The Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of 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.
According to a statement released by the Group, 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. The electronic payment of the dividend will be remitted to qualified shareholders on Tuesday, 18 November 2025.
This declaration marks another important milestone in NGX Group’s continuous record of rewarding its shareholders. It highlights the Board’s confidence in the Group’s resilience, profitability, and long-term value-creation strategy despite the evolving dynamics of the market environment.
Speaking on the announcement, the Chairman of NGX Group, Alhaji (Dr.) Umaru Kwairanga, reaffirmed the Board’s confidence in the Group’s solid fundamentals and growth outlook. He stated that the consistent dividend track record reflects NGX Group’s enduring commitment to shareholder value, trust, and sustainability. According to him, “Our focus remains on delivering sustainable returns through disciplined execution and strategic growth, while strengthening investor confidence in our operations and the Nigerian capital market as a whole.”
In a related development, the outgoing President and Chairman of Council of the Institute of Capital Market Registrars (ICMR), Mr. Oluseyi Owoturo, has called on registrars to embrace innovation and efficiency in service delivery to strengthen trust and deepen participation in Nigeria’s capital market.
Speaking at the 14th Annual Conference and Presidential Investiture of the Institute held in Lagos, Owoturo, who is also the Chief Executive Officer of Coronation Registrar Limited, emphasized the importance of technology-driven transformation and forward-thinking strategies in the capital market ecosystem. He explained that the conference theme, “Unlocking Global Value: The Evolving Role of Capital Market Registrars in Trust, Efficiency, and Innovation,” underscores the need for registrars to evolve beyond traditional record-keeping into strategic partners that drive innovation, transparency, and investor engagement.
He further stated that the Institute remains committed to building trust, advancing efficiency through digital innovations, and ensuring adherence to ethical and regulatory standards that foster a resilient and sustainable market.
The developments from both NGX Group and the ICMR highlight a shared vision of a modern, transparent, and efficient Nigerian capital market one that continues to create value for investors while driving the nation’s economic growth.
