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Odu’a Investment Delivers Record 410% Profit Growth, Signals Stronger Investment Outlook at 44th AGM

Odu’a Investment Delivers Record 410% Profit Growth, Signals Stronger Investment Outlook at 44th AGM

Written By: Flipbz.org

Ibadan, Nigeria – Odu’a Investment Company Limited has reinforced its position as one of Nigeria's leading regional investment conglomerates after reporting record-breaking financial results at its 44th Annual General Meeting (AGM), highlighting a year of exceptional earnings growth, strategic asset expansion, and stronger investor confidence.


Held at the newly redeveloped Premier Hotel, Ibadan, the AGM brought together shareholders, representatives of the six South-West states, business leaders, and members of the media to review the Group's outstanding performance for the financial year ended December 31, 2025.


Presenting the results, Group Chairman Otunba Bimbo Ashiru announced that despite a challenging macroeconomic environment, Odu’a Investment recorded one of the strongest performances in its history. Group operating revenue increased by 78%, rising from ₦11.34 billion in 2024 to ₦20.22 billion in 2025, while profit before tax surged by an impressive 410% to ₦23.58 billion, compared to ₦4.62 billion the previous year.


The exceptional growth was driven by significant gains in the value of the Group's investment property portfolio, which contributed ₦18.81 billion, alongside strong returns from investments in Nigeria's bullish equities market.


According to Ashiru, the financial performance reflects years of disciplined execution, strategic investments, and prudent capital management that continue to reposition Odu’a Investment as a catalyst for sustainable economic development across South-West Nigeria.


One of the Group's most significant capital projects the complete redevelopment of the historic Premier Hotel, Ibadan was officially commissioned ahead of the AGM. Scheduled to commence full operations in the fourth quarter of 2026, the revitalised hospitality asset is expected to enhance the Group's recurring revenue base while strengthening its real estate investment portfolio.


The company also celebrated the 60th anniversary of Cocoa House, one of Nigeria's most iconic commercial landmarks and a symbol of the enduring economic legacy of the South-West.


Group Managing Director Abdulrahman Yinusa disclosed that the company has initiated the process of securing its first international credit rating from a globally recognised rating agency. The move is expected to enhance the Group's access to international debt capital markets, broaden financing opportunities, and attract greater foreign direct investment into its growing portfolio.


In another milestone for transparency and investor reporting, Odu’a Investment presented its first fully consolidated financial statements, providing shareholders with a comprehensive view of the financial performance and balance sheet strength of both the holding company and its subsidiaries under internationally recognised reporting standards.


The AGM also marked an important leadership transition as Group Chairman Otunba Bimbo Ashiru concluded his four-year tenure. In his farewell address, he reflected on the remarkable transformation of the organisation from being "asset-rich but cash-poor" into a financially robust, strategy-led investment company with strong liquidity, quality assets, and a clear long-term growth strategy.


Although stepping down as Chairman, Ashiru will continue serving on the Board as a Director until 2028, ensuring leadership continuity as the company enters its next phase of expansion.


With record earnings, a strengthened balance sheet, enhanced creditworthiness, landmark infrastructure investments, and plans to access international capital markets, Odu’a Investment Company has signalled its ambition to become one of Nigeria's most influential investment institutions while creating sustainable value for shareholders and driving regional economic growth.



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