United Capital revenue up 71% y/y to ₦45.9bn in FY’23
United Capital’s revenue for the full-year 2023 rose by 71 per cent year-on-year to 45.9 billion naira. Looking ahead, the Group Chief Executive Officer, Peter Ashade, says the objectives for this year are centered around unlocking further opportunities for stakeholders. Ejikeme Okoli, Managing Director at United Capital joins CNBC Africa for more on the performance and outlook for this year.
Fri, 26 Apr 2024 14:06:32 GMT
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AI Generated Summary
- United Capital reports a remarkable 71% increase in total revenue for FY’23, reaching ₦45.9 billion, showcasing strong growth and performance.
- The company's strategic focus on unlocking opportunities for stakeholders and commitment to wealth creation through dividend payouts and value-driven operations.
- Insights into the impact of policy reforms, growth projections, and strategic positioning in a dynamic macroeconomic environment, exemplifying resilience and strategic agility.
United Capital, a leading financial and investment group, has reported a remarkable 71% year-on-year increase in total revenue for the full-year 2023, reaching a significant milestone of ₦45.9 billion. The Group Chief Executive Officer, Peter Ashade, has outlined ambitious objectives for the year ahead, focusing on unlocking further opportunities for stakeholders. To delve deeper into the outstanding performance and the promising outlook for the future, Ejikeme Okoli, the Managing Director at United Capital, joined CNBC Africa for an insightful discussion. Okoli shed light on the factors driving the company's success, emphasizing the strategic approach, commitment to wealth creation, and resilience in navigating the dynamic macroeconomic landscape. The interview highlighted key insights into United Capital's growth trajectory, dividend payout strategy, and strategic positioning in the market. Okoli's discussion on the impact of policy reforms, growth projections, and the firm's robust business lines provided a comprehensive overview of the company's strategic direction and focus on client-centric operations. The interview concluded with a glimpse into the exciting developments in the Nigerian power sector and United Capital's pivotal role in driving transformative initiatives. With a strong emphasis on wealth creation, client satisfaction, and strategic partnerships, United Capital continues to set new benchmarks in the financial services sector, positioning itself for sustained growth and value creation.