Tag Archives: Unity Bank

Unity Bank Restates Position On Milost’s $1 Billion Investment

Unity Bank Plc has for the umpteenth time reiterated its position that it had not received $1 billion investment from Milost Global Inc. The clarification, according to the bank, was in view of misinformation in some sections of the media pertaining the Milost’s interest. According to a statement on Wednesday March 28, 2018, which was made available to nationalwire, the …

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Threats From Nigeria Made Us Cancel $1bn Funding To Unity Bank–Milost

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***Says Bank Issued False Statement Tayo Olanipekun Milost Global Inc. said it ended talks to provide $1 billion to Unity Bank Plc, following threats it received from Nigeria that the investment company will be forced out of the country if the deal continues, Bloomberg has reported. The private-equity firm also told the media outlet on Monday that Unity Bank issued …

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Unity Bank Rolls Out *7799# Short Code Services To Boost Mobile Banking Channel Options

MD Unity Bank Plc Mrs Tomi Somefun

Determined to strengthen retail banking offering and expand channels for financial inclusion penetration, Unity Bank Plc has rolled out its Unstructured Supplementary Service Data (USSD) short code: *7799# in order to enhance customer access to quality banking services. According to a statement which was made public yesterday, Unity Bank’s USSD (*7799#) code is the first 4 digit code to be …

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Unity Bank Lifts 2017 CBN Trophy

Unity Bank Plc has lifted  the trophy of the 31st edition of Central Bank of Nigeria (CBN) sponsored Financial Institutions Football League after beating Securities and Exchange Commission (SEC)  1-0 at Lafia Stadium,  Nasarawa state. For emerging tops at the competition, Unity Bank got N2 million prize and a trophy as its reward for outperforming 12 other teams that participated in …

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Q3: Unity Bank Post Gross Earnings Of N65bn ….As Total Assets Rises To N483bn

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Unity Bank Plc has unannounced a gross earnings of N65.03 billion and a new total asset level of N484.82 billion in its unaudited financial results for the period ended September 30th, 2017. In the bank’s statement made available to the Nigerian Stock Exchange (NSE) for verification at the weekend, shows that the bank has sustained a positive but modest performance …

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Unity Bank’s capital base hits N80bn

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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 immediate past board chairman of the bank said in a post-retirement interview with journalists in Abuja that the growth was recorded under his watch, between 2014 and 2017. Etuh who retired as the …

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Unity Bank promotes Agric scheme with N24 billion loan

Unity Bank Plc says it has disbursed N24 billion to farmers through the Commercial Agriculture Credit Scheme introduced by the Federal Government. The lender noted that it had effectively keyed into the various intervention funds of the Central Bank of Nigeria to boost agriculture. It said it had emerged as one of the leading players in the industry driving the …

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