Premium Pension Limited, a leading Pension Fund Administrator (PFA) in Nigeria, said it grew its Assets Under Management (AUM) to N1.3 trillion

The announcement was made recently during its 20th Annual General Meeting (AGM) held in Abuja.

Speaking at the AGM, the Chairman of the Board, Maj Gen Bitrus Kwaji (Rtd) said, “Over the years, we have grown into one of the most trusted PFAs in the industry, prioritizing professionalism, transparency, and superior customer service.

“Also, despite global economic uncertainties, Premium Pension Limited recorded impressive growth in 2024: Assets under Management (AUM): Grew by N210.73 billion, reaching N1.344 trillion, representing an 18.58 per cent year-on-year growth.

“Similarly, revenue growth increased by 19.66 per cent, amounting to N13.93 billion while Profit Before Tax (PBT) rose by 23.14 per cent to N5.635 billion, while Profit After Tax (PAT) stood at N3.552 billion.”

He added that Shareholders will receive a final dividend of N2.20 per share, amounting to N1.446 billion, in addition to the N2.06 per share interim dividend already paipaid.

He further stated that the company registered 818,199 RSAs, accounting for 7.71 per cent of the industry total.