Nigerian insurance tycoon Wole Oshin’s Custodian projects $18-million profit for Q4 2024
Custodian Investment expects a 119.74-percent profit increase in Q4 2024, with after-tax profit projected to reach N30.98 billion ($18 million).
Custodian Investment expects a 119.74-percent profit increase in Q4 2024, with after-tax profit projected to reach N30.98 billion ($18 million).
Oshin is not only the largest shareholder in the Lagos-based investment group but also ranks among Nigeria’s wealthiest investors.
Oshin wields significant influence with a 26.81-percent stake, equating to 1,576,662,503 ordinary shares.
Custodian Investment surges 10 percent on NGX as market capitalization tops $55 million.
As Custodian Investment’s largest shareholder, Oshin holds a 26.81-percent stake, representing 1,576,662,503 ordinary shares.
Due to these recent gains, Oshin has solidified his position as one of the wealthiest investors on the Nigerian Exchange.
Oshin holds a 26.81-percent stake in Custodian Investment, or 1,576,662,503 ordinary shares.
As the company’s largest shareholder, Oshin holds a 26.81-percent stake in Custodian Investment.
Oshin is the founder of Custodian Investment, a Lagos-based investment group.
Custodian Investment is a prominent player in the Nigerian financial services sector.