By Busola Bamidele
Nigeria recorded ₦10.54 trillion in foreign and domestic stock market transactions in the first 11 months of 2025, reflecting sustained investor activity on the Nigerian Exchange Limited (NGX). The update was shared on President Bola Ahmed Tinubu’s official X handle, signalling the administration’s focus on market performance and economic indicators that influence business confidence.
The Federal Government also disclosed plans to modernise about 50 per cent of Nigeria’s textile production capacity within the next five years. The initiative is expected to boost local manufacturing, reduce import dependence and create new opportunities for small businesses operating across the textile and apparel value chain.
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In preparation for the Christmas and New Year festivities, security agencies have been placed on red alert nationwide. The measure is aimed at protecting lives, assets and commercial activities during the peak holiday period when trading and logistics activities typically increase for small businesses.
Meanwhile, Nigeria’s digital economy revenue is projected to reach $18.3 billion by 2026, driven by growth in fintech, e-commerce and ICT services. The projection underscores the expanding role of startups and SMEs in driving digital innovation and contributing to overall economic growth.
