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Figures Don t Lie! Despite Denial, Statements Show Unity Bank Is Troubled, Distressed Auditors Raise Red Flag

Figures Don t Lie! Despite Denial, Statements Show Unity Bank Is Troubled, Distressed Auditors Raise Red Flag
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Temisan tuedorUsman abdulqadirAminu babangidaOluwafunsho obasanjoMohammed bashirEbenezer kolawoleTomi somefunGodwin emefieleSam okagbuePolaris bankFirst bankCentral bankUnity bankSkye bankUnity bank plcNigerian exchange

Unity Bank asset up 68% as gross earnings fall | Premium Times Nigeria

2 min read Unity Bank Plc on Tuesday announced a pre-tax profit of N2.22 billion in 2020, saying its asset base grew to N492.02 billion. The bank in its audited result released by the Nigerian Exchange Ltd., said its total assets rose by 67.90 per cent when compared with N293.05 billion achieved in the comparative period of 2019. The bank’s customer deposit portfolio grew by 34.4 per cent to N356.62 billion, up from N257.69 billion posted in the corresponding period of 2019. The bank posted gross earnings of N42.71 billion compared with N44.59 billion recorded in the comparative period of 2019. Profit after tax stood at N2.09 billion, while profit before tax was N2.22 billion during the year under review.

Usman abdulqadirTomi somefunPt mag campaignNigerian exchange ltdUnity bankUnity bank plc onUnity bank plcChief executive officerExecutive directorCall willieஉஸ்மேன் அப்துழாதீர்ட் மாக் பிரச்சாரம்நைஜீரியன் பரிமாற்றம் லிமிடெட்ஒற்றுமை வங்கிஒற்றுமை வங்கி ப்ல் ஆன்ஒற்றுமை வங்கி ப்ல்

Unity Bank declares N492 02bn assets for 2020 – THE AUTHORITY NEWS

April 20, 2021 April 20, 2021 Unity Bank Plc on Tuesday announced an asset base of N492.02 billion for the financial year ended Dec. 31, 2020. The bank in its audited result released by the Nigerian Exchange Ltd., said its total assets rose by 67.90 per cent when compared with N293.05 billion achieved in the comparative period of 2019. The bank’s customer deposit portfolio grew by 34.4 per cent to N356.62 billion, up from N257.69 billion posted in the corresponding period of 2019. The bank posted gross earnings of N42.71 billion compared with N44.59 billion recorded in the comparative period of 2019. Profit after tax stood at N2.09 billion, while profit before tax closed at N2.22 billion during the year under review.

Usman abdulqadirTomi somefunNigerian exchange ltdUnity bankUnity bank plc onUnity bank plcChief executive officerMrs tomi somefunExecutive directorஉஸ்மேன் அப்துழாதீர்நைஜீரியன் பரிமாற்றம் லிமிடெட்ஒற்றுமை வங்கிஒற்றுமை வங்கி ப்ல் ஆன்ஒற்றுமை வங்கி ப்ல்தலைமை நிர்வாகி அதிகாரிநிர்வாகி இயக்குனர்