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Weaker than expected returns push UACN to 15-year low

UAC Nigeria

Shares of UAC of Nigeria (UACN) Plc, one of Nigeria’s largest and oldest business conglomerates, are down to their lowest levels in more than 15 years as the company’s unimpressive financial performance continues to weaken investor sentiment. Despite gaining o.58 percent to close at N8.65 per share Friday, the stock is hovering around its cheapest…

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