Odu’a Investment Company Reports N23.58bn Profit

Odu’a Investment Company, led by Group Chairman Otunba Bimbo Ashiru, announced a profit before tax of N23.58 billion for the 2025 fiscal year during its 44th Annual General Meeting held at the newly redeveloped Premier Hotel in Ibadan. The company has set an ambitious target to grow its assets to N1 trillion by 2030, with a plan to back this growth with N50 billion and N30 billion in cash.

In the fiscal year 2025, Odu’a Investment Company increased its revenue base by 78%, reaching N20.22 billion compared to N11.34 billion in the previous year. The profit before tax surged by 410% from N4.62 billion the previous year.

Mr. Abdulrahman Yinusa, the Group Managing Director, mentioned 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 positively impact the conglomerate's access to international debt capital markets and attract foreign direct investment. Dr. Tola Kasali, the new Group Chairman, committed to ensuring the full actualization of the company's vision.