Unity Bank

[Oracle]

Originally Posted by knightofdelta

Oga Oracle, you are not thinking outside the box... when I was training to hit the financial world, it was during my internship training and NYSC. If I decide to go into music, I may contact Don Jazzy and tell him about my dream and convince him to make me his protege for two years while learning from him and keeping my current job.

There is nowhere you will volunteer to work for free that they will not give you flexibility to mix with your current job or business. Maybe I think this way because I live by three mantras

• I do not believe in the impossibility
• I can always become whatever I want to be
• There are many things in life that are more important than money

Since you do not believe in impossibility then answer this question: (taken from Salida's comic relief) I opened a plastic coca cola bottle and poured it(the coke) into an ocean. I want you to get the coca cola back for me from the ocean? Na today?

[knightofdelta]

Originally Posted by Oracle

Since you do not believe in impossibility then answer this question: (taken from Salida's comic relief) I opened a plastic coca cola bottle and poured it(the coke) into an ocean. I want you to get the coca cola back for me from the ocean? Na today?

There was a man who said men will never fly and his sons ended up building the first airplane. Maybe your sons will be the ones to develop the technology that will extract coke from the ocean...

[dr.abrahamb]

Originally Posted by knightofdelta

Oga Oracle, you are not thinking outside the box... when I was training to hit the financial world, it was during my internship training and NYSC. If I decide to go into music, I may contact Don Jazzy and tell him about my dream and convince him to make me his protege for two years while learning from him and keeping my current job.

There is nowhere you will volunteer to work for free that they will not give you flexibility to mix with your current job or business. Maybe I think this way because I live by three mantras

• I do not believe in the impossibility
• I can always become whatever I want to be
• There are many things in life that are more important than money

To the bolded part Oga KOD, IT IS POSSIBLE with me!

[nosa2]

Originally Posted by knightofdelta

Ahhh! Oga Nosa so na you collect the deal wey I dey try cut with your sister? Na wa to you oh!




Your theses are 100% wrong my man. You don't know Nosa's people. I know his sister and the sister's boss and knowing the kind of people they are, they will open an account in their own names and watch everything Nosa does very closely...

No be that politician own o! But you're absolutely right, everybody has their own brokerage accounts but I'm the one giving the instructions, to be honest investing with other peoples money presents a whole new set of challenges and I dont like it. Anyway this investment thing is not a business to me

[knightofdelta]

Originally Posted by nosa2

No be that politician own o! But you're absolutely right, everybody has their own brokerage accounts but I'm the one giving the instructions, to be honest investing with other peoples money presents a whole new set of challenges and I dont like it. Anyway this investment thing is not a business to me

There you go. Unfortunately, I don pass that level wey I go do anything for free... I for talk say make I give you free consultancy... And because na your sister and her boss if you need me to step in, I go charge them badly because both of them don show me well well..

[knightofdelta]

Originally Posted by dr.abrahamb

To the bolded part Oga KOD, IT IS POSSIBLE with me!

Point well noted, my oga...

[nosa2]

Originally Posted by knightofdelta

There you go. Unfortunately, I don pass that level wey I go do anything for free... I for talk say make I give you free consultancy... And because na your sister and her boss if you need me to step in, I go charge them badly because both of them don show me well well..

I never collect her boss account o! Na still my mom and sis for now, but I dont think I need help cause I just mirror my portfolio and so far they're up 30%. The challenge really is not wanting to loose, I can loose my money and know why but with someone else's money its different. Anyway thanks for the offer

[BigJay01]

Originally Posted by Oracle

My Oga, Good morning Sir. You don come back from mama Charlie zone!

Ekabo oooo! Ki le mu wa!

Don't mind Nosa, he is making his money using other people's money and he is telling us that he is working for free.

If there is a free N300m given to you for investment, will you ask for a fee again. All you will just do is to give the owner of the fund a time frame of investment like 4 year after which he will get his money and profits that had been negotiated. And the rest of the money will be yours!

Imagine that during the 2008 crisis, you got N200m from one Onitsha business man and promise to pay him a total amount of N300 after 3 years. And you betted on Flourmill at N16 and sold off last year at N90. You will make a gross of N1.125b ( excluding broker's commissions). When buy and sell commission(assume 2% each), you will be making a net of N1.096b. And from this figure, you will pay the Ontisha business man N300m which you promised him and then keep N796m. This is the PAT for some banks(diamond or insurance companies after YE).

What if it went pear-shaped? The man might have made a mince meat of you!

I did buy at N13, panicked and sold at N27

In the investment world the rear view mirror is always clearer then the windscreen.

[saheewale]

Unity Bank spent ?1.2b on Lagos State BRT buses

[hispy99]

Originally Posted by Oracle

Since you do not believe in impossibility then answer this question: (taken from Salida's comic relief) I opened a plastic coca cola bottle and poured it(the coke) into an ocean. I want you to get the coca cola back for me from the ocean? Na today?

Even the three time world football player agrees that impossible is nothing

IMPOSSIBLE IS NOTHING - YouTube

[Salida]

Unity Bank?s facility for BRT buses hits N981.1m

[saheewale]

Unity Bank Opens 17 New Branches | Leadership Newspapers

[austine42007]

Oga aglioelis.

i no understand this ur post ooo.......

[Amsco Nigeria Limited]

Please i will like to know the fixed date for shareholders AGM annual meeting.

from AMSCO NIGERIA LIMITED

[Salida]

Universal banking: Unity Bank divests holdings in Caranda ? The Punch - Nigeria's Most Widely Read Newspaper

[cashrules]

UNITY BANK PLC
April 13, 2012
Audited Year-End Results (Dec. 31, 2011)
Gross Earnings 31-12-11 N47.531b 31-12-10 N64.808b
Interest & Similar Income 11 N30.314b 10 N29.165b
Interest & Similar Charges 11 (N9.165b) 10 (N12.502b)
Total fees, Commission & Other Income 11 N11.872b 10 N9.724b
Operating Expenses 11 (N32.452b) 10 (N32.100b)
Diminution in Asset Value 11 (N2.786b) 10 (N6.795b)
Profit before tax 11 N3.127b 10 N13.409b
Taxation 11 (N695.706m) 10 (N922.348m)
Profit After Tax 11 N2.431b 10 N12.487b

Balance Sheet Information
Fixed Assets 31-12-11 N23.231b 31-12-10 N23.787b
Investment in Securities 11 N56.951b 10 N42.013b
Treasury Bills 11 N31.547b 10 N20.721b
Loans & Advances 11 N113.661b 10 N113.974b
Cash and Bank Balances 11 N27.703b 10 N17.388b
Other Debit Balances 11 N122.834b 10 N87.592b
Deposits 11 N266.916b 10 N221.700b
Other Credit Balances 11 N64.533b 10 N39.492b
Net Assets 11 N44.480b 10 N44.2480b


Proposed Dividend Nil
Proposed Bonus Nil
Qualification Date Not yet communicated
Closure Date Not yet communicated
AGM Date Not yet communicated
Payment Date Nil
AGM Venue Not yet communicated

[Picolena66]

Nigeria: Unity Bank Grows Balance Sheet By 64 Percent *
Unity Bank Plc has ended the 2011 financial year ended December
31, 2011 on positive note with impressive growth in key balance
sheet items.
allAfrica.com: Nigeria: Unity Bank Grows Balance Sheet By 64 Percent

[cashrules]

UNITY BANK PLC
April 26th 2012
Unaudited Results (March, 2012)
STATEMENT OF COMPREHENSIVE INCOME
Gross Income 31-03-12 N12.693b 31-03-11 N50.727b
Interest Income 12 N9.950b 11 36.348b
Interest Expense 12 (N3.464b) 11 (N9.155b)
Net Fee & Commission 12 N2.742b 11 N8.163b
Operating Income 12 Nil 11 N6.216b
Operating Expenses 12 (N6.832b) 11 (N32.091b)
Credit & Impairment Losses 12 (N90.002m) 11 (N1.421b)
Profit before Tax 12 N2.306b 11 N7.058b
Taxation 12 (N346.000m) 11 (N642.480m)
Profit after Tax 12 N1.960b 11 N6.416b

STATEMENT OF FINANCIAL POSITION
Fixed Assets 31-03-12 N21.624b 31-12-11 N21.954b
Investments 12 N1.271b 11 N1.414b
Loans and Advances 12 N145.202b 11 N120.017b
Cash and Bank Balances 12 N33.460b 11 N27.702b
Other Debit Balances 12 N186.777b 11 N154.818b
Deposits 12 N271.121b 11 N266.877b
Other Credit Balances 12 N67.597b 11 N65.662b
Net Assets 12 N50.217b 11 N49.175b

[joy111]

Where D pro share get her own Results of march 2011 (50,727.00 And PTA 6,416.00 )

[Picolena66]

Nigeria: Unity Bank Grows Balance Sheet to N506 Billion *
Unity Bank Plc has recorded a 63.68 per cent growth in balance sheet
size in the financial year ended December 31, 2011, from
N309.35billion in December 2010 to N506.35 billion while operating
income grew by N27.59 per cent from N24.23 billion to N30.91 billion.
allAfrica.com: Nigeria: Unity Bank Grows Balance Sheet to N506 Billion