Firm Targets 12 African Countries As Assets Under Management Cross N2trn

United Capital Plc has planned to deepen its expansion across 12 African countries and strengthen its retail business after Assets Under Management exceeded the N2 trillion mark.
The Group chief executive officer, Peter Ashade stated this at the company’s Investor Relations Roundtable held in Lagos.
Ashade said the company has transformed 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 were below N100 billion when he assumed office in July 2018. The group exceeded its initial N1 trillion target in 2022 and has now risen above N2 trillion.
“Th...