Friday, November 21, 2025
26.5 C
Lagos

NGX Group Declares ₦1.00 Interim Dividend, Sustains Track Record of Shareholder Value Creation

Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of ₦1.00 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.

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

Commenting on the announcement, the Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga, stated: “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: “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.”

NGX Group will continue to demonstrate its commitment to transparent governance, financial discipline, and sustainable value creation.

 

 

spot_img
spot_img
spot_img

Hot this week

Unity Bank MD Tasks Youths on Savings Culture at World Savings Day

Mr. William Odigie in a photo session with some...

The Emirates A350 Makes Flypast Debut at 2025 Dubai Airshow

  Making its first-ever appearance in aerial formation, the Emirates...

Fidelity Bank Boosts Gymnastics Dev with Gymfest Championship 2.0 Sponsorship

L-R: Head Coach, Tee Tumblers Gymnastics Club & Lagos...

Cancer Care: Polaris Bank Celebrates with C.O.P.E on 30 Years of Hope, Impact, Partnership

L-R: Bukola Oluyadi, GH, Customer Expweience & Value management,...

Topics

Union Bank Sponsors Mathematics Competition for Hearing Impaired Students

Union Bank of Nigeria, through UnionCares, an arm of...

Fidelity Bank Debunks Online Video Alleging Violence Against Customer

Fidelity Bank Plc has strongly debunked a video circulating...

WEF Convenes Global Business for COVID Action Platform

The dramatic spread of COVID-19 has disrupted lives, livelihoods,...

AMCON CEO Congratulates Retired Staff

Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria...

Union Bank Reports Unaudited PBT of N9.1bn

Union Bank of Nigeria Plc has announced its unaudited...

NIMC Trains Corps Members for Nationwide NIN Ward Enrolment

The National Identity Management Commission (NIMC), in partnership with...

New NEXIM MD, Abubakar Bello, Assumes Office

The new Managing Director of the Nigeria Export-Import Bank (NEXIM), Mr...

Steering Growth: Developments Behind Partner Success in the Channel Ecosystem 

  By Emmanuel Asika Country Head HP Nigeria  Over time, we have seen...
spot_img

Related Articles

Popular Categories

spot_imgspot_img