Nigerian Exchange Group's Profit Jumps 83.3% in 2026

Nigerian Exchange Group Plc's profit before tax surged 83.3 percent to ₦20.6 billion for the nine months ending September 2026, up from ₦11.2 billion in the same period of 2025. Profit after tax rose 86.4 percent to ₦14.7 billion from ₦7.9 billion.

Revenue increased by 79.8 percent to ₦27.3 billion, driven by a doubling of transaction fees, which rose 112.4 percent to ₦20.7 billion from ₦9.7 billion. This growth reflects heightened trading activity and a broader investor base, with more retail investors engaging through digital channels.

Listing fees also saw a 24.4 percent increase to ₦3.7 billion from ₦3.0 billion. The NGX All-Share Index gained 61.43 percent year-to-date, and equity market capitalisation rose from ₦99.38 trillion to ₦163.10 trillion.

Operating expenses climbed 56.8 percent to ₦14.7 billion, but the cost-to-income ratio improved to 49.7 percent from 52.3 percent. The Group's investments in personnel, market infrastructure, and technology are aimed at supporting future growth.