The Nigerian Exchange Group Plc (NGX Group), for the six months ended 30 June 2025, reported a total income of N9.86 billion Naira, an increase from N7.48 billion in the same period of 2024. The group said in its financial report released on Wednesday.
This growth was driven by an increase in revenue, which rose to N8.08 billion in June 2025 year-todate, up from N6.37 billion in June 2024 year-to-date.
Transaction fees and listing fees were significant contributors to revenue, with transaction fees reaching N4.96 billion and listing fees at N1.50 billion by June 2025 year-to-date. Other income also saw a notable rise to N1.78 billion from N1.10 billion in the prior year. The report noted.
However, operating expenses also increased, reaching N5.70 billion in June 2025 year-to-date, compared to N4.56 billion in June 2024 year-to-date.
Personnel expenses accounted for N2.66 billion of this, and other operating expenses were N2.78 billion. Despite the rise in expenses, the Group’s operating profit improved to N4.16 billion from N2.91 billion year-on-year.
After accounting for finance costs and the share of profit from equity-accounted investees, the Group’s profit before income tax stood at N5.46 billion in June 2025, a significant jump from N3.62 billion in June 2024.
Looking at the financial position as of 30 June 2025, the Group’s total assets were N63.34 billion, a decrease from N68.04 billion at 31 December 2024. This was primarily due to a reduction in current assets, particularly investment securities and cash and cash equivalents. Total liabilities also decreased to N14.98 billion from N19.49 billion at the end of 2024.
NGX total equity as of 30 June 2025 was N48.36 billion, slightly lower than N48.55 billion at 31 December 2024. This change was influenced by transactions with equity holders totaling (N4.41 billion), despite the profit for the period.
NGX evolved from Nigerian Stock Exchange, and continued its operations as a shareholder-owned, profit-making entity. Its principal activities include investments in the capital market value chain, listing and trading securities, licensing, market data solutions, ancillary technology, regulation, and real estate through its subsidiaries.
