• Latest
  • Trending
Are Venture Capitalists interested in African Development?

United Capital records first-half year profit of N11.89bn in 2025

August 12, 2025
African startups raised $141.7 million in September 2025

African startups raised $141.7 million in September 2025

October 17, 2025
Pre-seed funding round fuels Tunisian startup PAYDAY with $3 million

Pre-seed funding round fuels Tunisian startup PAYDAY with $3 million

October 17, 2025
YouTube updates its user interface across all devices

YouTube updates its user interface across all devices

October 17, 2025
Tech companies dominate Interbrand’s 2025 Best Global Brands

Tech companies dominate Interbrand’s 2025 Best Global Brands

October 17, 2025
Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant

Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant

October 16, 2025
Spotify testing ‘SongDNA’ to show everyone behind your songs

Spotify testing ‘SongDNA’ to show everyone behind your songs

October 16, 2025
$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

October 16, 2025
Chari raises $12M, gets Morocco’s first VC-backed payment license

Chari raises $12M, gets Morocco’s first VC-backed payment license

October 16, 2025
NCBA unveils ConnectPlus to improve businesses in Kenya

NCBA unveils ConnectPlus to improve businesses in Kenya

October 16, 2025
Slack supercharges Slackbot with smarter AI capabilities

Slack supercharges Slackbot with smarter AI capabilities

October 16, 2025
Gemini AI now handles your Google Calendar meeting scheduling

Gemini AI now handles your Google Calendar meeting scheduling

October 16, 2025
Sun King, REA partner to boost access to clean energy

Sun King, REA partner to boost access to clean energy

October 16, 2025
Techpression
Advertisement
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
Saturday, October 18, 2025
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Business

United Capital records first-half year profit of N11.89bn in 2025

Oluwatosin Adeyemi by Oluwatosin Adeyemi
August 12, 2025
in Business
1 0
0
Are Venture Capitalists interested in African Development?
0
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

For the first half of 2025, United Capital Plc reported a half-year profit after tax of N11.89 billion, up 522 per cent from H1 2020 and continuing a five-year upward trend.

Its revenue for H1 of 2025 has also increased dramatically, from N4.45 billion in H1 of 2020 to N23.76 billion.

In a statement released after its investor call, the Pan-African investment bank and financial services group reported revenue appreciation of N23.76 billion as of H1’2025, a 57 per cent year-over-year increase.

Pre-tax profit increased by 52% to N13.79 billion

The group’s pre-tax profit increased by 52 per cent to N13.79 billion. Investor confidence in the group’s long-term prospects is demonstrated by the 25 per cent increase in shareholders’ funds to N166.91 billion. In response to this performance, United Capital announced an interim dividend of N5.4 billion at N0.30 per 50 kobo ordinary share.

RelatedPosts

Deloitte invites high-growth startups to apply for Tech Fast 50

Deloitte invites high-growth startups to apply for Tech Fast 50

September 29, 2025
GTCO reports N601 billion pre-tax profit in H1 2025

GTCO reports N601 billion pre-tax profit in H1 2025

September 24, 2025

HF Group reports KSh 624.3 million profit after tax in H1 2025

September 1, 2025

Airtel Uganda posts 12.3% increase in revenue for first half of 2025

September 1, 2025
Load More

Regarding this performance, Mr. Peter Ashade, Group Chief Executive Officer of United Capital Plc, stated during the Group’s Investor Call, “We are pleased to report that we ended the first half of the year on a strong and positive note.”

He continued, “Once again, we have continued our track record of excellence and strong financial performance, which reflects the strength of our diversified business model.”

He added, “Last year, we made history by declaring our first-ever interim dividend, alongside a 2-for-1 bonus issue, which our shareholders met with great enthusiasm. This year, we continue to honour our commitment by declaring another interim dividend of N5.4bn, reinforcing our dedication to delivering sustainable returns and enhancing shareholder value.”

United Capital’s commitment to expanding its footprint across Africa

United Capital remains committed to growing its retail business and expanding its African footprint. The Group is still accurately carrying out its Pan-African strategy, especially after its recent foray into Francophone West Africa.

The Group has a solid foundation and a clear strategic direction, enabling it to end the year even stronger and keep providing value to clients, shareholders, and communities throughout Africa.

About United Capital

United Capital is a financial services group based in Nigeria that offers various services, such as wealth management, asset management, and investment banking. It used to be called UBA Capital. The Nigerian Stock Exchange lists the business as publicly traded under the ticker UBCAP.ng.

According to recent reports, United Capital Plc’s impressive Q1 2025 results earned it the title Africa’s fastest-growing company for the fourth year. The company United Capital Plc is also growing in key African markets.

Tags: diversified business modelfinancial performanceH1 2025profit growthRevenue growthUnited Capital Plc
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business
  • Home
  • About
  • Contact Us
  • Advert Rate
  • Terms & Conditions
  • Privacy Policy
  • SiteMap

© 2025 Techpression

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.