Nigerian Exchange Group (NGX Group) has delivered its strongest first-half financial performance on record, reporting remarkable growth across key financial indicators and rewarding shareholders with an interim dividend of ₦1.30 per ordinary share for the six months ended June 30, 2026. The impressive results underscore the Group’s strong financial position and growing influence within Nigeria’s capital market, while reinforcing investor confidence in its long-term growth strategy.
The Group’s financial report showed that revenue more than doubled, climbing 118 percent to ₦17.60 billion from ₦8.08 billion recorded during the same period in 2025. Total income also rose significantly by 96 percent to ₦19.34 billion, fueled largely by increased trading activity on the Nigerian Exchange. Transaction fees surged 169 percent to ₦13.34 billion, while listing fees increased by 59 percent to ₦2.38 billion. Technology income also continued its upward trend, growing by 19 percent to ₦447.86 million, reflecting the Group’s ongoing investment in digital market infrastructure.
NGX Group also recorded exceptional profitability during the period, with operating profit jumping 155 percent to ₦10.62 billion, as revenue growth outpaced operating expenses. Profit before tax soared 170 percent to ₦14.76 billion, while profit after tax climbed 146 percent to ₦10.36 billion, compared to ₦4.22 billion recorded a year earlier. The company further benefited from a 130 percent increase in earnings from equity-accounted investee companies, largely driven by the outstanding performance of Central Securities Clearing System (CSCS) Plc. Meanwhile, total assets expanded to ₦75.87 billion, and shareholders’ equity strengthened to ₦60.49 billion, highlighting the Group’s solid financial foundation.
Chairman of NGX Group, Alhaji (Dr.) Umaru Kwairanga, described the interim dividend as a reflection of the company’s strong earnings quality, healthy cash generation, and confidence in its future. He noted that the Board remains committed to delivering value to shareholders while continuing strategic investments in technology, innovation, and market infrastructure to deepen Nigeria’s capital market. Group Managing Director and Chief Executive Officer, Temi Popoola, added that the results demonstrate the scalability of NGX Group’s business model, emphasizing that stronger market activity, increased listing income, and disciplined execution were key drivers behind the record-breaking performance.
The company said shareholders whose names appear in the Register of Members on the qualification date will be eligible to receive the ₦1.30 interim dividend, with the qualification date, closure period, and payment schedule to be announced in line with regulatory requirements. As investor participation continues to strengthen and capital market activity accelerates, NGX Group believes it is well-positioned to sustain its growth momentum through technology-driven innovation, deeper market liquidity, and expanded investment opportunities, setting the stage for another strong performance in the second half of the year.
source: The guardian
