Nigeria
Nigerian Exchange (NGX Group)
Nigerian Exchange Group
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ABOUT
Market overview
Summary
Based in Lagos, NGX is West Africa’s flagship market for the continent’s largest economy and population. Following demutualization in 2021, NGX Group was formed to operate the exchange with a more transparent, globally oriented structure.
History & context
Tracing back to the Lagos Stock Exchange founded in 1960 and renamed the Nigerian Stock Exchange in 1977, it has mirrored Nigeria’s shift from an oil-centric economy toward a more diversified landscape.
Characteristics & key sectors
Cement, telecoms, and banks—names like Dangote Cement and MTN Nigeria—lead trading. A fast-growing middle class and digital adoption make it one of the more dynamic frontier markets.
Trading hours
09:30 – 14:30 (WAT) · Japan time roughly 17:30 – 22:30
Currency
NGN (Nigerian naira)
Official website
https://ngxgroup.com
COMPANIES
Listed companies
| Ticker | Company | Sector |
|---|---|---|
| ABCTRANS | ABC Transport | Unknown |
| MANSARD | AXA Mansard Insurance | Unknown |
| ABBEYBDS | Abbey Mortgage Bank | Unknown |
| ACADEMY | Academy Press | Unknown |
| ACCESSCORP | Access Holdings | Unknown |
| AFRIPRUD | Africa Prudential | Unknown |
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NEWS