Tag: Union Bank
Just In: CBN appoints new CEOs for Union, Keystone, Polaris Banks
The CBN had on Wednesday evening announced the dissolution of the boards and management of Union Bank, Keystone Bank, and…
JUST IN: CBN sacks boards of Union, Keystone, Polaris Banks
The apex bank said this action became necessary due to the non-compliance of these banks and their respective boards with…
Union Bank: Special Investigator rejects requests by Tunde Lemo, others
This followed a letter by the legal firm of the purported buyers of the UBN that they can only honour…
CBN assures depositors of safety of funds in Titan Trust, Keystone banks
The apex bank gave the assurance following reports about alleged plans by the Federal Government to take over Titan Trust…
Naira crisis: Ogun boils again, three banks set ablaze (Video, photos)
Videos on social media show that Union Bank, First Bank and Keystone Bank have been set on fire by the…
How Kogi Assembly candidate stole N681m from bank customers’ accounts
Falola told Justice Tijani Ringim of the Federal High Court sitting in Ikoyi, Lagos that the fraudulent transfers of the…
Union Bank shares: Titan Trust N7 per share MTO excites minority shareholders
Recall that TTB, in pursuit of an expansionary course with the objective of building a stronger brand capable of taking…
Union Bank’s Acquisition: Titan Trust Bank aiming for market dominance
Its expansionary drive could not have come at a better time with Tier-1 banks moving to HoldCo structures, FinTech standing…
Titan Trust Bank acquires Union Bank
Union Global Partners Limited, Atlas Mara Limited and other majority shareholders divest 88.39 per cent shareholding in Union Bank to…
Union Bank staff Oluwasanmi jailed for theft of N116m
Temitope Oluwasanmi, a staff of Union Bank and his friend Augustine Olayinka were handed various jail terms today by Justice…
Furera Isma Jumare quits Union Bank board
Furera Jumare resigns as a non-executive director of the Union Bank board, according to Beatrice Hamza-Bassey, Chairman of the board
Union Bank reacts to closure of its Lokoja branch by Kogi Internal Revenue Service
Union Bank Nigeria Limited has said it would respond to the closure of its Lokoja Branch by the Kogi State…
Tax default: Kogi Govt seals Union Bank premises
Richard Elesho/ Lokoja For allegedly refusing to settle a tax overhang of N147.3 million, the Kogi State Government has shut…
Union Bank asks some staff to work from home
The Union Bank of Nigeria Plc said on Sunday that some of its workers would work from home from Monday…
£2.56b fraud against Union Bank: EFCC presents first witness
Was there an attempt by some smart alecks to fleece Union Bank of £2.56 billion by presenting a bogus UK…
Union Bank’s staff arraigned for stealing customer’s N3.47m
The Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal office has arraigned Gladys Udia before Justice M. L Abubakar…
Female banker steals customer’s BVN, then his money
A female banker Gladys Udia, has been docked in Port Harcourt, Rivers State, charged with seven-counts of conspiracy, stealing, forgery…
Union Bank: Ex-Ministers Enelamah, Udoma quizzed over $2b share scam
The Federal Government has begun the interrogation of those implicated in the alleged fraud that left over 65,000 Nigerian shareholders…
Union Bank posts N14.9bn profit in 3rd quarters of 2018
Union Bank of Nigeria (UBN) Plc on Tuesday declared a profit before tax of N14.9 billion for the nine months…
Union Bank announces partnership with TEDxLagos
Union Bank has announced its partnership with TEDxLagos for the upcoming TEDxLagos event scheduled for Saturday, August 18, 2018.
N6.7bn suit slammed on Union bank over alleged negligence, breach of contract
A multinational Oil company, Petrocam Trading Nigeria Limited, has slammed N6.75 suit on Union bank of Nigeria Plc over an…
Union Bank battles oil company over diversion of N13.2bn
A limited liability company, Bulk Strategic Reserve Limited and its company Secretary, Ben Amego, have dragged Union Bank Plc before…
Union Bank raises $163 mln via share sale to boost buffers
Nigeria’s Union Bank has raised N49.7 billion ($163 million) through a rights issued which it said was 120 percent subscribed.
Agric financing: NIRSAL, Union Bank earmark N10bn for 2018
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) and Union Bank, in a recent partnership, have earmarked N10…
Shareholders applaud return to profitability
Union Bank of Nigeria (UBN) shareholders on Wednesday lauded the management for returning the company to profitability.
Cyber attack on Union Bank paves way for hackers–WSJ
A Cyber attack on Union Bank of India in July 2016 initiated the malware that hackers used to steal Union…
Union Bank kicks off 100th anniversary celebrations
Union Bank, one of Nigeria’s most respected financial institutions, has kicked off celebrations to mark its 100th anniversary of service…
Union Bank appoints Cyril Odu as new chairman
The Union Bank of Nigeria on Thursday announced the appointment of Mr Cyril Odu as its new chairman following the…
Union, Sterling bag CBN’s agriculture awards
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday has rewarded Union Bank of Nigeria for…
Union partners bank on cassava production in Borno
The Cassava Farmers Cooperative Union (BCFCU) in Borno, on Sunday, said it had entered into an agreement with Union Bank…