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Wole Oshin's 27.39% stake in Custodian Investment Plc is now worth $96.2 million, nearing the $100 million mark as Nigeria's insurance sector undergoes historic reform.
Custodian Investment chief Wole Oshin bought 87 million shares worth about N3.39 billion in December trades disclosed to the NGX.
Custodian Investment reports $81.4 million revenue, $17.3 million profit, and $299 million in assets for the first half of 2025.
As the largest shareholder and group managing director, Oshin wields considerable influence, holding a 27.05 percent stake in Custodian Investment.
Had naira remained stable, Oshin’s stake could have increased by as much as $14.62 million.
Oshin is not only the largest shareholder in the Lagos-based investment group but also ranks among Nigeria’s wealthiest investors.
Oshin wields significant influence with a 26.81-percent stake, equating to 1,576,662,503 ordinary shares.
Custodian Investment surges 10 percent on NGX as market capitalization tops $55 million.
As Custodian Investment’s largest shareholder, Oshin holds a 26.81-percent stake, representing 1,576,662,503 ordinary shares.
Due to these recent gains, Oshin has solidified his position as one of the wealthiest investors on the Nigerian Exchange.
Oshin holds a 26.81-percent stake in Custodian Investment, or 1,576,662,503 ordinary shares.
As the company’s largest shareholder, Oshin holds a 26.81-percent stake in Custodian Investment.
Oshin is the founder of Custodian Investment, a Lagos-based investment group.
Custodian Investment is a prominent player in the Nigerian financial services sector.