Retail lender, Unity Bank Plc has declared a N2.2 billion profit for the nine-month period ended September 30, 2022, with 17% growth in gross earnings to N42.2 billion for the same period, as against N36.2 billion in the corresponding period of 2021. The increase can be attributed to new products that are focused on deep penetration and driving volume in the retail market space, IgbereTV reports
A review of the Agric-focused lender’s unaudited nine-month results released to the Nigerian Exchange Group Limited on Friday showed that the Bank’s Profit Before Tax, PBT rose by 5% to close at N2.206 billion. The Bank also recorded an equal marginal growth in its Profit After Tax, PAT which increased to N2.029 billion, representing a 5% rise from N1.9 billion recorded in the same period of 2021.
Unity Bank Plc continued its growth momentum as total loans and advances as of September 30, 2022, reported N284.2 billion, which represents a 6% spurt from the N269.3 billion recorded in the corresponding period of 2021.
Other key highlights of the 9-month financials include customer deposits of N334.7 billion which represents a 4% increase from N322.3 billion in the corresponding period.
The lender also substantially grew its interest income to N36.3 billion from N31.4 billion in the same period in 2021, creating a 15% uptick from the value of the bank’s loan asset portfolio.
The bank’s increased investment in digital banking platform empowered its retail potential to deliver a 17% growth in Fees and commissions to N5.3 billion closing September 30, 2022, from N4.6 billion recorded in the corresponding period in Year 2021.
Commenting on the result, the Managing Director/CEO of Unity Bank Plc, Mrs. Tomi Somefun said that the outlook for the full year 2022 remains positive, reflecting optimism, stability, and growth in key performance indicators
South Rap Lord, Erigga Releases A New Project Titled “Before The Chaos†The EP… Listen!!!
Before the release of his new album, Erigga decide to bless his fans with Before The Chaos EP. According to EriggaPaperboi;
“This just a way to tell you say rap don pass wordplays and metaphor. Now na ‘RAP ABOUT YOUR EXPERIENCE AND REAL LIFE MAKE WE HEAR AM’…â€
Before The Chaos EP consist of 6 tracks, features; Jay Teazer and Oga Network and production by Nolimit. While dishing out this new project Erigga shared the track – THE END as the EP’s lead single.
CDQ Finally comes through with his highly anticipated album – “Vibes and Lifestyleâ€.
NSNS releases CDQ ‘s third (3rd) studio album titled “Vibes and Lifestyle“. This project is a follow up to iBiLe Mugabe Album which he released in 2018, and Quality Album in 2016.
Based on the new project the rapper said- ‘COVID slowed us down a bit, but Now Vibes and Lifestyle Album is finally here’.
Sodiq Abubakar Yusuf (born May 6, 1985), popularly known by his stage name CDQ, is a Nigerian indigenous hip-hop rapper and songwriter best known for his singles “Indomie†and “Nowo E Soke“. While the former is instrumental for launching his career into the Nigerian music industry, the later won him his first career award at the 2016 Nigerian Music Video Awards. Signed to his label No Struggle No Success Entertainment, CDQ’s repertoire of music includes rapping in Yoruba language with addition of ad-libs such as the popular “Woss Wobi†which he invented.
“Vibes and Lifestyle†album is a 16 track body of work with guest artists; Wande Coal, Masterkraft, Wetly, Cross IV, Ben Pol & Hameen.
Continuing his dedication to Indigenous raps on his third release, CDQ infuses electronic production and rhythmic instrumentation with his signature relatable lyrics. With a spontaneous vibe, the rapper folds Yoruba rhymes into engaging storylines. He reunites with Masterkraft on “Bahamas†while adding cross-regional appeal with Tanzanian singer Ben Pol featuring on the melodic “Omokaâ€, and had talented artist, Wande Coal on three (3) tracks.
Fast rising Nigerian Singer FTarget debuts brand new single titled “New Level“.
Born Kingley Ugwoke chukwujekwu) is an Afro-fusion singer and songwriter from Nigeria, and known for his singles “Lighter†and “Hustle†the singer preaches a pay day and new dawn for ever hardworking in his new delivery dubbed “New Levelâ€
New Level is well crafted afrobeats song blended with befitting saxophone background as FTarget tells a story of how he’s life has changed to his listeners.
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King Perryy, or Continental Boy, is a talented afro-dancehall singer-songwriter from Nigeria. His debut single, “Turkey Nla,†is fantastic.
His new track follows the success of “Go German,†on which he cooperated with the talented Nigerian vocalist Bella Shmurda and the producer BackRoad Gee.
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Controversial investigative journalist, Kemi Olunloyo, continues to poke the healing wound of the famous singer, Davido, as she insists on where his late son should be buried.
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In a recent declaration via her official Snapchat page, Sophia Momodu revealed that she now understands that people are faced their struggles at every given point in life.
She crowned her statement by affirming that life is indeed tough, hence the need to be more empathetic towards others.
“Everyone’s really fighting their own battles. I pray God helps me to be more patient and empathetic with everyone around me. Life is not easy,†she wrote.
Flights were halted at Valencia airport in eastern Spain on Saturday after lightning and heavy flooding struck the runway following hours of torrential rain, airport officials said, IgbereTV reportsÂ
The storm which began late on Friday battered the eastern coastal region with high winds and heavy rain, with the downpour intensifying early on Saturday.
“Valencia airport’s runway is no longer operational after being hit by lightning. Repair work will start as soon as possible,†Spain’s airport operator AENA said on Twitter.
Spain’s air traffic control authority Enaire said all flights in and out of the airport had been suspended due to the storm.
“Heavy thunderstorms over Valencia airport have forced the suspension of all take-offs and landings,†it tweeted.
According to information posted by Valencia airport, at least nine incoming flights were diverted to alternative airports in Alicante, Barcelona, Ibiza and Madrid
Burna Boy clinches the 2022 EMA “Best African Actâ€.
The 2022 MTV European Music Awards took place on November 13 in Dusseldorf, Germany. This year’s show was hosted by Rita Ora and Taika Waititi.
In the nominations, Harry Styles bagged 7 different categories, while he was closely followed by Taylor Swift, with a total of 6 nominations. Nicki Minaj and RosalÃa, who each had five in total.
Nonetheless, a total of 17 categories were recorded, with 17 artists nominated for the first time, including Summer Walker, Kim Petras, and Mae Muller.
See Full Winners List Below;
Best African Act: Burna Boy WINNER
Best Hungary Act: Carson Coma WINNER
Best Nordics Act: Sigrid WINNER
Best Spain Act: Bad Gyal WINNER
Best Israel Act: Noa Kirel WINNER
Best Canada Act: Johnny Orlando WINNER
Best Latin America Central Act: Danny Ocean WINNER
Best Australia Act: G Flip WINNER
Best India Act: Armaan Malik WINNER
Best Germany Act: Badmomzjay WINNER
Best Latin America South Act: Tini WINNER
Best Brazil Act: Manu Gavassi WINNER
Best France Act: Amir WINNER
Best Portugal Act: Bárbara Bandeira WINNER
Best Netherlands Act: Goldband WINNER
Best Latin America North Act: Kenia OS WINNER
Best Poland Act: Ralph Kaminski WINNER
Best Switzerland Act: Loredana WINNER
Best Asia Act: TXT WINNER
Best New Zealand Act: Lorde WINNER
Best Caribbean Act: Daddy Yankee WINNER
Best US Act: Billie Eilish WINNER
Best UK Act: Harry Styles WINNER
Best Song:
Bad Bunny, Chencho Corleone – “Me Porto Bonitoâ€
Harry Styles – “As It Wasâ€
Jack Harlow – “First Classâ€
Lizzo – “About Damn Timeâ€
Nicki Minaj – “Super Freaky Girlâ€
ROSALÃA – “DESPECHÃâ€
Best Video:
BLACKPINK – “Pink Venomâ€
Doja Cat – “Womanâ€
Harry Styles – “As It Wasâ€
Kendrick Lamar – “The Heart Part 5â€
Nicki Minaj – “Super Freaky Girlâ€
Taylor Swift – “All Too Well†(10 Minute Version) (Taylor’s Version)
Best Collaboration:
Bad Bunny, Chencho Corleone – “Me Porto Bonito†David Guetta & Bebe Rexha – “I’m Good (Blue)â€
DJ Khaled ft. Drake & Lil Baby – “STAYING ALIVEâ€
Megan Thee Stallion & Dua Lipa – “Sweetest Pieâ€
Post Malone with Doja Cat – “I Like You (A Happier Song)â€
Shakira, Rauw Alejandro – “Te Felicitoâ€
Tiësto & Ava Max – “The Mottoâ€
Best Live:
Coldplay
Ed Sheeran
Harry Styles
Kendrick Lamar
Lady Gaga
The Weeknd
Best Pop:
Billie Eilish
Doja Cat
Ed Sheeran
Harry Styles
Lizzo Taylor Swift
Best New:
Baby Keem
Dove Cameron
GAYLE SEVENTEEN
Stephen Sanchez
Tems
Best K-Pop:
BLACKPINK
BTS
ITZY LISA
SEVENTEEN
TWICE
Best Latin: Anitta
Bad Bunny
Becky G
J Balvin
ROSALÃA
Shakira
Best Electronic:
Calvin Harris David Guetta
DJ Snake
Marshmello
Swedish House Mafia
Tiësto
Best Hip-Hop:
Drake
Future
Jack Harlow
Kendrick Lamar
Lil Baby
Megan Thee Stallion Nicki Minaj
Best Rock:
Foo Fighters
Liam Gallagher
MÃ¥neskin Muse
Red Hot Chili Peppers
The Killers
Best Alternative: Gorillaz
Imagine Dragons
Panic! At The Disco
Tame Impala
Twenty One Pilots
YUNGBLUD
Best R&B:
Chlöe
Giv?on
H.E.R.
Khalid
Summer Walker
SZA
Best Longform Video:
Foo Fighters – “Studio 666â€
ROSALÃA – “MOTOMAMI†(ROSALÃA TikTok LIVE Performance)
Stormzy – “Mel Made Me Do Itâ€
Taylor Hawkins Tribute concert, Wembley Stadium, London Taylor Swift – “All Too Well†(10 Minute Version) (Taylor’s Version)
Video For Good:
Ed Sheeran – “2stepâ€
Kendrick Lamar – “The Heart Part 5â€
Latto – “P*ssyâ€
Lizzo – “About Damn Time†Sam Smith – “Unholyâ€
Stromae – “Fils de joieâ€
Biggest Fans:
Blackpink BTS WINNER
Harry Styles
Lady Gaga
Nicki Minaj
Taylor Swift
Best Push:
Nessa Barrett
SEVENTEEN
Mae Muller
GAYLE
Shenseea
Omar Apollo
Wet Leg
Muni Long
Doechii
Saucy Santana
Stephen Sanchez
JVKE
Best Metaverse Performance: BLACKPINK The Virtual | PUBG WINNER
BTS | Minecraft
Charli XCX | Roblox
Justin Bieber – An Interactive Virtual Experience | Wave
Twenty One Pilots Concert Experience | Roblox
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No less than two people have been killed in a fire outbreak in Kano State.
They were confirmed dead and over 100 shops razed down in the fire incident in Kano State.
Public Relations Officer, Kano State Fire Service, Saminu Yusif Abdullahi confirmed the incident to DAILY POST on Sunday.
He said the incident happened at the Badume vegetable market in the Bichi local government area of Kano State.
He said three persons were trapped, including a female and two males.
Abdullah explained that a rescue team was quickly mobilized to the scene and were rescued unconscious and later taken to the hospital and two were confirmed dead.
He charged the public to use fire and electrical appliances with care to avoid inferno.
Yusuf said the cause of the incident is still under investigation.
The National Drug Law Enforcement Agency, NDLEAen has finally arrested Lagos socialite and owner of Adekaz Hotels, Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed).
Adekaz was arrested over offenses bordering on the exportation and trafficking of illicit drugs as well as money laundering.
He was declared wanted by NDLEA on Tuesday 1st November but failed to honor the agency’s invitation.
Reports show that he sponsored some traffickers arrested by the anti-narcotics agency that recently tried to export cocaine to Dubai, UAE, and other destinations outside Nigeria.
He was uncovered after one of his mules, Bolujoko Muyiwa Babalola, a Lagos BRT driver was nabbed on 27th June at the Murtala Muhammed International Airport, MMIA, Ikeja. He then named Alhaji Ademola Kazeem, alias Adekaz as the owner of the 900grams of cocaine he ingested.
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Adekaz’s properties in choice areas of Lagos island and Ibadan; bank account with a cash balance of Two Hundred and Seventeen Million Naira (N217,000,000.00), frozen, before he was finally caught.
Sophia Momodu, Davido’s first baby mama has apologized for Imade “insensitive post†to her dad, Davido on his birthday yesterday.
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Yesterday, November 21st was Davido‘s 30th birthday and his first daughter, Imade had put up a post to wish him a happy birthday. In the post were Davido, Imade, Ifeanyi, and Hailey.
Cybernauts, however, came for Sophia for allowing her to put up such an “insensitive post†up on his birthday.
In this light, her mom, Sophia has come forward to tender a heartfelt apology to the public.
She wrote:
“22 November, 2022 I realize that the earlier post may come across as insensitive and I sincerely apologize as that was not the intention. Imade deeply loves her father and all her siblings, and as a mother, I’m doing my best to guide her through the difficult emotion of grief from the loss of her brother whilst trying to celebrate her father’s birthday.
I ask for your consideration and hope that you all can be understanding during these times. Thank you Sophia Momoduâ€
The leader of the Indigenous People of Biafra, Nnamdi Kanu's lead counsel, Chief Mike Ozekhome, has headed to the Supreme Court.
The lawyer, on Friday filed an appeal before the Supreme Court, seeking the intervention of the apex court to set aside the order staying the execution of Kanu’s release.
Ozekhome argued that the Federal Government had failed to act on the decision of the Court of Appeal which granted a stay of execution of the judgment of the same court delivered on October 13, 2022.
IPOB’s lead counsel, Ifeanyi Ejiofor, speaking through a statement on Friday, stated that the Federal Government, having secured “this unprecedented reprehensible order for stay, went back to sleep and ostensibly abandoned its appealâ€.
Ejiofor also noted that Kanu’s legal team had filed an appeal before the Supreme Court “wherein we are seeking the intervention of the apex court to set aside the order staying the execution of Onyendu’s judgmentâ€.
“We also cross-appealed to the Supreme Court to determine pertinent fundamental issues pertaining to the judgment of the Court of Appeal. However, the Federal Government has yet to file any processes in response thereto,†Ejiofor added.
A copy of the appeal obtained by Saturday PUNCH on Friday was labelled: CA/ABJ/CR/625/2022 and signed by Kanu’s legal team led by Ozekhome.
Kanu, according to the suit, is seeking “an order of this Honourable Court striking out and/or dismissing the Respondent’s Appeal No: SC/CR/1361/2022, for want of diligent prosecution.
“An order of this Honourable Court setting down the Applicant’s cross-appeal for hearing, and for such further order(s) this Honourable Court may deem fit to make in the circumstances of this case.â€
The team argued that by Section 6 (1) of the Supreme Court (Criminal Appeals) Practice Direction 2013, the respondent had only 10 days within which to file and serve the appellant’s brief of argument, upon the service of record of appeal.
“Order 2 Rule 29 (1) & (2) and Order 6 Rule 9 of the Supreme Court Rules, (As Amended 2014) empowers the Applicant to make the instant application.
“Parties were served with the record of appeal on November 2, 2022. The ten days stipulated under the Fast Track Rules of this Honourable Court for the respondent to file its Appellant’s Brief have since elapsed.
“The Respondent is not diligent in prosecuting its appeal. The purpose of this Honourable Court’s Rules and Practice Directions is to provide fair, impartial and expeditious administration of criminal appeals, especially in relation to offences of terrorism, rape, kidnapping, corruption, money laundering and human trafficking.
“On October 28, 2022, the lower court while relying on the Notice of Appeal filed by the Respondent, granted the Respondent’s application for stay of execution of the judgment of the lower court, and consequently stayed the execution of its judgment delivered on October 13, 2022, which discharged the Applicant and prohibited his further detention (Pages 838-856)
“The Respondent which obtained an order of stay of execution of the judgment of the lower court, on the basis of this appeal, has not demonstrated any good faith in prosecuting the said appeal
“Owing to the pendency of the instant appeal, the Applicant who was discharged by the lower court on October 13, 2022, is still in the custody of the Appellant/Respondent’s State Security Service, where he has been held in solitary confinement since the June 29, 2021,†part of the ground of application read.
Hiker Falls 1,000 Feet to Her Death After Slipping on Ledge.
A woman plunged 1,000 feet to her death after slipping off the edge of a cliff while hiking with three friends on a mountain in Italy.
The young woman, identified as Maria Cristina Masocco, who lived in Feltre, was hiking on Sunday, Nov. 20, with three friends in the Dolomites, the highest peak in which measures nearly 11,000 feet tall.
They were reportedly walking single file along a ledge through a pass, when the woman slipped and fell “screamingâ€Â into a ravine and out of sight.
The disaster occurred around 4 p.m.
“The news that arrived this evening of the tragic death of the young Maria Cristina Masocco, which took place in the afternoon in the mountains, strikes us in a truly profound way,†lamented Viviana Fusaro, the mayor of Feltre, Belluno, located in the region of Veneto, where the accident took place.
Her hiking companions subsequently called emergency services, who dispatched a rescue helicopter to the scene.
Mayor Fusaro said: “In these hours, no words can soothe the intimate suffering of the mother, younger sister and friends. I want to express to them the sincere closeness of the entire community, who joins in an embrace to their great pain.â€
