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UAC NIGERIA
United African Company of Nigeria (UAC) has announced the appointment of Khalifa Adebayo Biobaku, a seasoned finance and investment expert, as the new Chairman of the Board.
The Group Managing Director of United African Company (UAC), Fola Aiyesimoju has stated that the company has had to increase prices by on average 75% to 100% to sustain profit margins.
Amid these turbulent economic conditions, Nigerian conglomerates have showcased resilience and adaptability.
The transition to profitability, coupled with the proposed dividend is expected to potentially improve overall returns, providing investors with a ray of hope.
Shareholders of UAC Nigeria Plc will receive a dividend of N643.749 million for the financial year ended December 2023, representing a total dividend of N0.22 kobo per share declared by the conglomerates.
UPDC has submitted an application to the NSE for the approval and listing of a Rights Issue of 15,961, 563, 260 ordinary shares.
UAC of Nigeria Plc has outlined strategic plans that are expected to drive growth while addressing the issue of dwindling profitability.
In a notice sent to the Nigerian Stock Exchange (NSE) in February this year, UAC of Nigeria Plc...
UAC of Nigeria PLC has released its financial statements for the year ended December 2017. The report shows...
Born on the 8th of November 1960, Mr Abdul Akhor Bello is poised to take over the helm of...