Lagos, Feb 21, 2026, 10:00 WAT — Market closed.
- NGX Group shares last closed unchanged at ₦122.00 on Friday.
- The company has scheduled a Feb. 24 board meeting to consider its audited 2025 financial statements.
- The NGX All-Share Index rose 6.95% in the week ended Feb. 20 as turnover jumped, exchange data showed.
Nigerian Exchange Group Plc (NGXGROUP) shares ended Friday unchanged at 122.00 naira, as traders set up for an earnings-heavy week that could steer the stock’s next leg. (Investing.com)
The exchange operator is a direct play on trading activity in Nigeria’s market. When turnover rises, fee income tends to follow; when volumes thin out, it shows up fast.
A weekly market report from Nigerian Exchange (NGX) showed total equity turnover of 7.662 billion shares worth 252.566 billion naira in 345,118 deals for the week ended Feb. 20, up from 4.652 billion shares valued at 193.326 billion naira the prior week. The NGX All-Share Index and market capitalisation rose 6.95% to 194,989.77 and 125.164 trillion naira, respectively, the report said. (Nigerian Stock Exchange)
NGX Group said its board will meet on Feb. 24 to consider and approve the company’s audited financial statements for the year ended Dec. 31, 2025. It also said the “closed period” — a blackout that bars insiders from trading the stock — will remain in place until 24 hours after the audited accounts are filed and released. (Nigerian Stock Exchange)
On Friday’s session, NGXGROUP was quoted at 122.00 naira, with 1,234 trades and about 5.95 million shares changing hands, APT Securities’ daily price list showed. (aptsecurities.com)
Investors are also watching whether new product flow keeps coming onto the exchange’s platform. This week, Dangote Cement’s commercial paper was admitted for trading — commercial paper is short-term corporate debt sold to investors, usually at a discount and redeemed at face value. (Nairametrics)
David Adonri, vice chairman of Highcap Securities, called the transaction “an important step” in Nigeria’s short-term debt market, pointing to investor appetite for higher-quality corporate issuance. (Channels Television)
Still, NGX Group is tied to sentiment. A pullback in the equity rally or a sharp drop in daily turnover would hit the fee story, while any delay around audited results or dividend decisions could test positioning.
When trading resumes, the immediate focus is Tuesday’s board meeting and the timing of the audited filing after that, which will set the tone for how quickly investors move from “earnings anticipation” to “earnings reaction.”
