Nigerian Exchange Group PLC
NNSENG:NGXGROUP152.50
NGN
-7.50
(-4.69%)
ISIN
NGNGXGROUP09
Return %
Stock
S&P 500
1Y
247.58
14.20
3Y
832.72
81.12
5Y
824.24
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Temi Popoola
- Full Time Employees
- 109
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- Lagos Nigeria
- IPO Date
- Oct 15, 2021
- Website
- ngxgroup.com
- Similar Companies
- Business
- Nigerian Exchange Group PLC is a Nigeria-based financial services holding company that provides capital market infrastructure, multi-asset securities exchange operations, regulatory compliance services, and commercial real estate management. Originally established in 1960 as the Lagos Stock Exchange and subsequently renamed the Nigerian Stock Exchange, the company is headquartered in Lagos, Nigeria, and operates primarily through wholly owned subsidiaries comprising Nigerian Exchange Limited, NGX Regulation Limited, and NGX Real Estate Limited, alongside significant equity interests in central infrastructure entities such as Central Securities Clearing System Plc and NG Clearing Limited. The company provides a comprehensive suite of market products and financial solutions, which include listing and capital raising services across the Main Board, Premium Board, Growth Board, and Technology Board for equities, sovereign bonds, sub-national bonds, corporate bonds, Sukuk, green bonds, and commercial papers; automated electronic trading execution services for equities, fixed income instruments, exchange-traded funds, and exchange-traded derivatives, such as index futures and single-stock futures contracts; market data dissemination, licensing, and benchmark index calculation services, including the NGX All-Share Index, NGX 30 Index, sector indices, and sustainability benchmarks; market regulation, surveillance, dispute resolution, issuer compliance, and investor protection services; post-trade settlement, custody, and central counterparty clearing services through its associated infrastructure partners; and property development, leasing, and facility management services for financial commercial real estate assets. In recent developments, Nigerian Exchange Group has implemented major strategic and operational transformations, including the completion of its demutualization into a public holding company and the listing of its shares on the exchange. The company has accelerated its digital transformation through the rollout of NGX Invest, an automated digital distribution platform for electronic public offerings and rights issues; introduced the NGX Technology Board to attract high-growth technology companies; integrated cross-border trading mechanisms via the African Exchanges Linkage Project; expanded its exchange-traded derivatives offerings; and entered strategic partnerships with telecommunications operators and financial technology firms to facilitate retail investor participation via mobile APIs and USSD channels.