Unity Bank Rebounds, Declares N643m Profit

By The Source Unity Bank appears to have escaped impairments that slowed down growth for the mid-tier bank in the last few months. Recall that the Nigerian Stock Exchange, NSE placed the Tomi Shomefun-led bank on suspension for failure to file its financial statements last November. But in what keen market analysts described as a rebound, the bank has announced N643m profit before tax for the nine months financial period ending September 30th, 2018. Notably, analysts insist that the bank has shown increased presence in the agro-business sector by providing…

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