Preheat your oven to 350°F (175°C). Grease a loaf pan.
In a mixing bowl, combine the flour, sugar, baking powder, baking soda, and salt.
Stir in the chopped nuts.
In another bowl, whisk together the milk, egg, and vegetable oil.
Add the wet ingredients to the dry ingredients and stir until just combined.
Pour the batter into the prepared loaf pan.
Bake for 60 minutes or until a toothpick inserted into the center comes out clean.
Let the bread cool in the pan for 10 minutes, then transfer to a wire rack to cool completely.