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United Capital Optimistic of Growth in Nigerian Capital Market
['Ejiofor Ezeifeoma', 'Please Enter Your Name Here', 'Nancy Osuji']
Voice of Nigeria Broadcasting Service
The Nigerian capital market is entering a decisive new phase, anchored by a sovereign rating upgrade, a faster stock settlement cycle and renewed recognition from global index compilers.
This expression of optimism came from authorities of United Capital Plc during its maiden edition of INVESTOR RELATIONS Roundtable held in Lagos under the theme “Decoding Performance: Insights into United Capital’s Growth Drivers and Outlook.”
Ashade said the performance was marked by sustained growth in gross earnings, strong profitability, and continued momentum across United Capital PLC’s businesses.
United Capital also singled out pension reform as a structural catalyst for the domestic market, noting that regulatory changes could pull significant fresh capital into equities.
We plan to also close out major deals/Transactions to grow Fee income whilst aggressively driving growth and performance of the mutual funds.”