30 results
- 21 Dec 2020
Union Bank Names Okonkwo MD Designate as Emuwa Retires
The Board of Union Bank Nigeria Plc Monday announced that Mr. Emeka Emuwa, chief executive officer, will retire on March 31, 2021, after leading the financial institution for eight years. Emeka Emuwa…
- 1 Apr 2013
Union Bank Rules out Acquisition of other Banks for Now
New management of Union Bank Plc said it has no immediate plan to expand or acquire other banks, but ensuring that its service delivery is at the best level possible. Emeka Emuwa, group managing…
- 8 Apr 2017
Union Bank to Raise $164m to Bolster Capital Buffers
Union Bank of Nigeria plans to raise 50 billion naira ($164 million) by the end of the second quarter via a rights issue to boost its capital adequacy and tap opportunities to lend to agribusinesses,…
- 5 Apr 2021
Okonkwo, New Union Bank Boss Promises to Reposition Bank
Mr. Emeka Okonkwo, new chief executive officer of Union Bank, has promised to reposition the bank to ensure it not only serves its customers better, but reward bountifully its numerous shareholders.…
- 9 Apr 2015
CBN Barks, to Publish Names of Chronic Bank Debtors
Central Bank of Nigeria (CBN) said it would publish the names of chronic bank debtors and waxed worriedly about the growing amount of non-performing loans in the books of banks in the country. The…
- 16 Apr 2015
Union Bank Deploys Banking Software to Boost Efficiency
Union Bank of Nigeria Plc (UBN) has deployed the Oracle FLEXCUBE Universal Banking Solution 12.0, a new core banking application to modernise its infrastructure, improve operating efficiency and…
- 9 Jun 2016
Banks Halt Retrenchment, Labour Hands Banks 21-Day Ultimatum to Reverse Sack
Nigerian Bankers’ Committee at their 327th meeting in Abuja on Thursday agreed to halt the spate of recent mass sack in the industry. This came as the Nigeria Labour Congress (NLC) and the Trade…
- 5 Jul 2016
Union Bank Launches Networking Series
Union Bank of Nigeria Plc. stormed Abuja, Nigeria's capital city with a series of activities to further reflect its commitment towards delivering a simpler and smarter bank to its customers. The…
- 27 Oct 2016
UBN Declares N93.44Bn Gross Earnings in 9 Months
Union Bank of Nigeria (UBN) Plc yesterday announced gross earnings of N93.44 billion for nine months ended Sept. 30, 2016. This is contained in a statement issued by the bank and made available in…
- 28 Jul 2017
Union Bank Grows Profit to ₦9.2Bn in H1 2017
Union Bank of Nigeria has posted a 23 per cent growth in gross earnings for the half year ended June 30, 2017. The bank’s gross earnings for the period under review rose to ₦73.7bn against ₦60.1bn…
- 8 Jan 2018
Union bank: CBN, SEC complete rights issues
The Securities and Exchange Commission (SEC) and Central Bank of Nigeria (CBN) have concluded share allotment and capital clearance review of the N50 billion rights issue of Union Bank of Nigeria.…
- 28 May 2018
Union Bank Introduces Robotics to Ease Banking Operations
Union Bank Plc has introduced a Robotic Process Automation (RPA) to ease routine banking operations especially that of cash dispense errors made by Automated Teller Machines (ATMs). The RPA…
- 4 Jun 2018
Union Bank Gets ISO 9001:2015 Certification
Union Bank of Nigeria Plc has announced its attainment of the ISO 9001:2015 certification by the Standards Organisation of Nigeria (SON), having successfully fulfilled all the stringent requirements…
- 8 Mar 2019
Union Bank Unveils ‘Alpher’, Sponsors Women Entrepreneurs
Union Bank of Nigeria Plc, a financial institution known for placing premium value on women, joined the rest of the world to celebrate the female folks as the world marked International Women’s Day…
- 25 Oct 2019
NCC, Others Join Forces on Loan Seekers’ Data
Central Bank of Nigeria (CBN) has said that it is collaborating with the Nigeria Communication Commission (NCC) and other data gathering agencies to get additional data of customers who take loans…
- 29 Jan 2020
Union Bank Downsizes Operations, Sells UK Arm
Union Bank of Nigeria Plc has announced that it has entered a share sale and purchase agreement to divest its 100 per cent equity stake in Union Bank UK Plc. In a notification to the Nigerian Stock…
- 2 Mar 2020
IFC, Union Bank to Support Nigerian SMEs & Women-led Businesses
IFC, a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in…
- 9 Sept 2020
CBN, Bankers Committee Move to Tackle Cyber Security With Moni Sense
The Bankers’ Committee of Nigeria in partnership with the Central Bank of Nigeria, has unveiled its cybersecurity & fraud awareness campaign, known as ‘Moni Sense’. Moni Sense, is specifically…
- 11 Sept 2020
Bankers’ Committee Introduces “Moni Sense” for Fraud Awareness
Central Bank of Nigeria (CBN) and the Bankers’ Committee have launched a cyber-security and fraud awareness campaign, called ‘Moni Sense,’ to educate members of the public on the benefits of…
- 11 Oct 2020
IFC, Union Bank Partner to Boost Access to Trade Finance in Nigeria
IFC, a member of the World Bank Group, has announced a finance guarantee facility to Union Bank to boost access to finance for local business, enable increased international trade for Nigeria and…
- 13 Oct 2020
Union Bank Secures $40m from IFC to Boost Trade
Union Bank said it has received a $40 million facility from the International Finance Corporation (IFC), a member of the World Bank Group, to boost access to finance for local business, increase…
- 22 Mar 2021
Union Bank Declares 25 kobo Dividend to Shareholders for 2020 Business Year
Union Bank of Nigeria (UBN) Plc has declared payment of dividend per share of 25 kobo to shareholders as return for the 2020 business year. The bank’s results for the period show sustained growth in…
- 24 Mar 2021
Union Bank to Go Ahead with Sale of UK Subsidiary
Union Bank of Nigeria (UBN) Plc has restated its commitment to the sale of its United Kingdom’s (UK) subsidiary, Union Bank UK (UBUK) Plc, despite the delay in the transaction process. Joe Mbulu,…
- 10 Sept 2021
Emeka Okonkwo, Union Bank CEO Increases Stake in Bank by N20.6m
Emeka Okonkwo, chief executive officer of Union Bank of Nigeria, has increased his stake in the bank by acquiring an additional 3,951,874 units of the bank’s shares, worth N20.6 million. Emeka…
- 21 Dec 2021
Union Bank Joins IFC’s GTFP, Secures $40m to Boost Trade Finance
Union Bank Plc has received finance guarantee facility from the International Finance Corporation (IFC), a member of the World Bank Group that will help boost access to finance for local business,…
- 15 Jun 2010
Citibank Nigeria Kicks Off Diversity Week
Citibank has flagged off its Third annual Diversity week for in over 54 countries in the Europe, Middle East and Africa region. The Diversity week for the year 2010, which commenced Monday, was…
- 28 Apr 2025
AFC Appoints Ireti Samuel-Ogbu as Chair of Board of Directors
Africa Finance Corporation (AFC), the continent's leading instrumental infrastructure solutions provider, has announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors.…
- 26 Aug 2013
Balogun, FCMB Boss Bags CIBN Fellowship
Chartered Institute of Bankers of Nigeria (CIBN) has as part of activities marking its 50th anniversary, conferred the fellowship of the institute, on Mr. Ladi Balogun, group managing director/chief…
- 25 Aug 2013
Union Bank Develops ‘Bank-of -the-Future’ Prototype
Union Bank of Nigeria Plc has entered into a collaborative initiative with Samsung Electronics West Africa, to develop a ‘Bank-of -the-Future’ prototype aimed at providing superior experience in…
- 31 Jul 2014
Changes in AFC’s Board, Alade Assumes Chairmanship
Board of the Africa Finance Corporation (AFC) on Wednesday announced that as part of AFC’s Board succession process, Mr. Adebayo Ogunlesi and Mr. Aliyu Dikko retired from the Board of Directors.…