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Custodian Investment grows revenue by 14% to N85bn in 2021 | TheCable

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Custodian Investment Plc, a diversified non-bank financial institution, says its gross revenue increased by 14 percent to N85.5bn in 2021

February 7, 2022 4:19 PM

The company, which disclosed this in its unaudited result for the year ended 31st December 2021, added that after adjusting for non-recurring one-time gain from the prior year’s result, profits from continuing ordinary operations recorded 18 percent growth. Speaking on the result, Wole Oshin, group managing director of Custodian Investmentstment, attributed the result to the company’s resilience, the diversity of its product offerings, the commitment of its staff and the unwavering support of board of directors.Oshin expressed optimism for a brighter future for the Custodian Group, which has investments in life and non-life insurance, pension fund administration, trusteeship and real estate businesses.

 

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