Investor Confidence Soars as Tinubu's Reforms Lift
_Investor optimism has also been bolstered by the Central Bank of Nigeria's recapitalization directive to commercial banks. Leading institutions such as GTCO and Zenith Bank have seen significant increases in market capitalization, with over #3.7 trillion in combined value added. The Monetary Policy Rate, currently at 27.5 percent, has further enhanced the appeal of Nigerian equities and bonds for yield- seeking investors._
_Tinubu's reforms are reinforcing Nigeria's macroeconomic fundamentals. The country recorded a balance of payments surplus of $6.83 billion in 2024, reversing earlier deficits and signaling stronger foreign exchange inflows. While inflation remains elevated, it has started to ease, and the fiscal deficit has declined from 5.4 percent of GDP in 2023 to 3 percent in 2024. These positive trends have strengthened Nigeria's economic credibility, with naira-denominated bonds outperforming all emerging market peers, delivering 8.6 percent returns in July 2025 alone._
_Domestic investor participation is also surging. In the past two years of Tinubu's administration, local investors accounted for more than #9.4 trillion (or 81 percent) of total transactions on the NSE, signaling deepening trust in the economy's long-term potential._
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