Unity Bank Grows Gross Earnings To N57billion In 2022fy, Builds Momentum As Profit Grows By 21% In Q1/2023
Unity Bank Grows Gross Earnings To N57billion In 2022fy, Builds Momentum As Profit Grows By 21% In Q1/2023 Unity Bank Grows Gross Earnings to N57Billion in 2022FY, Builds Momentum as Profit Grows by 21% in Q1/2023 LAGOS.02.06.23. Nigeria’s retail lender Unity Bank Plc has posted a Profit Before Tax of N1.1 billion for its full-year results that ended Dec 2022, even as its gross earnings rose by 13.1% to N57 billion from N50.2 billion in the corresponding period of 2021. The Bank in its audited full-year financial statement submitted to…
Tentacles:Access Bank Opens French Desk, Strengthen Economic Ties Between Nigeria, France
Tentacles:Access Bank Opens French Desk, Strengthen Economic Ties Between Nigeria, France Following the opening in Paris last month of the first subsidiary of Access Bank Plc in the European Union, the Bank has launched the Access Bank French Business Desk to strengthen business relationships between Nigeria and France. The Access Bank French Desk in partnership with Business France was created as a platform to connect French and Nigerian companies, providing them with financial solutions to conduct trade and investment activities between …
Sterling Bank Declares Bounty At 61st AGM
Sterling Bank Declares Bounty At 61st AGM Lagos, Nigeria: The shareholders of one of Africa's fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a recommendation of dividends of 15 kobo per ordinary share; a fifty percent increase from that paid in 2021. The shareholders gave this commendation at the 61st annual general meeting of the bank held in Lagos on Wednesday. Speaking at the meeting, Mr…
Shareholders Commend Wema Bank Management on Good Corporate Performance
Shareholders Commend Wema Bank Management on Good Corporate Performance Nigeria's most innovative financial institution, Wema Bank Plc, held its 2022 Annual General Meeting yesterday May 31st, 2023 amidst encomiums over the sterling performance of the bank and the huge dividend payout. Specifically, shareholders of the bank commended the board and management for delivering a good result in the financial year. A shareholder, Mr. Badmos commended the bank for proposing to pay 30kobo dividend per unit of ordinary share, saying it is the …
WhiteBIT Expands Operations to Nigeria, Enabling Local Market Access to Global Crypto Trading
WhiteBIT Expands Operations to Nigeria, Enabling Local Market Access to Global Crypto Trading WhiteBIT, the one of the leading European cryptocurrency exchanges, is pleased to announce its official launch in Nigeria, signaling a significant milestone in expanding its global presence. As crypto enthusiasts worldwide continue to embrace WhiteBIT for its unwavering commitment to security, liquidity, execution speed, and user-friendly trading tools, the company is poised to revolutionize the crypto landscape in Nigeria. WhiteBIT's decision…
Customers Laud Polaris Bank Exclusive Banking Product
Customers Laud Polaris Bank Exclusive Banking Product ... Commend Partnerships and bundled investment initiatives Nigeria's leading Retail Bank, Polaris Bank has announced the launch of its exclusive banking product aimed at serving its High Net-worth Individuals (HNIs) seeking innovative investment options in challenging economic times. The unveiling which took place in Ikoyi, Lagos, on Tuesday was attended by esteemed guests, industry experts, and corporate customers from across the country. The exclusive banking proposition, d…
Naira devaluation’s fake news, says CBN
Naira devaluation’s fake news, says CBN The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false , warned that such reports could have serious adverse consequences for the economy. According to the top official, the CBN has not changed its strategy of allowing a gradual convergence of the parallel and official market exchange rates…
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