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NGX Group declares N1 interim dividend

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

This is following the approval of its unaudited financial statements for the third quarter ended Sept. 30, 2025.

The NGX Group in a statement on Thursday, said that the decision was reached at the meeting of the company’s Board of Directors.

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

The Group described the declaration as another milestone in its consistent dividend payment history.

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

Commenting on the announcement, the Chairman of the NGX Group, Dr 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.

Taiye Olayemi

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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