NGX Group declares N1.30 interim dividend as H1 profit jumps 146%

The Nigerian Exchange (NGX) Group Plc has announced a significant surge in its financial performance, posting a 146% increase in profit for the first six months of 2026. This robust outcome has led the company to declare an interim dividend of N1.30 per ordinary share for its shareholders.

The impressive results stem from a combination of factors, primarily driven by heightened trading activity on the exchange and a notable rise in investment income. According to a company statement, revenue saw a substantial jump of 118%, reaching N17.60 billion, underscoring the positive momentum in the Nigerian capital market.

This strong first-half performance reflects the growing dynamism of the NGX Group and its ability to capitalize on market opportunities. The increased dividend payout signals confidence in the company's sustained profitability and its commitment to delivering value to its investors amidst a recovering economic landscape.