NGX Shareholders Praise Board, Approve Financial Statements

During the 65th annual general meeting held in Lagos, shareholders of the Nigerian Exchange Group Plc commended the board for its strategic direction and urged a continued focus on long-term value creation. The shareholders approved the audit financial statements for the year ending December 31, 2025, alongside resolutions including a final dividend of N2.00 per share and the issuance of three bonus shares, which correspondingly increased the share capital.

Umaru Kwairanga, the group chairman, and Okechukwu Itanyi and Ojinika Olagher, independent non-executive directors, were re-elected to reinforce governance oversight. Shareholders acknowledged the group's disciplined execution and its role in strengthening the Nigerian capital market.

Patrick Ajudua, president of the Shareholders Association, praised the leadership for delivering strong financial outcomes, while Bonifac Okezi highlighted the commitment to innovative infrastructure development. Temi Popoola, the group managing director and chief executive officer, emphasized the need to focus on executive priorities to deepen momentum and broaden participation in the capital market.