{
  "id": 18962823,
  "title": "Top NGX-listed tech companies ranked by revenue growth in 2026",
  "url": "https://urgent.news/2026/11/08/top-ngx-listed-tech-companies-ranked-by-revenue-growth-in-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T15:05:35.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/11/08/top-ngx-listed-tech-companies-ranked-by-revenue-growth-in-2026/"
  },
  "original_language": "en",
  "account": "Nine technology and telecommunications companies listed on the Nigerian Exchange (NGX) experienced varying revenue performances in 2026, with Omatek Ventures leading the pack with an extraordinary 650% growth, primarily due to a low base. NCR Nigeria and CWG followed closely, with growth rates of 29.3% and 29.1%, respectively.\n\nLegend Internet, however, had the weakest revenue performance among the nine companies, with a 7.4% decline in revenue to N1.10 billion for the 12 months ended July 2026. The company's gross profit also declined, while operating expenses increased significantly.\n\neTranzact International Plc saw a 4.4% revenue increase to N20.99 billion for the nine months ended September 2026, but this growth did not lead to higher profitability, as cost of sales rose and administrative expenses increased. This resulted in a 44.4% decline in operating profit to N1.75 billion.\n\nBriclinks Africa Plc recorded an 11.5% revenue increase to N451.19 million for the nine months ended September 2026. The company's gross profit improved by 21.9% and profit after tax increased by 76.9% compared to the previous year.\n\nMTN Nigeria Communications Plc led the pack with a 23.6% revenue increase to N4.61 trillion for the nine months ended September 2026, driven by its data business. The company's operating profit also increased by 38.2%, and profit after tax rose by 55.3%.",
  "summary": "Technology and telecommunications companies listed on the Nigerian Exchange (NGX) recorded varying revenue performances in 2026, with. The post Top NGX-listed tech companies ranked by revenue growth in 2026 appeared first on Nairametrics .",
  "key_points": [
    "Omatek Ventures led with 650% revenue growth in 2026",
    "MTN Nigeria Communications grew 23.6% in revenue for same period",
    "Legend Internet saw 7.4% decline in revenue to N1.10 billion"
  ],
  "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."
}