NGX Group Wins Africa’s Best Exchange Award for 2026
Nigerian Exchange Group Plc (NGX Group) has been named Africa’s Best Exchange at the Euromoney Markets Awards 2026 in recognition of its contributions to market infrastructure, digital innovation and capital formation. The award was presented at the Mandarin Oriental Hyde Park in London on Thursday, October 15, 2026, recognising achievements in market development during 2025. A key factor in expanding access to Nigeria’s capital market has been NGX Invest, the Group’s electronic platform for public offers and rights issues, which played a significant role in the banking sector recapitalisation exercise by facilitating more than ₦2.8 trillion in capital raising. By September 2026, the platform’s distribution network had expanded to more than 180 channels, including stockbrokers, banks and fintech companies, while a WhatsApp subscription option provided investors with another way to participate in public offers.
Nigeria’s equities market also recorded substantial growth, with the NGX All-Share Index rising by 51.19 per cent in 2025, equities turnover increasing by 109.48 per cent to ₦5.96 trillion and market capitalisation reaching ₦99.38 trillion. The upward trend continued in 2026, as of October 16, when the All-Share Index had gained 59.07 per cent year-to-date, equities turnover stood at ₦7.82 trillion, representing a 73.78 per cent increase from ₦4.50 trillion recorded during the corresponding period in 2025, and market capitalisation reached ₦160.73 trillion. NGX Group Managing Director and Chief Executive Officer, Temi Popoola, said the award reflected the Group’s commitment to strengthening the technology and infrastructure supporting investment and capital formation. He added that the Group would continue working with regulators, policymakers, issuers, investors and other market participants to improve market efficiency and broaden investment opportunities. The Group is also advancing sustainable finance through its NGX Net-Zero Programme, implemented with DEG Impulse gGmbH and Africa Foresight Group, with support from DEG Impulse’s develoPPP programme, to help Nigerian businesses improve climate readiness, set science-based emissions-reduction targets and develop transition plans that could support access to climate-aligned financing.
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