President Bola Tinubu has described 2025 as a year of solid economic performance for Nigeria, highlighting robust GDP growth, declining inflation, and gains in the stock market, while pledging to ensure the benefits of reform reach every Nigerian household in 2026.
In his New Year address on Thursday, the President said, “We closed 2025 on a strong note. Despite the policies to fight inflation, Nigeria recorded a robust GDP growth each quarter, with annualised growth expected to exceed 4 per cent for the year. We maintained trade surpluses and achieved greater exchange rate stability. Inflation declined steadily and reached below 15 per cent, in line with our target.”
He added that the administration is determined to reduce inflation further in the coming year.
Tinubu also highlighted the performance of the Nigerian Stock Exchange, noting that it posted a remarkable 48.12 per cent gain in 2025, consolidating its bullish run that began in the second half of 2023.
“In 2025, the Nigerian Stock Exchange outperformed its peers, reflecting renewed investor confidence in our economy,” he said.
The President cited Nigeria’s foreign reserves as a key strength, saying, “Supported by sound monetary policy management, our foreign reserves stood at $45.4 billion as of December 29, 2025, providing a substantial buffer against external shocks for the Naira. We expect this position to strengthen further in the new year.”
He also pointed to a surge in foreign direct investment (FDI), noting that FDI rose to $720 million in the third quarter of 2025 from $90 million in the preceding quarter.
“This reflects renewed investor confidence in Nigeria’s economic direction, which global credit rating agencies, including Moody’s, Fitch, and Standard & Poor’s, have consistently affirmed and applauded,” Tinubu said, underscoring the country’s growing appeal to international investors.
