Africa Prudential Posts 51% Jump in Profit

Africa Prudential Plc has reported a strong earnings performance for the year ended December 31, 2025, posting a profit before tax of N4.26 billion, a 51.51 per cent increase over the N2.81 billion recorded in the previous year.

According to the financials of the company posted on the Nigerian Exchange, its or ofit after tax also rose sharply to N2.72 billion from N1.81 billion in 2024, reflecting improved operating efficiency and higher income generation during the period under review.

Despite the stronger earnings, the board of directors has proposed a full-year dividend of 50 kobo per share, lower than the 60 kobo paid in the prior year. The proposed dividend comprises an interim dividend of 10 kobo and a final dividend of 40 kobo, subject to shareholders’ approval at the company’s next Annual General Meeting.

Africa Prudential’s gross earnings rose by 38.33 per cent to N7.19 billion in 2025, compared with N5.20 billion recorded a year earlier. Operating expenses increased by 19.32 per cent to N3.22 billion from N2.70 billion, a growth rate significantly lower than revenue expansion, resulting in a stronger operating profit position.

Profit before tax climbed to N4.26 billion, while profit after tax rose by 50.10 per cent to N2.72 billion.

Interest income increased to N5.99 billion in 2025 from N4.12 billion in 2024, with earnings from term deposits accounting for about N5.8 billion of the total.

On the balance sheet, total assets grew by 19 per cent to N41.91 billion, up from N34.85 billion in the previous year, driven mainly by growth in assets under management and client deposits.

Shareholders’ equity rose by 17 per cent to N12.54 billion from N10.80 billion, supported by retained earnings despite dividend payments. Total liabilities also increased to N29.2 billion from N24.0 billion in 2024