UPDC Plc Announces the Retirement of its Managing Director
UACN Property Development Company Plc wishes to announce that its Managing Director, Mr Hakeem Ogunniran, will be proceeding on his preretirement leave on 01 May 2018, after serving the UAC Group for 23 years. Mr. Ogunniran was appointed the Managing Director of UPDC Plc in January 2010. The Board has appointed Mrs Adeniun Taiwo to […]
UAC Appoints New Non-Executive Directors
UAC of Nigeria PLC (UACN) has announced the appointments of Mr Folasope Babasola Aiyesimoju and Mrs Olufunke Ighodaro as Non-Executive Directors of the Company while Mr Peter Benedikt Mombaur would serve as the alternate Director to the new Directors. Mr Aiyesimoju, a finance professional, has vast experience spanning corporate finance, principal investing and private equity […]
UAC’S Statement on Warm Spring Waters Nigeria Limited
UAC hereby notifies the Exchange of the following developments relating to its 76% subsidiary based in Ikogosi-Ekiti, Warm Spring Waters Nigeria Limited (‘the company’). The company was promoted in 2002 by UAC, Ekiti State Government, Ikogosi-Ekiti Community and some private investors to produce premium quality spring water under the ‘Gossy’ label. Since it commenced commercial […]
Livestock Feeds Plc appoints new Managing Director
At the Board meeting of the Company held on Thursday, 7th of December 2017, Mr. Solomon Aigbavboa was appointed as the Managing Director of Livestock Feeds Plc with effect from 1st January 2018.Mr. Aigbavboa will take over from Mrs. Modupe Asanmo who is retiring after 10 years of meritorious service to the Company.
UAC Rewards Shareholders with N1.92 Billion Dividend Payout, Seeks to Bolster Capital Position via N15.4 Billion Rights Issue

UAC of Nigeria PLC (UAC) has rewarded shareholders with N1.92 Billion dividend payout, even as the Company seeks to bolster its capital position via a N15.4billion rights issue. Mr Dan Agbor, Chairman of UAC of Nigeria PLC in his address at the Company’s Annual General Meeting at the Golden Tulip Festac Lagos, said: “In view […]
Dan Agbor Chairs UAC Board as Mbonu Becomes Non -Executive
UAC of Nigeria PLC (UAC) has announced the appointments of Mr Dan Owor Agbor as the Chairman of the Company and Engineer (Dr.) Okechukwu John Mbonu as a Non – Executive Director following the resignation from the Board of the Company of Senator Udoma Udo Udoma and Dr Okechukwu Enelamah, both recently appointed Ministers of […]