The Nigerian Exchange Limited (NGX) has assured shareholders of its commitment to strengthening its position as a catalyst for sustainable capital formation, while deepening market integrity, transparency and competitiveness to attract long-term investment.
Strategic Priorities and Growth Plans
At the 65th yearly general meeting held in Lagos, the Group Managing Director and Chief Executive Officer of NGX Group Plc, Temi Popoola, said the exchange was strategically positioned to consolidate recent gains by broadening market participation, improving liquidity and accelerating innovation across its ecosystem. He noted that the group remains focused on delivering its strategic priorities through stronger core businesses, the expansion of new growth platforms and the deployment of technology to enhance market efficiency and accessibility.
Shareholder Approvals
Also at the meeting, shareholders approved a final dividend of N2.00 per share, a one-for-three bonus share issue, and the corresponding increase in share capital. Popoola said: “As we look ahead to 2026, we do so with a strong sense of momentum and clarity of purpose. The progress achieved in 2025 across market development, product innovation and stakeholders’ engagement has reinforced the resilience of our platform and the relevance of our strategic direction.”
Board Commitment
The chairman of the board of NGX Group, Dr Umaru Kwairanga, appreciated shareholders for their continued support and reaffirmed the Board’s commitment to sustainable value delivery. He said: “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 also assured that the exchange would continue to expand its pan-African engagement, supporting greater integration across the African capital market, while advancing sustainable finance as a key driver of long-term value creation.
Shareholder Reactions
Responding, shareholders applauded the group’s disciplined execution and its contribution to strengthening Nigeria’s capital market, noting that recent progress points to a more structured and better-regulated market environment. President of the New Dimension Shareholders Association, Patrick Ajudua, commended the Group’s leadership for delivering a strong financial performance, describing the results as evidence of improved market conditions and deliberate strategic execution. He added that the figures reflect a business that is steadily gaining strength and strategic direction.
Overall, NGX Group remains committed to deepening the market, enhancing shareholder value, and driving innovation across its ecosystem, with a clear focus on long-term sustainable growth and pan-African integration.
