Shareholders to benefit from consistent payouts as Board signals confidence in long-term strategy and market leadership…
Nigerian Exchange Group Plc (NGX Group) has announced 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 declaration was made during a recent meeting of the Group’s Board of Directors.
The interim dividend will be payable to shareholders listed in the Register of Members as at the close of business on Friday, 7 November 2025, with electronic transfers scheduled for Tuesday, 18 November 2025.
This move continues NGX Group’s track record of consistent dividend payments, underlining the Board’s confidence in the Group’s financial resilience, profitability, and value-creation strategy.
“The declaration of this interim dividend reaffirms the Board’s confidence in NGX Group’s strong fundamentals and long-term growth outlook,” said Umaru Kwairanga, Chairman of NGX Group.
“We remain committed to delivering shareholder value through consistent dividends, reflecting the trust our investors place in us and our focus on disciplined execution and strategic growth.”
Temi Popoola, Group Managing Director and Chief Executive Officer, highlighted the Group’s focus on sustainable returns and capital market development:
“Our commitment to shareholders guides every decision we make. This dividend reflects our financial discipline and prudent capital allocation. As we continue to advance our growth agenda, we aim to unlock opportunities across our ecosystem and reinforce NGX Group as a trusted driver of capital market prosperity in Africa.”
ICMR Conference Highlights Role of Registrars in Market Growth
At the 14th Annual Conference and Presidential Investiture of the Institute of Capital Market Registrars (ICMR) in Lagos, outgoing President Oluseyi Owoturo encouraged registrars to embrace innovation and efficiency in service delivery to build trust and deepen market participation.
“Registrars must evolve from traditional record-keepers to strategic partners shaping the future of Nigeria’s capital market,” Owoturo said.
The conference, themed “Unlocking Global Value: The Evolving Role of Capital Market Registrars in Trust, Efficiency and Innovation”, also marked the investiture of Mrs. Catherine Nwosu as the 4th President and Chairman of Council of ICMR, alongside the induction of new fellows and associates.
The event emphasized digital innovation, transparency, and investor engagement as critical elements for a resilient and sustainable capital market.
NGX Group continues to demonstrate its commitment to transparent governance, financial discipline, and consistent value creation, ensuring shareholders benefit from the Group’s strong performance.
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