By Peace Udugba -The Daily Torch Media
LAGOS, July 26, 2026 – Nigerian Exchange Group (NGX Group) Plc has reported a record financial performance for the first half of 2026, posting triple-digit growth in revenue and profit while announcing an interim dividend of ₦1.30 per ordinary share for shareholders.
The Group said the dividend declaration reflects its strong earnings, improved cash generation and confidence in the sustainability of its growth, while maintaining sufficient capacity to invest in technology, market development and strategic opportunities across Nigeria’s capital market.
According to its unaudited financial results for the six months ended June 30, 2026, NGX Group recorded revenue of ₦17.60 billion, representing a 118 per cent increase from ₦8.08 billion reported in the corresponding period of 2025. Total income also rose by 96 per cent to ₦19.34 billion.
The impressive performance was driven largely by heightened market activity, with transaction fees surging by 169 per cent to ₦13.34 billion from ₦4.96 billion in the first half of 2025. Listing fees increased by 59 per cent to ₦2.38 billion, while technology income grew by 19 per cent to ₦447.86 million.
Operating profit climbed 155 per cent to ₦10.62 billion, compared with ₦4.16 billion in the corresponding period last year, reflecting improved operating leverage as revenue growth significantly outpaced operating expenses.
NGX Group also recorded a 130 per cent increase in its share of profit from equity-accounted investees, rising to ₦4.14 billion, largely driven by the strong performance of Central Securities Clearing System Plc (CSCS).
As a result, profit before tax rose by 170 per cent to ₦14.76 billion, up from ₦5.46 billion in the first half of 2025, while profit after tax increased by 146 per cent to ₦10.36 billion, compared with ₦4.22 billion in the previous year.
The Group also maintained a strong balance sheet, with total assets increasing to ₦75.87 billion as of June 30, 2026, while shareholders’ equity grew to ₦60.49 billion, up from ₦55.20 billion at the end of 2025.
Commenting on the performance, Chairman of NGX Group, Alhaji (Dr.) Umaru Kwairanga, said the Board’s approval of the interim dividend underscores confidence in the Group’s long-term growth prospects.
He said the Board remained committed to delivering attractive returns to shareholders while continuing to invest in infrastructure, technology and strategic initiatives aimed at deepening Nigeria’s capital market and sustaining long-term growth.
Also speaking, the Group Managing Director and Chief Executive Officer, Mr. Temi Popoola, described the first-half performance as evidence of the strength and scalability of NGX Group’s business model.
According to him, stronger transaction activity, increased listing income and higher contributions from investee companies, combined with disciplined execution, significantly boosted profitability.
Popoola said the Group would continue to focus on deepening market liquidity, expanding investor participation, accelerating technology-driven products and building a more diversified financial market infrastructure business.
NGX Group noted that shareholders whose names appear in the Register of Members on the qualification date will be entitled to receive the ₦1.30 interim dividend, while the qualification date, closure period and payment date will be announced in line with the approved corporate action timetable and regulatory requirements.
