NGX Group's Profit Surges 83% to N20.58 Billion in 2026
Nigerian Exchange Group Plc (NGX Group) announced an 83.29% year-on-year increase in pre-tax profit to N20.58 billion for the nine months ending September 30, 2026, compared to N11.23 billion in the same period of 2025. Profit after tax rose by 86.44% to N14.69 billion from N7.88 billion.
Total revenue increased by 79.79% to N27.26 billion from N15.16 billion, primarily due to a significant rise in transaction fees, which more than doubled to N20.68 billion from N9.74 billion. The Group's earnings were also supported by stronger listing income and contributions from equity-accounted investees, despite a 56.80% increase in operating expenses to N14.71 billion.
Notably, NGX Group recorded no finance costs in 9M 2026, contrasting with N708.85 million in 9M 2025. Income tax expense rose by 75.88% to N5.90 billion.
The Group holds a 43.52% interest in Central Securities Clearing System Plc, which contributed to the increase in earnings from equity-accounted investees.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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