United Capital Group Revenue Surged 35% to N58.55bn In 2025

Pan-African investment company, United Capital Group, closed the 2025 financial year with its strongest performance on record, posting a 35 percent jump in revenue to N58.55 billion from N43.43 billion in 2024, as a surge in trading income and fee-based earnings drove broad-based growth across all its business lines.

Profit after tax rose 17 percent to N28.15 billion, while profit before tax climbed 37 percent to N41.18 billion. Total comprehensive income for the year closed at ₦30.97 billion.

The results were presented at the group’s Annual General Meeting (AGM) in Abuja on Friday, April 24, 2026. Shareholders at the event said the results mark several milestones in the institution’s two-decade history and cement its position as a benchmark for operational excellence in Nigeria’s capital markets.

The revenue growth was underpinned by a 176 percent surge in net trading income and a 59 percent rise in fee and commission income — two indicators that reflect both heightened market activity and the Group’s deepening client relationships.

The results arrived despite a demanding operating environment marked by elevated interest rates, currency volatility, and evolving regulatory requirements in Nigeria’s financial services sector.

Perhaps the most consequential achievement of the year was the simultaneous return to profitability of all seven of the Group’s subsidiaries: Asset Management, Trusteeship, Securities, Investment Banking, Wealth Management, Microfinance Banking, and Consumer Finance.

Shareholders and market observers at the AGM described the 2025 result as evidence of the Group’s leadership depth, strategic clarity, and execution discipline.

“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. These results are not accidental, they reflect years of deliberate choices around people, products, and discipline,” Group Chief Executive Officer, United Capital Group, Peter Ashade stated.

The board of directors approved a final dividend of ₦0.70 per share, bringing the total payout for 2025 to ₦1.00 per share — equivalent to ₦18 billion.

The declaration represents a 25% increase over the ₦14.4 billion distributed to shareholders in 2024 and signals the Board’s confidence in the sustainability of the Group’s earnings trajectory.

Looking ahead, United Capital said its 2026 strategic priorities include accelerating Pan-African expansion, deepening digital capabilities, and scaling assets under management across its wealth and asset management platforms.

With a restored capital base and profitability now entrenched across all business lines, the Group enters the new financial year positioned for what its leadership described as a next phase of sustainable, continental growth.