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NGX Group Reports ₦15.6 Billion Profit for FY 2025

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NGX Group Reports ₦15.6 Billion Profit for FY 2025

NGX Group reported a profit of ₦15.6 billion for the fiscal year ending December 31, 2025, reflecting double-digit revenue growth and improved operational margins. The board of directors approved the financial statement on February 24, 2026, after considering the report from the board risk audit committee.

The company declared a total dividend of ₦3.00 per share, a 50% increase from the previous year, and approved a 1-for-3 bonus share issue. This revenue expansion was driven by sustained growth across core business segments and increased investor confidence, aided by a reduction in financial costs by 67% due to significant deleveraging of the balance sheet.

The strong financial position and improved debt-equity ratio underscore the company's conservative capital structure and enhanced solvency profile. Alhaji Dr. Umaru Kwairanga, the group chairman, and Mr. Temi Popoola, the group managing director and CEO, emphasized the importance of maintaining financial flexibility to support strategic growth initiatives.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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