United Capital Plc
To support its long-term growth plan, United Capital Infrastructure Fund (UCIF), an N150 billion close-ended fund sponsored by United Capital Plc, has announced its maiden investment in a brownfield lead production
There are clear indications that the Nigerian capital market may witness a significant decline in the number of sub-nationals that will access it for fundraising to finance long term projects through bond issuance against the practice in the last few years.
The Group Chief Executive Officer of United Capital Plc, Peter Ashade, has advocated inter-sectoral collaboration across the private and public financial service sector in a bid to ensure economic growth.
United Capital Investment Banking has announced the appointment of Gbadebo Adenrele as its managing director. Adenrele has 16 years of work experience spanning across debt and equity capital market, corporate finance, and project finance. He is also an alumnus of the University of Lagos as well as Stern School of Business, New York University, and…
29 Jun 2021
Bears’ dominance has remained unabated on the Nigerian Exchange Limited (NGX), as more bluechip stocks recorded price depreciation, causing the All-Share Index (ASI) to drop further by 0.19 per cent.
2 Jun 2021
Transactions on the Nigerian Exchange (NGX) closed on a downturn yesterday, occasioned by sell pressure in most blue-chip stocks, causing the All-Share Index (ASI) to decline by 0.06 per cent.
3 Nov 2020
As anticipated, profit-taking by investors at the Nigerian equities sector halted six days of bullish run to commence trading on a downturn yesterday, causing market capitalisation to depreciate by N27 billion.
27 Oct 2020
As investors continue to reposition ahead of the third-quarter earnings, the Nigerian Stock Exchange (NSE) extended its winning streak to three successive sessions, causing the All Share Index (ASI) to increase further by 0.28 per cent. At the close of transactions yesterday, the ASI appreciated by 80.90 absolute points or 0.28 per cent to close…
13 Oct 2020
Transactions on the Nigeria Stock Exchange reopened on a negative note yesterday, occasioned by sell pressure in most blue-chip companies, causing the All-Share Index (ASI), to slip by 0.27 per cent. Yesterday, the ASI decreased by 77.82 absolute points, a 0.27 per cent fall to close at 28,337.49 points. Similarly, the overall market capitalisation lost N40…
11 Aug 2020
Renewed profit-taking in the shares of some blue-chip companies, especially Champion Breweries and Honeywell Flour Mill dragged the All-share Index (ASI) by 0.06 per cent.
23 Jul 2020
United Capital Plc has attributed the increase in profit in its unaudited result for the half-year ended June 30, 2020, to the twin effects of a strong risk management framework
28 May 2020
Despite the two day holiday declared by the Federal Government on Monday and Tuesday, to commemorate the Eid al-Fitr celebration, transactions on the Nigerian Stock Exchange (NSE), reopened bullish yesterday, occasioned by gains in most blue-chip stocks, causing market capitalisation to rise by N8billion.