Nigerian Exchange Group Plc (NGX Group) has approved an interim dividend of N1.00 per 50-kobo ordinary share, rewarding investors after a strong third-quarter performance through September 30, 2025.
The payout, cleared by the board following review of unaudited results, will reach shareholders registered by market close on November 7, 2025. Electronic transfers are scheduled for November 18, 2025.
The move extends NGX Group’s unbroken streak of dividend distributions, signaling robust health and strategic focus on shareholder wealth.
Leadership Confidence
Board Chairman Alhaji Umaru Kwairanga described the dividend as proof of enduring strength. “This step highlights our solid foundation and optimistic future,” he said. “We honor investor loyalty with steady returns, achieved through disciplined growth and execution.”
Group CEO Temi Popoola added that every major decision prioritizes stakeholders. “Strong finances, profitability, and smart resource use drive this reward,” he noted. “We’re expanding our platform to generate lasting gains and cement NGX Group’s leadership in African capital markets.”
Separate Call for Registrar Modernization
In related industry developments, outgoing Institute of Capital Market Registrars (ICMR) President Oluseyi Owoturo urged registrars to adopt technology and innovative practices to build market confidence.
At the institute’s 14th annual conference in Lagos—titled *Unlocking Global Value: The Evolving Role of Capital Market Registrars in Trust, Efficiency and Innovation*—Owoturo, who heads Coronation Registrar Limited, said registrars must evolve beyond record-keeping into active enablers of transparency and investor access.
“Digital tools and ethical compliance are essential to sustain a vibrant, inclusive market,” he told attendees.
The event concluded with Catherine Nwosu installed as ICMR’s fourth president, alongside induction of new fellows and associates.
NGX Group reaffirmed its dedication to governance transparency, fiscal responsibility, and long-term investor value.
