2025 AGM: Custodian Funding approves N1.1 dividend, new board members 

Custodian Funding Plc has revealed the resolutions handed at its thirtieth Annual Common Assembly (AGM), held on Might 2, 2025, together with the approval of a remaining dividend of N1.10 per share.

The disclosure was made in an announcement filed with the Nigerian Alternate (NGX) on Might 8, 2025, and signed by the Firm Secretary, Adeyinka Jafojo.

The accredited remaining dividend of N1.10 brings the whole dividend for the 2024 {financial} yr to N1.25 per share and was paid to eligible shareholders on the identical date because the AGM.

On the assembly, Dr. (Mrs.) Omobola Johnson and Mr. Ravi Sharma had been re-elected to the Board of Administrators, reflecting shareholders’ confidence of their management.

Shareholder representatives—Mr. Olaniyi Dada, Chief (Mrs.) Margaret Giwa and Group Captain Bola Sotubo (Rtd.) had been elected to the Statutory Audit Committee.

They be a part of board representatives Mr. Richard Asabia and Mr. Ravi Sharma on the committee.

Custodian Funding Plc launched its unaudited {financial} outcomes for the primary quarter ended 31 March 2025.

The corporate reported a pre-tax revenue of N12.3 billion, representing a 3% improve in comparison with the identical interval within the earlier yr.

Curiosity earnings elevated to N10.3 billion from N6.7 billion within the prior yr.

Insurance coverage service income stood at N43.8 billion, a 55.04% year-on-year improve.