United Capital Plc has reported a sharp acceleration in profitability for the first half of 2026, with pre-tax profit rising 80% year-on-year to N24.77 billion.
The Lagos-listed financial services group also announced an interim dividend of 30 kobo per share, rewarding shareholders amid a broader uptick in corporate earnings across Nigeria's listed companies.
The N24.77 billion figure represents a significant improvement from the N13.
The N24.77 billion figure represents a significant improvement from the N13.79 billion recorded in the same period last year.
This surge underscores the resilience of the firm's core operations, likely driven by increased activity in brokerage, asset management, and investment banking segments as market conditions stabilized.
The dividend declaration, while modest in absolute terms, signals management's confidence in cash flow generation and commitment to returning value to investors.
United Capital's results arrive alongside strong half-year reports from other major Nigerian corporates, including Unilever Nigeria, which posted a profit of N29.2 billion and declared a N2.00 interim dividend.