Digital access drives NGX to N20.6bn 9-month profit

 The Nigerian Exchange Group Plc (NGX Group) has reported profit before tax of N20.6 billion for the nine months ended 30 September 2026.

The amount represents 83.3 per cent growth  from N11.2 billion in the same period of 2025. 

Profit after tax rose 86.4 per cent  to N14.7 billion, already 40 per cent  above the Group’s full-year 2025 profit after tax of N10.5 billion, with a quarter of the year still to run. 

The performance reflects a structural shift in Nigeria’s capital market: more investors, increasingly retail and increasingly onboarding through digital self-service channels, trading more often across a deeper market. NGX Group is converting that activity into earnings while improving efficiency and investing in the people and infrastructure the next phase of growth requires. 

Earnings per share was N5.33 for the period, reflecting the enlarged share base following the 1-for-3 bonus issue approved by shareholders in April 2026.

9 month 2025 restated for the bonus issue of  N2.68. 

Transaction fees more than doubled to N20.7 billion. Growth was driven by higher trading volumes and a widening investor base, as retail investors increasingly access the market through digital self-service, from account opening to order execution, on platforms connected to the Exchange. Group Managing Director/Chief Executive Officer, Temi Popoola, said: “More Nigerians are investing, and more of them are doing it digitally. That broadening participation more than doubled our transaction revenue and is creating real wealth for investors. We are investing ahead of that curve, in our people, our infrastructure and our technology roadmap, so that the market can absorb the next wave of investors efficiently and securely.”