Category: Economy

UBA sustains strong performance, grows 9 months profit by 33%

African Subsidiaries’ contribution increases to 40% Pan African financial institution, United Bank for Africa (UBA) Plc has announced its unaudited third quarter financial results ended September 30, 2017, showing remarkable performance across key financial indicators. …

CBN injects fresh $195m into currency market

Nigeria’s central bank said on Tuesday it had injected $195 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. The bank said it had released $100 million earmarked …

Nestlé Milo introduces new beverage

In its continued quest for the wellbeing of Nigerians, Nestlé Nigeria has introduced a product, MILO energy food drink in a Ready-to-Drink (RTD) format to meet the nutrition needs of active children in a convenient …

Nigeria annual inflation drops to 16.01%

Nigeria records highest increases in clothing materials Annual inflation drops by 0.04 per cent The annual inflation in Nigeria slowed for a seventh month in August, easing to 16.01 per cent, the National Bureau of …