President Bola Ahmed Tinubu’s presidency has reacted after 10 blue-chip firms listed on the Nigerian Exchange, NGX recorded a combined revenue of N14.40 trillion in the first quarter of 2026.
In a statement issued on Wednesday by the President’s spokesperson, Bayo Onanuga, the Tinubu administration attributed the gains to its economic reforms.
DAILY POST reports that the 10 firms, including MTN Nigeria, Dangote Cement, Seplat Energy, Aradel Holdings, BUA Cement and others, recorded a combined profit after tax of N4.99 trillion in the first quarter of 2026.
Reacting, the presidency said the strong financial performance recorded by many companies listed on the Nigerian Exchange in the first half of 2026 was attributable to several key economic reforms implemented by the Tinubu administration since 2023.
The presidency noted that its foreign exchange market reforms introduced in 2023 had positively impacted the country’s stock market.
“One of these significant reforms was the
