Nigerian Exchange Group (NGX Group) Plc has reported its strongest first-half financial performance on record, announcing an interim dividend of ₦1.30 per ordinary share after posting triple-digit growth in revenue and profitability for the six months ended June 30, 2026.
The Group's unaudited financial results released on Monday showed that revenue rose by 118 per cent to ₦17.60bn, up from ₦8.08bn recorded in the corresponding period of 2025. Total income also increased by 96 per cent to ₦19.34bn.
The impressive performance was underpinned by heightened activity in the Nigerian capital market, with transaction fee income soaring 169 per cent to ₦13.34bn from ₦4.96bn a year earlier. Listing fees grew by 59 per cent to ₦2.38bn, while technology income climbed 19 per cent to ₦447.86m.
The Group's operating profit rose sharply by 155 per cent to ₦10.62bn from ₦4.16bn in the first half of last year, reflecting improved operating efficiency and stronger revenue growth.
NGX Group also recorded a significant boost from its equity investments, as its share of profit from equity-accounted investee companies rose by 130 per cent to ₦4.14bn, driven largely by the performance of Central Securities Clearing System Plc.
As a result, profit before tax increased by 170 per cent to ₦14.76bn from ₦5.46bn, while profit after tax jumped by 146 per cent to ₦10.36bn compared with ₦4.22bn in the corresponding period of 2025.
The Group also maintained a solid financial position, with total assets standing at ₦75.87bn as of June 30, 2026, while shareholders' funds increased to ₦60.49bn from ₦55.20bn at the end of December 2025.
Chairman of NGX Group, Alhaji (Dr.) Umaru Kwairanga, said the interim dividend reflected the Board's confidence in the company's financial strength and long-term growth prospects.
He noted that while the Group remained committed to delivering value to shareholders, it would continue to invest in technology, market infrastructure and strategic initiatives aimed at strengthening Nigeria's capital market.
"The Board's approval of an interim dividend of ₦1.30 per share reflects the strength of NGX Group's first-half performance and our confidence in the Group's long-term prospects," he said.
On his part, the Group Managing Director and Chief Executive Officer, Temi Popoola, said the results underscored the resilience and scalability of the company's business model.
According to him, higher transaction volumes, increased listing activity, disciplined cost management and stronger earnings from investee companies combined to deliver exceptional profitability during the review period.
Popoola said NGX Group would sustain its growth strategy by expanding investor participation, deepening market liquidity, accelerating the rollout of technology-enabled products and diversifying its business across the financial market ecosystem.
The company said shareholders whose names appear in its Register of Members on the qualification date would receive the interim dividend of ₦1.30 per ordinary share. It added that the qualification date, register closure and payment date would be announced in line with regulatory requirements.
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