- "Oh believe me, the Nagus has the greatest business mind in the entire Ferengi Alliance, always thinking ten, sometimes twenty steps ahead of everyone else."
The Grand Nagus was the leader of the Ferengi Alliance. He was both the political leader of the species as well as the economic leader. Virtually all decisions that affected the Ferengi required the approval of the Grand Nagus, whose power was supported by the Ferengi Bill of Opportunities and backed by the Board of Liquidators.
The Nagus's offices were located in the Tower of Commerce on Ferenginar, where he presided over the Alliance from the Chamber of Opportunity. Petitioners regularly sought to speak to the Nagus to solicit advice on business ventures and decisions. In doing so, they were required to pay their respects, literally (in a slip of gold-pressed latinum). After doing so, their petition was summarized by the First Clerk before the Nagus reached a decision.
Rom became Grand Nagus in late 2375, succeeding Zek. This came following a series of social reforms, among which was the introduction of the Congress of Economic Advisors, a new legislative body which limited the Nagus' power. (DS9: "The Dogs of War")
List of known Ferengi Grand Nagi
- Zek (until 2369, then again from 2369-2375)
- Quark (2369) (briefly)
- Brunt (2374) (acting)
- Rom (2375 onward)