Nigerian Ambassador-Designate to Mexico, Reno Omokri has claimed that the Nigerian Exchange (NGX) is currently the world’s best-performing stock market, asserting that it has outperformed even the New York Stock Exchange.
Omokri made the statement in a post shared on his X handle, where he attributed the performance of the Nigerian stock market to the economic policies of President Bola Tinubu.
“Right now, Nigeria has the top stock market of any country on Earth. The Nigerian Stock Exchange is more profitable than even the New York Stock Exchange. Please fact-check me,” he wrote.
According to Omokri, international financial media outlet Bloomberg had linked the remarkable growth in the Nigerian Exchange to policy reforms introduced by the Tinubu administration.
“And according to Bloomberg, the phenomenal explosion in value on the NGX is due to the policies of His Excellency, Bola Ahmed Tinubu, GCFR, President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria,” he stated.
The former presidential aide concluded his post by offering prayers for the President and the country.
“May God bless President Tinubu. May God bless the Federal Republic of Nigeria,” he added.
Omokri’s comments come amid continued debates over the impact of the Federal Government’s economic reforms on Nigeria’s financial markets and broader economy.
While the Nigerian Exchange has recorded periods of strong market performance in recent years, assessments of the factors driving its growth continue to generate differing views among economists, market analysts and political commentators…See More
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