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Odu'a Investment Reports N23.58bn Profit for 2025 Fiscal Year

Odu'a Investment Reports N23.58bn Profit for 2025 Fiscal Year

Odu'a Investment Company Limited announced a profit before tax (PBT) of N23.58 billion for the 2025 fiscal year, a substantial increase from N4.62 billion in the previous year. This declaration was made by Otunba Bimbo Ashiru, the immediate past chairman, during the company's 44th annual general meeting held at the newly redeveloped Premier Hotel in Ibadan.

The company also reported a revenue growth to N20.22 billion, up from N11.34 billion in 2024. Mr.

Abdulrahman Yinusa, the group managing director, noted that the company is in the process of securing its first-ever foreign credit rating from a major international rating agency, which is expected to enhance its access to international debt capital markets and attract foreign direct investment. The board's commitment to financial discipline has led to an upgrade of Odu'a Investment's credit rating to AA with a stable outlook.

Otunba Ashiru expressed pride in the company's transformation during his tenure and will continue to serve as a director on the board until 2028.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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