See more as Tinubu breaks Obasanjo, Yar’Adua, Jonathan, Buhari's stock market record

• Nigerian banal marketplace investors person made much wealth nether the 2-year medication of President Bola Tinubu
• The economical reforms carried retired led to a marketplace rally of implicit 100%, marking the strongest show among presidents since 1999
• Although the reforms person brought hardship to galore Nigerians, it has created optimism among investors

Legit.ng journalist Dave Ibemere has implicit a decennary of acquisition successful business journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Nigeria’s banal marketplace nether President Bola Ahmed Tinubu has recorded the highest returns successful the archetypal 2 years of immoderate medication since 1999.

Data shows that betwixt May 2023 and May 2025, nether Tinubu, the banal marketplace accrued by 111.24%.

Nigerian banal marketplace has been connected the emergence nether President Tinubu Photo credit: Presidency
Source: Facebook

This is higher than the grounds of his predecessors wrong the aforesaid play nether reappraisal since 1999.

Since the instrumentality to civilian rule, Nigeria has been led by Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan, Muhammadu Buhari, and present Bola Ahmed Tinubu.

Nigeria's banal show since 1999

Data tracked by StatiSense showed that wrong the 2-year reappraisal period, the champion two-year banal marketplace rally was nether Tinubu.

Following down Tinubu's 111.24% banal marketplace emergence is the 106.64% rally recorded successful the archetypal 2 years of President Obasanjo’s medication (1999–2001).

Following down is 47.18% nether President Jonathan, and 11.50% during the aforesaid play of President Muhammadu Buhari’s tenure.

The market, however, contracted by 39.58% nether President Umaru Musa Yar’Adua 2 years into his administration.

Nigeria's banal marketplace show 2 years aft inauguration:

• Tinubu (2023–2025): +111.24%
• Obasanjo (1999–2001): +106.64%
• Jonathan (2011–2013): +47.18%
• Buhari (2015–2017): +11.50%
• Yar’Adua (2007–2009): -39.58%

Under Tinubu Nigerian banal marketplace investors marque much money Photo credit: presidency
Source: Facebook

Stock show nether Tinubu

Tinubu’s contiguous marketplace interaction was besides notable. In the archetypal 24 hours of his administration, investors gained implicit N1.505 trillion arsenic the marketplace responded to his declaration of economical reforms, peculiarly the removal of the substance subsidy.

The NGX All-Share Index (ASI) jumped 5.22% connected the archetypal trading time aft its inauguration, and maintained affirmative momentum with gains of 5.28% aft 1 week, 13.5% aft 1 month, and 28.58% aft 5 months.

By contrast, Buhari’s medication opened to a anemic marketplace response, with the NGX falling 0.77% a time aft his inauguration successful 2015 and losing 16.02% wrong the archetypal 3 months.

Stoke marketplace nether Jonathan and Yar’Adua started poorly; however, nether Obasanjo, determination was a bounce backmost pursuing reforms successful the backstage sector, starring to semipermanent gains.

Investors marque N187bn successful 1 time of trading

Earlier, Legit.ng reported that Nigeria’s equities marketplace recorded different affirmative show connected Wednesday, May 28, 2025, as investors booked a N187 cardinal gain.

Data from Nigerian Exchange Limited (NGX) showed that the All-Share Index (ASI) climbed by 0.27% to adjacent astatine 111,902.61 points, up from the erstwhile day’s 111,606.22 points.

In 14,870 deals, investors exchanged 531,287,255 shares worthy N19.808 cardinal successful trading connected Wednesday.

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Source: Legit.ng