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Friday, October 31, 2025

NGX Group declares N1 interim dividend

The Nigerian Exchange Group Plc has declared an interim dividend of N1.00 per ordinary share of 50 kobo each.

• October 31, 2025
Nigeria Exchange (NGX)
Nigeria Exchange (NGX)

The Nigerian Exchange Group Plc has declared an interim dividend of N1.00 per ordinary share of 50 kobo each.

This follows the approval of its unaudited financial statements for the third quarter ended September 30, 2025.

The NGX Group announced in a statement on Thursday that the decision was made at its board of directors’ meeting.

The interim dividend will be paid to shareholders whose names appear in the Register of Members as of the close of business on Friday, November 7, 2025. Electronic payment will be made on November 18, 2025.

The group described the declaration as another milestone in its consistent history of dividend payments.

According to the company, this reflects the board’s confidence in NGX Group’s profitability, resilience, and commitment to creating shareholder value.

Commenting on the announcement, the chairman of the NGX Group, Umaru Kwairanga, said, “The declaration of this interim dividend reaffirms the Board’s confidence in NGX Group’s solid fundamentals and long-term growth outlook.

“We have maintained a consistent dividend track record that reflects our unwavering commitment to shareholder value.

“This payment recognises our investors’ trust and remains focused on reciprocating that trust through consistent value addition to its shareholders. Our focus remains on delivering sustainable returns through disciplined execution and strategic growth.”

Also, the group managing director of the NGX Group, Temi Popoola, said, “Our commitment to shareholders is at the heart of every strategic decision we make. This dividend reflects the Group’s strong financial discipline, consistent profitability, and prudent capital allocation.

“As we advance our growth agenda, we will continue to unlock opportunities across our ecosystem, creating measurable value for our investors and reinforcing NGX Group’s position as a trusted driver of capital market prosperity in Africa.”

NGX Group will continue to demonstrate its commitment to transparent governance, financial discipline, and sustainable value creation.

(NAN)

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