Company profileThe Nigerian Exchange Group Plc, through its subsidiaries, operates as a stock exchange in Nigeria. The company operates through: Capital Market & Post trade Services, Strategic Investment, and Property Management segments. It is involved in the regulation of various stock broking firms in Nigeria, as well as provides them with the facilities for the purchase and sale of bonds, stocks, and shares; and clearing and settlement of trades on the stock exchange. In addition, the company offers property letting and investment, property management, real estate development, financial advisory and consultant, capital market infrastructure, and regulatory services; and listing and trading securities, licensing, market data, ancillary technology, and other services; and acts as a nominee. The company was formerly known as The Nigerian Stock Exchange. The Nigerian Exchange Group Plc was incorporated in 1960 and is headquartered in Lagos, Nigeria.
NGX Group Plc (NGXGROUP) is listed on NGX in the FINANCIAL SERVICES sector, with exposure to Security and Commodity Brokers, Dealers, Exchanges, and Services. This page brings together the current share price, valuation, dividend context, business summary, and a practical current view so you can assess the stock faster.
Why this stock may reactDirect company signals
corporate_governance
NGXGROUP may benefit from corporate_governance. Confidence 95%.
The reported board change concerns MTN Nigeria, a company in the ICT sector.
increased_market_activity
NGXGROUP may benefit from increased_market_activity. Confidence 95%.
Article states performance was driven principally by increased market activity with transaction fees up 169% and listing fees up 59%, boosting NGX Group revenue and profits.
