The Board of UAC of Nigeria Plc has announced the appointment of Dr. Vitus Ezinwa as the Group Human Resources Director. Ezinwa is a seasoned business manager and human resource professional with experience gained in leading multinational corporations. He holds a Bachelor’s degree in Sociology/Anthropology from the University of Nigeria Nsukka, MBA in Management from […]
Read More UAC of Nigeria Plc recently announced the appointment of Dr. Oladele Ajayi as the Managing Director of UAC Foods Limited, a joint venture company between UACN and Tiger Brands Limited of South Africa. Ajayi holds a PhD in Mechanical & Process Engineering from the University of Strathclyde, United Kingdom and an alumnus of the Advance […]
Read More The Chairman, UAC of Nigeria Plc, Mr Dan Agbor, has said the company is being repositioned to meet current challenges and take advantage of opportunities in the economy to drive profitable growth. Agbor, who spoke at the company’s Annual General Meeting in Lagos, told shareholders, “The 2018 financial year is a transitional year, in which […]
Read More Nigeria’s largest and oldest conglomerate, UAC of Nigeria (UACN) Plc is scheduled to close the application list for its ongoing ₦15.4 billion rights issue this Friday, giving shareholders some 48 hours to pick their rights. UACN is raising ₦15.36 billion through a rights issue of 960.43 million ordinary shares of 50 kobo each at ₦16 […]
Read More With 10 subsidiaries in key sectors of the Nigerian economy, Nigeria’s largest and oldest business conglomerate, UAC of Nigeria (UACN) Plc will consider new acquisitions and mergers to further optimise the values of its existing businesses and take advantage of emerging opportunities in other sectors. In a circular outlining the operational philosophy of the conglomerate […]
Read More UAC of Nigeria Plc’s bid to bolster its working capital and recapitalise the other subsidiaries within the Group to receive a major boost, yesterday, following shareholders approval of ₦15.4 billion Rights Issue proposed by the Board of Directors. The shareholders also approved the ₦1.92 billion dividend, which translates to ₦1.00 per ordinary share of 50 […]
Read More portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, says its current move to restructure its operations will drive further growth and enable it to deliver better value to all stakeholders. The Chairman, Portland Paints, Mr. Larry Ettah, in his address at the company’s Annual General Meeting held in Lagos on […]
Read More UAC of Nigeria (UACN) has opened application lists for supplementary capital raising for two of its subsidiaries-Livestock Feeds Plc and UACN Property Development Company (UPDC), as the conglomerate launched a major bid to recapitalise its businesses. Livestock Feeds is seeking to raise about N750 million new equity funds from existing shareholders. Livestock Feeds is offering […]
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