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NGX group declares N1.00 Interim dividend, driven by strong Q3 performance

The Nigerian Exchange Group Plc (NGX Group) has announced a robust N1.00 interim dividend per ordinary share for the third quarter, ended September 30, 2025. This declaration follows the approval of the Group’s unaudited financial statements, which demonstrated solid underlying financial health and profitability.

According to the statement from the group on Thursday, The interim dividend will be paid to all qualifying shareholders whose names appear in the Register of Members as of the close of business on Tuesday, October 29, 2025. The payment is scheduled for Tuesday, November 18, 2025.

The stock exchange platform delivered a strong performance in the third quarter of 2025, reporting a profit before tax of N5.7 billion, a significant 62.4% increase from N3.54 billion recorded in Q3 2024.

For the nine-month period ended September 30 2025, profit before tax rose significantly 79.6% to N11.2 billion from N6.2 billion in 2024, driven by strong revenue growth and effective cost management, according to its unaudited financial statements.

The Group continues its significant investment in modern trading platforms (like X-Gen) and digital solutions (like the e-offering platform, NGX Invest), which has already facilitated the raising of over N2 trillion in capital and boosted retail participation.

The Group Managing Director/Chief Executive Officer, Temi Popoola, highlighted the commitment to stakeholders as being central to every strategic decision.

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“Our commitment to shareholders is at the heart of every strategic decision we make. This interim dividend validates our focus on generating sustainable returns and prudent capital allocation,” Popoola explained.

ThinkBusiness Africa

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