Nigerian Exchange Group Reports N20.6bn Profit Growth

Nigerian Exchange Group Plc reported a profit before tax of N20.6 billion for the nine months ended September 30 2026, which is an 83.3% increase from N11.2 billion in the same period of 2025. The profit after tax for the same period was N14.7 billion, representing an 86.4% increase from N7.9 billion reported in the previous year.

This profit growth exceeds the group's full-year 2025 profit after tax of N10.5 billion, with a quarter of the year remaining. The performance indicates a structural shift in Nigeria's capital market, with more retail investors engaging through digital self-service channels.

Earnings per share stood at N5.33, reflecting a larger share base due to a 1-for-3 bonus issue approved by shareholders in April 2026. Share of profit from equity-accounted investees rose 69.6% to N5.7 billion, primarily driven by Central Securities Clearing System Plc.

Group Chairman Umaru Kwairanga and Group Managing Director/CEO Temi Popoola commented on the results, emphasizing the importance of digital participation in the market.