• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, September 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

LEADWAY Holdings Acquires PAL Pensions

by Leadership News
5 hours ago
in News
LEADWAY
Share on WhatsAppShare on FacebookShare on XTelegram

Leadway Holdings Limited (Leadway), one of Nigeria’s foremost and most diversified financial services groups, has announced that it has reached an agreement to acquire 100% equity interest in Pensions Alliance Limited (PAL), a leading Pension Fund Administrator (PFA).

Advertisement

In a press statement signed by Niyi Abiola of Corporate Services, Leadway Holdings, the transaction, which includes the transfer of ownership by FSDH Holding Company Limited (FSDH) and Africa Alliance Insurance PLC, marks a milestone consolidation in Nigeria’s pension industry. The statement added that this acquisition of PAL Pensions, which recently celebrated the dual milestone of its 20th anniversary and crossing of the N1 trillion Asset Under Management (AUM), underscores Leadway Holdings’ strategy of diversification and sustainable growth.

According to Leadway Holdings, by integrating PAL with Leadway Pensure, the Group creates one of the largest and most resilient pension fund administrators with a reinforced capacity to deliver more value to Nigerians. The move, the Group said, further expands Leadway’s nationwide reach, positioning it to capture future growth in a pension market with immense potential, adding that the combined strength in governance, innovation, and customer reach promotes the collective goal of financial inclusion, delivers long-term value to stakeholders, and contributes to the stability of Nigeria’s financial sector.

Commenting on the transaction, Group Managing Director, Leadway Holdings Limited, Tunde Hassan-Odukale, said: “This milestone is more than a transaction; it is a reaffirmation of our belief in the future of Nigeria’s pension industry and our responsibility to help contribute to its growth. By bringing PAL and Leadway Pensure together, we are building not only scale but resilience, trust, and broader access for more Nigerians to create wealth. At Leadway, we remain guided by a vision of service that balances innovation with integrity and ambition with inclusivity. This acquisition reflects our commitment to creating lasting value for our customers, the industry and the nation.”

Speaking on the development, Group Managing Director, FSDH, Segun Odusanya, affirmed that the decision was a strategic one taken in line with the organisation’s global vision, with full consideration of the long-term interests of both organisations. “This decision reflects our long-term strategy to sharpen our portfolio focus while ensuring PAL Pensions is well-positioned for sustainable growth,” he said.

ADVERTISEMENT

He further expressed confidence in the vision and strength demonstrated by Leadway Holdings throughout the process, affirming that PAL Pensions is indeed being entrusted into capable hands.

RELATED

NDLEA Intercepts Ex-convict With N4.6bn Worth Of Cocaine

NDLEA Arrests 3 Drug Kingpins, Seizes N5.3bn Cocaine

2 seconds ago
Army Begins Training On Effective Leadership In Joint Operations

Army Task Force Begins Tree Planting Campaign

11 seconds ago

Also reacting to the development, the Managing Director of PAL Pensions, Sa’adu Jijji, expressed his appreciation for the seamless transition, focusing on protecting PAL Pensions’ customers, employees, and stakeholders.

He said, “Our transition from PAL Pensions into the Leadway ecosystem without doubt opens the door to industry-focused collaboration that is bound to deliver a wider range of financial solutions, more growth, greater impact and enhanced value for all stakeholders in PAL Pensions as we continue to deliver the stellar services we are renowned for.”

ADVERTISEMENT

Also, according to the statement, “The transaction, which remains subject to regulatory approvals, marks a pivotal moment for Leadway Holdings as it strengthens its footprint in Nigeria’s financial services sector. By unifying PAL with Leadway Pensure, the Group is better positioned for continued growth and industry leadership by creating one of the country’s largest and most resilient pension platforms anchored on governance, trust, and customer value. As integration progresses under the guidance of PenCom and Leadway’s leadership, contributors and stakeholders can look ahead with confidence to a stable, transparent, and financially secure future.’’


Join Our WhatsApp Channel



Tags: Leadway Holdings
SendShare10168Tweet6355Share
ADVERTISEMENT
Previous Post

JUST-IN: Alcaraz Beats Sinner To Win US Open, Reclaims No. 1 Ranking

Next Post

Troops Uncovered Arms Cache, Other Equipment

Leadership News

Leadership News

You May Like

NDLEA Intercepts Ex-convict With N4.6bn Worth Of Cocaine
News

NDLEA Arrests 3 Drug Kingpins, Seizes N5.3bn Cocaine

2025/09/08
Army Begins Training On Effective Leadership In Joint Operations
News

Army Task Force Begins Tree Planting Campaign

2025/09/08
Global Financial Systems: Shettima Champions Fair Treatment For African, Caribbean, Pacific States
News

Student Launches 7-day Prayer For Shettima

2025/09/08
Senator Nwebonyi Gives Ebonyi Schools Furniture
News

Senator Nwebonyi Gives Ebonyi Schools Furniture

2025/09/08
El-Rufai Condemns Lynching Of 2 Herders In Birnin Gwari
News

Group Urges Probe Of Alleged Abuses Under El-Rufai’s Tenure

2025/09/08
Ex-Deputy Governor Emerges ADC Interim Chair In Nasarawa
News

ADC Affirms Zamfara State Party Leaders

2025/09/08
Leadership Conference advertisement

LATEST

NDLEA Arrests 3 Drug Kingpins, Seizes N5.3bn Cocaine

Army Task Force Begins Tree Planting Campaign

Student Launches 7-day Prayer For Shettima

Senator Nwebonyi Gives Ebonyi Schools Furniture

Group Urges Probe Of Alleged Abuses Under El-Rufai’s Tenure

ADC Affirms Zamfara State Party Leaders

North West Development Commission To Seal $200m Agric Pact

Forum Empowers Youths, Women In Adamawa

Federal Government Releases N192bn For Primary Healthcare

Nigeria’s UN Humanitarian Coordinator Condemns Killing Of Civilians In Borno

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.