Leadway Holdings completed the acquisition of PAL Pensions from FSDH Holding Company and Africa Alliance Insurance.

Leadway Holdings, one of Nigeria’s non-banking financial services groups, completed the acquisition of PAL Pensions, a pension fund administrator based in Nigeria, from FSDH Holding Company, a non-operating financial holding company, and Africa Alliance Insurance, a life insurance company. Financial terms were not disclosed. “This milestone is more than a transaction, it is a reaffirmation of our belief in the future of Nigeria’s pension industry and our responsibility to help contribute to its growth. By bringing PAL and Leadway Pensure together, we are building not only scale, but resilience, trust, and broader access for more Nigerians to create wealth. At Leadway, we remain guided by a vision of service that balances innovation with integrity, and ambition with inclusivity. This acquisition reflects our commitment to creating lasting value – for our customers, the industry and for the nation," Tunde Hassan-Odukale, Leadway Holdings Group Managing Director.