{"id":9297,"date":"2026-07-28T13:07:44","date_gmt":"2026-07-28T13:07:44","guid":{"rendered":"https:\/\/ograsset.com\/?p=9297"},"modified":"2026-07-28T13:07:45","modified_gmt":"2026-07-28T13:07:45","slug":"ngx-group-posts-record-h1-declares-n1-30-interim-dividend","status":"publish","type":"post","link":"https:\/\/ograsset.com\/index.php\/2026\/07\/28\/ngx-group-posts-record-h1-declares-n1-30-interim-dividend\/","title":{"rendered":"NGX Group posts record H1, declares N1.30 interim dividend"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"480\" height=\"480\" src=\"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888.png\" alt=\"\" class=\"wp-image-9298\" srcset=\"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888.png 480w, https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888-300x300.png 300w, https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888-150x150.png 150w, https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888-400x400.png 400w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NGX Group posts record H1, declares N1.30 interim dividend<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nigerian Exchange Group Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended 30 June 2026, following a record first-half financial performance driven by strong market activity, operating leverage, and an increased contribution from investee companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The declared dividend reflects the quality of the Group\u2019s earnings, improved cash generation, and<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">the Board\u2019s confidence in the sustainability of NGX Group\u2019s growth trajectory, while preserving<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">capacity for continued investment in technology, market development, and strategic opportunities across the capital market value chain.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Commenting on the financial results and dividend declaration, Group Chairman of NGX Group, Umaru Kwairanga, said, \u201cThe Board\u2019s approval of an interim dividend of N1.30 per share reflects the strength of NGX Group\u2019s first-half performance and our confidence in the Group\u2019s long-term prospects. We are encouraged by the significant growth recorded across the business and by the increasing contribution of companies within the Group\u2019s investment portfolio.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe Board remains committed to balancing attractive returns to shareholders with continued investment in the infrastructure, technology and strategic initiatives required to deepen Nigeria\u2019s capital market and position NGX Group for sustainable growth.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similarly, the Group Managing Director and Chief Executive Officer of NGX Group, Temi Popoola, noted, \u201cOur first-half results demonstrate the strength and scalability of NGX Group\u2019s business model. Revenue growth was supported by significantly higher transaction activity, increased listing income and stronger contributions from our investee companies, while disciplined execution enabled us to translate this growth into substantially improved profitability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe remain focused on sustaining this momentum by deepening market liquidity, expanding investor participation, accelerating the development of technology-enabled products and building a more diversified financial market infrastructure group. The N1.30 interim dividend reflects both the progress made and our confidence in the Group\u2019s capacity to deliver sustainable long-term value.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shareholders whose names appear in the Register of Members on the applicable qualification date will be entitled to receive the interim payout, with the qualification date, closure period, and payment date to be communicated in accordance with the approved corporate action timetable and applicable regulatory requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NGX Group recorded a 118 per cent surge in revenue to N17.60bn in the first half of 2026, compared to N8.08bn in the corresponding period of 2025, while total income grew 96 per cent to N19.34bn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The strong overall performance was driven principally by heightened market activity, which saw transaction fees rise 169 per cent to N13.34bn from N4.96bn. Additionally, listing fees increased by 59 per cent to N2.38bn, and technology income rose 19 per cent to N447.86m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Operating profit for the period expanded by 155 per cent to N10.62bn, up from N4.16bn in H1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2025, reflecting strong operating leverage as top-line growth significantly outpaced the increase in operating expenses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Group also recorded a 130 per cent rise in its share of profit from equity-accounted investees to N4.14bn, propelled primarily by the performance of Central Securities Clearing System Plc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consequently, profit before tax surged 170 per cent to N14.76bn from N5.46bn in H1 2025, while profit after tax jumped 146 per cent to N10.36bn from N4.22bn in the prior-year period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Group maintained a robust balance sheet, with total assets growing to N75.87bn as of 30 June<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2026, and shareholders\u2019 equity increasing to N60.49bn from N55.20bn at the end of 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/punchng.com\/ngx-group-posts-record-h1-declares-n1-30-interim-dividend\/\">https:\/\/punchng.com\/ngx-group-posts-record-h1-declares-n1-30-interim-dividend\/<\/a><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NGX Group posts record H1, declares N1.30 interim dividend Nigerian Exchange Group Plc has announced an interim dividend of N1.30 per ordinary share for the six months ended 30 June 2026, following a record first-half financial performance driven by strong market activity, operating leverage, and an increased contribution from investee companies. The declared dividend reflects&#8230; <\/p>\n<div class=\"clear\"><\/div>\n<p><a href=\"https:\/\/ograsset.com\/index.php\/2026\/07\/28\/ngx-group-posts-record-h1-declares-n1-30-interim-dividend\/\" class=\"excerpt-read-more\">Read More \u2192<\/a><\/p>\n","protected":false},"author":2,"featured_media":9298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-9297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fit-row"],"jetpack_featured_media_url":"https:\/\/ograsset.com\/wp-content\/uploads\/2026\/07\/July-288888.png","_links":{"self":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/9297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/comments?post=9297"}],"version-history":[{"count":2,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/9297\/revisions"}],"predecessor-version":[{"id":9300,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/posts\/9297\/revisions\/9300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/media\/9298"}],"wp:attachment":[{"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/media?parent=9297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/categories?post=9297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ograsset.com\/index.php\/wp-json\/wp\/v2\/tags?post=9297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}