Africa Prudential Plc is positioning its technology-enabled solutions to capture growing opportunities in Nigeria’s capital market as activity in the sector nearly doubled over the past year, according to the company’s management.
- +Africa Prudential targets capital market boom with digital expansion
The company, a provider of share registration services and capital market solutions, said increasing market activity was driving demand for seamless digital investor experiences, improved market efficiency and stronger compliance standards.
The company, a provider of share registration services and capital market solutions, said increasing market activity was driving demand for seamless digital investor experiences, improved market efficiency and stronger compliance standards.
Speaking during the company’s H1 2026 Investor Call on Tuesday, July 28, 2026, Catherine Nwosu, managing director and chief executive officer of Africa Prudential, said the company was investing in technology-enabled solutions to take advantage of the expanding opportunities in the capital market.
“With capital market activity nearly doubling over the past year, demand for seamless digital investor experiences, improved market efficiency, and stronger compliance standards continues to grow,” Nwosu said.
She said Africa Prudential was investing in technology-enabled solutions that would position the company to capitalise on the opportunities while delivering sustainable value to shareholders.
The company is pursuing a strategic shift from its traditional registrar business into a diversified technology and business solutions company serving the broader capital market ecosystem.
Its growth strategy includes expanding digital solutions, KYC services, AGM technology, Probate services and the SabiVest mobile application, alongside its core registrar business.
The technology push comes as the company reported strong financial performance in the first half of 2026. Gross earnings rose 27 percent year-on-year to N4.28 billion from N3.34 billion in the corresponding period of 2025.
Profit before tax increased 22 percent to N2.41 billion, while profit after tax rose 18 percent to N1.59 billion.
Net operating income also increased 27 percent to N4.21 billion, while total assets grew 13 percent to N46.53 billion. Shareholders’ funds rose 13 percent to N12.52 billion.
The company attributed the performance to sustained growth in its core registrar business, increased corporate action activities across the Nigerian capital market, stronger treasury performance supported by the prevailing interest rate environment, and increasing adoption of its technology-enabled solutions.
Management said its digital expansion was also part of a broader strategy to diversify revenue and strengthen the sustainability of earnings.
The company said it would continue to accelerate product and service innovation leveraging technology, while strengthening its brand equity and market leadership.
Other strategic priorities for the second half of 2026 include sustainable growth across its core registrar and new business lines, investment in talent development and organisational capability, and deeper corporate governance and institutional excellence.
Africa Prudential said the strategy was aimed at reinforcing its position within Nigeria’s capital market while responding to changing investor expectations and the growing demand for technology-driven market solutions.
