United Capital Plc has released its unaudited financial result for the half-year (H1) period ended June 30, 2020. Highlights of the result at the Nigerian Stock Exchange (NSE) show revenue of N4.45 billion in H1 2020, compared to N3.24 billion in H1 2019, representing 37 percent year-on-year (YoY) increase. Operating Income of N4.10 billion in […]
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Africa to rebound from pandemic slump in 2021 but damage done: AfDB
Africa has so far largely been spared the rampant infections and heavy death tolls seen in Europe and the United States. Its hardest-hit nation, South Africa, has recorded around 200,000 cases of COVID-19 and just over 3,100 deaths. African economies, however, have not been immune to the pandemic’s global shockwaves, with oil exporters such as […]
