back to top

NGX Group Sustains Track Record of Shareholder Value Creation, Declares ₦1.00 Interim Dividend

NGX Group Sustains Track Record of Shareholder Value Creation, Declares ₦1.00 Interim Dividend

Date:

Nigerian Exchange Group Plc has declared an interim dividend of ₦1.00 per ordinary share following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors held on Wednesday, 29 October 2025.

The interim dividend will be paid to shareholders whose names appear in the register of members as at the close of business on Friday, November 7, 2025, while payment will be remitted electronically to qualified shareholders on Tuesday, November 18, 2025.

This declaration marks another milestone in NGX Group’s history of consistent dividend payments, underscoring the Board’s confidence in the Group’s resilience, profitability, and value-creation strategy.

Commenting on the announcement, the Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga, stated: “The declaration of this interim dividend reaffirms the Board’s confidence in NGX 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 to its shareholders. Our focus remains on delivering sustainable returns through disciplined execution and strategic growth.”

In his remarks, the Group Managing Director/Chief Executive Officer, NGX Group, Temi Popoola, said: “Our commitment to shareholders is at the heart of every strategic decision we make. This dividend reflects the Group’s strong financial discipline, consistent profitability, and prudent capital allocation. 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”.

 

He added that NGX Group will continue to demonstrate its commitment to transparent governance, financial discipline, and sustainable value creation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

WTEC Unveils Plans for Women in Technology

The Women’s Technology Empowerment Centre (WTEC) says it is...

Investors Exchange 1.68bn Shares Worth N109.4bn on Nigerian Exchange

Investors on the Nigerian Exchange Ltd. on Wednesday transacted...

Customs, NDLEA Frustrate Attempt to Smuggle N16.6bn Worth of Cannabis into Nigeria

A joint operation of the Nigeria Customs Service (NCS),...

Google Unveils New AI-Powered Features on Android Phones to Transform Users’ Experience

An American multinational technology corporation,  Google, has unveiled a...