Global Economy: Positive outlook buoyed by strong EM growth As economic activities gain momentum and commodity prices recover from their troughs in 2016, consensus estimates see scope for an improvement in global econom-ic growth in 2017. Global trade volumes are expected to rise 4.0% in 2017 and 3.8% in 2018 vs. an estimated 2.5% in 2016*. […]
Lagos, Nigeria, 12, July, 2017- United Capital Plc, one of Africa’s leading Investment Banking Group has reported a Gross Earnings N3.87 bn (6% increase) and Profit After Tax of N2 billion (3% decrease year on), for the first half of 2017. Despite the slowdown in economic activities over the last 18 months and inflation averaging […]
Lagos, Nigeria, 19, June, 2017 – After a successful public offer of the United Capital Wealth for Women Fund and the United Capital Nigerian Eurobond Fund earlier this year, United Capital Asset Management has officially listed its two new funds on the Nigerian Stock Exchange. The firm also capped off the momentous occasion by sounding […]
Lagos, Nigeria, 17 March 2017 – United Capital Plc a leading African investment banking group, held its Annual General Meeting at EKO Hotels and declared a 50 kobo dividend to shareholders. Despite the economic recession recorded in the country last year, the shareholders of United Capital commended the company for an impressive 2016 full year […]
Lagos, Nigeria, 22 February, 2017 – United Capital Plc, a leading Investment Banking Group in Africa, announces 2016 full year earnings of N9.00 billion, up from N6.15 billion in 2015, representing a 46% increase from the previous year. Profit Before Tax grew to N6.37 billion in 2016 from N3.27 billion in FYE 2015, representing a […]
In United Capital’s 2016 full year results, the company reported a 155 per cent increase in earnings per share to 115 kobo in 2016 from 45 kobo in 2015 and announced a dividend of 50 kobo per share. Sunny Anene, Group CFO, United Capital joins CNBC Africa to unpack the numbers.
Lagos, Nigeria, 8, February 2017 – United Capital Plc one of Africa’s leading investment banking group, hosted its Annual Investors forum in Lagos, Nigeria which featured a panel discussion on the 2017 economic outlook for Nigeria. The forum brought investors, shareholder and business leaders together for an in-depth analysis of the current economic climate of […]
United Capital launched a Nigerian Eurobond Fund and Wealth for Women Fund yesterday aiming to meet the diversified investment portfolio needs of indigenous and global clients. Jude Chiemeka, MD, United Capital Asset Management joins CNBC Africa to discuss investor appetite for this fund in the current economic recession.