NGX Group Reports 170% Profit Growth, Declares Dividend

Nigerian Exchange Group Plc (NGX Group) declared an interim dividend of N1.30 per ordinary share for the six months ended 30 June 2026, reflecting a strong financial performance. For H1 2026, NGX Group reported revenue of N17.60 billion, a 118% increase from N8.08 billion in H1 2025.

Total income rose by 96% to N19.34 billion, primarily due to increased market activity, with transaction fees surging by 169% to N13.34 billion. Operating profit increased by 155% to N10.62 billion, and profit before tax rose by 170% to N14.76 billion.

Profit after tax also saw a 146% increase to N10.36 billion. The Group's balance sheet remained strong, with total assets growing to N75.87 billion and shareholders’ equity increasing to N60.49 billion.

Alhaji (Dr.) Umaru Kwairanga, the Group Chairman, expressed confidence in the Group’s long-term prospects, while Mr. Temi Popoola, the Group Managing Director and CEO, highlighted the scalability of NGX Group’s business model.