30 MINUTES DELAYED DATA: ABB2026S0 N100.000.00 % ABBEYBDS [BLS] N2.440.00 % ABC2027S0 N100.000.00 % ABCTRANS N0.780.07 % ACADEMY N1.740.00 % ACCESSCORP [MRF] N23.000.00 % ADV2028S1A N100.000.00 % ADV2031S1B N100.000.00 % AFRINSURE [MRF] N0.200.00 % AFRIPRUD N7.100.00 % AFROMEDIA [MRF] N0.240.00 % AGB2024S0 N100.000.00 % AIICO N0.990.00 % AIRTELAFRI N2200.000.00 % ALEX [BLS] N7.150.00 % ARBICO N1.030.00 % ASOSAVINGS [DIP] N0.500.00 % AUSTINLAZ [DIP] N2.030.00 % AXA2027S1 N100.000.00 % BAPLC N6.250.00 % BAU2021S1 N100.000.00 % BERGER N17.350.00 % BETAGLAS N59.400.00 % BUA2027S1 N100.000.00 % BUACEMENT N141.000.00 % BUAFOODS N379.900.00 % CADBURY N19.000.00 % CAP N23.500.00 % CAPHOTEL [BLS] N3.020.00 % CAPOIL [MRF] N0.200.00 % CAVERTON N1.600.00 % CHAMPION [BMF] N3.760.00 % CHAMS N2.13-0.08 % CHELLARAM N4.100.00 % CHIPLC N1.090.00 % CIL2028S2 N100.000.00 % CILEASING N3.450.05 % CMB2025S1 N100.000.00 % CONHALLPLC N1.330.00 % CONOIL N90.900.00 % CORNERST N2.200.00 % CSF2025S1 N100.000.00 % CUSTODIAN N9.000.00 % CUTIX N2.750.15 % CWG [BLS] N6.05-0.05 % DAARCOMM [MRF] N0.71-0.07 % DAN2024S1TA N100.000.00 % DAN2026S1TB N100.000.00 % DAN2027S2TA N100.000.00 % DAN2028S1TC N100.000.00 % DAN2029S2TB N100.000.00 % DAN2032S2TC N100.000.00 % DANGCEM N686.700.00 % DANGSUGAR N59.00-2.25 % DCM2025S1 N100.000.00 % DEAPCAP [DWL] N0.720.00 % DIF2029S1TA N100.000.00 % DIF2032S1TB N100.000.00 % DIF2032S2 N100.000.00 % DUNLOP [MRS] N0.200.00 % EKOCORP [BMF] N5.790.00 % ELLAHLAKES N3.190.00 % ENAMELWA N19.300.00 % EPF2026S1 N100.000.00 % ETERNA N15.200.05 % ETI [MRF] N25.251.95 % ETRANZACT [BLS] N5.700.00 % EUNISELL N3.200.00 % FBNH N40.303.30 % FBQ2030S2 N100.000.00 % FCMB N8.40-0.05 % FFFBNBALF N146.140.00 % FFFBNFIF N1234.590.00 % FFFBNMMF N100.000.00 % FFFRONTIER N121.430.00 % FFFSDHCGF N3002.680.00 % FFFSDHCIF N2858.810.00 % FFIONEABMM N100.000.00 % FFIONEVBF N2.150.00 % FFIONEVGIF N1.000.00 % FFLEGYDTFD N3.350.00 % FFLEGYEYFD N1.180.00 % FFLEGYMMFD N100.000.00 % FFLEGYUBFD N1.040.00 % FFSFSFIXED N1.030.00 % FFUNCAPBDF N1.650.00 % FFUNCAPBLF N1.230.00 % FFUNCAPEBF N109.300.00 % FFUNCAPEQF N0.720.00 % FFUNCAPMMF N1.000.00 % FFUNCAPWFF N1.120.00 % FG112034S2 N100.000.00 % FG112034S2 N100.000.00 % FG132026S1 N100.080.00 % FG132026S1 N100.080.00 % FG132036S2 N100.000.00 % FG132036S2 N100.000.00 % FG142027S1 N98.350.00 % FG142027S1 N98.350.00 % FG142037S2 N100.000.00 % FG142037S2 N100.000.00 % FG152025S2 N102.890.00 % FG152025S2 N102.890.00 % FG152028S1 N98.000.00 % FG152028S1 N98.000.00 % FG162029S1 N90.250.00 % FG162029S1 N90.250.00 % FG162049S2 N95.000.00 % FG162049S2 N95.000.00 % FG172035S1 N20.000.00 % FG172035S1 N20.000.00 % FG172045S3 N100.000.00 % FG172045S3 N100.000.00 % FG172050S2 N105.000.00 % FG172050S2 N105.000.00 % FG182032S2 N100.000.00 % FG182042S1 N100.000.00 % FG192033S1 N100.000.00 % FG192038S2 N100.000.00 % FG192053S3 N89.210.00 % FG202031S1 N100.000.00 % FG202034S2 N100.000.00 % FG5B2028S5 N100.000.00 % FG5B2028S5 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S3 N100.000.00 % FG6B2029S5 N100.000.00 % FG6B2029S5 N100.000.00 % FG7B2030S3 N70.500.00 % FG7B2030S3 N70.500.00 % FGB2026S2 N108.000.00 % FGB2026S2 N108.000.00 % FGEUR2025S5 N100.000.00 % FGEUR2027S2 N100.000.00 % FGEUR2028S10 N100.000.00 % FGEUR2029S4 N100.000.00 % FGEUR2030S8 N100.000.00 % FGEUR2031S6 N100.000.00 % FGEUR2032S1 N100.000.00 % FGEUR2033S11 N100.000.00 % FGEUR2038S7 N100.000.00 % FGEUR2047S3 N100.000.00 % FGEUR2049S4 N100.000.00 % FGEUR2051S12 N100.000.00 % FGS202402 N90.020.00 % FGS202404 N71.000.00 % FGS202406 N98.460.00 % FGS202408 N40.050.00 % FGS202415 N100.000.00 % FGS202417 N100.000.00 % FGS202419 N100.000.00 % FGS202421 N70.000.00 % FGS202423 N70.000.00 % FGS202425 N100.000.00 % FGS202427 N80.000.00 % FGS202429 N100.000.00 % FGS202431 N85.000.00 % FGS202491 N80.000.00 % FGS202493 N90.000.00 % FGS202495 N100.000.00 % FGS202497 N93.000.00 % FGS202499 N70.000.00 % FGS202510 N100.000.00 % FGS202512 N60.000.00 % FGS202514 N70.000.00 % FGS202516 N100.630.00 % FGS202518 N100.000.00 % FGS202520 N63.000.00 % FGS202522 N100.000.00 % FGS202524 N100.000.00 % FGS202526 N75.000.00 % FGS202528 N55.000.00 % FGS202530 N60.000.00 % FGS202532 N70.000.00 % FGS202533 N100.000.00 % FGS202535 N95.000.00 % FGS202537 N81.000.00 % FGS202539 N90.000.00 % FGS202541 N100.000.00 % FGS202543 N100.000.00 % FGS202545 N85.000.00 % FGS202547 N100.000.00 % FGS202549 N100.000.00 % FGS202551 N55.000.00 % FGS202553 N100.000.00 % FGS202555 N100.000.00 % FGS202634 N60.000.00 % FGS202636 N100.000.00 % FGS202638 N100.000.00 % FGS202640 N100.000.00 % FGS202642 N100.000.00 % FGS202644 N98.960.00 % FGS202646 N100.000.00 % FGS202648 N50.000.00 % FGS202650 N97.000.00 % FGS202652 N80.000.00 % FGS202654 N100.000.00 % FGS202656 N100.000.00 % FGS202657 N100.000.00 % FGS202659 N100.000.00 % FGS202758 N100.000.00 % FGS202760 N100.000.00 % FGSUK2024S1 N102.000.00 % FGSUK2025S2 N100.008.00 % FGSUK2027S3 N89.990.00 % FGSUK2031S4 N90.000.00 % FGSUK2032S5 N100.000.00 % FGSUK2033S6 N101.001.00 % FHSUK202801 N100.000.00 % FHSUK202902 N100.000.00 % FID2031S1 N100.000.00 % FIDELITYBK N10.500.50 % FIDSON N16.000.00 % FLOURMILL N35.000.00 % FMN2025S3B N100.000.00 % FMN2026S1 N100.000.00 % FTNCOCOA [RST] N1.770.15 % GEREGU N1000.000.00 % GOLDBREW [BLS] N3.150.00 % GOLDINSURE [MRS] N0.200.00 % GREENWETF N989.950.00 % GTCO [MRF] N46.65-1.80 % GUINEAINS N0.37-0.01 % GUINNESS N46.000.00 % HONYFLOUR [BLS] N3.740.00 % IAO2026S1 N100.000.00 % IKEJAHOTEL N7.200.00 % IMG N13.750.00 % INFINITY [BLS] N7.190.00 % INTBREW [BLS] N4.450.06 % INTENEGINS [RST] N1.20-0.02 % JAIZBANK N2.070.06 % JAPAULGOLD N2.100.00 % JBERGER N72.600.00 % JOHNHOLT N1.980.00 % JULI N5.380.00 % KGB2022S2 N100.000.00 % LAB2027T2 N100.000.00 % LAB2027T4 N100.000.00 % LAB2031S4 N99.980.00 % LAB2033S1 N100.000.00 % LASACO N2.000.00 % LASUK2030S2 N100.000.00 % LEARNAFRCA N3.400.00 % LFZ2041S1 N100.000.00 % LFZ2042S2 N100.000.00 % LINKASSURE N0.780.00 % LIVESTOCK N1.700.15 % LIVINGTRUST N3.270.00 % LMS2025S2 N100.000.00 % LOTUSHAL15 N26.000.00 % MANSARD N5.500.40 % MAYBAKER N5.470.37 % MBENEFIT N0.600.00 % MCI2026S1 N100.000.00 % MCNICHOLS N1.17-0.12 % MECURE N9.720.00 % MEDVIEWAIR [BMF] N1.620.00 % MERGROWTH N590.000.00 % MERVALUE N707.500.00 % MEYER N5.600.00 % MORISON N1.410.00 % MRS N135.000.00 % MTNN N247.50-20.30 % MULTITREX [DWL] N0.360.00 % MULTIVERSE N15.300.00 % NAHCO N31.000.00 % NASCON N57.000.00 % NB N29.50-0.30 % NCR N4.320.00 % NEIMETH [BLS] N1.700.00 % NEM N7.300.65 % NESTLE N901.000.00 % NEWGOLD N22001.31-1998.69 % NGXGROUP N24.102.10 % NIDF N114.000.00 % NIGERINS [MRF] N0.200.00 % NMR2027S3 N100.000.00 % NMR2030S1 N100.000.00 % NMR2033S2 N100.000.00 % NNFM N53.650.00 % NOTORE [BLS] N62.500.00 % NOVA2027S1 N100.000.00 % NPFMCRFBK N1.950.00 % NSLTECH N0.600.00 % NSP2031S2 N100.000.00 % NSP2034S1 N100.000.00 % OANDO [MRF] N11.25-0.25 % ODB2027S1 N100.000.00 % OKOMUOIL N243.000.00 % OMATEK [RST] N0.800.00 % PBS2026S1 N100.000.00 % PHARMDEKO [MRF] N1.830.00 % PREMPAINTS [MRF] N10.000.00 % PRESCO N231.500.00 % PRESTIGE [BLS] N0.620.03 % PZ N40.000.00 % RAKUNITY [MRF] N0.300.00 % REDSTAREX N3.380.00 % REGALINS N0.37-0.02 % RESORTSAL [MRF] N0.200.00 % RONCHESS N81.000.00 % ROYALEX N0.860.07 % RTBRISCOE N0.530.03 % SB2024S1TA N100.000.00 % SB2024S1TB N100.000.00 % SCOA N1.960.00 % SEPLAT N3370.000.00 % SFSREIT N101.350.00 % SIAMLETF40 N933.000.00 % SIM2025S2 N100.000.00 % SKYAVN N22.950.00 % SMURFIT [MRF] N0.200.00 % SOVRENINS N0.470.04 % STACO [MRF] N0.480.00 % STANBIC N58.004.05 % STANBICETF30 N500.000.00 % STDINSURE [MRF] N0.200.00 % STERLINGNG N5.050.05 % SUNUASSUR N1.25-0.02 % TAJSUKS1 N99.990.00 % TANTALIZER N0.390.00 % THOMASWY [RST] N1.990.17 % TIP N2.400.00 % TOTAL N346.500.00 % TOURIST [DIP] N2.840.00 % TRANSCOHOT N97.900.00 % TRANSCORP N15.15-0.35 % TRANSEXPR N1.270.00 % TRANSPOWER N383.003.00 % TRIPPLEG N4.130.00 % TSL2030S1 N100.000.00 % UACN N12.600.00 % UBA [MRF] N25.451.15 % UBN [BMF] N6.650.00 % UBN2029S3 N100.000.00 % UCAP [MRF] N22.251.25 % UCAP2025S1 N100.000.00 % UHOMREIT N36.600.00 % UNHOMES [DIP] N3.020.00 % UNILEVER N16.000.00 % UNIONDAC [DIP] N0.280.00 % UNIONDICON [BRS] N8.100.00 % UNITYBNK [MRF] N1.900.10 % UNIVINSURE N0.380.00 % UPDC [BLS] N1.40-0.12 % UPDCREIT N5.500.00 % UPL N2.400.00 % VANLEER [MRF] N5.450.00 % VERITASKAP N0.68-0.01 % VETBANK N9.020.00 % VETGOODS N16.300.00 % VETGRIF30 N38.800.00 % VETINDETF N48.000.00 % VFDGROUP N202.900.00 % VITAFOAM N21.250.00 % VSPBONDETF N180.010.01 % WAPCO N36.000.20 % WAPIC N0.670.00 % WEMABANK N7.800.00 % ZENITHBANK [MRF] N39.00-0.70 %

Listing Requirements

To list on Nigerian Exchange (NGX), your company must meet minimum admission criteria, including structure, size, free float and number of shareholders. The NGX Rule Book sets out the requirements for listing on Nigerian Exchange. The table below provides a summary of the key requirements for listing equity on NGX.  For details of the listing requirements, please refer to the Rulebook of Nigerian Exchange.

Criteria​​​ Growth Board Main Board Premium Board Dual Listing
Entry Standard Standard A Standard B Standard C
Pre-tax profits No requirement No requirement Cumulative pre-tax profits from continuing operations of not less than NGN300 million over the last 3 years, with at least NGN100 million pre-tax profit in 2 of these years Cumulative pre-tax profits from continuing operations of not less than NGN600 million over the last 1 or 2 years No requirement Satisfy main board requirements No specific requirement
Market capitalization Not less than NGN50 million at the time of listing (based on the issue price and issued share capital) Not less than NGN500 million at the time of listing (based on the issue price and issued share capital) No requirement Not less than NGN4 billion at the time of listing (based on the issue price and issued share capital) Market cap equal to or greater than N200 billion, at the date of application. At least N28 billion or equivalent at the time of listing, based on the issue price and issued share capital
Operating track record 2 years minimum operating track record OR; a new business that can provide evidence of investment in it by: A core investor or a strong technical partner that has a minimum of two (2) years’ operating track record, or A majority shareholder who is either a High Net Worth individual or is a director of a listed company 2 years minimum operating track record OR; a new business that can provide evidence of investment in it by: A core investor or a strong technical partner who has a minimum of four (4) years’ operating track record, or A majority shareholder who is a High Net Worth individual 3 years minimum operating track record 3 years minimum operating track record; or evidence of 3 years minimum operating track record of a core investor Score a minimum of 70% under the NGX’s Corporate Governance Ratings System (CGRS) Company must have been in operation for at-least 2 years
Financials 2 years financials (date of last audited accounts must not be more than 9 months); or evidence of a strong technical partner with substantial equity holding and involvement in the Issuers’ management, who has a minimum of 2 years’ operating track record and financial statements 2 years financials (date of last audited accounts must not be more than 9 months); or evidence of a strong technical partner with substantial equity holding and involvement in the Issuers’ management, who has a minimum of 4 years’ operating track record and financial statements 3 years’ financial statements; with the most recent of which must not be more than 9 months old at the time of submission of the listing application 3 years financials (date of last audited accounts must not be more than 9 months); or evidence of a strong technical partner with substantial equity holding and involvement in the Issuers’ management, who has a minimum of 3 years’ operating track record and financial statements Satisfy other main board requirements Minimum of 2 years financials (date of last audited accounts must not be more than 9 months)
Public float The public shall hold a minimum of 10% of each class of equity securities The public shall hold a minimum of 15% of each class of equity securities The public shall hold a minimum of 20% of each class of equity securities Free float greater or equal to N40bn The public shall hold a minimum of 10% of each class of equity securities
Shareholders’ equity No specific requirement No specific requirement Not less than NGN3 billion. No requirement No specific requirement No specific requirement
IPO Lock Up Period Promoters and Directors to retain 5O% of shares for 12 months from the date of listing Promoters and Directors to retain 5O% of shares for 12 months from the date of listing Promoters and Directors to retain 5O% of shares Pre-IPO for 12 months from the date of listing Satisfy main board requirements No specific requirement
Public shareholders The number of the public shareholders shall not be less than 21 (for equity shares The number of the public shareholders shall not be less than 51 (for equity shares The number of the public shareholders shall not be less than 300 (for equity shares) Satisfy main board requirements The number of the public shareholders shall not be less than 51 (for equity shares
Annual listing fees Fixed flat rates as prescribed by the NGX (currently set at a total fee of NGN450 thousand for a new listing (i.e. Application fee for a new or additional listing of NGN250,000(50% Discount on application fees for the first 24months from launch date of the board); and an Annual fee of NGN200,000) Based on market capitalization; subject to a maximum amount as prescribed by the NGX fee schedule (Application fee  for a new or additional listing is 0.1% of value (50% Discount on application fees for the first 24months from launch date of the board) Based on market capitalization; subject to a maximum amount as prescribed by the NGX fee schedule (currently NGN4.2 million) Based on market capitalization; subject to a maximum amount as prescribed by the NGX fee schedule (currently NGN4.2 million) Subject to applicable listing Board fee schedule
Business operations Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act Company must be registered as a Public Limited Liability Company under the provisions of the Companies & Allied Matters Act No requirement for operations in Nigeria
Accounting standard International Financial Reporting Standards (IFRS); in line with SEC regulations
Allotment Securities to be fully paid up at time of allotment in line with SEC requirements for minimum threshold for a successful offer
Continuing obligation requirements of the NGX’s Listing, Disclosure & Transparency Rules Submission of quarterly, semi-annual and annual statements. Annual certification on adherence to corporate governance required. Companies must retain a Designated Adviser for as long as they are listed Submission of quarterly, semi-annual and annual statements. Annual certification on adherence to corporate governance required. Companies must retain a Designated Adviser for as long as they are listed Submission of quarterly, semi— annual and annual statements. Annual certification on adherence to corporate governance required. Submission of quarterly, semi— annual and annual statements. Annual certification on adherence to corporate governance required. Waived from having to comply with continuing listing obligations if listed on another foreign stock exchange with WFE status. Companies require a resident nominated representative for as long as they are listed.
Growth Board

Ideal for small-cap and growth-oriented companies looking to raise capital and promote liquidity in the trading of their shares

Main Board

Our founding board designed for well-established companies with a demonstrable record of accomplishment

Premium Board

The listing segment for the elite group of issuers that meet the Exchange’s most stringent corporate governance and li​sting

A customer centric focus

Maximising the benefits of an NGX listing through active relationship management is at the heart of our retention efforts.

Enjoy the full complement of our Value Added Services. NGX partners with local and international service providers to deliver solutions aimed at creating competitive edge for issuers, and improving investor interest in our market.

Be a part of the NGX Sectoral Dinner, a platform that ensures continuous dialogue with key stakeholders and provides strategic solutions to sectoral issues, for follow up implementation in our capital market advocacy role.

Celebrate your listing and key milestones with the NGX gong ceremony with adequate traditional and digital media coverage from both domestic and international media outlets on our floor.

Share your financial story with the highly engaged audience including, investors, brokers, analysts, fund managers, media, etc.

Total Listed Securities

Total Market Cap

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Primary Market Department​
Nigerian Exchange
  • 2-4 Customs Street, Lagos
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  • Call Center: 0700CALLNSE (07002255673)