The Nigerian Exchange Group (NGX Group) Plc has announced robust financial results for the year ended December 31, 2025, reporting a Profit Before Tax (PBT) of N15.6 billion. This represents a significant increase from the N13.6 billion recorded in the corresponding period of 2024. Alongside this profit growth, the company's board has approved a dividend payout of N3.00 per share and a bonus issue of one bonus share for every three shares held by shareholders.

The audited results, released over the weekend, showcase a strong financial performance characterized by double-digit revenue growth, improved operating margins, enhanced liquidity, and a reinforced balance sheet. This resilience in earnings has been achieved despite a challenging macroeconomic environment.

The financial highlights for 2025 include a core revenue growth of 36.0%, reaching N22.9 billion compared to N16.9 billion in 2024. Operating profit saw a substantial increase of 44.4%, climbing to N11.8 billion. The earnings per share also improved to N4.75, with a year-on-year reduction in total expenses.

Alhaji (Dr.) Umaru Kwairanga, Group Chairman of NGX Group, commented on the performance, stating, "Our 2025 performance demonstrates the resilience of our business model and the effectiveness of disciplined strategic execution. Strong revenue growth, improved operating margins and a strengthened balance sheet reinforce our commitment to delivering sustainable long-term shareholder value."

He further added, "The increased dividend and bonus issue reflect the Board’s confidence in the sustainability of our earnings and the robustness of our capital position as we continue to deepen Nigeria’s capital markets. We are confident that the momentum that we have built in 2025 will be sustained given investor confidence in the Nigerian capital market and a pipeline of exciting new listings that will broaden and deepen the market."

Mr. Temi Popoola, Group Managing Director/Chief Executive Officer of NGX Group, echoed this sentiment, noting, "We delivered strong top-line growth and enhanced profitability in 2025 despite macroeconomic headwinds. Our 36% core revenue growth, improved operating efficiency and successful deleveraging have strengthened our capital base and financial flexibility, supporting the increased dividend and bonus issuance."

Popoola also highlighted the company's preparedness for evolving regulatory standards, including the recent upward review of minimum capital requirements by the Securities and Exchange Commission (SEC). "Our robust balance sheet positions us to meet new thresholds seamlessly while continuing to invest in liquidity expansion, product innovation and market infrastructure to build a resilient, globally competitive exchange group," he stated.

The Nation newspaper reported that the board approved a final cash dividend of N2 per share, bringing the total dividend for 2025 to N3 per share, a 50% increase compared to the 2024 financial year. The bonus issue of one for every three shares held represents a more than 33% increase in shareholdings for existing investors as of April 10, 2026.

Key extracts from the audited report also indicated that total assets increased from N68 billion to N71 billion, while shareholders’ funds rose to N55.2 billion. The improved debt-to-equity position reflects a conservative capital structure and strong retained earnings growth.

Revenue expansion was attributed to sustained growth across core business segments, improved customer penetration driven by increased investor activity, and rising investor confidence in the Nigerian capital market.