September 3, 2026

NGX Revenue Doubles, Declares N1.30 Interim Payout

Nigerian Exchange Group Plc (NGX Group) has declared an interim dividend of N1.30 per share for the six months ended June 30, 2026, after delivering a strong first-half performance.

The company reported revenue of N17.60 billion, up 118 percent from N8.08 billion in the same period of 2025, while total income rose 96 percent to N19.34 billion.

Growth was driven largely by increased market activity, with transaction fees jumping 169 percent to N13.34 billion. Listing fees rose 59 percent to N2.38 billion, while technology income grew 19 percent to N447.86 million.

Operating profit increased by 155 percent to N10.62 billion, reflecting improved efficiency as revenue growth outpaced expenses. The Group also recorded a 130 percent rise in income from equity-accounted investees, supported by strong performance from its subsidiaries.

Profit before tax surged 170 percent to N14.76 billion, while profit after tax climbed 146 percent to N10.36 billion.

Chairman Umaru Kwairanga said the dividend reflects the company’s solid earnings and confidence in its long-term growth, while Group Managing Director Temi Popoola attributed the performance to robust trading activity, increased listings and disciplined execution.

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