Unity Bank Records N38.2 Billion Gross Earnings In Q3’23
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, indicating business growth and customer confidence in the…
Unity Bank Customers Win Over N.5m In Verve Card Promo
Unity Bank customers, Nmeregini Chukwuebuka and Sharif Yusuf Mohd have emerged as winners of 500,000 and 150,000 naira respectively in the ongoing Verve National Consumer Promo. Organized by payment processor, Verve Card Services Limited, the winners emerged in the August…
Unemployed Persons: NDE Kicks-off Youth Transformation Training Scheme in Oyo
Determined to combat the menace of unemployment in Nigeria, the National Directorate of Employment (NDE) has flagged-off the second phase of the Youth Transformation Training Scheme (YTTS) in Technical and Vocational Skills for 25 unemployed persons in Ibadan, Oyo State….
Court Sends First Bank Staff, Eight Internet Fraudsters to Prison
Andrew Nwadiashi a 40-year-old banker and eight internet fraudsters were on Friday, August 4, 2023, convicted and sentenced to prison by Justice M. Itsueli of the Edo State High Court sitting in Benin City. The others are Osawa Marvellous, Etinosa…
Hacked UBA Customers’ Accounts: Police Nabs Suspects, Reveals Their Modus Operandi
Determined to get to the roots of successful hacking of customers’ accounts and the stealing of their hard earned money, the United Bank for Africa (UBA) has taken steps that have led to the arrest of suspected members of internet…
Unity Bank Grows Gross Earnings to N57bn in 2022FY, Builds Momentum as Profit Grows By 21% in Q1/2023
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…
Naira Devaluation Report Fake News – CBN
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has denied report that the naira has been devalued contrary to a news report on June 1, 2023, titled “CBN Devalues Naira To 630/$1”. The Street Reporters Newspaper reports that the…
Full List As CBN Revokes Licences Of Microfinance Banks, Financial Institutions
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and three finance companies in the country. The revocation exercise was disclosed in the official gazette of the…
Gluwa to Support Nigeria’s Cryptocurrency Legalization, Commits $35m To Indigenous Crypto Exchanges Growth In Africa
Gluwa, a foremost global blockchain company, has announced its readiness to work closely with the Federal Government of Nigeria to create a policy framework that supports the legalization and adoption of cryptocurrencies in Africa’s largest economy. The firm believes cryptocurrencies…
CR2 Partners with Entrust to Enhance Cardholder Digital Payment Experiences
CR2, a world leader in the digital banking and payments platform industry has formed a technology partnership with Entrust, a leading enabler of trusted identities, payments and digital infrastructure. This partnership will provide CR2’s bank customers with a secure, seamless…
Interswitch Hosts Stakeholders in Sierra Leone, Boosts Financial Services Ecosystem
Interswitch, Africa’s leading integrated payments and digital commerce company, has further deepened its expansion beyond the shores of Nigeria with organization of its first breakfast session in Sierra Leone. The launch is coming as a result of the technology giant’s…
