Unity Bank
9 Sep
Unity Bank Plc. has projected gross earnings of N27 billion and a profit after tax of four billion Naira for the fourth quarter of 2024. READ ALSO:Unity Bank leads digital literacy, youth innovation This is contained in the bank’s latest earnings forecast sent to the Nigerian Exchange Group (NGX Group) on Monday.…
23 Aug
In line with its commitment to supporting youth empowerment and technological innovation, and creating opportunities for Nigerian youths to thrive in the digital economy, Unity Bank Plc has held a high-impact webinar to explore the role of digital technology in sustainable development.
7 Aug
The Central Bank of Nigeria (CBN), yesterday, extended a financial lifeline to struggling Unity Bank Plc and gave clearance for its planned merger with Providus Bank Limited in what is seen as a potential end to end of months of apprehension over the fate of the lender. The approval came after months of speculation on…
6 Aug
The Central Bank of Nigeria (CBN) has granted approval for the proposed merger between Unity Bank Plc and Providus Bank Limited. CBN’s spokesperson, Sidi Ali Hakama, disclosed this in a statement on Tuesday evening. READ ALSO:EXPLAINER! Fitch Ratings: Is Dangote Industries going bankrupt? Hakama said this strategic move is designed to bolster the stability of…
10 Jun 2024
Retail lender Unity Bank Plc has projected a profit after tax of N5.2 billion in the third quarter of the year. This was contained in its earnings forecast released to the Nigerian Exchange Ltd. (NGX) on Monday. The lender projected a pre-tax profit of N5.7 billion while targeting a turnover of N26.93 billion in gross…
5 Jun 2024
The Central Bank of Nigeria (CBN) has dismissed a report circulating that it plans to revoke the licences of additional banks, following its recent regulatory action against Heritage Bank Plc. Online reports had claimed the apex bank would terminate the licences of Unity, Polaris, and Keystone banks. However, CBN, in a statement on Tuesday through…
28 Mar 2024
Over five million Nigerian women entrepreneurs have so far benefited from over N500 million facility put in place by the Association of Nigerian Women Business Network (ANWEN) to boost their businesses.
19 Mar 2024
Statistics have shown that out of every 10 tech professionals, only three are women. Globally, women continue to be underrepresented in tech roles, comprising only a fraction of the workforce. Recognising this disparity as a barrier to progress in the tech ecosystem, SkillPaddy, a leading platform driving productivity and easier access to tech skills training,…
8 Mar 2024
In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs, Nigerian retail lender, Unity Bank Plc, has increased the prize money for winners of its flagship entrepreneurship development initiative known as Corpreneurship Challenge, to N16 million per stream.
Latest
5 mins ago
…Tope Alabi, Mercy Chinwo, Others to Minister in Ibadan The Global Lead Pastor of Global Harvest Church, Pastor Victor Adeyemi, Tuesday, called on faith-based organisations in the country to support the government in tackling hunger in the country. Adeyemi argued that the government alone could not do everything, stating that all organisations that represent God…
9 mins ago
The Police in Ekiti on Tuesday, arraigned five men before an Ado-Ekiti Chief Magistrates’ Court over alleged assault. The defendants; Mayowa Ajayi, 52, Taiwo Ajayi, 19, Kehinde Ajayi, 19, Ajayi Oluwaseyi, 34, Ogunsakin Ayomide, 15, are standing trial on a one-count charge of assault. The prosecutor, Insp Akinwale Oriyomi, told the court that the defendants…
23 mins ago
The House of Representatives Committee on Foreign Affairs has faulted the allocation of only N286 million to administer Nigeria’s 109 missions abroad. Chaired by Mr Wole Oke, the committee objected to the Federal Government's envelope budgeting system, saying it is not in line with extant provisions of the law. Documents submitted by the Federal Ministry…
24 mins ago
A Federal High Court in Abuja on Tuesday, ordered the release of Bashir Hadejia, an aide to the Minister of State for Defence, Bello Matawalle, while he was Governor of Zamfara, unconditionally. Justice Emeka Nwite, in a judgment, described Hadejia’s arrest and subsequent detention since Aug. 12, 2024, without being charged to court, as unlawful…
31 mins ago
The National Assembly Joint Committee on Livestock Development has expressed concern over the N11.8 billion allocated for the Federal Ministry of Livestock Development in the 2025 budget, deeming it insufficient for the ministry's proper takeoff. The committee has directed the Minister of Livestock Development, Mr. Idi Maiha, to prepare a supplementary budget that aligns with…
37 mins ago
Spain's national police arrested Sevilla defender Kike Salas on Tuesday according to Spanish media, with the player alleged to be involved in an illegal betting scandal which benefitted people close to him. A court in Moron de la Frontera in the province of Seville opened an investigation into the player and two other young men…
50 mins ago
Kaduna Governor, Uba Sani, has expressed his commitment to a bottom-up approach towards addressing security challenges and strengthening the ongoing peace process in the state. According to him, the present approach to curbing insecurity takes cognizance of the peculiar problems of each of the 23 local government areas instead of a blanket approach to solving…
56 mins ago
No fewer than 32 suspects have been arrested by operatives of the Ondo State Police Command over their alleged involvement in the communal clash that occurred at Iwaro in the Akoko South West Local Council of Ondo State. Two people were killed on Monday in the communal clash that rocked the community, involving three-quarters over…
56 mins ago
Members of the Joint Senate and House Committee on Livestock Development have urged the Minister of Livestock Development, Idi Muktar, to leverage his new ministry to address the perennial problem of farmers/herders crisis in the country. The lawmakers told the minister that Nigerians were looking up to the ministry to develop the livestock sector in…
1 hour ago
The Kebbi Pilgrims Welfare Agency has fixed 5th February 2025 as the new deadline for the registration of intending pilgrims for this year's Hajj from the state. This is contained in a press statement signed by the Kebbi State Executive Chairman of the Pilgrims Welfare Agency, Faruk Aliyu Yaro, Jagaban Gwandu, and made available to…