20 results
- 8 May 2023
Titan Trust Bank to Acquire Union Bank's minority shares
Titan Trust Bank Limited is set to acquire the equities of Union Bank of Nigeria (UBN) Plc held minority investors after the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission…
- 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…
- 3 Jun 2022
Union Bank Completes Sale to Titan Trust Bank
Union Bank of Nigeria (UBN) Plc announced it has completed the transfer of its 93.41 per cent share capital to Titan Trust Bank (TTB). This comes as it also revealed it has completed the divestment…
- 23 Dec 2021
Titan Trust Bank Acquires Union Bank
Titan Trust Bank Limited (TTB), one of the fastest-growing and customer-centric financial service providers in Nigeria, has acquired Union Bank of Nigeria Plc. This followed an agreement by Union…
- 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,…
- 7 Apr 2026
How Unethical Deals Triggered CBN Takeover of Union Bank -Forensic Report
A forensic audit report has detailed the multi-trillion naira financial mismanagement that led to the January 2024 sack of former directors and owners of Union Bank of Nigeria (UBN) and the…
- 7 May 2021
Zenith, Access Banks Join Race to Acquire Union Bank
Zenith Bank Plc and Access Bank Plc, two Nigerian lenders – are among the list of financial institutions from Africa and the Middle East that have indicated an interest in the acquisition of Union…
- 7 Mar 2021
Union Bank Unveils M36, Digital Investing Solution
Union Bank of Nigeria Plc (UBN) has launched the M36 digital investment platform that would offer a wide range of investment opportunities to investors through a self-service app. The M36 also offers…
- 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…
- 19 Nov 2012
Profitability, New Investors Bolster UBN Confidence
Increased volatility in the volume and price of Union Bank of Nigeria (UBN) shares at the Nigerian Stock Exchange (NSE) is suggesting renewed investors’ confidence on the bank which has just emerged…
- 15 Jan 2024
Fitch Cautions Against Regulatory Actions on Union Bank Not to Trigger Downgrade Rating
Rating agency, Fitch Ratings, has said that increased regulatory actions or funding instability may lead to a downgrade rating for Union Bank of Nigeria. In its latest rating of the bank, it placed…
- 4 Sept 2020
KGIRS Seals Union Bank Premises in Kogi over Tax Liability
Kogi State Internal Revenue Service (KGIRS) on Friday sealed the premises of Union Bank of Nigeria (UBN) Plc for its refusal to pay tax liability of over N147.3 million owed the Kogi state…
- 20 Mar 2022
Union Bank Charity Initiative gives Joy to Communities
Union Bank Plc and its employees recently celebrated their Employee Volunteer Day (EV Day) with a series of targeted charitable donations and projects aimed at improving the lives of Nigerians. 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…
- 4 Jan 2017
Wari to Deepen African Banking Services, Launches in Nigeria
Wari, an innovative platform offering easy-to-use mobile, web and card solutions for organizations (institutional, commercial and financial) and customers in Africa and around the world across our…
- 24 May 2022
11 Banks Rake in N261.99Bn Net Profit in 3 Months
Increased lending by banks to businesses and the economy jacked up interest income in the banking sector, hence, reflecting on the cumulative net profit of N261.991 billion declared by 11 banks…
- 17 Nov 2009
UBN Plc Makes History with SPMS
Union Bank of Nigeria Plc is set to launch Electronic Stallion Prepaid Management System (SPMS), a landmark payment solution designed to make prepaid cards universally seamless Nigeria…
- 13 Feb 2025
Banking Consolidation Less Likely as Nigerian Banks Meet Capital Requirements – Fitch
Fitch Ratings has said that Nigerian banks are making significant progress in raising core capital to meet new paid-in capital requirements. The rating agency noted that the banks are generally on…
- 29 Dec 2014
Insurance Emerges Toast of Foreign Investors in 2014
More foreign investors are buying into the nation’s insurance sector, to bring their experience and expertise to drive insurance penetration in the country currently put at less than one per cent.…
- 6 Jun 2022
Afreximbank Supports Titan Trust Bank with $300m Facility
African Export Import Bank (Afreximbank) yesterday said it had secured a $300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority…