NGX Group increases cash payouts by 50% as profit rises
Naija News • 11h ago
NGX Group increases cash payouts by 50% as profit rises
The board of Nigerian Exchange Group (NGX Group) Plc at the weekend announced a 50 per cent increase in cash dividend payouts after the stock market infrastructure holding group recorded significant improvements in profitability.
Directors of the NGX Group also approved a bonus issue of one bonus share for every three shares held, more than 33 per cent increase in shareholdings of all existing investors in the company as at close of business on April 10, 2026.
The board approved a final cash dividend of N2 per share, bringing total dividend for 2025 to N3 per share, a 50 per cent increase on payment for the 2024 business year.
Key extracts of the audited report and accounts of NGX Group for the year ended December 31, 2025 release...