NGX Group declares N3.4bn interim dividend on 170% profit surge

The Nigerian exchange operator's payout follows a record first-half performance, adding to a wave of corporate distributions across the local market.

By Handelsavisen Newsroom · Automated 2026-07-26 20:49 UTC · 1 min read

Nigerian Exchange Group Plc (NGX Group) has announced an interim dividend of N1.30 per ordinary share for the six months ended June 30, 2026.

The payout, totaling approximately N3.4 billion, reflects a 170% year-on-year increase in pre-tax profit for the period, marking a record financial performance for the exchange operator.

The dividend declaration underscores the resilience of Nigeria's capital markets infrastructure despite broader macroeconomic headwinds.

NGX Group's ability to generate such significant profit growth suggests strong trading volumes and fee income, positioning the company as a key beneficiary of increased market activity in the region.

This move aligns with a broader trend of heightened corporate distribution activity on the Nigerian Exchange.

Seven companies listed on the NGX are scheduled to pay dividends in July 2026, providing income opportunities for investors amid a period of robust corporate earnings.