Unity Bank Posts N36.18 Billion Gross Earnings in Nine Months; Records 23% Growth in Profit
Written by Kunle Awosika
29 October, 2021
Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18Billion for the nine-month period ended September 30, 2021, and a 23% growth of PAT totalling N1.94Billion for the same period.
U.K. Eke Retires From FBN Holdings Amidst Encomiums
Written by Kunle Awosika
28 October, 2021
The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo as its group managing director following the retirement of Mr. U.K. Eke, who has completed his two-term tenure.
United Capital Reports 72 Percent Increase in Profit After Tax in 9 Months
Written by Kunle Awosika
18 October, 2021
United Capital has officially rebounded from COVID-19 negative impact following a strong financial statement report released on Friday, October 15, 2021.
Interswitch Unveils Whitepaper on Blockchain Technology Plans To Drive Growth of African Businesses
Written by Kunle Awosika
18 October, 2021
Africa’s leading integrated digital payment and e-commerce company, Interswitch Group, has unveiled its whitepaper on blockchain technology titled “Blockchain Technology: The Future of Africa’s Digital Economy” to help drive the growth of African businesses.
E-commerce Startup Sendbox Raises $1.8M to Digitise Deliveries for African SMEs
Written by Kunle Awosika
18 October, 2021
Sendbox, the Nigeria-based e-commerce fulfilment platform for merchants in Africa, has announced the completion of a $1.8 million seed round from investors, including 4DX Ventures, Enza Capital, FJLabs and Golden Palm Investments.
Oil Prices Hit Multi-year Highs on Monday
Written by Kunle Awosika
18 October, 2021
Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices encouraging users to switch to fuel oil and diesel for power generation.
Stock Investors Gained N329 Billion as FBN Holdings Sustained Gains
Written by Kunle Awosika
18 October, 2021
Investors gained N329 billion at the Nigerian Exchange Limited (NSE) last week as stocks of Champion Breweries, FBN Holdings and others closed in the green.
Heritage Bank blazes the trail by winning multiple awards
Written by Kunle Awosika
18 October, 2021
Heritage Bank Plc, Nigeria's Most Innovative Banking Service provider emerged winner in several categories at the 2021 Human Resource (HR) People Magazine Awards and at the Finance Correspondents Association of Nigeria’s (FICAN) 30th-Anniversary Conference and Awards.
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