NASD Plc is projecting a robust efficiency in 2025, with plans underway to launch new funding merchandise that may open alternatives in Nigeria’s actual property sector.
Talking at a press briefing held on Might 15, 2025, in Lagos, the corporate’s Managing Director, Eguarekhide Longe, shared insights into NASD’s development technique and future course.
“We’re growing new merchandise that intention to unlock worth in areas of the Nigerian monetary providers sector which have but to be absolutely tapped, particularly in actual property,” Longe mentioned.
He famous that a few of these initiatives are at present awaiting regulatory approval from the Securities and Trade Fee (SEC).
Longe additionally highlighted plans to introduce merchandise that will allow traders to faucet into the transport and logistics sectors, in addition to agriculture—areas he believes have the potential to yield stable returns.
The announcement follows a robust turnaround in 2024, with NASD reporting a pre-tax revenue of N408.7 million—a pointy rebound from the N69.6 million loss recorded in 2023.
A lot of the 2024 enterprise efficiency was attributed to the numerous affect of Aradel Holdings Plc. Nonetheless, with Aradel’s exit from the change, NASD is shifting focus towards newer funding alternatives that it hopes will enhance capital influx and entice worthwhile firms to the platform.
A stronger 2025
Aradel Holdings Plc exited the NASD OTC Securities Trade via a voluntary delisting on October 14, 2024.
Based on NASD, its over-the-counter (OTC) market reached a price of N103.96 billion in 2024, representing a 177% development. Aradel accounted for about 79% of the whole buying and selling exercise.
The change additionally recorded a 255% enhance in itemizing and delisting charges, incomes N252 million in whole.
- Of this, 70% got here from Aradel’s delisting, whereas different firms—Fan Milk, Nice Nigeria Insurance coverage, Okitipupa Oil, and Impresit Bakolori—contributed the rest.
Registration charges introduced in N24 million, an 11% enhance in comparison with 2023.
Based on Eguarekhide Longe, diversification into untapped areas throughout the monetary providers sector is anticipated to drive development and entice new firms to the change.
“Enterprise should go on. We envision a fair stronger 2025 the place diversifying into investments in untapped sectors would create development,” he mentioned.
FY 2024 efficiency
NASD, Nigeria’s OTC Trade for unlisted firms, reported a pre-tax revenue of N408.7 million for the total 12 months 2024, marking a robust restoration from a lack of N69.6 million in 2023.
Charge and fee revenue soared to N1.07 billion—up 264% from N295.3 million within the earlier 12 months.
- Regardless of rising operational bills, the change recorded N520.7 million from its core operations, reflecting improved effectivity.
On the stability sheet, retained earnings grew to N184.8 million, a robust rebound from the earlier 12 months’s deficit of N223.9 million. Whole belongings climbed to N1.3 billion, up 136.2% year-over-year.
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