NGX Group’s pre-tax profit rises 83% to N20.58 billion in 9M 2026

Nigerian Exchange Group Plc (NGX Group) has reported a substantial 83.29% increase in its pre-tax profit to N20.58 billion for the nine months ended September 30, 2026, compared to N11.23 billion in the same period last year. The significant growth was driven by a surge in transaction fees, stronger listing income, and higher earnings from equity-accounted investees despite rising operating expenses.

The company's total revenue rose by 79.79% to N27.26 billion, with transaction fees contributing a significant N20.68 billion, up 112.39% year-on-year from N9.74 billion. Listing fees also saw a 24.44% increase to N3.73 billion. Other income, however, declined by 16.95% to N2.31 billion.

Total income increased by 64.78% to N29.57 billion. Operating expenses grew by 56.80% to N14.71 billion, while operating profit rose by 73.53% to N14.87 billion. Share of profit from equity-accounted investees also expanded by 69.55% to N5.72 billion.

Total assets grew by 11.35% to N79.11 billion, with investment securities increasing by 28.38% to N35.70 billion. Shareholders' equity rose by 10.62% to N61.07 billion. The company's shares have appreciated by approximately 117.86% year-to-date, indicating strong performance and investor confidence.