Custodian Investment assets hit N1trn in 2025, profit rises 24%
Lagos, April 2026 (TBL Africa) Custodian Investment Plc says its total assets rose by 155 per cent to N1 trillion for the year ended Dec. 31, 2025, from N416 billion in 2024.
The company disclosed this in a statement on Tuesday in Lagos.
It said that shareholders’ equity also increased by 53 per cent to N199 billion, reflecting improved financial strength.
It said the group recorded strong growth in revenue and profitability despite a challenging operating environment.
Gross revenue grew by 48 per cent to N225 billion in 2025 from N152 billion in 2024.
Profit before tax rose by 24 per cent to N77 billion, compared with N62 billion in the previous year.
Similarly, profit after tax increased by 24 per cent to N68 billion from N55 billion in 2024, while earnings per share rose by 26 per cent to N11.19 from N8.89.
The company attributed the performance to the strength and resilience of its diversified financial services model.
It added that it made significant strategic progress during the year, including the acquisition of Quest Merchant Bank through the EverQuest Acquisition LLP consortium.
According to the company, the development marks its entry into wealth management and advisory services, broadening its earnings base.
The firm also reported growth in its core insurance business, with insurance service revenue increasing to N141 billion in 2025 from N96 billion in 2024.
The growth, it said, was driven by improved underwriting performance and expanded distribution channels.
Commenting on the results, the Group Managing Director of the company, Mr Wole Oshin, said the performance reflected disciplined execution and strategic expansion.
“Our 2025 performance reflects disciplined execution, the resilience of our business model and our deliberate expansion into high-growth financial segments,” he said.
