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

Nigerian Exchange Group Plc, also known as NGX Group, has been honored as Africa's Best Exchange at the prestigious Euromoney Markets Awards 2026. The award, presented at the Mandarin Oriental Hyde Park in London on October 15, 2026, acknowledges the company's contributions to market infrastructure, digital innovation, and capital formation. The recognition comes in the wake of robust growth in Nigeria's equities market during 2025.

A key factor behind this growth has been NGX Invest, the Group's electronic public-offering platform, which has vastly simplified subscriptions to public offers and rights issues. This platform played a crucial role in Nigeria's banking sector recapitalisation exercise, facilitating over N2.8 trillion in capital raising by September 2026. The distribution network of NGX Invest has also expanded to more than 180 channels, including banks, fintechs, and stockbrokers, with a WhatsApp subscription channel added for investors.

Nigeria's equities market demonstrated significant growth in 2025, with the NGX All-Share Index rising by 51.19 percent, equities turnover increasing by 109.48 percent to N5.96 trillion, and market capitalisation reaching N99.38 trillion. This momentum continued into 2026, with the All-Share Index gaining 59.07 percent year-to-date as of October 16, 2026. Equities turnover surged to N7.82 trillion, up 73.78 percent from N4.50 trillion in the same period of 2025, while market capitalisation expanded to N160.73 trillion.

Temi Popoola, the Group Managing Director/Chief Executive Officer of NGX Group, expressed gratitude for the trust and collaboration from regulators, policymakers, issuers, investors, and the stockbroking community, emphasizing the importance of their support in the development of the capital market. The Group aims to continue building a more accessible, resilient, and competitive market by expanding digital access to investment opportunities, enhancing market efficiency, and deepening connections with other African markets.

Beyond digital innovation, NGX Group is actively advancing sustainable finance through the NGX Net-Zero Programme (N-Zero), a partnership with DEG Impulse gGmbH and Africa Foresight Group. This initiative helps Nigerian businesses strengthen climate readiness, set science-based emissions-reduction targets, and develop transition plans to attract climate-aligned finance. The programme has already engaged over 50 companies, with 19 onboarded as community members.

NGX Group's broader market-development priorities include improving post-trade efficiency and strengthening regional connectivity. Nigeria's transition to T+1 settlement in June 2026 shortened the settlement cycle, while strategic engagements with other African exchanges are fostering cross-border investment and strengthening regional market linkages.