….Declares Interim Dividend
The Nigerian Exchange Group Plc (NGX Group) has reported profit before tax (PBT) of N5.7 billion in the third quarter of this year, representing a 62.4% increase from N3.54 billion it posted in the corresponding quarter of 2024
Data released by the group on its unaudited financial statements for the nine-month period ended September 2025, showed that its PBT rose 79.6% to N11.2 billion from N6.2 billion a year earlier, driven by strong revenue growth and effective cost management.
Based on the performance, the NGX Group has declared an interim dividend of N1.00 per ordinary share of 50 kobo each, to be paid electronically to registered shareholders on November 18, 2025.
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A further analysis of the unaudited financial statements indicated during the quarter under review, the NGX Group’s gross revenue surged to N7.08 billion, representing a 35.6% increase compared to N5.22 billion recorded in the same quarter last year.
As expected, transaction fees remained the biggest revenue driver for the group, contributing N4.77 billion, followed by listing fees at N1.49 billion and treasury investment income of N661.7 million, while other sources, such as rental and other service fees, accounted for the balance
Also, the group‘s other income increased by 63.3% year-on-year to N1.00 billion, largely supported by increased market data income of N591.7 million, thereby raising the total income for the quarter to N8.08 billion, up from N5.83 billion in Q3 2024.
In addition, the NGX Group’s Operating expenses also increased to N3.68 billion, up from N3.05 billion a year earlier, but the Group still delivered a strong improvement in operating profit, which grew 58.2% to N4.4 billion.
While the group’s finance costs declined sharply to N206.8 million from N675.8 million, its total assets slightly dropped to N67.3 billion, from N68 billion a year earlier, driven mainly by investments in associates valued at N33 billion and investment securities at N23.8 billion.
On the liabilities side, the financial statements showed that the group’s total liabilities declined to N16 billion from N19.4 billion as of December 2024, reflecting reduced debt obligations.
Interestingly, the group’s shareholders’ equity rose by 5.6% to N51.2 billion, with retained earnings accounting for the bulk at N47.5 billion, up from N44.8 billion in the previous year.
