NGX Group Shareholders Approve Dividend and Bonus Issue Following Strong 2025 Financial Performance

Nigerian Exchange Group Plc holds 65th AGM, securing approval for dividends and bonus shares while re-electing Umaru Kwairanga as board chairman.

By: AXL Media

Published: Apr 30, 2026, 4:13 AM EDT

Source: Information for this report was sourced from Business Hallmark

Fiscal Discipline and Investor Rewards

During the 65th Annual General Meeting of the Nigerian Exchange Group Plc, shareholders formally endorsed the audited financial results for the fiscal year ending December 31, 2025. A primary highlight of the proceedings was the approval of a final dividend payment of ₦2.00 per share, alongside a significant one-for-three bonus share issue. This distribution of value was coupled with a resolution to increase the company’s total share capital, a move intended to strengthen the group’s financial standing as it seeks to maintain its role as a cornerstone of the national economy.

Governance Continuity and Board Ratification

The assembly served as a platform to reinforce the existing leadership structure, with Umaru Kwairanga being re-elected as the chairman of the board. Shareholders also ratified the positions of independent non-executive directors Okechukwu Itanyi and Ojinika Olaghere. This continuity in governance is viewed by the board as essential for the disciplined execution of long term objectives. According to Chairman Kwairanga, the board remains dedicated to rigorous oversight and the delivery of sustainable value, ensuring that the group’s businesses are well positioned for future expansion.

Strategic Evolution of Market Infrastructure

Group Managing Director and Chief Executive Officer Temi Popoola outlined a vision for the company that focuses on expanding market participation and unlocking fresh channels for capital formation. He noted that the organization is entering a sophisticated new phase aimed at scaling operations to meet the demands of a modern financial landscape. The group’s strategy involves enhancing the underlying structure of the market, which the leadership believes is critical for driving the overall development of the investment environment while providing consistent returns to its diverse shareholder base.