Profit soars to N15.6bn as NGX Group announces cash, bonus payout

By Chukwuma Umeorah

Nigerian Exchange Group Plc (NGX Group) has posted a profit before tax of N15.6 billion for the year ended 31 December 2025, representing a 14.7 per cent increase from N13.6 billion recorded in 2024. The Group also declared a total dividend of N3.00 per share and approved a 1-for-3 bonus share issue for shareholders with a qualification date set for 10 April 2026.

The Group attributed the performance to growth across core business segments, improved customer penetration, rising investor confidence, and reduced finance costs, which fell by 67 per cent after deleveraging the balance sheet. Core revenue rose 36 per cent to N22.9 billion, while operating profit increased 44.4 per cent to N11.8 billion. Earnings per share stood at N4.75, supported by a year-on-year reduction in total expenses.

Total assets at the end of the year increased to N71.0 billion, while shareholders’ equity strengthened to N55.2 billion, reflecting a conservative capital structure and strong retained earnings growth. The combined dividend increase and bonus issue were described by the Group as a reflection of balanced capital allocation that rewards shareholders while maintaining financial flexibility to support strategic growth initiatives.

Commenting on the results, Group Chairman, Umaru Kwairanga said “the performance demonstrated the resilience of NGX Group’s business model and the effectiveness of disciplined strategic execution.” He noted that strong revenue growth, improved operating margins, and a strengthened balance sheet reinforced the Group’s commitment to delivering sustainable long-term shareholder value. The increased dividend and bonus issue, he added, reflected the Board’s confidence in the sustainability of earnings and the robustness of the capital position. Group Managing Director and Chief Executive Officer, Temi Popoola, said “the company delivered strong top-line growth and enhanced profitability despite macroeconomic headwinds.” He highlighted the 36 per cent core revenue growth, improved operating efficiency, and successful deleveraging as factors that strengthened the Group’s capital base and financial flexibility.

Popoola also said the robust balance sheet positions NGX Group to meet evolving regulatory standards, including the upward revision of minimum capital requirements by the Securities and Exchange Commission, while continuing to invest in liquidity expansion, product innovation, and market infrastructure.