UPDC Archives - National Wire

Champion Breweries Plc Projects Fivefold Revenue Growth As Bullet Deal Reshapes Beverage Market

September 22, 2025 0

Speaking at its “Facts Behind the Figures” session on the NGX Nigerian Exchange (NGX) in Monday, Champion Breweries Plc (“Champion” or “the Company”) projected more than a five-fold increase in revenue and over ten times growth in profit after tax following the acquisition of Bullet, Nigeria’s No. 1 ready-to-drink (RTD) alcoholic brand.

FG’s N330bn Poverty Payment Claim: Is It Fact or Fiction?

September 21, 2025 0

When the Federal Government announced with much fanfare that it had disbursed a colossal N330 billion in cash transfers to poor Nigerians, I paused, not in celebration, but in disbelief. Where, exactly, is the evidence of this money?

After 60 Hours Nationwide Operations: Army Arrest 64 Suspects, Kills Four Terrorists

September 6, 2025 0

Determined to enthrone a peaceful society for business to thrive, the Nigerian Army's nationwide operations, have recorded major gains as four terrorists were killed while 64 criminal suspects were arrested.

“How I Was Dehumanized, Choked Until Blood Gusted Out From My Ears”

September 6, 2025 0

In this chilling but fierce interview, Olivia (her pseudo name for security reasons) explains to Okosun Dennis, Nationalwire, her narrow escape from the jaws of death orchestrated by her husband, who desperately wanted her dead.

Shareholders Frown At UPDC’s 1kobo Dividend Paid For 2024 Financial Year

May 16, 2025 0

Majority of shareholders at the 10th Annual General Meeting Of UPDC on Wednesday expressed displeasure over a One Kobo dividend paid by the company in the 2024 financial year.

UPDC Reaps Benefits Of NSE’s Resilience With Listing Of 16BN Rights Issue

June 2, 2020 0

UACN Property Development Company Plc (UPDC) has become yet another beneficiary of The Nigerian Stock Exchange’s (NSE or The Exchange) commitment to provide continued access to capital even in the face of COVID-19. The company successfully listed its N16 Billion Rights Issue of 15,961,574,145 Ordinary Shares of 50 kobo each at N=1.00 per Share on the NSE platform on Tuesday, 2 June 2020.

UPDC repositions business operations to enhance profitability

May 25, 2017 0

The Chairman of UACN Property Development Company (UPDC) Plc, Larry Ettah has stated that the company is repositioning the business to enable it deliver better returns to stakeholders and improve performance. Ettah, stated this while addressing shareholders at the company’s yearly general meeting held in Lagos. He noted that the Nigerian real estate sector is one of the significant drivers …