NGX Group 9M 2026 Results: Profit Jumps 83% to ₦20.6bn

NGX Group reported gross earnings of ₦29.6 billion for the nine months ended 30 September 2026, a 64.8% increase from ₦17.9 billion in the same period of 2025. Revenue grew 79.8% to ₦27.3 billion, driven primarily by transaction fees, which rose 112.4% to ₦20.7 billion. Listing fees contributed ₦3.7 billion, up 24.4%.

Profit before tax came in at ₦20.6 billion, up 83.3%, while profit after tax rose 86.4% to ₦14.7 billion. The Group noted this figure is already 40% above its full-year 2025 profit after tax of ₦10.5 billion, with one quarter of the year remaining.

The cost-to-income ratio improved to 49.7% from 52.3%, as total income grew faster than operating expenses. Share of profit from equity-accounted investees, driven primarily by CSCS, rose 69.6% to ₦5.7 billion.

Earnings per share stood at ₦5.33, restated to reflect the 1-for-3 bonus issue approved in April 2026. Shareholders received ₦8.2 billion in dividends during the period, up 86.7%. Total assets were ₦79.1 billion and shareholders equity was ₦61.1 billion as at 30 September 2026. The NGX All-Share Index gained 61.43% year-to-date, with equity market capitalisation rising to ₦163.10 trillion.