President Bola Ahmed Tinubu praised the Economic Management Team and the Nigerian Exchange Group (NGX) for their role in stabilizing the economy and boosting the capital market during a meeting in Abuja on Thursday, according to multiple reports. The event took place at the State House, where Tinubu received the Board and Management of the NGX.

Tinubu highlighted growing positive assessments of the economy by experts and favorable indicators, signaling a brighter future for Nigerians. He noted that reforms implemented by the economic team and NGX align with global best practices and have contributed to economic stability. The president emphasized the importance of these efforts in restoring investor confidence and supporting national growth.

The Nigerian Exchange Group, under Tinubu’s administration, has seen a rebound in the stock market, with the NGX index showing improved performance. This progress has been attributed to structural reforms and improved governance. The president’s commendation reflects the government’s focus on economic recovery and long-term development.

The meeting also underscored the collaboration between the executive and financial institutions in addressing economic challenges. Tinubu’s remarks were widely reported by local media outlets, highlighting the administration’s commitment to economic reform. (businessday.ng) (vanguardngr.com)

Sources
  • Business News Nigeria — Tinubu lauds economic team, NGX for stabilising economy, stock market rebound
  • Realnews Magazine — Tinubu lauds economic team, NGX for stabilising the economy - Realnews Magazine
  • Vanguard News — Tinubu hails economic team, NGX over market rebound, stability
  • Punch Newspapers — Tinubu receives outgoing ECOWAS commission president
  • THISDAYLIVE — NGX Group: Dangote Refinery’s IPO will be Game Changer