Nigeria’s Capital Market Infrastructure Sector Records Exceptional Growth in 2024

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Nigeria’s capital market infrastructure sector posted a stellar 2024, with all four major players FMDQ Group, CSCS Plc, NGX Group Plc, and NASD Plc delivering double and triple-digit growth in revenue and profits.

Collectively, they generated N102.64 billion in revenue, up 61.9% year-on-year, while pre-tax profits surged 64.2% to N51.24 billion.

Yet beneath the strong sector-wide performance, each company carved out its own winning storyline from market dominance to rapid growth and dramatic turnarounds.

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