NGX Group Named Africa’s Best Exchange at Euromoney Markets Awards 2026

Nigerian Exchange Group Plc, also known as NGX Group, has been awarded Africa's Best Exchange at the Euromoney Markets Awards 2026. The recognition highlights the company's role in advancing market infrastructure, digital innovation, and capital formation in Nigeria. The award ceremony took place at the Mandarin Oriental Hyde Park in London on October 15, 2026.

The accolade celebrates the Group's developments in market growth during 2025 and occurs amidst the flourishing equities market in Nigeria. A major contributor to this growth has been NGX Invest, the Group's electronic public-offering platform, which has simplified the subscription process for public offers and rights issues. This platform played a significant role in Nigeria's banking sector recapitalisation exercise, facilitating more than ₦2.8 trillion in capital raising.

As of September 2026, NGX Invest's distribution network had expanded to over 180 channels, including stockbrokers, banks, and fintechs, with a WhatsApp subscription channel providing an additional option for investors to subscribe to public offers. Nigeria's equities market demonstrated impressive growth in 2025, with the NGX All-Share Index increasing by 51.19 percent, equities turnover surging by 109.48 percent to ₦5.96 trillion, and market capitalisation reaching ₦99.38 trillion.

This upward trajectory has continued into 2026. By October 16, 2026, the All-Share Index had risen by 59.07 percent year-to-date, equities turnover stood at ₦7.82 trillion, representing a 73.78 percent increase from ₦4.50 trillion in the same period last year, while market capitalisation reached ₦160.73 trillion. Temi Popoola, Group Managing Director/Chief Executive Officer of NGX Group, expressed gratitude for the award, stating that it reflects the company's ongoing dedication to enhancing the capital market's infrastructure and technology.

He emphasized the importance of the support from regulators, policymakers, issuers, investors, stockbrokers, and other market participants in driving the development of the capital market. Popoola highlighted the Group's objectives to achieve a more accessible, resilient, and competitive market, both through digital innovation and sustainable finance initiatives like the NGX Net-Zero Programme.

Additionally, NGX Group is working on improving post-trade efficiency and strengthening regional connectivity by transitioning to T+1 settlement in June 2026 and collaborating with other African exchanges to deepen cross-border investment and regional market linkages.