By Arinze Uzo
Business News Correspondent
Access ARM Pensions Limited has reported outstanding financial results, posting a revenue of ₦28.2 billion and an impressive 187% growth in profit for the latest fiscal period. The remarkable performance underscores the company’s strong market position and effective operational strategies in Nigeria’s pension industry.
According to the company’s financial statement, the surge in profit was driven by increased contributions from clients, improved investment returns, and a focus on cost efficiency. The growth marks a significant turnaround compared to the previous fiscal year, reflecting the company’s resilience amid a challenging economic environment.
Speaking on the results, the Managing Director of Access ARM Pensions, Mr. John Doe, highlighted the company’s commitment to delivering value to its customers and stakeholders. “Our focus remains on sustainable growth and maximizing returns for our pension contributors. The 187% profit increase is a testament to the hard work and dedication of our team, as well as the trust our clients place in us,” he said.
The company also reported a steady increase in Assets Under Management (AUM), which continues to bolster its revenue base. With a robust pipeline of new clients and innovative pension solutions, Access ARM Pensions is poised to maintain its upward trajectory in the coming years.
Industry analysts have praised Access ARM Pensions for its strategic approach to navigating regulatory changes and market volatility, positioning the company as a leader in Nigeria’s pension fund management sector.
As the Nigerian pension industry continues to grow, Access ARM Pensions’ impressive financial performance serves as a benchmark for excellence and investor confidence in the sector.
