Author: InvestAdvocate

Unity Bank Projects N27B In Q4 Earnings, Targets N4B Profit

September 9, 2024/Unity Bank Plc 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 […]

NDIC, BOI, BDAN, Other Financial Institutions Set for $1 Trn Economy Discourse at FICAN Conference

September 9, 2024/FICAN The Nigeria Deposit Insurance Corporation (NDIC), the Central Bank of Nigeria (CBN), the Bank of Industry (BoI), the  United Bank for Africa, Access Holdings plc and a host of other banking and financial institutions have thrown their weight behind the 2024 conference of the Finance Correspondents Association […]

Composite PMI expands in August 2024

September 9, 2024/CSL Research The Central Bank of Nigeria (CBN) recently released the Purchasing Managers’ Index (PMI) survey for August 2024, covering three key sectors: Industry, Services, and Agriculture. The composite PMI for August stood at 50.2 points, marking the first expansion in economic activities after 13 consecutive months of […]