Nigerian Exchange Group Plc (NGX Group) has reported a Profit Before Tax of ₦15.6 billion for the financial year ended 31 December 2025, alongside a 50 per cent increase in dividend and a 1-for-3 bonus share issue for shareholders.
The audited results, approved by the Board of Directors on 24 February 2026, reflect strong revenue growth, improved operating efficiency and a significantly strengthened balance sheet, reinforcing the Group’s resilience despite macroeconomic challenges.
Core revenue rose by 36 per cent to ₦22.9 billion in 2025 from ₦16.9 billion in 2024. Operating profit increased by 44.4 per cent to ₦11.8 billion, while earnings per share stood at ₦4.75. The Group also recorded a year-on-year reduction in total expenses, with finance costs declining sharply by 67 per cent following substantial deleveraging.
Management attributed the performance to sustained growth across core business segments, stronger investor participation and rising confidence in Nigeria’s capital market.
As at 31 December 2025, total assets increased to ₦71.0 billion from ₦68.0 billion in the previous year, while shareholders’ equity strengthened to ₦55.2 billion. The improved debt-to-equity ratio reflects a more conservative capital structure and enhanced solvency.
In rewarding shareholders, the Board approved a final dividend of ₦2.00 per ordinary share, bringing the total dividend for the 2025 financial year to ₦3.00 per share — a 50 per cent year-on-year increase. Additionally, shareholders will receive one new ordinary share for every three shares held, with a qualification date of 10 April 2026.
Commenting on the results, Group Chairman, Alhaji (Dr.) Umaru Kwairanga, said the performance underscores the resilience of NGX Group’s business model and disciplined strategic execution, expressing confidence in the sustainability of earnings and the strength of the Group’s capital position.
Group Managing Director and Chief Executive Officer, Mr. Temi Popoola, noted that improved operating efficiency and successful balance sheet deleveraging have enhanced the Group’s financial flexibility. He added that recent upward reviews of minimum capital requirements by the Securities and Exchange Commission (SEC) further position the Group to meet evolving regulatory standards while continuing to invest in innovation and market infrastructure.
With stronger liquidity, diversified revenue streams and reinforced capital strength, NGX Group said it remains well positioned to sustain growth and deepen Nigeria’s capital markets
