🇳🇬

Nigerian Exchange (NGX)

The Nigerian Exchange in Lagos is West Africa's largest stock market, home to Dangote Cement, MTN Nigeria and Africa's biggest banking sector. Tracing its history to 1960 as the Lagos Stock Exchange, the demutualised NGX today lists 150+ companies and in 2026 became one of Africa's first markets to adopt T+1 settlement.

📊 Exchange profile — live data on the roadmap 🇳🇬 Nigeria ₦ NGN

Sectors on the NGX

Banking Telecommunications Industrial Goods Consumer Goods Oil & Gas Insurance

Notable listed companies

CompanyTickerSector
Dangote CementDANGCEMIndustrial Goods
MTN NigeriaMTNNTelecommunications
Zenith BankZENITHBANKBanking
Guaranty Trust HoldingGTCOBanking
Access HoldingsACCESSCORPBanking
BUA FoodsBUAFOODSConsumer Goods
Seplat EnergySEPLATOil & Gas
Airtel AfricaAIRTELAFRITelecommunications

A selection of well-known listings. Live prices for this exchange are on the Wallflake roadmap.

How the Nigerian market works

NGX trading runs fully electronically, with the All-Share Index (ASI) as the market's headline benchmark. Banking and industrial heavyweights dominate turnover, and the exchange extended its trading day to 9:00 AM – 4:00 PM WAT in April 2026 to deepen liquidity. Foreign investors participate through SEC-licensed Nigerian brokers, with currency conversion between naira and dollars a key consideration.

How to invest in NGX stocks

You need an account with a licensed Nigerian stockbroker and a Central Securities Clearing System (CSCS) account, which your broker opens for you. Diaspora investors can complete this remotely with most large brokers. Since June 2026 trades settle T+1 — one business day. Always confirm fees and FX handling with your broker before trading.

Frequently asked questions

Does Wallflake show live NGX prices?

Not yet. NGX live data is on our roadmap — this page profiles the exchange, its listed companies and how it works. Create a free Wallflake account to be notified when Nigerian market data goes live.

What are the Nigerian Exchange trading hours?

Since April 2026 the NGX trades Monday to Friday from 9:00 AM to 4:00 PM West Africa Time (WAT), excluding Nigerian public holidays.

What is the NGX All-Share Index?

The ASI is the Nigerian Exchange's headline benchmark, tracking every listed equity on the exchange, weighted by market capitalisation.

Be first when NGX goes live

Create a free Wallflake account and we'll notify you the moment live Nigeria market data launches.

Create Free Account