Custodian Investment Plc has recorded a remarkable 155% growth in total assets, pushing its balance sheet past the N1 trillion mark in 2025, as the group continued to diversify its operations across multiple financial sectors.
The company’s audited report and accounts for the year ended December 31, 2025, showed that strategic acquisitions and business expansion fueled the asset surge, lifting the group’s total assets from N416 billion in 2024 to over N1 trillion in 2025. Total equity funds rose 53% to N199 billion.
Revenue and Profit Performance
Key financial indicators also reflected strong growth. Gross revenue jumped 48% to N225 billion from N152 billion in 2024. Profit before tax increased by 24% to N77 billion, while net profit after tax rose by the same margin to N68 billion. Earnings per share grew from N8.89 in 2024 to N11.19 in 2025.
Group Managing Director Wole Oshin attributed the performance to robust growth in the company’s core insurance business. Insurance service revenue climbed from N96 billion to N141 billion, driven by improved underwriting results and enhanced distribution capabilities.
Strategic Expansion
Oshin highlighted that the group achieved significant strategic milestones in 2025, notably the acquisition of Quest Merchant Bank through the EverQuest Acquisition LLP consortium. This move marked Custodian Investment’s entry into wealth management and advisory services, broadening its earnings base and reinforcing its evolution into a fully diversified financial services powerhouse.
“Our 2025 performance reflects disciplined execution, the resilience of our business model, and our deliberate expansion into high-growth financial segments,” Oshin said.
Diversified Interests
Custodian Investment’s portfolio spans several sectors, including insurance, pensions, trusteeship, asset management, real estate, and merchant banking, positioning the group as a major player in Nigeria’s financial services landscape.
The results underscore Custodian Investment’s strategy of combining organic growth with targeted acquisitions to expand its footprint and strengthen its market position across multiple financial industries.