United Capital's annual profit jumps 44% to five-year high, hits N11 billion
The dealmaker’s stronger earnings performance drew support from a substantial growth in its asset.
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The dealmaker’s stronger earnings performance drew support from a substantial growth in its asset.
Pre-tax profit came to N7.1 billion, relative to the N4.1 billion recorded in the corresponding period of last year.
The Chartered Institute of Bankers of Nigeria (CIBN), Lagos State chapter has stated that new technology trends will reshape the
United Capital’s Sukuk Fund has grown to over N1.5 billion after about a year when the fund was launched. The Group Chief Executive Officer of United Capital Plc, Mr. Peter Ashade, disclosed this Thursday in Abuja during the re-launch of the Sukuk Fund, an Islamic capital market fund. He said the product has done well […]
Nigerian Exchange Limited commemorated the listing of Nova Merchant Bank Plc’s N10billion Bond with a digital Closing Gong ceremony. The bond listed is the NOVAMBL Investments SPV Plc N10billion Series I, 7-year 12percent subordinate unsecured fixed rate bond due 2027 under the company’s N50billion Bond Issuance Programme. Speaking at the ceremony, the Divisional Head, Listings Business, NGX Limited, Mr. Olumide Bolumole said, “We are delighted to commemorate the listing of Nova Merchant Bank’s debut listing of its N10Bn Bond which was oversubscribed by 300%. The success of the Bond i...