Business Recorder - Business & Finance - Money & Banking https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 10:37:51 +0500 Thu, 13 Aug 2026 10:37:51 +0500 60 Nigeria's Unity Bank swings 2010 pre-tax profit https://www.brecorder.com/news/9090/nigerias-unity-bank-swings-2010-pre-tax-profit <p class="MsoPlainText"><img style="margin-bottom: 10px; margin-right: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/central_bank.404.jpg" width="400" height="532" />LAGOS<span style="font-size: 10pt;">: </span>Nigeria<span style="font-size: 10pt;">'s Unity Bank said on Monday it had swung to a pre-tax profit of 13.31 billion naira ($86 million) last year compared to a loss of 20.97 billion in 2009.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">The bank, one of nine lenders judged to have insufficient capital by the central bank in 2009, said loans and advances increased 30 percent to 113.97 billion naira during the period.</span></p> <p class="MsoPlainText"><span style="font-size: 10pt;">                        <Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></span></p> LAGOS: Nigeria's Unity Bank said on Monday it had swung to a pre-tax profit of 13.31 billion naira ($86 million) last year compared to a loss of 20.97 billion in 2009.

The bank, one of nine lenders judged to have insufficient capital by the central bank in 2009, said loans and advances increased 30 percent to 113.97 billion naira during the period.

                       

Copyright Reuters, 2011

]]> Business & Finance https://www.brecorder.com/news/9090 Mon, 28 Mar 2011 14:06:13 +0500 none@none.com (Muhammad Iqbal)