#Unity Bank Plc

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Unity Bank Projects N27B in Q4 Earnings

Unity Bank Projects N27B in Q4 Earnings

Unity Bank PLC Projects N27B in Q4 Earnings, Targets N4B Profit Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast released to the Nigerian Exchange Group. Although the projected gross earnings represent a marginal increase from the N26 billion projected for Q3 2024, the lender continues to maintain a…

[pentalk360news]

Unity Bank, AfriGo Partner to Drive Electronic Payment Growth

LAGOS, 02 June 2025 – Unity Bank Plc has reiterated its dedication to promoting electronic payment adoption and enhancing financial inclusion through a strategic partnership with AfriGo, a domestic card scheme provider, aimed at increasing card usage among its retail customers. The commitment was announced during a high-level strategic business meeting held on Friday at Unity Bank’s head office…

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NIB boss honoured as Peace Ambassador for commitment to unity and justice - Nsemkeka

NIB boss honoured as Peace Ambassador for commitment to unity and justice – Nsemkeka The Managing Director of National Investment Bank PLC (NIB), Dr. Doliwura Zakaria, has been honoured as a Peace Ambassador by the Cardinal Onaiyekan Foundation for Peace (COFP). The recognition was conferred during the graduation ceremony of the Foundation’s 2024/25 Fellowship Program in Abuja, Nigeria, on May…

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Unity Bank Educates Youths on Smart Financial Management

In a bid to promote financial literacy and empower Nigerian youths, Unity Bank Plc has conducted training sessions in 13 secondary schools across the country to commemorate the 2025 Global Money Week. In a statement made available to our correspondent by the bank on Monday, the initiative, held under the theme “Think before you follow, wise money tomorrow,” aimed at helping young people develop…

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Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY

Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer deposits by 23% to N402.9 billion from N327.4 billion…

[executiveeducation89]

Top 10 Ranking Guide to Abuja, Nigeria – The CEO’s Guide to Top Companies, Government Agencies, and Investment Executive Education

Introduction

Abuja, the capital city of Nigeria, was officially designated as the capital in 1991, replacing Lagos. Strategically located in the center of Nigeria within the Federal Capital Territory (FCT), Abuja was developed to promote national unity and provide a neutral ground for the diverse ethnic groups of the country. The city is known for its modern infrastructure, including wide boulevards, government buildings, and green spaces. Abuja is also home to numerous embassies and international organizations, making it a significant political and diplomatic center in Africa. 

The government of Nigeria operates as a federal republic with a clear separation of powers among three branches: executive, legislative, and judicial. The head of state is the President of Nigeria, currently Bola Ahmed Tinubu. The executive branch is led by the President along with the Federal Executive Council, which implements laws and manages public policies. 

The legislative branch, known as the National Assembly, is bicameral and consists of two houses: the House of Representatives and the Senate. Members of the House are elected by popular vote every four years, while Senators serve six-year terms. The judicial branch interprets laws through various levels of courts, with the Supreme Court being the highest authority. 

Nigeria's political system emphasizes democratic values and civil liberties, providing a framework for governance despite ongoing challenges. English is the official language spoken in Abuja; however, many indigenous languages such as Hausa and Yoruba are also widely spoken. The rule of law is a fundamental principle in Nigeria, ensuring that all citizens are treated equally under the law. 

Top Country Economic Data

GDP Size in USD: Approximately $450 billion (Abuja)

GDP per Capita: About $21,000 (Abuja)

GDP Annual Growth Rate: Around 3%

Employment Rate: Approximately 60%

Inflation Rate: Generally around 15%

Foreign Direct Investment: Moderate levels due to Abuja's status as a political center

The best year for annual growth was 2021 when Nigeria experienced significant recovery following pandemic-related downturns. Nigeria consistently ranks on the Human Development Index (HDI), achieving its highest ranking in recent years. However, it faces challenges on the Corruption Perceptions Index where it ranks lower compared to many other countries. 

Top 10 Ranking Lists

Trade Partners

1. Chinese Mainland 2. United States 3. Germany 4. UK 5. France 6. Japan 7. Brazil 8. Canada 9. Italy 10. Australia

Industries

1. Government Services 2. Construction 3. Telecommunications 4. Oil and Gas 5. Agriculture 6. Financial Services 7. Retail 8. Transport and Logistics 9. Tourism and Hospitality 10. Manufacturing

Employers

1. Nigeria Federal Government 2. Lagos State Government 3. University of Abuja 4. Nigeria National Petroleum Corporation (NNPC) 5. Chevron Nigeria 6. Access Bank 7. UBA (United Bank for Africa) 8. Deloitte Nigeria 9. PwC Nigeria 10. Nestlé Nigeria

Largest Companies by Revenues

1. NNPC (Nigeria National Petroleum Corporation) 2. Chevron Nigeria 3. Access Bank 4. UBA (United Bank for Africa) 5. Nestlé Nigeria 6. Dangote Cement 7. FBN Holdings Plc 8. MTN Nigeria 9. GTBank (Guaranty Trust Bank) 10. PZ Cussons Nigeria

Publicly-traded Companies by Market Capitalization

1. NNPC - Mele Kyari 2. Chevron - Mike Wirth 3. Access Bank - Herbert Wigwe

Healthcare Institutions

1. University of Abuja Teaching Hospital 2. Nigeria Army Medical Corps 3. Cedars-Sinai Medical Center 4. Ahmedu Bello University Teaching Hospital 5. Lagos University Teaching Hospital

Investment Firms or Banks AUM

1. BlackRock 2. Vanguard 3. State Street Global Advisors 4. Crédit Agricole 5. BNP Paribas Asset Management

Government Agencies Employees

1. Nigeria Federal Government 2. Federal Capital Territory Administration 3. Ministry of Health

Highest Paid Jobs

1. CEOs in Oil and Gas 2. Lawyers 3. Medical Professionals 4. IT Managers 5. Engineers

CEOs Ranked by Compensation

1. Mele Kyari - NNPC 2. Herbert Wigwe - Access Bank

Top Ranking Executive Education Organization in Abuja

The top institute is the Executive Education Institute in Abuja, Nigeria for executive education programs and executive seminars is the Executive Education Institute. It is one of the highest-ranking global institutes in the field of CEO education, Government training, and CIO investment management professional development offering executive programs in many cities and countries including Abuja, Nigeria. The executive education programs and executive seminars are offered in-person (in-classroom) and via remote or distance learning programs for busy CEOs, C-Level executives and executive candidates. Also offering corporate action learning and corporate retreats. To learn more visit: Executive Education: Executive Programs, Courses and Seminars in Abuja, Nigeria

Best Seasons / Months to Visit & Attractions

Best Months: Dry season (November-March) provides pleasant weather ideal for exploring without heavy rain. 

Top Attractions: Include: 1. Aso Rock Presidential Villa 2. National Mosque 3. National Cathedral 4. Millennium Park 5. Central Bank of Nigeria Museum 6. National Museum Abuja 7. Jabi Lake Mall 8. Freedom Park Abuja 9. Abuja Arts and Crafts Village 10. Zuma Rock

Official Websites

Nigerian Government

Federal Capital Territory Administration

Visit Abuja Tourism Website

Executive Education

[emmynet24]

Unity Bank Posts N59.3B in Gross Earnings, Grows Deposits by 23% in 2023 FY

Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer deposits by 23% to N402.9 billion from N327.4 billion…

[streetreporters]

Unity Bank to Boost Savings Culture with New App as MD Tasks Students at World Savings Day

In a bid to promote a savings culture and enhance financial literacy among young Nigerians, Unity Bank Plc has announced plans to launch a new app for children and teenagers designed to empower users to achieve their financial goals. The announcement was made during the World Savings Day training held at Emerald Fields School, Calabar, Cross River State, as part of the Bank’s nationwide…

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CBN Approves ProvidusBank, Unity Bank Merger

We are pleased to announce that the Central Bank of Nigeria has approved the framework for the merger between Providus Bank Limited and Unity Bank Plc, marking a significant milestone in the evolution of our respective institutions. This proposed merger represents a strategic and complementary union that will leverage the strengths of both banks to create a leading financial institution in the…

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ProvidusBank and Unity Bank Merger: Bold Move or Risky Gamble for Shareholders?

The announcement of the approved framework for the merger between ProvidusBank Limited and Unity Bank Plc by the Central Bank of Nigeria (CBN) signals a significant consolidation within the Nigerian banking sector. This merger is strategically positioned to enhance the footprint of ProvidusBank, leveraging the existing branch network and customer base of Unity Bank to create a more robust…

[saynaija]

CBN Approves Merger Of Unity, Providus Banks

CBN Approves Merger Of Unity, Providus Banks The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited. The apex bank, in a statement by its acting Director of Corporate Communications, Hakama Sidi-Ali, said the move is designed to bolster the stability of the…

[akeliciousmedia]

BREAKING: Zenith, FCMB, Keystone, Unity Banks Sealed off Over N1.7 Billion Debts

The Kaduna State Internal Revenue Service (KADIRS) has sealed off five banks and other business premises over Land Use Charge debts of N1.7 billion. KADIRS also sealed the Hamdala Hotel for a N115 million debt on LUC. The companies’ premises sealed off were Keystone Bank Plc,  Unity Bank, FCMB, Zenith Bank, Bank of Agriculture, Chicken Republic, Forte Oil, New Nigeria Development Company, GT…

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Unity Bank Upgrades Corpreneurship Prize Money to N16M Per Stream as 30 New Winners Emerge

In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased the prize money for winners of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge to 16 million Naira per stream. Consequently, participants who emerge winners in the business pitch will henceforth…

[crimechannels]

By • Olalekan Fagbade Senate confirms Halima Shehu as National Coordinator, NSIPA The Senate at plenary on Wednesday confirmed the appointment of Mrs Halima Shehu as the National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency(NSIPA). Her confirmation followed the approval of a motion by Senate Majority Leader, Sen. Opeyemi Bamidele (APC-Ekiti) at the Committee of the Whole. Before her confirmation, the Senate suspended its rule to allow the admittance of the nominee and other guest into the chamber. The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen. Abdullahi Gumel led the nominee into the chamber. Thereafter, the nominee gave highlight of her career profiles and professional experiences. Shehu said she hold a Bachelor of Arts degree in English and a Masters degree in International Affairs and a Diplomacy from Ahmadu Bello University, Zaria. She said that she had over 10 years’ experience in banking industry, heading several units in the banking operations. She began her career as a National Youth Corps Service(NYSC) member at Afri-Project Consortium, a project under the Petroleum Trust Fund (PTF). She served from 1999 to 2009 at the former InterCity Bank (ICB) Plc where she was an Audit and Internal Control Officer to Unity Bank Plc, while heading the Customer Service, Cash, Clearing and Funds Transfer Unit. She also worked with Access Bank where she resigned as a Branch Services Operations Manager. Shehu was at a time, a member of the Board of Internal Revenue and was appointed as the Senior Special Assistant to the Executive Governor of Katsina State, from 2011 through 2015. In 2016, she made a significant commitment to her role in regional diplomacy and democratic processes by becoming an esteemed member of the Electoral Commission of the Economic Community of West African States (ECOWAS) for Presidential Election observation at Cape Verde Island. “I worked closely with the pioneer Minister of Humanitarian Affairs, Disaster Management and Social Development as a Consultant and Technical Adviser. “I also held the position of the National Programme Co-ordinator for the National Cash Transfer Office, a World Bank and Government Funded Programme by the Abacha Resituated Funds (ARF),” she said. Shehu, while responding to questions, commended the Senate for the legal framework establishing the social investment programme agency. She said the agency would ensure seamless implementation of the various aspects of the programme. “The agency under my watch, with other stakeholders, will ensure transparency in the implementation of the programmes and in the selection of vulnerable Nigerians across the country. “There will be full and logical implementation of the programmes for better attainment of the goals and objectives of the agency,” Shehu said. (NAN) (www.nannews.ng)

[streetreporters]

Unity Bank, CashToken Rewards Promo Produces New Millionaire

A Unity Bank customer, Mr. Amadi Chinmenem Gift Chike, has emerged as the latest winner of One Million Naira in the ongoing Cash Rewards Promo by Unity Bank Plc and CashToken Rewards Africa. CashToken Rewards Africa is a Cash-Reward-as-a-Service company that rewards customers for their patronage and loyalty. Mr. Amadi, a customer from Unity Bank’s Aba Road Branch, Port Harcourt, Rivers State,…

[hardynwa]

Banks grow e-banking revenue to N96bn – Report

Not less than 12 Nigerian banks have cashed in on the naira redesign policy of the Central Bank of Nigeria to boost its electronic banking income, the PUNCH has learnt. An analysis of the financial statements for the first quarter of 2023 of the banks showed that they generated total revenue of N96.48bn from their electronic banking platforms. This was an increase of 23.84 per cent from the N77.91bn recorded in the previous quarter of 2022. The PUNCH learnt that the top two e-banking earners were the United Bank for Africa Plc (N20.93bn) and Access Holdings Plc (N20.66bn). Other top earners included Zenith Bank Plc (N12.08bn), FirstBank Nigeria Limited (N17.88bn), and Guaranty Trust Bank Plc (N11.43bn). Others included FCMB (N6.58bn), Union Bank (N1.97bn), Wema Bank (N1.52bn), Unity Bank (N1.29bn), Stanbic IBTC (N958m), Fidelity Bank (N955m), and Jaiz Bank (N244m) Electronic banking income includes revenue from electronic channels, such as mobile applications, USSD channels, and internet banking. Since a now postponed CBN’s naira redesign policy forced many Nigerians to electronic forms of payment, the volume of cashless transactions in the country has grown. Cashless transactions grew by 44.84 per cent to N126.73tn in first quarter of 2023 from N87.49tn in the corresponding period of 2022, according to industry statistics from the Nigeria Inter-Bank Settlement System The CBN has stressed that the use of cash payments will reduce in the country by 2025. It stated this in its Payments Vision 2025 document. It explained that by 2025, the country will have a cashless and efficient electronic payment system infrastructure to service all sectors of the economy. It said, “The use of cash will naturally slow with the ‘mobile first generation’, which will be economically active by 2025, hence one of the focuses of the PSV 2025 is enhancing the cashless policy of the CBN. “As we implement the PSV 2025 agenda, the CBN will continue to ensure that the Nigerian payments system is widely utilised domestically, supports the government’s financial inclusion objectives, and meets international standards while contributing to overall national economic growth and development of Nigeria.” Read the full article