Shareholders of Greenwich Holdings Limited have commended the board and management for the company’s strong financial performance in 2025 and successful transition into a financial holding company.
According to a statement by the company’s head of corporate communications, Ozena Utulu, at the company’s maiden Annual General Meeting in Lagos, shareholders approved all resolutions presented, including the resolution authorising the company to increase its share capital, subject to regulatory approval, as well as the re-election of all directors.
Speaking at the meeting, Dr Umar Faruk and Sir Sunday Nwosu, who are shareholders, praised the board and management for sustaining growth and dividend payment.
For the 2025 financial year, Greenwich Holdings recorded a 131.9 per cent increase in gross earnings to N64.23bn, while profit before tax rose 71 per cent to N19.29bn. Profit after tax grew 71.3 per cent to N13.89bn from N8.11m in the previous year.
Total assets increased 69 per
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