Nigerian Exchange Group Reports N20.6bn Profit in 2026

Nigerian Exchange Group Plc announced a profit before tax of N20.6 billion for the nine months ending September 30, 2026, marking an 83.3 percent increase from N11.2 billion in the same period of 2025. Profit after tax rose by 86.4 percent to N14.7 billion, surpassing the Group’s full-year 2025 profit after tax of N10.5 billion with a quarter of the year remaining.

The growth was primarily driven by transaction fees, which more than doubled to N20.7 billion from N9.7 billion, reflecting a 112.4 percent increase. Gross earnings increased by 64.8 percent to N29.6 billion, while revenue jumped by 79.8 percent to N27.3 billion.

The Group attributed this performance to a structural shift in Nigeria’s capital market, with more retail investors participating through digital channels. As of September 30, 2026, the NGX All-Share Index gained 61.43 percent year-to-date, and equity market capitalisation rose by 64.12 percent to N163.10 trillion.

Total assets were N79.1 billion, and earnings per share were N5.33.