Unity Bank had a strong first quarter performance

Profit Before Tax (PBT) increased by 1.1 billion, while Profit After Tax (PAT) increased by 941.4 million.Unity Bank Plc continued to strengthen its performance in the first quarter of 2023.In its unaudited financials for the first quarter of 2023, the bank said that it achieved a profit after tax of #1.04 billion, a 21% increase over the 869.2 million earned in the same period of 2022. Its gross earnings for the quarter were estimated to be N15.9 billion, a 17 percent increase from N13.6 billion in the same period in 2022. Unity Bank Plc's Managing Director/Chief Executive Officer, Tomi Somefun, stated that the bank would remain laser-focused on its strategic choices and key development drivers in order to push all indices and lift growth to new heights  to double-digit territory.