NGX Group Declares N3 Dividend, 1-for-3 Bonus Shares

NGX Group PLC reported a 44% increase in profit for the fiscal year ending December 31, 2025, with core revenue growth of 36% amounting to N22.9 billion, up from N16.9 billion in 2024. The board of directors approved a total dividend of N3.00 per share, marking a 50% increase compared to the previous year, alongside a 1-for-3 bonus share issue.

This decision was made on February 24, 2026, after reviewing the group's strong audit results and financial statements. The operating profit rose to N11.8 billion, with a profit before tax of N15.6 billion.

The group's total assets increased to N71.0 billion from N68.0 billion in FY 2024, and shareholders' equity strengthened to N55.2 billion. The chairman, Umaru Kwairanga, emphasized the resilience of the business model and the commitment to delivering long-term shareholder value.

The managing director, Temi Popoola, highlighted the successful revenue growth and improved operational efficiency despite macroeconomic challenges.