Entity

Nigerian Exchange Group Plc (NGX Group) is Africa's leading integrated financial market infrastructure provider, headquartered in Lagos, Nigeria. Its origins trace back to 1960, when it was established as the Lagos Stock Exchange, making it one of the oldest capital market institutions on the continent. In March 2021, the organisation underwent a landmark demutualisation, converting from a member-owned, not-for-profit entity into a publicly listed, shareholder-owned commercial group — a structural transformation that repositioned it as a profit-oriented market infrastructure business.

NGX Group operates through three principal business segments: Capital Market & Post-Trade Services, Strategic Investments, and Property Management. Its core exchange subsidiary, Nigerian Exchange Limited (NGX), is a multi-asset trading venue offering listing and trading services across equities, fixed income securities, Exchange Traded Products (ETPs), and investment funds, organised across three listing tiers: Premium Board, Main Board, and Growth Board. The exchange publishes the widely tracked All-Share Index (ASI), alongside the NGX30 and NGX50 indices.

As of May 2026, the NGX Group carries a total equity market capitalisation of approximately ₦110.2 trillion (~$67 billion) across all listed securities. It is licensed under Nigeria's Investments and Securities Act (ISA) and regulated by the Securities and Exchange Commission (SEC) of Nigeria. NGX is the primary domestic exchange expected to anchor the Dangote Petroleum Refinery IPO listing in September 2026.