The Securities and Exchange Commission (SEC) Nigeria has credited the administration of President Bola Ahmed Tinubu with driving major transformations in the country’s capital market, as key financial indicators continue to record historic growth under the government’s economic reform agenda.

In a goodwill message marking the birthday of President Tinubu, the Board, Management, and Staff of SEC Nigeria praised what it described as the administration’s “visionary leadership” under the Renewed Hope agenda, highlighting significant achievements recorded within Nigeria’s financial and investment ecosystem.

Signed by the Director-General of SEC Nigeria, Dr. Emomotimi Agama, the statement noted that the Nigerian capital market has witnessed unprecedented expansion, increased investor confidence, stronger regulation, and accelerated innovation during the current administration.

According to the Commission, Nigeria’s market capitalisation has climbed to a record ₦130 trillion, reflecting substantial growth in the value of listed equities and renewed activity within the nation’s investment space.

SEC also disclosed that Assets Under Management (AUM) have surpassed ₦8 trillion, a development the Commission linked to growing investor trust and increased participation in regulated financial products and investment vehicles.

Analysts say the growth in market capitalisation and managed assets signals rising confidence among both domestic and international investors, particularly at a time when Nigeria continues to pursue broader economic reforms aimed at stabilising the economy, attracting investments, and expanding private sector participation.

The Commission further pointed to the enactment of the Investment and Securities Act (ISA) 2025, describing it as a landmark piece of legislation expected to strengthen financial regulation, improve market transparency, and align Nigeria’s capital market governance with international best practices.

Industry observers believe the updated regulatory framework could improve investor protection, deepen market integrity, and support the long-term sustainability of Nigeria’s financial markets.

Another major achievement highlighted by SEC was the introduction of a robust Virtual Assets Service Providers (VASP) framework, which the Commission said positions Nigeria for a more digital-driven financial future.

Experts say the emergence of digital asset regulations reflects increasing efforts by Nigerian authorities to balance innovation with investor protection as financial technology, digital assets, blockchain systems, and virtual investment platforms continue to gain traction globally.

The Commission stated that the reforms align with the Tinubu administration’s broader vision of building a resilient and competitive economy capable of supporting innovation, entrepreneurship, job creation, and sustainable growth.

Economic stakeholders note that the performance of the capital market often serves as a key indicator of investor sentiment and economic expectations, with improvements in regulation and market stability helping to attract long-term investments into critical sectors of the economy.

For many Nigerians, particularly pension contributors, retail investors, entrepreneurs, and businesses seeking access to capital, a stronger and more transparent financial market could create wider economic opportunities and improve access to funding.

The SEC also reaffirmed its commitment to supporting the administration’s economic agenda by strengthening market oversight, encouraging responsible innovation, and promoting investor education and financial inclusion.

Observers say the Commission’s remarks underscore the growing role of the capital market in Nigeria’s economic transformation efforts, especially as the country seeks to diversify revenue sources, encourage domestic investment, and compete more effectively within the global financial system.

While economic challenges such as inflation, currency volatility, and cost-of-living pressures continue to affect many Nigerians, stakeholders believe sustained reforms within the financial sector could help create a more stable investment climate and support long-term economic recovery.

The message concluded with birthday wishes to President Tinubu, while reiterating SEC Nigeria’s commitment to driving reforms and supporting policies aimed at strengthening Nigeria’s economic future.