The Presidency has credited the strong first-half 2026 financial performance of Nigerian Exchange-listed companies to the administration’s economic reforms. Special Adviser Bayo Onanuga stated that initiatives such as foreign exchange unification, fuel subsidy removal, and banking sector recapitalisation have created a more stable business environment. Export-oriented firms, particularly in the oil and gas sector like Aradel Holdings and Seplat Energy, were highlighted as primary beneficiaries of these policies and recent regulatory approvals for asset acquisitions. Additionally, the government noted that improved foreign exchange access has supported production for manufacturers including Dangote Cement and BUA Cement. However, the government’s optimistic outlook contrasts with reports of persistent inflationary pressures and high operational costs affecting broader manufacturing sector activity.