UACN achieves 74% revenue growth to N343.4 billion

United Africa Company of Nigeria (UACN) has reported a significant 74% increase in its revenue, reaching N343.4 billion.

United Africa Company of Nigeria (UACN), a major conglomerate, announced a robust financial performance with revenue surging by 74% to N343.4 billion. This growth highlights the company's strong operational results in its diverse sectors. The figures were disclosed in a recent report, underscoring UACN's resilience in the Nigerian business landscape. No further details on specific contributors to the growth were provided in the available information.

Makala yanayohusiana

Celebratory scene at Nigerian Stock Exchange as market cap reaches N100 trillion milestone.
Picha iliyoundwa na AI

Nigerian stock market capitalization hits N100trn on reforms

Imeripotiwa na AI Picha iliyoundwa na AI

The Nigerian stock market has reached a capitalization of N100 trillion, driven by reforms and collaboration. This milestone highlights strong performance in 2025 for the nation's financial markets.

The stock market declined by 0.05% due to profit-taking in UACN and 22 other stocks.

Imeripotiwa na AI

The Cooperative Bank of Oromia saw strong deposit growth outpacing competitors in the 2024/25 financial year. However, net profit dipped slightly to 1.56 billion birr from 1.61 billion birr the prior year, highlighting challenges in profitability.

Nigeria's external reserves have risen 10.8% year-over-year to $45.28 billion. This growth reflects strengthening foreign exchange buffers.

Imeripotiwa na AI

Banks operating in the Egyptian market recorded net profits of EGP 433.772bn in the third quarter of 2025, up from EGP 274.938bn in the second quarter, according to data from the Central Bank of Egypt. The CBE's latest report stated that net interest income reached EGP 766.842bn, while net operating income rose to around EGP 1.022trn.

Globacom is playing a key role in shaping the framework for Nigeria's economic renewal, as highlighted in recent discussions.

Imeripotiwa na AI

President Bola Tinubu presented the N58.47 trillion 2026 appropriation bill to a joint session of the National Assembly on December 19, 2025, as scheduled, following its endorsement by the Federal Executive Council earlier that day.

Jumatano, 21. Mwezi wa kwanza 2026, 19:16:33

South Sudan expected to lead Africa's fast economic growth in 2026

Jumamosi, 10. Mwezi wa kwanza 2026, 05:40:33

Akobo Minerals reports first profit, targets higher production by 2026

Alhamisi, 8. Mwezi wa kwanza 2026, 11:33:19

Intra-African trade hits $220.3 billion but AfCFTA rollout lags

Jumatano, 7. Mwezi wa kwanza 2026, 14:21:20

Tume ya Maadili na Kuzuia Ufisadi inarudisha mali bilioni 43 za kushika

Jumanne, 6. Mwezi wa kwanza 2026, 16:46:31

Businesses bet on stronger naira as confidence builds into 2026

Ijumaa, 2. Mwezi wa kwanza 2026, 14:37:43

Abay Bank surges on currency gains and rapid growth

Jumatano, 31. Mwezi wa kumi na mbili 2025, 00:13:44

Demand for BUA Foods lifts Nigerian stock market by 0.42%

Jumanne, 23. Mwezi wa kumi na mbili 2025, 07:53:51

Uba advances literacy through national essay competition

Jumanne, 16. Mwezi wa kumi na mbili 2025, 12:46:28

Public enterprises achieve $1bn exports and 20% revenue growth in FY 2024/25

Alhamisi, 11. Mwezi wa kumi na mbili 2025, 03:44:24

Amhara bank returns to profit as growth accelerates

 

 

 

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa