Custodian Investment Plc. (CUSTODIAN) recorded a remarkable double-digit growth in gross revenue (+14.23% YoY) to NGN85.74bn in 2021FY. The performance was majorly propelled by the expansion in Gross Premium Income (+13.91% YoY), supported by increase in the life business (+24.61% YoY). Only sales from the property business segment declined by 30.17% YoY, due mainly to decrease in revenue and earnings from its subsidiary (UPDC Plc.) in 2021FY.
