Africa Prudential's Assets Surge to N46.52 Billion

Africa Prudential Plc reported a total asset growth to N46.52 billion as of June 30, 2026, compared to N41.91 billion at the end of December 2025. The company's financial statement showcases a robust expansion of its balance sheet, primarily driven by a substantial increase in customer deposits, which rose to N30.10 billion in H1 2026 from N26.44 billion at the close of 2025.

Additionally, Africa Prudential scaled its debt instruments, with amortized costs increasing to N35.01 billion from N32.14 billion in the previous financial year. The board of directors stated that the financial statement reflects an orderly growth strategy aimed at maximizing investor returns and expanding the asset base.

The company achieved compliance with the revised minimum capital requirement of N2.5 billion ahead of the regulatory deadline of June 30, 2027. The free float value stood at N34.47 billion, representing 73.96% compliance with Nigerian Exchange limits.

Basic diluted earnings per share increased to 40 kobo from 34 kobo year-on-year.