Updates

UAC of Nigeria Maintained Outperform Rating in Q4 2016

Culled—Proshare April 19, 2017/FBNQuest Research 8% increase to our price target; maintaining Outperform rating UAC of Nigeria’s (UACN) Q4 2016 sales grew 44% y/y to N26.9bn. The foods and beverages businesses were up 45% y/y, primarily on the back of a positive surprise in the Grand Cereals sales. The latter’s […]

UBA: Outperforming

L-R: Tonu Elumelu, Chairman, United Bank for Africa Plc (UBA) and Kennedy Uzoka, Group Managing Director, UBA Culled: The Nation Posted By: Taofik Salako On: April 19, 2017 In: Business, Investors United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with […]

UBA’s REDTV Sponsors Runway Jazz to Commemorate Lagos at 50

April 19, 2017/UBA RedTV REDTV a dynamic online lifestyle channel, supported by United Bank for Africa (UBA) Plc, that puts the spotlight on Africa with a distinct global appeal, has announced its sponsorship of the Runway Jazz Festival as part of events lined up for the commemoration of Lagos @ […]