18

Jul

United Capital boosts half year profit by 41.19% to N4.4bn

United Capital Plc in its published Second Quarter report for the period ended 30 June 2022 achieved significant growth in its top line and bottom line figures. The Group reported Gross Earnings of N9.11 billion for the six months, up by 32.93% from N6.85 billion reported the previous year. Profit after tax grew by 41.19% to N4.436 […]

18

Jul

Stock market advances, returns 1.28% WtD

The Nigerian stock market closed higher last week, driven by 10% gain in the price of Airtel Africa and other 19 stocks that appreciated in their prices, week on week. The All Share Index and Market capitalization soared by 1.28% to settle at 52,215.12 and N28.158 trillion respectively. An aggregate of 504 million units of shares were[…]