NGX Group Posts Double-Digit Growth, Boosts Dividend

NGX Group Posts Double-Digit Growth, Boosts Dividend

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247GistMan in Business & Making Money February 28, 2026, 4:20 am

NGX Group delivered 36% revenue growth to ₦22.9bn in FY 2025, with operating profit rising 44.4% to ₦11.8bn. Profit Before Tax climbed to ₦15.6bn, supported by strong investor activity and cost discipline. The Group strengthened its balance sheet, with total assets growing to ₦71bn and shareholders' equity to ₦55.2bn. Finance costs fell 67% due to deleveraging, enabling a 50% dividend increase to ₦3.00 per share and a 1-for-3 bonus share issue. Chairman Umaru Kwairanga stated the results reflect resilient earnings and a robust capital base, positioning NGX to meet SEC capital requirements while investing in market infrastructure.


SOURCE: https://nairametrics.com/2026/02/28/ngx-group-reports-%e2%82%a615-6-billion-fy-2025-profit-declares-%e2%82%a63-00-fy-dividend-and-1-for-3-bonus-issue/


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