During the three quarters of 2022 ended September 30, 2022, Nigerian Exchange Group Plc (NGX Group) recorded revenue growth of 17.46%, from N4.86 billion to 5.71 billion Nairas during the corresponding period of 2021.

Revenues from its core businesses increased by 13.37%, from 4.39 billion nairas in September 2021 to 4.97 billion nairas over the same period in 2022 according to the account of result. This takes into account registration fees, income generated from cash investments, transaction fees, rental income, and other fees. Also, technology revenues also increased by 55.48%, from N417.83 million in September 2021 to N733.62 million in the corresponding 2021 period.

and other income composed of market data revenue, net gain on disposal of tangible assets. Similarly, the operating margin fell to 13.99% from 14.62% the previous year, while operating profit rose to 798.56 million nairas in September 2022, compared to 710.31 million nairas. At the end of the period under review, the Group recorded a net profit of 172.66 million naira.