{
  "id": 16361403,
  "title": "NGX Group’s pre-tax profit rises 83% to N20.58 billion in 9M 2026",
  "url": "https://urgent.news/2026/10/24/ngx-groups-pre-tax-profit-rises-83-to-n20-58-billion-in-9m-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-24T19:01:20.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/24/ngx-groups-pre-tax-profit-rises-83-to-n20-58-billion-in-9m-2026/"
  },
  "original_language": "en",
  "account": "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.\n\nThe 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.\n\nTotal 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.\n\nTotal 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.",
  "summary": "Nigerian Exchange Group Plc (NGX Group) has reported an 83.29% year-on-year increase in group profit before tax to N20.58 billion for the nine months ended September 30, 2026, compared with N11.23 billion in the corresponding period of 2025. The post NGX Group’s pre-tax profit rises 83% to N20.58 billion in 9M 2026 appeared first on Nairametrics .",
  "key_points": [
    "NGX Group's pre-tax profit rose 83.29% to N20.58 billion in 9M 2026",
    "Transaction fees surged 112.39% to N20.68 billion, driving profit increase",
    "Total assets grew 11.35% to N79.11 billion, with investment securities up 28.38%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}