Business
Access ARM Pensions Reports Strong Growth After Merger
Access ARM Pensions reports strong post-merger growth, with revenue, profit and assets under management rising sharply in 2025
Strong performance from ARM Pensions has reported robust financial growth and improved operational efficiency following the completion of its merger, with the company recording significant gains in revenue, profit and assets under management for the 2025 financial year.
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Robust growth recorded by ARM Pensions merger growth story reflects a strong first full year of consolidation, with gross revenue rising by 50.4 per cent to N42.4bn, compared to N28.2bn in 2024, while profit after tax increased by 48 per cent to N16.1bn.
The company also surpassed a major milestone as its assets under management grew beyond N4tn, up from approximately N3tn the previous year, reinforcing its position as one of Nigeria’s leading pension fund administrators.
At its Annual General Meeting in Lagos, shareholders approved a dividend payout of N2 per share, signalling confidence in the firm’s financial strength and long-term outlook.
Speaking at the meeting, Acting Managing Director and Chief Executive Officer Abimbola Sulaiman said the 2025 period marked the first full year of post-merger consolidation and integration.
She explained that the business is already benefiting from early synergies, particularly in cost efficiency, customer acquisition and asset growth, noting that performance has exceeded industry trends.
Sulaiman added that mergers of this scale typically take between one and three years to fully deliver their benefits, expressing optimism about sustained growth in the coming years.
She also confirmed that the company expects to meet new regulatory capital requirements internally, without external capital injection or shareholder dilution, while continuing to pay dividends.
Shareholders at the AGM welcomed the performance, with investor Obinna Anyanwu describing the results as evidence that the merger is beginning to yield positive outcomes for the business.
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Positive earnings momentum at ARM Pensions merger growth trajectory suggests continued expansion as Nigeria’s pension sector adjusts to evolving regulatory and capital demands.
Business
ISAT Group Rebrands, Partners Afro Mobile to Launch High-Speed Broadband Services in Nigeria by Q3 2026
New identity signals bold expansion as landmark investment accelerates affordable, high-speed connectivity for millions of Nigerians.
Nigeria’s digital economy is set for a major boost as ISAT Group unveiled a new corporate identity and announced a strategic alliance with Afro Mobile, ahead of its Q3 2026 commercial launch.
The partnership is underpinned by Afro Mobile’s acquisition of a 40% equity stake in ISAT Group and a US$3 billion financing package structured by Equiline Finance, positioning the alliance among the largest indigenous broadband investment initiatives in Nigeria’s telecommunications sector.
The rebranding marks ISAT Group’s evolution into a next-generation digital connectivity company focused on broadband, satellite communications and enterprise solutions. Together, the partners will expand affordable, high-speed internet access to homes, businesses, government institutions and underserved communities nationwide.
ISAT Group Chief Executive Officer, Dr. Adeyanju Binuyo, described the development as a transformational milestone.
“Our vision extends beyond connectivity. We are building the digital infrastructure that will power businesses, connect communities, stimulate innovation and accelerate Nigeria’s digital economy. This partnership demonstrates our commitment to making world-class broadband accessible to every Nigerian.”
Group Chairman, Mr. Ganiyou AFOLABI Moustapha, said the alliance reflects ISAT Group’s long-term confidence in Nigeria’s future.
“This investment is a strong vote of confidence in Nigeria’s digital economy. Together with Afro Mobile, we are building a resilient indigenous broadband platform that will create jobs, drive innovation and support inclusive national development.”
With operations commencing in Q3 2026, ISAT Group and Afro Mobile are poised to emerge as a leading indigenous broadband provider, delivering next-generation connectivity that will help bridge Nigeria’s digital divide and power the country’s next phase of economic growth.
Business
UBA Foundation Drives Environmental Awareness with Tree Planting in Lagos Schools for WED 2026
UBA Foundation tree planting initiative marks World Environment Day 2026 with sustainability drive across Lagos schools to promote climate action
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