NASD Plc is projecting a robust efficiency in 2025, with plans underway to launch new funding merchandise that may open alternatives in Nigeria’s actual property sector.
Talking at a press briefing held on Could 15, 2025, in Lagos, the corporate’s Managing Director, Eguarekhide Longe, shared insights into NASD’s progress technique and future path.
“We’re creating new merchandise that purpose to unlock worth in areas of the Nigerian {financial} companies sector which have but to be totally tapped, particularly in actual property,” Longe stated.
He famous that a few of these initiatives are at the moment awaiting regulatory approval from the Securities and Alternate Fee (SEC).
Longe additionally highlighted plans to introduce merchandise that may allow buyers to faucet into the transport and logistics sectors, in addition to agriculture—areas he believes have the potential to yield stable returns.
The announcement follows a robust turnaround in 2024, with NASD reporting a pre-tax revenue of N408.7 million—a pointy rebound from the N69.6 million loss recorded in 2023.
A lot of the 2024 enterprise efficiency was attributed to the numerous affect of Aradel Holdings Plc. Nonetheless, with Aradel’s exit from the trade, NASD is shifting focus towards newer funding alternatives that it hopes will increase capital influx and entice worthwhile firms to the platform.
Aradel Holdings Plc exited the NASD OTC Securities Alternate by a voluntary delisting on October 14, 2024.
In keeping with NASD, its over-the-counter (OTC) market reached a worth of N103.96 billion in 2024, representing a 177% progress. Aradel accounted for about 79% of the whole buying and selling exercise.
The trade additionally recorded a 255% enhance in itemizing and delisting charges, incomes N252 million in whole.
Registration charges introduced in N24 million, an 11% enhance in comparison with 2023.
In keeping with Eguarekhide Longe, diversification into untapped areas inside the {financial} companies sector is predicted to drive progress and entice new firms to the trade.
“Enterprise should go on. We envision a fair stronger 2025 the place diversifying into investments in untapped sectors would create progress,” he stated.
NASD, Nigeria’s OTC Alternate for unlisted firms, reported a pre-tax revenue of N408.7 million for the total 12 months 2024, marking a robust restoration from a lack of N69.6 million in 2023.
Charge and fee earnings soared to N1.07 billion—up 264% from N295.3 million within the earlier 12 months.
On the stability sheet, retained earnings grew to N184.8 million, a robust rebound from the earlier 12 months’s deficit of N223.9 million. Whole property climbed to N1.3 billion, up 136.2% year-over-year.
