NGX Group don announce say dem go pay N3.4 billion as interim dividend for shareholders, as di company record big profit increase of 170% for di first half of di year.
Di dividend money show say di group dey do well, with better cash generation and di board get confidence say di growth go continue. Dem go still use some money to invest for technology and market development.
Di group explain say di profit come because income grow faster than expenses, wey show say dem dey manage things well. Di balance sheet still remain strong.
Dem say di board dey committed to balance good returns for shareholders with investment for infrastructure and technology to make Nigeria capital market better.
Temi Popoola, wey be Group Managing Director and CEO of NGX Group, talk say di results show di strength of dia business model. Revenue grow because of more transactions, more listing income, and better contributions from di companies wey dem invest for. Dem dey focus to keep di momentum by making market more liquid, getting more investors, and developing technology products.
