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Home Money Market

NGX Group Approves N1 Interim Dividend for Third Quarter 2025

Stephen Akudike by Stephen Akudike
October 31, 2025
in Money Market
Reading Time: 1 min read
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Nigerian Exchange Group Plc (NGX Group) has approved an interim dividend of N1 per 50 kobo ordinary share for the nine months ended September 30, 2025, following the board’s review of the company’s unaudited financial results.

The resolution was passed during a board meeting on October 29, 2025, the company disclosed in a regulatory filing on Friday.

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The payout continues NGX Group’s tradition of regular shareholder returns, signaling sustained profitability and strategic progress amid evolving market conditions.

Alhaji Umaru Kwairanga, NGX Group Chairman, described the decision as evidence of the company’s robust foundation and future prospects.

“This interim dividend reflects the board’s firm belief in our operational strength and growth trajectory,” he said. “Our consistent dividend policy demonstrates our dedication to enhancing shareholder wealth through disciplined performance and long-term value creation.”

Temi Popoola, Group Managing Director and Chief Executive Officer, emphasized the financial prudence behind the declaration.

“Every major decision prioritizes our investors,” Popoola stated. “This dividend underscores our profitability, capital efficiency, and focus on sustainable growth. We remain committed to expanding opportunities within our platform and solidifying NGX Group’s role as a leading force in African capital markets.”

Shareholders registered by the close of business on November 7, 2025, will receive the dividend electronically on November 18, 2025.

Earlier reports indicate the Nigerian equities market recorded a N22.14 trillion increase in capitalization during the first half of 2025, driven by improved investor sentiment and strong corporate earnings.

Tags: NGX
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