United Capital Plc wins 2022 Sectorial Leadership Award
United Capital Plc has won the Sectorial Leadership – Financial Services (other Financial Institutions) award at the Performance Earnings and Returns Leadership (PEARL) award. PEARL Awards is one of Nigeria’s foremost recognition bodies, focused on rewarding corporate excellence in local institutions and promoting healthy competitiveness among quoted companies through growth, diversification and innovation, […]
United Capital Plc 9months Financial Highlights
United Capital Plc Reports N7.72bn Profit in Nine Months
With about 28% increase in earnings, United Capital Plc has announced N7.72billion profit after tax in nine months ended September 30, 2022, representing an increase of 29% Year-on-Year (YoY) growth from N5.97billion reported in nine months of 2021. In its unaudited result and accounts for nine months submitted on the Nigerian Exchange Limited (NGX), […]
2022 Customer Service Week – Celebrating Service at United Capital
Annually, the world takes out one week to celebrate Customer Service. This year’s theme was “Celebrating Service”. We took the theme to heart by recognising and celebrating staff for their outstanding customer service delivery. Earlier in the week, we had all staff vote for their most customer-centric colleagues across the group. On Friday, […]
Neveah issues N3.99 billion series 5 commercial paper
Neveah Limited, a commodity trading company dealing in the export of solid minerals and agricultural products, has announced the completion of its Series 5 Commercial Paper Issuance. The issuance was subscribed to by investors, including asset managers and trustees. In addition, the issuance received the approval of FMDQ Securities Exchange Limited. According […]
Half year 2022: United Capital maintains consistent earnings growth despite spiralling operating costs
Over the past five years, UCAP’s earnings have grown significantly at an average of 23% per year. In FY 2021, earnings grew by 44.14% to N11.259 billion from N7.811 billion in 2020FY. This represents a robust net profit margin of 62% achieved on the back of revenue growth of 40.32% buoyed by impressive growth in […]
Trust and Obey – a guide to securing your child’s future
Trust is the bedrock of obedience. If you want someone to obey you, that person must trust that you are acting or have acted in his/her best interest, one way or another. As a Parent/Guardian, how would you build that trust? How would you ensure that there is no doubt in the mind of your […]
How to hedge your portfolio from inflation
How to hedge your portfolio from inflation The issue of high inflation is nothing new to Nigeria. In fact, since February 2015, the country has maintained an inflation rate above 10%, causing a significant decrease in the purchasing power of the Naira. Within living memory, the average cost of a bottle of Coca-Cola was N50, […]
NGX Reclassifies United Capital Plc from Low Price Stock Group to Medium Price Stock Group
NGX notified of the reclassification of United Capital Plc from the Low-Priced Stock Group to the Medium-Priced Stock Group, in line with The NGX’s Pricing Methodology framework. Equity securities of Quoted Companies on The Exchange (NGX) are classified into three Stock Price Groups or Categories – High-Priced, Medium Priced, and Low-Priced Stocks, based on their […]
United Capital hosts Pan African e-Conference
In furtherance to its organizational objectives to expand its pan african footprint, United Capital Plc will on Friday, June 26, 2020 organize its first Pan African e-conference aptly titled “Fostering Innovative Cross-Border Financing Solutions in Africa“ The session which will hold via zoom and streamed on the company’s YouTube channel is billed to discuss the […]