Unity Bank Gets NYSC Recognition, Wins Icon of Youth Empowerment Award

In recognition of Unity Bank Plc’s contribution to the growth of entrepreneurship among Nigerian youths, the National Youth Service Corps, NYSC has named the lender “Icon of Youth Empowerment” in an award presented to the Bank during the Skills Acquisition & Entrepreneurship Department, SAED Festival held in Abuja recently.

The NYSC management said it was on record that Unity Bank under the able leadership of the MD/CEO, Mrs. Tomi Somefun had been unwavering in its commitment and support for the Skills Acquisition and Entrepreneurship Development programme of the NYSC as evident in the Corpreneurship initiative through which businesses of hundreds of corps entrepreneurs are being funded.

“In view of the foregoing, NYSC Management honours (Unity Bank) with the award of “Icon of Youth Empowerment” at the closing ceremony of the 2021 NYSC SAED Festival at NAF conference centre, Abuja on this 17th Day of December 2021,” said the Director-General of the NYSC, Brigadier General S. Ibrahim, while presenting the award to Unity Bank.

Speaking after receiving the award, the Group Head, Retail, SME and E-Banking, Mr. Olufunwa Akinmade said: “We are encouraged by this award to continue to partner with SAED in driving the Corpreneurship initiative.

We believe that the Corpreneurship Challenge possesses the capacity to unlock the entrepreneurship ingenuity of the youths in Nigeria.

“We commend the leadership of the NYSC for the award, even as we appreciate the leadership and the team at SAED for working hard to make this partnership produce the desired outcome. We are optimistic that the partnership will be sustained for as long as possible until it has impacted a critical mass that considerably reduces graduate unemployment in our nation.”

The Corpreneurship Challenge, which earned the lender the award is a business plan competition that provides corps members with the opportunity to pitch their business ideas and stand a chance of winning business grants ranging from N200,000 to N500,0000 as business capital while receiving mentorship.

Unity Bank premiered the Corpreneurship Challenge in 2019, with a launch in Lagos and in three other states which included Edo, Ogun, and Abuja, but with the increasing popularity of the initiative among corps entrepreneurs, the Bank has now extended the programme to 10 states of the federation including Lagos, Ogun, Abuja, Edo, Katsina, Enugu, Bayelsa, Akwa Ibom, Sokoto and Kaduna.

So far, Unity Bank has invested over N80 million in the initiative, which has now produced 58 winners since it was launched.

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Unity Bank Forges Collaborative Partnership with Women Groups as it Launches Yanga Account in Uyo, Gombe

Unity Bank has collaborated with identified women groups in the North East and South/South regions as the Bank launches Yanga Account in Gombe and Uyo.

A statement from the Bank said the initiative and platforms being created with the Yanga Account is intended to drive financial inclusion and deepen its retail franchise especially among women in mass retail segment of the market.

Unity Bank Launches Yanga Account In Ibadan To Promote Over 5 Million Women MSMEs In SouthWest

Nigerian Retail Lender, Unity Bank Plc is set to engage no fewer than 5 million Micro, Small and Medium Enterprises (MSMEs) being operated by women in the South West region, even as Sola Sobowale, the Brand Ambassador, asserts that no women will be left behind as the Bank launches Yanga Account in Ibadan.

BREAKING: Unity Bank Targets Women; Launches Yanga Account • Unveils popular nollywood actress, Sola Sobowale as brand ambassador

In its bid to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga Account, a new retail product designed to deepen beneficial impact on Micro Small and Medium Enterprises, MSMEs operated by women in the mass market retail space.

Unity Bank Holds 7th Edition of Corpreneurship Challenge; Doles Out N10M Grant to Corp Members

Nigerian lender, Unity Bank Plc has handed out a total of N10 million in prize money as business grants to 30 NYSC members in the latest edition of its flagship Youth entrepreneurship and empowerment initiative, Corpreneurship Challenge held across ten states recently.

#CustomerServiceWeek: Unity Bank Boss Restates Commitment to Delight Customers, Rewards Frontline Staff

In a bid to firmly entrench a customer-first attitude with enduring service culture, Unity Bank has launched a new service charter and Hall of Fame for staff. This is to create an exceptional customer experience as the Bank celebrates the 2021 Customer Service Week.

UNITY BANK DONATES BUILDING TO BORNO STATE UNIVERSAL BASIC EDUCATION BOARD

By Oki Samson, Trek Africa Newspaper

A building donated by Unity Bank Plc to the Borno State Universal Basic Education Board, SUBEB.

Unity Bank Corpreneurship Challenge Produces 30 More Winners in 6th Edition

A total of thirty members of the National Youth Service Corps, NYSC, have won cash prizes and business grants totalling N10 million in the 6th edition of the expanded Unity Bank flagship business plan competition known as Corpreneurship Challenge.

Unity Bank Unveils New Code on USSD Platform to Combat E-Banking Fraud

In a bid to safeguard its e-banking platforms with enhanced safety and security features, Unity Bank Plc has unveiled a new code on its USSD platform that completely puts the customer in control of his Bank Account against any e-Banking fraud.

Unity Bank Grows 34% Pre-tax Profit, Records N23B Gross Earnings in H1 2021

Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding period of 2020.

A review of the unaudited half year result (H1’2021) released to the Nigerian Stock Exchange, the Agric-focused lender showed notable improvement across key financial matrices.

Unity Bank commits over N30m to empower NYSC members

Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps  (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge.

The sum includes N4 million won by beneficiaries on four separate editions across four states and N10 million won by beneficiaries across the ten states in the latest edition.

CBN debunks report on planned nationalisation of Unity Bank

The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium.

Reacting to the report, the Acting Director, Corporate Communications Department, CBN,  Osita Nwanisobi, described it as, “fake news” and should be discarded in its entirety.

NYSC Members Win N10m Cash Prizes in Unity Bank Corpreneurship Challenge

No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten states last week.

Unity Bank Partners RIFAN on Ekiti Pyramids Project

Having sponsored no fewer than 900,000 smallholder farmers in rice production across the federation to benefit from CBN'S intervention fund under the Anchor Borrowers Programme, Unity Bank Plc has partnered the launching of Ekiti Rice Pyramid Project in South West Nigeria held recently.

FINANCIAL LITERACY: Unity Bank Kick-Starts One Minute Genius 2.0

In its drive to boost financial literacy among students in primary and secondary schools across the nation, Nigerian lender, Unity Bank Plc has flagged off Season 2 of its pioneer educational gameplay, the One Minute Genius, OMG.

Unity Bank Sustains Momentum, as Profits Rise by 43% in Q1/2021

Nigeria’s foremost agric lender, Unity Bank Plc has sustained the growth momentum demonstrated in its 2020 full year earnings as it recorded an impressive performance of 43% in both profit before and after tax in Q1-2021.

Unity Bank Posts Assets Growth of 67.90% to N492.02 Billion, As Gross Earnings Hit N42.71 Billion in FY 2020

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded in 2019. This is even as the agric-focused lender declared gross earnings of N42.71 billion within the period under review.

Unity Bank Continues to Operate on improved Key Performance Indicator

Our attention has been drawn to some online reports on purported action of the board of Unity Bank on the performance of the Bank.

The Bank has a cohesive board that is working harmoniously with the Executive Management team led by Mrs. Tomi Somefun (MD/CEO) to drive the growth of the Bank.

RIFAN Commends Unity Bank for Supporting Smallholder Farmers

Rice Farmers under the aegis of Rice Farmers Association of Nigeria, RIFAN have commended Unity Plc for the pivotal role it played in facilitating credit to farmers under the CBN’s Anchor Borrowers Programme (ABP).

The association specially commended the Managing Director of Unity Bank, Mrs. Tomi Somefun for her leadership and doggedness in supporting the rice farmers through the Anchor Borrowers’ Programme, which is playing a critical role in Nigeria’s quest to attain self-sufficiency in rice production.

Unity Bank Committed to Rice Farmers to meet Self-sufficiency Target in Rice Production – Somefun

LAGOS.04-03-2021: Over 642,860 smallholder farmers across 35 states of the federation have received support from Unity Bank Plc under the CBN’s Anchor Borrower’s Programme, ABP to boost food production and attain self-sufficiency in rice production in Nigeria.

Giving the assessment at the flag-off of the 2020 wet season harvest aggregation in Kebbi State on Tuesday, the Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun reassured the rice farmers of the commitment of the Bank to providing necessary support to rice farmers in Nigeria.