Unity Bancorp (UNTY) Holder Banc Funds Co Has Lifted Its Position by $446400; Ami Asset Management Has Lowered Pepsico (PEP) Position by $436272 as Stock Price Rose

Unity Bancorp (UNTY) Holder Banc Funds Co Has Lifted Its Position by $446400; Ami Asset Management Has Lowered Pepsico (PEP) Position by $436272 as Stock Price Rose    The InvestReporter Banc Funds Co Llc increased its stake in Unity Bancorp Inc. (UNTY) by 3.07% based on its latest 2019Q1 regulatory filing with the SEC. Banc Funds Co Llc ... read more

Unity Bank supports mentorship for 600 young professionals

Unity Bank supports mentorship for 600 young professionals    Daily Trust Unity Bank Plc has thrown its weight behind the 2019 YP (Young Professionals) Lagos capacity building workshop which featured mentorship of 600 young, ... read more

Unity Bank fined N7 million in 2018

Unity Bank fined N7 million in 2018    Premium Times Unity Bank Plc was fined N7 million by the Central Bank of Nigeria and the Security and Exchange Commission in 2018, according to details of the bank's ... read more

Investors count losses as stock market wobbles under unending illiquidity, low confidence

Investors count losses as stock market wobbles under unending illiquidity, low confidence    Guardian Buhari in the first term of his administration on May 29, 2015, the stock market had long lost some gains recorded during the boom period of 2003 to the global ... read more

Unity Bank Sells $1.1 Billion of Bad Loans to Lure Investors

Unity Bank Sells $1.1 Billion of Bad Loans to Lure Investors    Bloomberg Unity Bank Plc sold 400 billion naira ($1.1 billion) of bad loans to clean up its balance sheet as it seeks to conclude talks for a cash injection aimed at stabilizing ... read more

Unity Bank records N37.32bn profit

Unity Bank records N37.32bn profit    The Punch Feyisayo Popoola Unity Bank Plc has posted a profit of N37.32bn for the year ended December 31, 2018. In its financial statement, the bank said i... read more

Skye's Crash Casts Doubt Over Health of Small Nigerian Banks

Skye's Crash Casts Doubt Over Health of Small Nigerian Banks    Bloomberg The collapse of Skye Bank Plc is darkening the outlook for Nigeria's other small lenders struggling to recover from the economy's contraction two years ago, and ... read more

Nigeria's Unity Bank is concluding talks with foreign investors over acquisition deal

Nigeria's Unity Bank is concluding talks with foreign investors over acquisition deal    Pulse Nigeria Unity Bank is trying to raise fund from foreign investors to recapitalise its operations after missing a regulatory deadline last year. read more

N12.9bn Debt: AMCON takes over debtor's properties

N12.9bn Debt: AMCON takes over debtor's properties    Premium Times The Asset Management Corporation of Nigeria (AMCON) on Tuesday, took over Victory Park Estate, Lekki, Lagos, following a N12.9 billion judgment debt it won ... read more

Milost Ends $1 Billion Deal With Nigerian Bank After Threats

Milost Ends $1 Billion Deal With Nigerian Bank After Threats    Bloomberg Milost Global Inc. ended talks to provide $1 billion to Nigeria's Unity Bank Plc, saying it received threats that it will be run out of the country if the deal continues. read more

2018: Unity Bank posts earnings of N37.32bn, grows total assets by 50.8%

2018: Unity Bank posts earnings of N37.32bn, grows total assets by 50.8%    P.M. News Unity Bank Plc on Friday released its result for the 2018 financial year which shows the Balance Sheet budding up with a whopping 50.8% growth during the ... read more

Presidential panel faults Unity Bank’s denial of N7bn debt

Presidential panel faults Unity Bank’s denial of N7bn debt    The Punch Ade Adesomoju, Abuja The Special Presidential Investigation Panel for the Recovery of Public Property on Tuesday faulted the denial by Unity Bank ... read more

Unity Bank refutes SPIPRPP's N7bn allegation

Unity Bank refutes SPIPRPP's N7bn allegation    P.M. News Unity Bank Plc on Tuesday faulted the allegation against it by the Special Presidential Investigation Panel for Recovery of Public Property (SPIPRPP) over the ... read more

NSE suspends trading in Unity Bank, five others’ shares

NSE suspends trading in Unity Bank, five others’ shares    The Punch Cadbury, 23 others push market lower by N168bn Feyisayo Popoola The Nigerian Stock Exchange has suspended trading in the shares of Unity Bank Pl... read more

Banc Funds Co Boosted Unity Bancorp (UNTY) Position by $446,400; Valuation Rose; Silchester International Investors Llp Decreased Stake in Vale SA (VALE) by $33.58 Million

Banc Funds Co Boosted Unity Bancorp (UNTY) Position by $446,400; Valuation Rose; Silchester International Investors Llp Decreased Stake in Vale SA (VALE) by $33.58 Million    The NBO News Banc Funds Co Llc increased its stake in Unity Bancorp Inc. (UNTY) by 3.07% based on its latest 2019Q1 regulatory filing with the SEC. Banc Funds Co Llc ... read more

Unity Bank promotes financial literacy in schools

Unity Bank promotes financial literacy in schools    The Punch Nike Popoola. In line with the financial literacy initiatives of the Central Bank of Nigeria, Unity Bank said it organised a spelling competition in schools. read more

Unity Bank sells N400bn bad loans to lure investors

Unity Bank sells N400bn bad loans to lure investors    Punchng Unity Bank Plc sold N400bn ($1.1bn) of bad loans to clean up its balance sheet as it seeks to conclude talks for a cash injection aimed at stabilis... read more

Nigerian Stock Exchange suspends Unity Bank Plc, 5 others from trading on the stock market

Nigerian Stock Exchange suspends Unity Bank Plc, 5 others from trading on the stock market    Pulse Nigeria The NSE suspends the six companies for failing to file quarterly accounts as stipulated by the Rulebook of The Exchange. read more

Unity Bank achieves zero impairment, records N643 million profitability

Unity Bank achieves zero impairment, records N643 million profitability    Vanguard Unity Bank Plc said it has achieved zero impairment and N643 million profit before tax for the nine months financial period ending September 30th, 2018. read more

Unity Bank wins CBN 'Sustainable Transaction of the Year in Agriculture' Award

Unity Bank wins CBN 'Sustainable Transaction of the Year in Agriculture' Award    Vanguard Unity Bank Plc has won the Central Bank of Nigeria (CBN) 2018 sustainable banking award, clenching the award for 'Sustainable Transaction of the Year in ... read more

Unity Bancorp, Inc. (UNTY) Forms $21.74 Double Bottom; Spruce House Investment Management Upped Gtt Communications (GTT) Stake By $50.15 Million

Unity Bancorp, Inc. (UNTY) Forms $21.74 Double Bottom; Spruce House Investment Management Upped Gtt Communications (GTT) Stake By $50.15 Million    The NBO News Spruce House Investment Management Llc increased Gtt Communications Inc (GTT) stake by 13.53% reported in 2019Q1 SEC filing. Spruce House Investment ... read more

Unity Bank Nigeria Internet Banking, Transfer Codes And Branches

Unity Bank Nigeria Internet Banking, Transfer Codes And Branches    BuzzNigeria.com Unity Bank Nigeria is a leading commercial bank in the country. Here's information about its transfer codes, branches, and internet banking. read more

Stocks rise slightly as Unity Bank, 15 others gain

Stocks rise slightly as Unity Bank, 15 others gain    The Punch 'Femi Asu The nation's stock market rose slightly on Tuesday after falling for two straight trading days, buoyed by gains recorded by 16 companies... read more

Aeglea BioTherapeutics, Inc. (AGLE) Analysts See $-0.50 EPS; Urs Operating Services Has 1.92 Sentiment

Aeglea BioTherapeutics, Inc. (AGLE) Analysts See $-0.50 EPS; Urs Operating Services Has 1.92 Sentiment    The NBO News Analysts expect Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) to report $-0.50 EPS on August, 8.They anticipate $0.04 EPS change or 8.70% from last quarter's ... read more

CBN, Unity Bank partner on cotton seeds distribution

CBN, Unity Bank partner on cotton seeds distribution    The Nation Newspaper The Central Bank of Nigeria (CBN), Unity Bank Plc and the National Cotton Association of Nigeria (NACOTAN) have partnered on the flagg-off distribution. read more

Unity Bank wins CBN development finance award

Unity Bank wins CBN development finance award    Guardian Nigeria Unity Bank Plc has received the “2018 Best Participating Bank,” of the Central Bank of Nigeria (CBN's) Development Finance activities award,” in Jigawa State, ... read more

Court okays ex-Unity Bank staff dismissal over N306.2m fraud

Court okays ex-Unity Bank staff dismissal over N306.2m fraud    Guardian Nigeria The National Industrial Court, Abuja, on Monday affirmed the dismissal of one Rabi Ibrahim, from Unity Bank Plc, following her involvement in N306.2 million ... read more

Ahead Of FY2018 Results: Unity Bank Likely To Turn A Corner?

Ahead Of FY2018 Results: Unity Bank Likely To Turn A Corner?    Proshare Nigeria Limited Market analysts are keeping vigil over the FYE 2018 results of Unity Bank Plc with a slight sense of unease. Running off the back of a dismal 2017 performance ... read more

Unity Bank to reward 3,000 customers

Unity Bank to reward 3,000 customers    Punchng Feyisayo Popoola Unity Bank Plc says it plans to reward 3000 customers in the 'Season 2 Unity Verve for Value Promo' offer. The bank said in a s... read more

Unity Bank reverses N14.9b loss with N1.3b profit

Unity Bank reverses N14.9b loss with N1.3b profit    The Nation Newspaper Unity Bank Plc staged a major recovery in the immediate past business year as the commercial bank moved from a net loss of N14.92 billion in 2017 to a net ... read more

5 things to watch out for in the Nigerian banking sector in 2019

5 things to watch out for in the Nigerian banking sector in 2019    Pulse Nigeria An analysis of developments from the Nigerian banking sector in 2018 and what to come in 2019. read more

Unity Bank unveils platform to empower youths

Unity Bank unveils platform to empower youths    Punchng Maureen Ihua-Maduenyi Unity Bank Plc has introduced a new technology-driven banking platform to empower youths in the country. According to the b... read more

Nigerian Banking Industry Seen in 'Full-Blown' Credit Crisis

Nigerian Banking Industry Seen in 'Full-Blown' Credit Crisis    Bloomberg Nigeria's banking industry is experiencing a “full-blown financial crisis” as failed fiscal and monetary policies lead to a credit crunch, according to Arqaam Capital ... read more

The 10 coolest bank CEOs in Nigeria

The 10 coolest bank CEOs in Nigeria    Pulse Nigeria Business Insider Sub-Saharan Africa by Pulse takes a look into the lives and work of Nigerian Bank CEOs. Here are some of the coolest Bank CEO in Nigeria ... read more

NSE lifts suspension on Unity Bank shares

NSE lifts suspension on Unity Bank shares    Guardian Nigeria The Nigerian Stock Exchange (NSE) yesterday lifted the suspension placed on Unity Bank Plc., as it has submitted its outstanding audited and interim financial ... read more

CBN, Unity Bank distribute inputs to cotton farmers

CBN, Unity Bank distribute inputs to cotton farmers    Daily Trust The Central Bank of Nigeria (CBN), in partnership with Unity Bank and the National Cotton Association of Nigeria (NACOTAN), has flagged off distribution of ... read more

Unity Bank de-risks balance sheet to increase value

Unity Bank de-risks balance sheet to increase value    Guardian Nigeria Unity Bank of Nigeria Plc has announced total de-risking of its balance sheet, thereby ridding the bank of toxic legacy assets and paving the way for significantly ... read more

Bank says there is no 60 percent acquisition talks with New York's Milost Global Inc

Bank says there is no 60 percent acquisition talks with New York's Milost Global Inc    Pulse Nigeria Nigerias Unity Bank Plc. has confirmed that it engaged with the New York-based private equity firm, Milost Global Inc., and some prospective "value-plus ... read more

MTN, Vitafoam, 10 others push stock market higher

MTN, Vitafoam, 10 others push stock market higher    The Punch Market capitalisation rises by N480bn 'Femi Asu The nation's stock market extended its gaining streak on Wednesday to the fifth straight day on ... read more

Bank stocks see biggest fall in 20 months

Bank stocks see biggest fall in 20 months    The Punch Feyisayo Popoola with agency report The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammad... read more

Mojec, banks partner to boost meter rollout

Mojec, banks partner to boost meter rollout    The Punch 'Femi Asu Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has struck a partnership with eight Nigerian banks f... read more

Financial statements: NSE slams N429.5m fines on 38 firms

Financial statements: NSE slams N429.5m fines on 38 firms    The Punch FEYISAYO POPOOLA examines the fines imposed on firms listed on the Nigerian Stock Exchange for late filing of financial statements last year as wel... read more

Investors lose N302bn as RT Briscoe, MTN, 17 others dip

Investors lose N302bn as RT Briscoe, MTN, 17 others dip    The Punch 'Femi Asu Investors in the nation's stock market lost N320bn in value on Monday as 17 firms recorded price depreciation on the back of sell-off in... read more

Keystone Bank, others partner Mojec to roll out prepaid meters

Keystone Bank, others partner Mojec to roll out prepaid meters    P.M. News Mojec Meter Assets Management Company, a subsidiary of Mojec International Limited, has announced partnership with Keystone Bank Limited and other ... read more

Nigeria's Ibeto Cement to Get $850 Million Milost Funding

Nigeria's Ibeto Cement to Get $850 Million Milost Funding    Bloomberg Ibeto Cement Co. Ltd., a privately owned Nigerian producer of the building material, signed a deal to get $850 million in financing from Milost Global Inc, ... read more

N1bn Imo debt: CBN, 14 banks contest payment order

N1bn Imo debt: CBN, 14 banks contest payment order    The Punch The Central Bank of Nigeria and 14 other banks are contesting a Garnishee Order being considered by an FCT High Court to compel them to pay debts b... read more

Banks to provide single-digit interest loans to creative sector

Banks to provide single-digit interest loans to creative sector    The Punch Ifeanyi Onuba, Abuja. The Bankers Committee of the Central Bank of Nigeria on Thursday agreed to provide more funding for the development of the creative ... read more

CBN governor, Emefiele risks contempt charge

CBN governor, Emefiele risks contempt charge    Daily Post Nigeria An FCT High Court in Kubwa has fixed Sept. 23, to rule on a motion seeking Unity Bank to join Godwin Emefiele, CBN Governor in contempt proceedings ... read more

Unity Bank Plc Announces Board Changes

Unity Bank Plc Announces Board Changes    Proshare Nigeria Limited This is to formally notify shareholders of Unity Bank Plc and other stakeholders of the Bank that, the Board of Unity Bank Plc at an Emergency Meeting on June 6, ... read more

Unity Bank promotes agric scheme with N24bn loan

Unity Bank promotes agric scheme with N24bn loan    Punchng Unity Bank Plc says it has disbursed N24bn to farmers through the Commercial Agriculture Credit Scheme introduced by the Federal Government. The l... read more

Two Global banks, HSBC and UBS, exit Nigeria and three local banks fail to meet minimum banking requirements

Two Global banks, HSBC and UBS, exit Nigeria and three local banks fail to meet minimum banking requirements    Pulse Nigeria Three commercial banks fail to meet their minimum liquidity ratio of 30% and number of foreign banks drop to 8 as at June 2018. read more

Unity Bank Plc Appoints Mr. Usman Abdulqadir and Mr Ebenezer Kolawole as Executive Directors

Unity Bank Plc Appoints Mr. Usman Abdulqadir and Mr Ebenezer Kolawole as Executive Directors    Proshare Nigeria Limited This is to formally notify shareholders of Unity Bank Plc and other stakeholders of the Bank that, in line with the resolution of the Board of Unity Bank Plc, the ... read more

UNITYBNK Releases Q1, Q2 and Q3 2018 Results; Declares N585.84m PAT in Q3 (SP:N0.78k)

UNITYBNK Releases Q1, Q2 and Q3 2018 Results; Declares N585.84m PAT in Q3 (SP:N0.78k)    Proshare Nigeria Limited Unity Bank Plc, company in Financial Services sector announced 58.7% Gross Income decline in Q3 2018 Results. read more

Services failures still rampant in e-banking

Services failures still rampant in e-banking    Vanguard Despite several upgrades launched by almost all banks in the past one year, Vanguard MoneyDigest findings still show prevalence of malfunctioning systems ... read more

This chart shows us that women are still left behind in top positions in Nigeria's banking industry

This chart shows us that women are still left behind in top positions in Nigeria's banking industry    Pulse Nigeria The 2019 theme for the International Women's Day is 'BalanceforBetter' and it is a call for a balanced world for women and the celebration of their achievements. read more

NSE sanctions eight banks with N102m fines

NSE sanctions eight banks with N102m fines    The Punch Feyisayo Popoola The Nigerian Stock Exchange has sanctioned eight banks with fines totalling N102.7m for failing to file their financial statement... read more

Unity Bank, Milost controversy under investigation – SEC

Unity Bank, Milost controversy under investigation – SEC    Premium Times The Securities and Exchange Commission (SEC) on Monday said it was still investigating the one billion dollars investment in Unity Bank Plc by Milost Global ... read more

The 10 best and worst performing stocks in post-election trading on NSE

The 10 best and worst performing stocks in post-election trading on NSE    Pulse Nigeria During the week, eighteen (18) equities appreciated in price while forty-five (45) equities depreciated. read more

UNITY bank Plc: A new life after the storm

UNITY bank Plc: A new life after the storm    Vanguard During the 9th Annual General Meeting of Unity Bank Plc to review activities for the financial year ended December 2014, an opportunity was provided for the ... read more

Reps indict NNPC, NPA, others over unremitted FG revenues

Reps indict NNPC, NPA, others over unremitted FG revenues    The Punch say $995.71m not captured by TSA Leke Baiyewu, Abuja The House of Representatives has accused Federal Government's ministries, departments and... read more

Investors lose N713bn in April as stock market tumbles

Investors lose N713bn in April as stock market tumbles    The Punch Feyisayo Popoola Investors in the nation's stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tues... read more

Unity Bank’s capital base hits N80bn

Unity Bank’s capital base hits N80bn    Punchng Unity Bank Plc's capital base has hit N80 billion, up from N31 billion in 2014, Mr. Thomas Etuh, former Chairman, Board of Directors, has said. Etuh, the ... read more

Nigeria: BVN - Deadline for Unregistered Accounts Ends Today - AllAfrica

Nigeria: BVN - Deadline for Unregistered Accounts Ends Today    AllAfrica - Top Africa News As the deadline issued by the court on customers to link their accounts to the Bank Verification Number (BVN) or forefeet their deposits lapsed today, there are ... read more

Tanko takes over as MD of PAN

Tanko takes over as MD of PAN    Daily Trust Mr Mohammed Ibrahim Tanko is now the new Managing Director of Peugeot Automobile Nigeria (PAN), Kaduna. Mr Tanko takes over from erstwhile MD, ... read more

Turner Wright terminates share exchange agreement with BTHI

Turner Wright terminates share exchange agreement with BTHI    Vanguard Nigerian News - TURNER Wright Nigeria Limited has terminated its Share Exchange Agreement with Big Time Holdings, Inc., BTHI, a company associated with ... read more

Recession: Unity Bank sacks 215 workers

Recession: Unity Bank sacks 215 workers    Daily Post Nigeria Unity Bank Plc has reportedly sacked at least 215 employees. The workers were allegedly sacked for their inability to cope with the new ideas and strategy. read more

NEM Insurance, Resort Savings record worst performance in bearish market

NEM Insurance, Resort Savings record worst performance in bearish market    Vanguard DESPITE the bullish trend which persisted in the last two trading days on the Nigerian Stock Exchange, NSE leading to a halt of persistent decline since the ... read more

Unity Bank Sues Ex-Militant Tompolo Over N5.3b Debt

Unity Bank Sues Ex-Militant Tompolo Over N5.3b Debt    SaharaReporters.com Unity Bank Plc has sued a limited liability company, Muhaabix Global Services, owned a former Niger Delta militant, Government Ekpemupolo (aka Tompolo), ... read more

Nigeria remains woefully short of ATMs

Nigeria remains woefully short of ATMs    ATM Marketplace As part of its cashless initiative, the nation of Nigeria has estimated that the country needs 60000 ATMs in order to serve the everyday cash needs of Nigerians ... read more

Over $900 million found in secret non-TSA accounts - Rep panel

Over $900 million found in secret non-TSA accounts - Rep panel    Premium Times The House accuses the NNPC, NPA, FIRS, Nigeria Customs *Service* as well as other ministries and banks of various infractions. read more

Agric loans: Heritage Bank partners NIRSAL

Agric loans: Heritage Bank partners NIRSAL    Vanguard Heritage Bank Plc and the Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) has concluded partnership arrangements that will ... read more

Unity Bank Plc Appoints Alhaji Hafiz Mohammed Bashir as Non- Executive Director

Unity Bank Plc Appoints Alhaji Hafiz Mohammed Bashir as Non- Executive Director    Proshare Nigeria Limited This is to formally notify shareholders of Unity Bank Plc. and other stakeholders of the Bank that, in line with the resolution of the Board of Unity Bank Plc., the ... read more

Unity Bank’s promo targets 3,000 customers in six months

Unity Bank’s promo targets 3,000 customers in six months    Guardian Nigeria Unity Bank Plc, one of the drivers of e-payment system, has flagged off the second season of Unity Verve for Value promo offer to give out cash prizes and ... read more

Unity Bank promotes agric with N24bn loan to farmers

Unity Bank promotes agric with N24bn loan to farmers    Vanguard UNITY Bank has effectively keyed into various intervention fund by Federal Government and Central Bank of Nigeria (CBN) to boost Agriculture thus emerging ... read more

CBN applauds Ecobank's sustainability efforts

CBN applauds Ecobank's sustainability efforts    P.M. News The Central Bank of Nigeria (CBN) has recognized and awarded Ecobank Nigeria on its laudable sustainability and Corporate Social Responsibility (CSR) ... read more

LLA 50 leading ladies in corporate Nigeria

LLA 50 leading ladies in corporate Nigeria    Guardian This week, we complete the list of the 50 Leading Ladies in Corporate Nigeria. As the world becomes increasingly aware of the important role women play in the ... read more

SIFAX Group appoints Oyinloye as group managing director

SIFAX Group appoints Oyinloye as group managing director    Guardian Nigeria SIFAX Group, a multinational corporation with diverse interests in Maritime, Aviation, Haulage & Logistics, Oil & Gas and Hospitality, has appointed a new Group ... read more

EFCC seeks permanent forfeiture of Bola Shagaya’s N1.9bn

EFCC seeks permanent forfeiture of Bola Shagaya’s N1.9bn    The Punch Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has filed an application before a Federal High Court sitting in Lagos seeking... read more

Banks to close branches as recession bites hard

Banks to close branches as recession bites hard    The Punch Oyetunji Abioye. A number of Deposit Money Banks in the country will close many of what they described as unprofitable branches as the economic recession ... read more

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities

New Titan Trust Bank Braves Slow Economy; Weighs Opportunities    Proshare Nigeria Limited At a time when at least two Nigerian banks appear to be in financial trouble, a new bank, Titan Trust Bank, has joined the market of financial *service* providers. read more

Commercial banks to pay N103bn taxes to FIRS

Commercial banks to pay N103bn taxes to FIRS    The Punch FEYISAYO POPOOLA examines the total amount of taxes to be paid to the Federal Inland Revenue *Service* for the 2018 financial year by 14 commercial banks ... read more

Stock market gains N1.9tn as MTN lists 20.35 billion shares

Stock market gains N1.9tn as MTN lists 20.35 billion shares    The Punch Feyisayo Popoola and Ife Ogunfuwa. The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria ... read more

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division

Flour Mills of Nigeria Plc Notifies on the Transfer of its Assets in Golden Fertilizer Division    Proshare Nigeria Limited Flour Mills of Nigeria Plc (“FMN” or “FMN Group”), the market leader in food and agro allied products in Nigeria, today announced that it has filed a Scheme of ... read more

NSE reviews composition of market Indices

NSE reviews composition of market Indices    Vanguard THE Nigerian Stock Exchange (NSE), in a stock basket rebalancing measure, has reviewed its NSE 30 Index and eight sectoral indices, stating that the ... read more

Unity Bank plans youth initiative with new product

Unity Bank plans youth initiative with new product    Guardian Nigeria Unity Bank launched a new banking product to targeted at youths in the country just as youth empowerment continue to gain recognition as a strategy for ... read more

Effective funding optimisation lifts 14 banks Q1 net profit by N256 billion

Effective funding optimisation lifts 14 banks Q1 net profit by N256 billion    Guardian Nigeria Effective funding opimisation and drive for efficiency have enhanced profit goals of 14 listed banks, as they achieved cumulative profit of N256.088 billion... read more

IBB’s son appointed Unity Bank chairman

IBB’s son appointed Unity Bank chairman    TheCable The management of Unity Bank says it has appointed Aminu Babangida, son of Ibrahim Babangida, former military head of state, as chairman of the bank. read more

CBN finances 568 agric projects with N577bn

CBN finances 568 agric projects with N577bn    The Punch Ifeanyi Onuba, Abuja A total of 568 agricultural projects valued at N577.3bn have been financed by the Central Bank of Nigeria under the Commercia... read more

Reps indict 16 banks over non-remittance of N1.5b stamp duties

Reps indict 16 banks over non-remittance of N1.5b stamp duties    Guardian The House of Representatives yesterday indicted 16 deposit money banks (DMBs) for allegedly failing to remit N1.586 billion to the Federation Account. read more

Unity Bank introduces NIRSAL Farmers Savings Account

Unity Bank introduces NIRSAL Farmers Savings Account    Vanguard IN its bid to strongly drive its strategic business focus on rural economy, Unity Bank Plc has developed a product called NIRSAL Farmers Savings Account ... read more

NCAA, operators meet over planned demolition of telecoms masts

NCAA, operators meet over planned demolition of telecoms masts    The Punch Maureen Ihua-Maduenyi. The Nigerian Civil Aviation Authority and telecommunications operators have concluded plans to hold a meeting over the planned ... read more

Turner Wright ends N54 billion deal with Milost Global

Turner Wright ends N54 billion deal with Milost Global    Guardian Turner Wright Limited (TWL) has ended its business deal with Big Time Holdings Incorporated (BTHI) and Williamsville Smith Management Limited (WSML), ... read more

NCAA begins demolition of 8,805 masts over air safety

NCAA begins demolition of 8,805 masts over air safety    The Punch Maureen Ihua-Maduenyi The Nigerian Civil Aviation Authority says it will commence the demolition of telecommunication masts in different locations... read more

NIRSAL, CBN, others agree to increase agric lending

NIRSAL, CBN, others agree to increase agric lending    The Punch Ifeanyi Onuba, Abuja The Nigerian Incentive-Based Risk-Sharing System for Agricultural Lending, the Central Bank of Nigeria and Deposit Money Bank... read more

Japaul Oil, Unity Bank, 51 others depress equities market

Japaul Oil, Unity Bank, 51 others depress equities market    Vanguard Trading on the equities market reverted to a loss this week after a positive close the previous week, resulting in loss of N24 billion to investors. read more

Providus Bank live with ICS Banks core banking system

Providus Bank live with ICS Banks core banking system    Banking Technology ICS Financial Systems (ICSFS) has implemented its flagship core banking platform, ICS Banks, at Providus Bank in Nigeria. read more

PZ Cussons Nigeria Q2 2019 Results Review: Earnings Driven By Muted FX Impact

PZ Cussons Nigeria Q2 2019 Results Review: Earnings Driven By Muted FX Impact    Proshare Nigeria Limited PZ Cussons Nigeria (PZ) posted a PBT growth of 55% to N1.4bn in H1 2019 (end-Nov). The result was supported by a lessened fx impact; fx losses of –N525m ... read more

Bankers’ Committee launches SME funding initiative

Bankers’ Committee launches SME funding initiative    Punchng Feyisayo Popoola The Bankers' Committee of the Central Bank of Nigeria has introduced a new initiative to enable Small and Medium-scale Enterprise... read more

Growing concern over weakening capital of small, mid-size banks

Growing concern over weakening capital of small, mid-size banks    Punchng Foreign and Nigeria-based research bodies are worried about the survival of some small and mid-size banks in the country due to over-exposure to th... read more

Foreign investors, govt divest from banks

Foreign investors, govt divest from banks    The Nation Newspaper The Nigeria Deposit Insurance Corporation (NDIC) has released the ownership structure of all banks operating in Nigeria. The report, contained in the ... read more