UACN

UAC of Nigeria Plc has overwritten its net loss position in the first quarter with a finance income of N3.9 billion plus an increase of close to N4 billion in sales revenue in the second quarter. The two favourable developments have…

The nation’s bourse on Wednesday sustained its bearish performance for the third consecutive trading day, with the market indicators dropping further by 0.10 per cent. Specifically, the All-Share Index which opened at 42,043.79 dipped…

The Board of Directors of UAC of Nigeria Plc has appointed Nkem Agboti as its new Company Secretary starting from January 1st 2021. UAC in a statement by its Group Managing Director, Folasope Aiyesimoju, disclosed that she replaces…

The volume of shares traded on the Nigerian Stock Exchange (NSE) on Wednesday improved by 148.13 per cent with an exchange of 383.29 million shares worth N3.89 billion in 3,860 deals. This was in contrast with a total of 154.47 million…

UAC of Nigeria Plc is building back to profit this year after two preceding years ended in big losses. The conglomerate closed the first quarter trading with after-tax profit jumping a clear 87 percent to N1.9 billion. The upturn reflects…

With the increasing number of Covid-19 cases and the weak economic conditions, the last week in June will be characterised by weak markets sentiment that will force investors to strengthen position on prized stocks. Activities on the…

ISMAIL MUSA The NSE All- Share-Index upward trend was halted midweek as market closed negative. GTBank, FBNH maintained their strong hold in top activity chart, as investors remained upbeat on their shares. The NSE ASI posted 0.47…

Umoru Abdulkadir UAC Nigeria Plc has appointed Karl Olutokun Toriola as its new Non-Executive Director. The appointment which took effect from January 1, 2020 was announced Friday by the Company’s Secretary and Legal Adviser, Mr.…

UAC of Nigeria Plc one of the foremost conglomerates in Nigeria closed the third quarter operations last September with a bigger loss than it posted at the end of 2018. Net loss climbed from N9.6 billion at the end of 2018 to roughly N13…

Umoru Abdulkadir The Nigerian Stock Exchange trading activities closed in the negative territory on Thursday, as it declined by 0.30 per cent to reverse previous day’s gain closing lower at 26,584.45 points. Today’s downturn was…