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NGX Group Declares N1 Interim Dividend, Sustains Shareholder Value Creation

by Olushola Bello
4 days ago
in Business
Nigerian Exchange Group Plc
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Nigerian Exchange Group Plc has declared an interim dividend of N1.00 per ordinary share of 50 kobo each, 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.

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

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

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Commenting on the announcement, the chairman, NGX Group, Dr Umaru Kwairanga, stated that: “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, noted: that “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.”

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