Access ARM Pensions posts N42.4bn revenue, declares N2m dividend

Access ARM Pensions has announced a robust financial performance for its 2025 fiscal year, marking a significant milestone as its first full year following the merger of Access Pensions and ARM Pensions. The company's results underscore the successful integration and the realization of operational efficiencies and scale benefits anticipated from the merger.

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FY2025 was our first full year post-merger. In 2024, ARM Pensions was part of the business for only about five months, so 2025 marked the first full year of consolidation.

The Pension Fund Administrator (PFA) reported a substantial 50.4% increase in gross revenue, climbing to N42.4 billion from N28.2 billion in the previous year. This impressive growth was mirrored in its profit after tax, which surged by 48% to N16.1 billion. Furthermore, Assets Under Management (AUM) crossed the N4 trillion mark, reinforcing Access ARM Pensions' standing as a major player in Nigeria's burgeoning pension industry.

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The company successfully extracted substantial operational synergies, particularly through cost optimisation, while simultaneously strengthening customer acquisition.

During the company's Annual General Meeting in Lagos, shareholders gave their approval for a dividend payout of N2 per share. Abimbola Sulaiman, the Acting Managing Director and Chief Executive Officer, described 2025 as a 'defining year,' highlighting the successful extraction of operational synergies, particularly through cost optimization, and a strengthened customer acquisition strategy. She expressed optimism for continued strong performance, noting that the full benefits of mergers and acquisitions typically materialize over one to three years.

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The business is strong, the brand is strong, and we recorded gains in customer acquisition and assets under management.

From a Nigerian economic perspective, the performance of Access ARM Pensions is a positive indicator for the financial sector and the broader economy. The growth in AUM signifies increased contributions to the pension system, which is crucial for long-term national savings and investment. The company's confidence in meeting new regulatory capital requirements internally, without external dilution, also speaks to its financial stability and prudent management. The Punch's report captures this success story, showcasing how strategic mergers can yield significant benefits and contribute to the growth of key financial institutions in Nigeria.

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Mergers and acquisitions typically take between one and three years before full integration benefits are realised. We are therefore optimistic about the growth trajectory ahead.