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NGX reports N15.6bn pre-tax profit

Up from N13.6 billion recorded in 2024.

Credible News by Credible News
February 27, 2026
in Development, Economy, News
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NGX Chairman, Umaru Kwairanga

NGX Chairman, Umaru Kwairanga

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Nigerian Exchange Group Plc, NGX Group, has reported a profit before tax of N15.6 billion for the fiscal year ended Dec. 31, 2025, up from N13.6 billion recorded in 2024.

The group disclosed this in its audited financial results released on Friday in Lagos and signed by its Acting Company Secretary, Mr Izuchukwu Akpa.

It said the performance underscored strong earnings resilience despite a challenging macroeconomic environment.

Operating profit rose by 44.4 per cent to N11.8 billion, while core revenue grew by 36 per cent to N22.9 billion from N16.9 billion in the previous year.

According to the group, revenue growth was driven by expansion across its core business segments, deeper customer penetration and increased investor participation, supported by improving market confidence.

NGX Group also recorded a 67 per cent reduction in finance costs, attributed to balance sheet deleveraging, alongside a year-on-year decline in total expenses. Earnings per share stood at N4.75 for the period.

On its financial position, total assets increased to N71.0 billion from N68 billion in 2024, while shareholders’ equity rose to N55.2 billion, reflecting improved retained earnings and a stronger capital base.

Also Read: NGX, investors sheds N1.14tn after MPC verdict

The Board of Directors, which approved the results on Feb. 24, announced a final dividend of N2.00 per ordinary share, bringing the total dividend for the 2025 budget year to N3.00 per share, a 50 per cent increase over the previous year.

The board also approved a bonus issue of one new ordinary share for every three shares held, with a qualification date of April 10.

The group said the dividend increase and bonus issue highlight its commitment to enhancing shareholder value while retaining sufficient capital to support future growth.

Commenting on the results, NGX Group Chairman, Dr Umaru Kwairanga, said the performance reflects the resilience of the group’s business model and 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 built in 2025 will be sustained, given investor confidence and a pipeline of new listings expected to broaden and deepen the market,” he said.

Also commenting, the group Chief Executive Officer, Mr Temi Popoola, said the Group delivered strong top-line growth and enhanced profitability despite macroeconomic headwinds.

“Our 36 per cent core revenue growth, improved operating efficiency and successful deleveraging have strengthened our capital base and financial flexibility, supporting the increased dividend and bonus issuance.

“As regulatory standards evolve, including the recent upward review of minimum capital requirements by the Securities and Exchange Commission, our robust balance sheet positions us to meet new thresholds seamlessly.

“This is as we continue to invest in liquidity expansion, product innovation and market infrastructure to build a resilient, globally competitive exchange group,” he said.

With improved liquidity, a stronger capital base and diversified revenue streams, NGX Group said it remained well positioned to sustain growth and deliver long-term value to shareholders and stakeholders.

NAN

 

Tags: Dr Umaru KwairangaNigerian Exchange Group Plc
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