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2025FY: NGX Group Reports 14.7% Increase in Profit to N15.6 Billion

Naija News • 11h ago
2025FY: NGX Group Reports 14.7% Increase in Profit to N15.6 Billion
**NGX Group Shines in 2025, Records 14.7% Profit Growth Amid Challenging Times** In a remarkable display of resilience, Nigerian Exchange Group Plc has announced a 14.7% increase in profit before tax to N15.6 billion for the year ended December 31, 2025. This impressive growth is a testament to the company's ability to thrive in a challenging macroeconomic environment. The NGX Group's core revenue skyrocketed by 36% to N22.9 billion in 2025, up from N16.9 billion in 2024. This significant expansion was driven by sustained growth across core business segments, increased investor activity, and rising investor confidence. The company's customer base expanded, contributing to the remarkable revenue growth. One of the notable achievements of the NGX Group is its reduced finance costs, which plummeted by 67% following a significant deleveraging of its balance sheet. This strategic move has strengthened the company's financial position, making it more attractive to investors. As of December 31, 2025, NGX Group's total assets stood at N71 billion, a notable increase from N68 billion in 2024. The company's improved debt-to-equity position reflects a conservative capital structure, enhanced solvency profile, and strong retained earnings growth. These financial metrics demonstrate NGX Group's ability to manage its finances effectively, even in times of economic uncertainty. In recognition of its impressive performance, the NGX Group's board has approved a final cash dividend of N2.00 per ordinary share, bringing the total dividend for FY 2025 to N3.00 per share – a 50% increase year-on-year. Shareholders will also receive one new ordinary share for every three shares held, with a qualification date of 10 April 2026. This move reflects the company's commitment to rewarding shareholders while maintaining financial flexibility to support strategic growth initiatives. When commenting on the results, NGX Group Chairman, Alhaji (Dr.) Umaru Kwairanga, emphasized the company's resilience and the effectiveness of its strategic execution. The Group Managing Director/Chief Executive Officer, Mr. Temi Popoola, added that the company's strong performance was driven by top-line growth, improved operating efficiency, and successful deleveraging. The NGX Group's impressive 2025 performance is a beacon of hope for the Nigerian capital market. As investor confidence in the market continues to grow, the NGX Group
Source: Original Article. AI-enhanced version.