30 results
- 19 Dec 2018
Connect Nigeria, Union Bank Celebrate Top 100 Emerging SMEs
Connect Nigeria in collaboration with Union Bank PLC over the weekend held an Award Ceremony aimed towards celebrating top 100 emerging SMEs in the country. The event which was held at the…
- 1 Feb 2023
IFC Partners Union Bank of Nigeria to Support Trade, SMEs
To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC yesterday announced a partnership with Union Bank of Nigeria Plc to help the bank expand lending to…
- 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…
- 14 Dec 2009
Union Bank UK Pledges Business Support
Union Bank United Kingdom (UK) Plc, an international subsidiary of Union Bank of Nigeria Plc has assured its esteemed customers in Nigeria that it was poised to add more value to their businesses.…
- 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…
- 26 Dec 2023
TitanTrust Bank / Union Bank: A Call for Transparency by Investigators
By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union Bank of Nigeria Plc ("Union Bank"), and this has…
- 13 Jul 2020
Union Bank to Expand Agency Banking Network
Union Bank of Nigeria Plc has said it will continue to expand its agency banking network to complement its operations and to also increase financial inclusion in Nigeria The bank also said it…
- 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…
- 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…
- 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…
- 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…
- 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…
- 15 Aug 2018
MTN Nigeria Inks N200bn loan facility with 12 banks for Network Expansion
MTN Nigeria on Wednesday signed a seven-year N200 billion medium term facility with a consortium of twelve (12) local banks, with FBN Quest acting as facility agent. Ferdi Moolman, Chief…
- 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,…
- 29 Apr 2025
Panic as Hackers Allegedly Steal N9.3Bn Customers' Fund from Union Bank
Union Bank of Nigeria Plc is facing a major financial scandal after hackers reportedly siphoned N9.3 billion from multiple customer accounts. The breach, which occurred on March 23, 2025, has led to…
- 19 Feb 2020
CBN Releases List of Authorised Banks in Nigeria
Central Bank of Nigeria (CBN) has released the list of deposit money banks and financial holding companies operating in Nigeria, meaning that anybody who transacts banking business outside the list…
- 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…
- 9 May 2024
CBN Unveils List of Licensed Deposit Money Banks
Central Bank of Nigeria (CBN) has released the list of licenced Deposit Money Banks operating in the country. Providing insights into the banking landscape in Nigeria, the list was made public on the…
- 21 May 2015
Loan Dodgers Owe Banks N138Bn
Loan default by customers made 13 Deposit Money Banks to lose a combined sum of N138 billion in the 2014 financial year, according to calculations by the Punch Newspaper. Data obtained from the 2014…
- 5 Aug 2015
Name and Shame: FCMB, MRS Fight over N6.2Bn Debt
Central Bank of Nigeria (CBN)-initiated name and shame campaign of banks’ delinquent debtors gained further momentum on Wednesday as First City Monument Bank Limited and Ecobank Nigeria published…
- 3 May 2017
CBN Expels 16 Banks from Forex Market
Central Bank of Nigeria (CBN) on Tuesday stopped 16 Deposit Money Banks from participating in the Small and Medium-scale Enterprises (SMEs)window of the foreign exchange market. Isaac Okorafor,…
- 15 Jun 2010
Banks Grant MTN N318 Billion Loan Facilities
MTN Nigeria, Nigeria’s leading telecommunications company has received fresh loan facilities to enable the company further expand its network across the country. A consortium of 15 Nigerian…
- 2 Nov 2009
Union Bank Restates Commitment to Customers
Union Bank of Nigeria Plc has feted high networth customers in Lagos with a pledge to ensure that their needs and aspirations will continue to remain paramount at every level of the bank. Funke…
- 27 Jan 2021
Atlas Mara Denies Getting Offers to Sell Stake in Union Bank
The major shareholder in Union Bank of Nigeria Plc, Atlas Mara Limited, has denied media reports that it has received offers to sell off its stake in the first generation bank. A few days ago, there…
- 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…
- 22 Dec 2021
Petro Union $15Bn Fraud Case: Supreme Court Okays Union Bank’s Appeal Bid
The Supreme Court has granted the application by Union Bank Plc to appeal the Court of Appeal judgement against the Central Bank of Nigeria (CBN), Union Bank, Minister of Finance and the…
- 30 Dec 2018
Union Bank, Firm Celebrate 100 Emerging SMEs
Union Bank Plc and Connect Nigeria have held an awards ceremony to celebrate the Top 100 Emerging SMEs in Nigeria. The Awards Ceremony, an initiative of Connect Nigeria and sponsored by Union…
- 1 Mar 2010
Union Bank Showcases Products At Kaduna Trade Fair
Union Bank of Nigeria Plc will showcase its strong fundamentals of time tested banking with provision of quality service and products at the Kaduna International Trade Fair. The bank’s…
- 21 Nov 2013
Terrorist Financing: Banks Meet over Plan for Nationwide Shutdown
National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest over the continued…
- 21 Sept 2009
Customers Reaffirm Confidence in Union Bank
Customers and opinion leaders in the South Eastern States of the Federation have re-affirmed their confidence and loyalty to Union Bank of Nigeria Plc, believing that the recent Central Bank of…