By InvestAdvocate Lagos (INVESTADVOCATE)- Financial and investment services firm, United Capital Plc said on Friday its pretax profit for the period ended December 31, 2015 grew 41.3 percent to N3.62 billion from N2.31 billion declared a year ago. Similarly, profit after tax (PAT) of the company increased 39.2 percent to […]
Tag: United Capital Plc
Bears Resurface on NSE, Halts 8-Day Rally as ASI Sheds 0.53%
By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Tuesday resurfaced on the Nigerian Stock Exchange (NSE) halting an 8-day gaining spree, following sell-offs in the Consumer and Industrial Goods spaces. At the end of today’s trading on the Nigerian bourse, the all-share index (ASI) dipped 0.53 percent to close at 25,755.01 basis […]
United Capital Plc closes US$250 million pre-payment facility deal with Orion Oil
January 8, 2016/United Capital Plc United Capital Plc has made one of the largest transactions structured by an African bank in 2015. Last December, the investment bank achieved a US$250 million Tranche One Crude pre-payment facility for the Democratic Republic of Congo-based Orion Oil. The facility will run for a […]