Research Analyst Acquires 17,000 Shares in United Capital

Akinpelumi Marian, a research analyst at United Capital, purchased 17,000 ordinary shares of the company on June 22, 2026. The acquisition was executed in two separate tranches: the first tranche involved the purchase of 9,705 shares at N17.95 per share, while the second tranche consisted of 7,295 shares acquired at N18.00 per share.

The total volume of shares accumulated resulted in a weighted average price of N17.98 per share. This transaction was formally notified to the Nigerian Exchange, adhering to regulatory requirements.

The disclosure was signed by Leo Okafor, the company secretary, indicating compliance with insider trading regulations. The acquisition of shares by an investment analyst typically signals strong internal confidence in the financial institution's current business fundamentals and long-term earnings trajectory.