ThisDay· 1h ago· 1 min read
Kayode Tokede
United Capital Plc has announced plans to deepen its expansion across 12 African countries and strengthen its retail business after its assets under management exceeded N2 trillion mark. .
The announcement was made by Group Chief Executive Officer of United Capital, Peter Ashade at the company's Investor Relations Roundtable held in Lagos.
United Capital had disclosed that it recently acquired a five per cent stake in Nigerian Exchange Group Plc (NGX) as part of its long-term investment strategy and has expanded its operations into 12 African countries, including Rwanda and Ethiopia.
Ashade, said the company has grown from a capital market operator into a diversified financial services group with seven operating businesses and two associate companies since 2018.
According to him, assets under management, which were below N100 billion when he assumed office in July…
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