Page 11 - Peter Ashade News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Turnover lifted from N8.592 billion to N12.874 billion on the back of simultaneous growth in investment income, fee and other...

The Chief Executive Officer, United Capital Plc, Peter Ashade, has purchased an additional one million units of the company’s shares, worth N5.17 million. The information is contained in a notification sent to the Nigerian Stock Exchange (NSE) and signed by the Company’s Secretary, Leo Okafor. The breakdown of the transaction which occurred on 14th of January 2021, showed that the shares were sold at N5.17 per unit of shares. Ashade, on 3 November 2020, purchased 2,100,000 units of the firm’s shares worth N8.55 million, spread across two deals. He has spent a combined sum of N13,718,800...

  As investors’ confidence is gradually returning to the Nigerian capital market despite the lull in economic activities, the United Capital Plc, leading fund manager in Nigeria has recorded another landmark with the launching of the nation’s first designated mutual fund for N1.0 billion Sukuk Fund. United Capital Asset Management Limited, a member of United Capital unveiled Nigeria’s maiden Sukuk fund with United Capital Sukuk Fund. The company is raising N1 billion as initial target size of the open-ended mutual fund, which implies that investors can continue to buy into the fund as ...