The Nigerian Exchange Group Plc (NGX Group) delivered a robust performance in the third quarter of 2025, reporting a profit before tax of ₦5.7 billion, up 62.4% from ₦3.54 billion in the same period in 2024.
For the nine-month period ended September 30, 2025, the group’s profit before tax rose to ₦11.2 billion, representing a 79.6% increase from ₦6.2 billion a year earlier—driven by strong revenue growth and prudent cost management.
In line with these results, NGX Group has declared an interim dividend of ₦1.00 per ordinary share of 50 kobo each, payable electronically to registered shareholders on November 18, 2025.
The company’s revenue grew to ₦7.08 billion, up 35.6% from ₦5.22 billion in Q3 2024, while other income rose to ₦1.00 billion, a 63.3% increase year on year. Total income stood at ₦8.08 billion compared with ₦5.83 billion in Q3 2024. Operating profit climbed 58.2% to ₦4.41 billion, while finance cost dropped significantly to ₦206.8 million from ₦675.8 million in the same period last year. Profit after tax also surged to ₦4.65 billion, up from ₦2.48 billion recorded in Q3 2024.
On the balance sheet, total assets stood at ₦67.3 billion, slightly down from ₦68.0 billion a year earlier, with investment securities valued at ₦23.8 billion and associates at ₦33.0 billion. Total liabilities declined to ₦16.0 billion from ₦19.4 billion as at December 2024, reflecting a reduction in debt obligations. Shareholders’ equity rose 5.6% to ₦51.2 billion, with retained earnings amounting to ₦47.5 billion, up from ₦44.8 billion.
As at the close of trading on October 30, 2025, NGX Group’s share price stood at ₦56, representing a year-to-date gain of 105.5%.
Takeaway
The strong growth trajectory of NGX Group underscores the strength of its core operations—especially its transaction fee base, listing income, and investment yield—and highlights effective control over costs and financing. The interim dividend further signals management’s confidence in sustaining shareholder returns.