Shareholders of United Capital Group approved a total dividend payout of N18 billion for the 2025 financial year, a 25 percent increase over the N14.4 billion distributed in the preceding year, capping a record-breaking performance in which the group delivered double-digit growth across all its key financial metrics despite significant macroeconomic headwinds in Nigeria’s financial services sector.
The dividend translated to a final payment of 70 kobo per share, bringing the total dividend for the year to N1.00 per share, approved at the group’s 2025 Annual General Meeting held in Abuja.
Chairman Uche Ike told shareholders that gross revenue increased by 35 percent to N58.55 billion from N43.43 billion in 2024, while Profit Before Tax accelerated by 37 percent year-on-year to N41.18 billion from N30.10 billion in the preceding year. Profit After Tax rose by 17 percent from N24.10 billion to N28.15 billion, reflecting impressive growth in overall group profitability.
Group total assets increased by 4 percent year-on-year to N1.76 trillion from N1.70 trillion, driven largely by growth in securities investments that accounted for 76 percent of total assets. Shareholders’ Funds increased by 12 percent to N150 billion from N133.50 billion, while Return on Average Equity stood at 20 percent, signalling strong value creation. Total comprehensive income closed the year at N30.97 billion, reflecting both strong revenue growth and disciplined cost management across all business lines.
Group Chief Executive Peter Ashade described 2025 as a defining year for the group, noting that the organisation had grown revenue by a third, returned every single subsidiary to profitability, and strengthened its capital base in a challenging macroeconomic environment characterised by elevated interest rates, currency volatility, and evolving regulatory requirements.
“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,” Ashade said.
The group’s strategic priorities for 2026 include accelerating Pan-African expansion, deepening digital capabilities, and significantly scaling Assets Under Management across its wealth and asset management platforms, with management expressing confidence that the record performance of 2025 had created strong foundations for continued growth.
