NewsDirect

NewsDirect

UAC of Nigeria reports N3.93bn profit in 2020

UAC of Nigeria Plc has reported N3.93billion profit in 2020 audited results for period ended December 31, 2020 from a loss of N9.3billion reported in 2019. The company’s reported profit before tax of N5.12billion in 2020, 31 per cent decline…

Foreign reserves drops by $177.7m in March

The Central Bank of Nigeria (CBN) has said the nation’s foreign reserves dropped by $177.million or 0.51 per cent in March to $34.82billion from $34.99billion it opened in the month under review. In 2021, the foreign exchange buffer dropped by…