The Nigerian Exchange Group Plc, NGX, has announced the declaration of an interim dividend of ₦1.00 per ordinary share, marking another chapter in the organisation’s consistent track record of rewarding shareholders.
The declaration followed the approval of the Group’s unaudited financial results for the third quarter of 2025, signalling confidence in its financial performance and operational resilience despite market volatility.
According to the company’s statement, released after a meeting of its Board of Directors, shareholders whose names appear in the Register of Members by the close of business on November 7, 2025, will be eligible to receive the dividend. Electronic payments are scheduled to commence on November 18, 2025.
The NGX Group emphasised that this continued commitment to dividend payouts underscores its long-standing dedication to shareholder value creation and its strategic drive for sustainable growth.
Chairman of the NGX Group, Dr Umaru Kwairanga, described the interim dividend as further proof of the company’s solid fundamentals and the board’s optimism about its long-term trajectory.
He highlighted the organisation’s consistent dividend history as a reflection of disciplined management practices and a sustained focus on building investor confidence.
Kwairanga reiterated that the Board remains committed to delivering value, saying that each payout acknowledges the trust investors place in the Group’s leadership and strategic direction.
Supporting this position, the Group Managing Director, Temi Popoola, noted that shareholder interests remain at the centre of NGX Group’s decision-making process.
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He explained that the interim dividend demonstrates not only financial discipline but also consistent profitability and effective capital utilisation.
Popoola added that the Group is actively unlocking new opportunities across its market ecosystem to expand its impact and maintain its leadership position within Africa’s capital markets.
He emphasised that the NGX Group aims to reinforce its role as a key facilitator of economic growth by driving market innovation, fostering investor participation, and advancing financial inclusion.
The organisation continues to prioritise transparent corporate governance and strategic execution to ensure that value creation is sustained over the long term.
The announcement of the interim dividend comes at a time when market stakeholders are closely monitoring corporate performance across sectors.
NGX Group’s decision signals confidence in both its internal performance and the broader stability of Nigeria’s investment climate.
As the Group advances its growth agenda, investors are expected to benefit from continued strategic expansion, improved earnings prospects, and strengthened market leadership.
Through this dividend declaration, the NGX Group reaffirms its commitment to financial integrity and its role as a major driver of capital market prosperity across the continent.
