Equities
NGX Group: record H1 2026 and a ₦1.30 interim dividend
Revenue rose 118% to ₦17.60bn and profit before tax 170% to ₦14.76bn, driven by transaction fees, listing income and a stronger contribution from CSCS.
27 Jul 2026 · 1 min read
Nigerian Exchange Group Plc has reported a record first half for the six months ended 30 June 2026 and declared an interim dividend of ₦1.30 per ordinary share. Growth was broad-based, driven principally by significantly higher market transaction activity, increased listing income, and a stronger equity-accounted contribution from Central Securities Clearing System Plc (CSCS).
Financial highlights, H1 2026
- Revenue: ₦17.60bn, up 118% from ₦8.08bn
- Transaction fees: ₦13.34bn, up 169%
- Listing fees: ₦2.38bn, up 59%
- Operating profit: ₦10.62bn, up 155%
- Share of profit from equity-accounted investees: ₦4.14bn, up 130%
- Profit before tax: ₦14.76bn, up 170%
- Profit after tax: ₦10.36bn, up 146%
- Shareholders’ equity: ₦60.49bn, from ₦55.20bn at FY2025
Points to follow up
- EPS and the dividend payout ratio are not disclosed in the release; they should be computed once the H1 2026 statements with share count are published.
- The strength of the CSCS-driven investee income raises the question of how much of Group profit is core exchange fees versus associate income.
- The qualification and payment dates for the ₦1.30 interim dividend are yet to be communicated.
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