UAC

UAC increases prices amid inflation crisis

By Esther Agbo In response to Nigeria’s persistent inflationary pressures, United African Company (UAC) has raised its product prices by 75 percent to 100 percent, a move aimed at protecting its profit margins, according to the company’s Group Managing Director,…

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…