United Capital Group has reported its strongest financial performance to date, posting a profit after tax of ₦28.15 billion for the 2025 financial year, representing a 17 per cent increase from the previous year.
The Pan-African investment banking and financial services group also recorded a 35 per cent rise in revenue, which grew from ₦43.43 billion in 2024 to ₦58.55 billion in 2025.
The growth was driven by a sharp 176 per cent increase in net trading income and a 59 per cent rise in fee and commission income.
The results were presented at the company’s Annual General Meeting (AGM) held in Abuja, where shareholders and directors reviewed what the Group described as a milestone year.
Profit before tax rose by 37 per cent to ₦41.18 billion, while total comprehensive income stood at ₦30.97 billion, reflecting strong earnings growth alongside disciplined cost management.
A key highlight of the year was the return to profitability across all seven of the Group’s subsidiaries, spanning asset management, trusteeship, securities, investment banking, wealth management, microfinance banking, and consumer finance.
The company said this underscores its resilience and strengthens its position within Nigeria’s capital market.
Speaking at the AGM, the Group Chief Executive Officer, Peter Ashade, described 2025 as a defining year for the organisation, noting that the performance was the result of deliberate strategic decisions and operational discipline despite a challenging macroeconomic environment.
In line with its commitment to shareholder returns, the Board approved a final dividend of ₦0.70 per share, bringing the total dividend for the year to ₦1.00 per share. This translates to a total payout of ₦18 billion, marking a 25 per cent increase from the ₦14.4 billion distributed in 2024.
The Group’s performance comes amid a challenging operating environment in Nigeria, characterised by high interest rates, currency volatility, and evolving regulatory conditions.
Despite these pressures, United Capital delivered growth across its business lines, reinforcing its reputation for resilience and operational efficiency.
Looking ahead, the Group said it will focus on accelerating its Pan-African expansion, enhancing digital capabilities, and scaling assets under management across its wealth and asset management platforms.
United Capital Plc, listed on the Nigerian Exchange, provides a range of financial services including investment banking, asset management, securities trading, and consumer finance, serving governments, corporates, and individual clients across Africa.
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