The Nigerian Exchange Group Plc (NGX) has declared an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended September 30, 2025.
The decision was made during a Board of Directors meeting held on October 29, 2025, and highlights NGX’s continued commitment to consistent dividend payments and shareholder value creation.
Board Signals Confidence in NGX’s Growth
Chairman, Umaru Kwairanga, described the dividend as a reaffirmation of the Board’s confidence in the 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,” he said.
NGX Group Managing Director/CEO, Temi Popoola, added that the dividend reflects the Group’s strong financial discipline, consistent profitability, and prudent capital allocation, stressing that strategic decisions are always aligned with shareholder interests.
Dividend Payment Details
The interim dividend will be paid to shareholders registered by the close of business on Friday, November 7, 2025, with electronic payments scheduled for Tuesday, November 18, 2025.
Strong Market Performance
The declaration comes after NGX recorded robust growth in market capitalisation, rising from N62.92 trillion on January 2, 2025, to N85.46 trillion by July 28, 2025, representing a 35.78% increase. The All-Share Index delivered a 31.02% year-to-date return, reflecting investor confidence amid positive macroeconomic conditions.
NGX Group Plc, the successor to the Nigerian Stock Exchange (NSE) following its demutualisation in March 2021, continues to operate across Nigeria’s financial market ecosystem, emphasizing transparent governance, disciplined execution, and sustainable value creation.
“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,” Popoola added.
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