NGX Group’s shareholders to get N495m interim dividend

This followed an emergency board meeting convened by the Group in July, when it disclosed its decision to electronically distribute its inaugural dividend following the demutualisation in 2021 to qualified shareholders.

At the company’s annual general meeting in July, shareholders demanded that a dividend should be declared. In a statement issued on Wednesday, the group said the decision to declare the dividend was as a direct response to the input and suggestions received from shareholders at the AGM.