NGX Declares N1.30 Interim Dividend

Nigerian Exchange (NGX) Group Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30, 2026, following an impressive first-half financial performance driven by stronger market activity and rising investment income. The latest NGX interim dividend reflects the Group’s robust earnings and growing confidence in its long-term outlook.

The company reported that revenue climbed 118 per cent to N17.60 billion, up from N8.08 billion recorded during the same period in 2025. Total income also rose by 96 per cent to N19.34 billion, supported by significant growth across its key business segments.

The biggest boost came from trading activity, with transaction fee income soaring 169 per cent to N13.34 billion, compared with N4.96 billion a year earlier. Listing fees also increased by 59 per cent to N2.38 billion, while technology income grew 19 per cent to N447.86 million.

The strong revenue growth pushed operating profit up 155 per cent to N10.62 billion, while the Group’s share of profit from equity-accounted investees increased 130 per cent to N4.14 billion, largely due to the solid performance of Central Securities Clearing System Plc. As a result, profit before tax reached N14.76 billion, representing a 170 per cent increase, while profit after tax rose 146 per cent to N10.36 billion.

Commenting on the results, Chairman Umaru Kwairanga said the NGX interim dividend demonstrates the company’s financial strength and confidence in its future growth. Group Managing Director and Chief Executive Officer Temi Popoola credited the performance to increased trading activity, more listings and disciplined execution.

Do you think the NGX’s strong first-half performance will encourage more investors to participate in Nigeria’s capital market?