LLagos.Cool — Today
ENPidgin
NGXGROUPFinancial Services

Nigerian Exchange Group Plc

₦164
▼ 4.5%+496% YTD
≈ $0.12 · Forex rate

Key stats

Market cap
₦470B
P/E ratio
30.0x
Dividend yield
1.4%
52-week range
₦24 – ₦175
Founded
1960
Listed
2021
Board
Premium Board
Industry
Capital Markets
HQ
Lagos, Nigeria
CEO
Temi Popoola
Shares
1.964B
ISIN
NGNGXGROUP02

Key milestones

1960
Lagos Stock Exchange founded
1977
Renamed Nigerian Stock Exchange
2015
Demutualization process commenced
2021
Demutualization completed; NGX Group listed at ₦18
2024
Retail investor surge drove trading volumes
2025
Annual turnover crossed ₦15 trillion
2026
Share price up 496% YTD — best NGX performer

Why Lagosian dey care about NGXGROUP

NGX Group na di Nigerian Exchange itself — di company wey own di stock exchange where every other stock dey trade. When more Lagosian buy stocks, NGX Group earn more fee. Stock don rise 496% YTD — di best performer for di entire NGX. Demutualization (2021) make am possible for retail investor to own piece of Nigerian capital market.

About di company

NGX Group dey hold di Nigerian Exchange Limited and other capital market infrastructure. Demutualization for 2021 turn am from member-owned to publicly listed company. Dem list dia own shares for October 2021 at ₦18. Stock don rise 496% for 2026 — di best performer for entire NGX.

Business segments

1.Trading & Listing Fees (Nigerian Exchange Limited)
2.Market Data & Information Services
3.NGX Regulation Limited (regulatory oversight)
4.NGX Real Estate (HQ buildings)
📈 Why buy

Pure play on NGX market activity. Operational leverage — fixed cost base means revenue growth flows to bottom line. Demutualization commercial flexibility. Derivatives launch could be transformational.

📉 Why fear

Cyclical exposure to bull/bear markets. Regulatory risk (SEC oversight). Limited float concentrates trading. Valuation already reflects optimism (30x PE).

Key risks

  • ⚠Bull market reversal cuts trading revenue
  • ⚠SEC regulatory changes
  • ⚠Limited free float
  • ⚠Competing exchanges (FMDQ for fixed income)
  • ⚠Technology transformation costs

Trading activity — past 3 months

NGX Group has been one of the most liquid mid-caps post-demutualization. NGXGROUP traded 142 million shares in 65,000 deals worth ₦19 billion over the past three months. The stock saw +10% rallies on multiple sessions in 2026.

Financial Services sector — NGXGROUP dey rank 3 of 7

By market cap

#TickerNamePriceYTD
1GTCOGuaranty Trust Holding Co Plc₦139+55%
2ZENITHBANKZenith Bank Plc₦110+60%
3NGXGROUPNigerian Exchange Group Plc₦164+496%
4FIRSTHOLDCOFBN Holdings Plc₦60+70%
5UBAUnited Bank for Africa Plc₦49+65%
6ACCESSCORPAccess Holdings Plc₦27+55%
7FIDELITYBKFidelity Bank Plc₦18+80%
← Previous
BETAGLAS · ₦598
Next →
GTCO · ₦139

Frequent Question

NGXGROUP (Nigerian Exchange Group Plc) na trading at ₦164. Down 4.47% today, +496% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.