Tags: Mrs Tomi Somefun

Unity Bank Posts N36.18 Billion Gross Earnings in Nine Months; Records 23% Growth in Profit

Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18Billion for the nine-month period ended September 30, 2021, and a 23% growth of PAT totalling N1.94Billion for the same period. A review of the unaudited results for the 3rd Quarter of 2021 released to the Nigerian Exchange Group Limited showed that the Bank’s gross…

Unity Bank Boosts Capacity Building on Blue Economy, Empowers 3,000 Girls

No fewer than three thousand girls drawn from Senior Secondary Schools across Nigeria have benefitted from a 3-day capacity building initiative on maritime commerce and National Virtual Maritime Quiz powered by Unity Bank Plc. The capacity building initiative, which focused on Information Communication Technology, ICT, maritime transportation and logistics ecosystem, was hosted by Ocean Ambassadors…

Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021

  Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020. A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender showed notable improvement across key financial matrices.…

CBN May Nationalise Ailing Unity Bank as Talks With Investors Fail

The Central Bank of Nigeria (CBN) may nationalise ailing Unity Bank Plc over its troubled and unhealthy state, in its bid to save depositors and shareholders’ funds. This follows the apex bank’s target examination which shows that the lender is in grave financial condition with its capital adequacy ratio (CAR) and non-performing loans ratio (NPL)…

PHOTO NEWS: NSE Management Visits Unity Bank

The Management of Nigerian Stock Exchange, NSE, recently made a courtesy call to one of the leading financial institutions in Nigeria, Unity Bank. During the visit, the management of NSE met with management of Unity Bank at its new head office in Lagos. MD/CEO of Unity Bank, Mrs Tomi Somefun, was on ground to receive…