Shareholders of Nigerian Exchange Group Plc have approved a final dividend of N2.00 per share and a one-for-three bonus share issue for the 2025 financial year, while endorsing the Group’s leadership and strategic direction at its 65th Annual General Meeting (AGM).
At the meeting which held in Lagos on Wednesday, investors also ratified the audited financial statements for the year ended December 31, 2025, and approved an increase in share capital to accommodate the bonus issue. The re-election of Umaru Kwairanga as chairman, alongside Okechukwu Itanyi and Ojinika Olaghere, reinforced continuity in the Group’s governance structure.
Shareholders said the approvals reflect confidence in the Group’s performance and its role in strengthening the Nigerian capital market, pointing to recent improvements in market structure and regulation.
President of the New Dimension Shareholders Association, Patrick Ajudua, said the Group’s financial outcome indicates both stronger market conditions and effective execution. “The numbers speak to a business that is gaining strength and direction,” he said.
Similarly, Chairman of the Progressive Shareholders Association of Nigeria, Boniface Okezie, noted that ongoing investments in market infrastructure and participation are beginning to yield results. “The market is becoming more forward-looking, supported by strong leadership at the Group level. Initiatives around market infrastructure and participation are yielding results, and this is positive for investors,” he said.
Responding, Kwairanga said the Board would maintain focus on governance and long-term value delivery. “The progress recorded reflects the strength of the Group’s strategy and the performance of its operating businesses. As a Board, our responsibility is to ensure disciplined oversight, uphold strong governance standards, and position NGX Group to deliver sustainable, long-term value to shareholders,” he said.
Group Managing Director/Chief Executive Officer, Temi Popoola, said the next phase would prioritise scaling operations and expanding participation in the market. “This next phase is about deepening momentum. Our priority is to scale infrastructure, broaden participation, and unlock new pathways for capital formation,” he said.
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