Unity Bank

Unity Bank Grows Gross Earnings To N27.5bn In H1’2023

Unity Bank Plc, a leading retail lender, announced impressive financial results for the first half of 2023, with a significant increase in gross earnings and deposits. The bank’s performance, despite challenges posed

Emmanuel Ochayi

1 year ago

Business·Latest News

Unity Bank’s N38.9 Billion Loss Amid Forex Revaluation, Eyes Recapitalization

Unity Bank Plc, backed by the Asset Management Corporation of Nigeria (AMCON), has reported a staggering net loss of N38.9 billion for the first half of this year. This comes as a

Emmanuel Ochayi

1 year ago

Business·Markets

Stock Market Gainers Earn N71.94bn, Unity Bank, Cutix Among Losers’ List

The gainers in the stock market on Monday, 26 June, pocketed N71.94 billion, as the Nigerian bourse capitalisation increased from N32.23 trillion to N32.30 trillion. The All-Share Index grew by 129.25 basis points to

Fakoyejo Olalekan

1 year ago

Business·Markets

Universal Insurance, Unity Bank, Other Investors Gain N10bn From Stock Trading

About N10 billion was gained by investors in the Nigerian stock market on Monday. This pushed the market capitalisation to N32.13 trillion, from Friday’s N32.12 trillion. Also, the All-Share Index moved up

Fakoyejo Olalekan

1 year ago

Business

CBN Fines Unity Bank N8 million, Net Profit Drops By N2.23 billion

The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) fined Unity Bank N17 million for breaching their regulations. Unity Bank was fined N8 million by the central bank

Fakoyejo Olalekan

1 year ago

NGX: Market Sees Bearish Turn In 2024 As ASI Plunges By 1.4%

Business·Markets

Stock Market: Over N35.19 billion Lost, As Sell Off Sinks NGX Group, Unity Bank, Others

Nigerian equity market depreciated by -0.13% on Friday, causing a loss of N35.19 billion in the market capitalisation, which fell to N26.68 trillion, from N26.72 trillion. This followed the 65.24 basis points

Fakoyejo Olalekan

2 years ago

Business·Finance & Economy·Latest News

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

Unity Bank, under the leadership of Oluwatomi Somefun, has been sanctioned for failing to comply with the rules of the capital market authority, the Nigerian Exchange Limited (NGX), relating to release of

Fakoyejo Olalekan

2 years ago

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Unity Bank Grows Gross Earnings To N27.5bn In H1’2023

Unity Bank’s N38.9 Billion Loss Amid Forex Revaluation, Eyes Recapitalization

Stock Market Gainers Earn N71.94bn, Unity Bank, Cutix Among Losers’ List

Universal Insurance, Unity Bank, Other Investors Gain N10bn From Stock Trading

CBN Fines Unity Bank N8 million, Net Profit Drops By N2.23 billion

Stock Market: Over N35.19 billion Lost, As Sell Off Sinks NGX Group, Unity Bank, Others

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

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