UBA Capital Plc has reported a profit before tax of N617bn for the first quarter ended March 31, 2013. The company’s profit, which stood at N198bn in March 2012, rose by N419bn or 211 per cent to N617bn in the period under consideration. Its result released to the Nigerian Stock […]
Author: InvestAdvocate
MPC May Maintain Tight Monetary Stance on Crude Oil Volatility
There are strong indications that the Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee (MPC), which commences its 232nd meeting today will leave all its monetary policy tools unchanged at the end of the two-day meeting. This, according to findings by THISDAY, would be based on the continued volatility in […]
NIGERIA INFLATION AT 9.1%, GDP 6.56%, INTEREST RATE 12%: WHAT NEXT FOR THE ECONOMY?
Nigeria’s inflation rate in 2013 continues to be below 10 percent for the fourth month in a role. According to the numbers coming from The National Bureau of Statistics (NBS), the 2013 April inflation rate stood at 9.1 per cent, much higher that of March 2013 which was 8.6 percent. […]
