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Business

NGX Group increases cash payouts by 50% as profit rises

The board of Nigerian Exchange Group (NGX Group) Plc at the weekend announced a 50 per cent increase in cash dividend payouts after the stock market infrastructure holding group recorded

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March 2, 2026byThe Nation
3 min read

The board of Nigerian Exchange Group (NGX Group) Plc at the weekend announced a 50 per cent increase in cash dividend payouts after the stock market infrastructure holding group recorded significant improvements in profitability.

Directors of the NGX Group also approved a bonus issue of one bonus share for every three shares held, more than 33 per cent increase in shareholdings of all existing investors in the company as at close of business on April 10, 2026. 

The board approved a final cash dividend of N2 per share, bringing total dividend for 2025 to N3 per share, a 50 per cent increase on payment for the 2024 business year.

Key extracts of the audited report and accounts of NGX Group for the year ended December 31, 2025 released at the weekend showed revenue rose by 36 per cent from N16.9 billion in 2024 to N22.9 billion in 2025. Operating profit increased by 44.4 per cent to N11.8 billion. Profit before tax rose from N13.6 billion in 2024 to N15.6 billion in 2025. Earnings per share improved to N4.75.

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Total assets increased from N68 billion to N71 billion while shareholders’ funds rose to N55.2 billion.

Group Chairman, Nigerian Exchange Group (NGX Group) Plc, Dr. Umaru Kwairanga said the combined dividend increase and bonus issue reflected balanced capital allocation, rewarding shareholders while maintaining financial flexibility to support strategic growth initiatives.

According to him, the improved debt-to-equity position of the group showed a conservative capital structure, enhanced solvency profile, and strong retained earnings growth.

He explained that revenue expansion was driven by sustained growth across core business segments, improved customer penetration on the back of increased investor activity and rising investor confidence.

He said: “Our 2025 performance demonstrates the resilience of our business model and the effectiveness of disciplined strategic execution. Strong revenue growth, improved operating margins and a strengthened balance sheet reinforce our commitment to delivering sustainable long-term shareholder value.

“The increased dividend and bonus issue reflect the board’s confidence in the sustainability of our earnings and the robustness of our capital position as we continue to deepen Nigeria’s capital markets. We are confident that the momentum that we have built in 2025 will be sustained given investor confidence in the Nigerian capital market and a pipeline of exciting new listings that will broaden and deepen the market”.

Group Managing Director, Nigerian Exchange Group (NGX Group) Plc, Mr. Temi Popoola, said the group delivered strong top-line growth and enhanced profitability in 2025 as seen in core revenue growth, improved operating efficiency and successful deleveraging.

“As regulatory standards evolve, including the recent upward review of minimum capital requirements by the Securities and Exchange Commission (SEC), our robust balance sheet positions us to meet new thresholds seamlessly while continuing to invest in liquidity expansion, product innovation and market infrastructure to build a resilient, globally competitive exchange group,” Popoola said.

He added that with improved liquidity, a strengthened capital base, and diversified revenue streams, NGX Group remains well positioned to sustain its growth trajectory and deliver long-term value to shareholders and stakeholders alike.

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