United Capital Group Posts Record N28.15bn Profit as All Subsidiaries Turn Profitable in Landmark 2025 Year.
United Capital Group, a leading Pan-African investment bank and financial services group, has delivered its strongest financial performance to date, reporting a 17 per cent rise in profit after tax to N28.15 billion for the 2025 financial year.
The results, presented at the company’s Annual General Meeting held in Abuja on Friday, 24 April 2026, highlighted a year marked by broad-based growth across revenue streams, operational efficiency, and milestone achievements across its subsidiaries.
Strong Revenue Growth Driven by Trading and Fees
The Group recorded a 35 per cent increase in revenue, rising from N43.43 billion in 2024 to N58.55 billion in 2025. This growth was largely supported by a 176 per cent surge in net trading income and a 59 per cent increase in fee and commission income.
Profit before tax rose significantly by 37 per cent to N41.18 billion, while total comprehensive income closed the year at N30.97 billion. According to the Group, these figures reflect both robust top-line expansion and disciplined cost management across its operations.
Historic Milestone: All Seven Subsidiaries Turn Profitable
A defining achievement for the year was the simultaneous profitability of all seven subsidiaries within the Group. These include Asset Management, Trusteeship, Securities, Investment Banking, Wealth Management, Microfinance Banking, and Consumer Finance.
This development, the Group noted, underscores its strengthened operating model and diversified revenue structure, positioning it as a more resilient and future-ready financial services institution.
L-R: Oladipupo Fatokun, Independent Non-Executive Director, United Capital Plc; Ayodeji Adigun, Group Executive Director & Chief Operating Officer, United Capital Plc; Sunny Anene, Deputy Group Chief Executive Officer, United Capital Plc; Uche Ike, Chairman, Non-Executive Director, United Capital Plc; Peter Ashade, Group Chief Executive Officer, United Capital Plc; Rose Nat Eshiett, Independent Non-Executive Director, United Capital Plc; Dr Leo Okafor, Group Company Secretary/General Counsel, United Capital Plc; Chiugo Ndubisi, Non-Executive Director, United Capital Plc; and Samuel Nwaeze, Non-Executive Director, United Capital Plc; at the 13th Annual General Meeting for United Capital Plc held in Abuja
Leadership Emphasises Strategy, Discipline, and Growth Momentum
Group Chief Executive Officer, Peter Ashade, described 2025 as a transformative year for the organisation, particularly in the context of a challenging macroeconomic environment.
“2025 was a defining year for United Capital. In a challenging macroeconomic environment, we grew revenue by a third, returned every single subsidiary to profit, and strengthened our capital base,” he said.
He attributed the performance to long-term strategic decisions focused on talent development, product innovation, and operational discipline, adding that the Group enters 2026 with strong momentum and a clear expansion agenda across Africa.
Dividend Growth and Shareholder Returns
In recognition of the year’s performance, the Board approved a final dividend of N0.70 per share, bringing total dividend payout for the 2025 financial year to N1.00 per share, equivalent to N18 billion.
This represents a 25 per cent increase compared to the N14.4 billion distributed in 2024, reinforcing the Group’s commitment to consistent shareholder returns and sustainable earnings growth.
Performance Amid Economic Headwinds
The record results were achieved against a backdrop of macroeconomic pressures, including high interest rates, currency volatility, and evolving regulatory conditions within Nigeria’s financial sector.
Despite these challenges, United Capital maintained strong profitability across all business segments, reinforcing its reputation as one of the more resilient and efficiently managed financial services groups in the market.
Strategic Outlook for 2026
Looking ahead, the Group outlined key priorities for 2026, including accelerated Pan-African expansion, deeper investment in digital capabilities, and significant growth in assets under management across its wealth and asset management businesses.
With a strengthened capital base and profitability embedded across all subsidiaries, United Capital Group says it is well-positioned to consolidate its leadership in Nigeria’s capital markets while expanding its footprint across Africa.