Unity Bank Posts Impressive Half Year Performance

The managing Director of Unity Bank Plc Tomi Somefun has disclosed that the lender has started reaping from its multiple streams of income which include asset creation, investments and other trade activities. The bank’s boss stated this following the release of its half year results by the Nigeria Stock Exchange, NSE. The results for the period ending June 2019 indicate upward performance in all core indices, better than the results posted within the same period 2018. Somefun stated that the Bank’ s increasing focus core areas of strength such as…

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NSE sustains decline since Buhari declared for Presidency

When Buhari confirmed his intention to run for the presidency, the bears went on rampage at the Nigerian Stock exchange, NSE, with investors losing N150 billion on the run on the market. Since then, there has been a sustained run on the market, negating expectations from analysts who expected the market to pick after exiting recession. This was blamed on the political intrigues that followed hhis declaration and bank runs due to the local party primaries and the outlook for the big one. Since the past three months, however, a…

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