Tag: peter ashade

United Capital CEO on earnings, COVID-19 impact on Nigerian economy

The Group CEO of United Capital, Peter Ashade, says the Nigerian economy has been greatly affected by the COVID-19 pandemic as seen in the increasing depreciation of the exchange rate, inflation rate and other economic indicators. Ashade made this remark while commenting on the company’s earnings which saw a 16 per cent increase in Profit-After-Tax in the first half of the year. He joins CNBC Africa for more.