RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
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
A A
0
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

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.

AlsoRead

Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover 

Naira Strengthens as FX Turnover Hits Record $1.5 Billion in a Single Day

Naira Strengthens to N1,375/$ in Official Market Amid Improved Trading Conditions

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
Previous Post

Nigeria’s Broad Money Supply Shrinks 1.6% to N117.8 Trillion in September

Next Post

House Launches Probe into Excessive Tax Deductions and Bank Fees on Nigerians

Related News

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover 

by Jide Omodele
July 28, 2026
0

Nigeria’s foreign exchange market recorded its highest weekly turnover of 2026, with total transactions in the FX Spot and Derivatives...

NEC Affirms CBN $3 Billion Loan for Naira Stability

Naira Strengthens as FX Turnover Hits Record $1.5 Billion in a Single Day

by Stephen Akudike
July 24, 2026
0

The Nigerian naira posted gains against the US dollar on Tuesday, July 21, 2026, as the foreign exchange market recorded...

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Strengthens to N1,375/$ in Official Market Amid Improved Trading Conditions

by Jide Omodele
July 22, 2026
0

The naira appreciated against the US dollar on Tuesday, July 21, 2026, closing at N1,375.3083 per dollar in the official...

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Repays N2.97 Trillion in Maturing OMO Bills After Raising N2.54 Trillion in Fresh Auction

by Jide Omodele
July 15, 2026
0

The Central Bank of Nigeria (CBN) repaid N2.97 trillion in Open Market Operations (OMO) bills that matured on Tuesday, July...

Next Post

House Launches Probe into Excessive Tax Deductions and Bank Fees on Nigerians

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

Cash Outside Banks Falls by N486 Billion to Seven-Month Low

July 28, 2026
FG Secures $1.95 Billion in World Bank Loans Amidst Debt Concerns

Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

July 28, 2026

Popular Story

  • CBN Allows Oil Companies to Resume Dollar Sales to Banks in Effort to Boost Supply.

    Cash Outside Banks Falls by N486 Billion to Seven-Month Low

    0 shares
    Share 0 Tweet 0
  • Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover 

    0 shares
    Share 0 Tweet 0
  • Nigerian Issuers Pay Up to 20% to Raise Debt in First Half of 2026

    0 shares
    Share 0 Tweet 0
  • 31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • First HoldCo Assures Shareholders of Dividend Resumption by End of 2026

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>