UAC of Nigeria Plc (UACN) has announced plans to raise N15.4 billion fresh capital via right issue on the Nigerian Stock Exchange The company announced on The Exchange on Wednesday a right Issue of 960,432,193 ordinary shares of 50 kobo…

Nigeria has announced its official 28-man squad for the 2025 Africa Cup of Nations (AFCON), with goalkeeper Francis Uzoho and striker Paul Onuachu making notable returns, while several expected names — including Maduka Okoye and Victor…

UAC of Nigeria PLC is focusing on growth, boosting margins, and improving capital efficiency by bringing CHI Limited into the fold, with its ₦54bn EBITDA set to play a key role in the group’s 2025 value creation plan. Group Managing…

 Nigerian conglomerate UAC is seeking regulatory approval to raise 15.4 billion naira ($42.3 million) from existing shareholders and expects a stronger result for the second half of the year, the company said on Monday. The company said it…

UAC of Nigeria Plc is reaping the rewards of its acquisition of C.H.I. Limited, which has become the group’s key growth engine, driving a more than threefold surge in sales revenue to approximately ₦365 billion at the close of its half-year…

Nigeria’s fish import policy is weakening local aquaculture and slowing efforts to achieve food security, create jobs and reduce pressure on foreign exchange, according to fisheries expert Dr Olukayode Olubiyi. Speaking in an interview,…

The benefits of UAC of Nigeria’s acquisition of C.H.I. Limited last year are already becoming evident, as the conglomerate’s group profit more than quadrupled year-on-year to N13.6 billion at the close of the first quarter of 2026.…

The Nigerian Exchange (NGX) closed Tuesday's trading session on a bearish note, with market capitalisation falling to N155.2 trillion after investors exchanged 535.53 million shares valued at N36.84 billion in 55,123 deals, reflecting mixed…

Ecobank Nigeria posted strong revenue growth in 2025 but ended up in the red due to a sharp rise in impairment charges from a one-time asset quality adjustment. The subsidiary,…

UAC of Nigeria Plc reported a robust underlying performance for the fourth quarter and full year ending 31 December 2025, with revenue increasing significantly due to the transformative acquisition of C.H.I. Limited, although…