30 results
- 6 Jul 2010
Fast Express to Increase Share Capital to 20 Million
Fast Express couriers Nigeria Limited, which started with authorized share capital of N100,000.00 divisible into 100,000 ordinary shares of N1.00 each, and later increased to N10,000,000…
- 21 Jun 2022
CardinalStone Securities Executes Largest Block Deal in Nigerian Capital Market
CardinalStone Securities has announced its recent execution of the sale of 27,336,952,296 ordinary shares of Union Bank of Nigeria Plc at N7 per share by Atlas Mara Limited and Union Global Partners…
- 22 Jul 2015
Integration of W/A Capital Markets Get Boost with Formation of WASRA
The aspiration for an integrated West African economy received a massive boost when Chief Executive Officers of the three Capital Market Regulatory Institutions in the Region agreed to establish an…
- 12 May 2021
FSDH Funding SPV Lists N12bn Bonds on FMDQ Exchange
FMDQ Securities Exchange Limited has approved the listing of the FSDH Funding SPV Plc’s N7.05 billion Tranche A and N4.95 billion Tranche B Series 1 Fixed Rate Bonds, under the company’s N30 billion…
- 4 May 2010
Union Express Covers 13 States
Union Express Limited is well represented in 13 state capitals from where they deliver to over 1,000 cities and towns in Nigeria. The courier company is a Subsidiary of Union Registrars Limited, and…
- 9 Nov 2016
CBN Goes Tough on Illegal IMTOs, Banks over Money Transfers
Central Bank of Nigeria (CBN) has threatened to deal with any illegal International Money Transfer Operators (IMTOs) in the country when caught, warning Nigerians in the diaspora to desist from…
- 3 Jun 2021
FMDQ Exchange Admits Union Bank’s Series 8/9 Commercial Papers
The FMDQ Securities Exchange Limited, has approved the Quotation of the Union Bank of Nigeria Plc, ₦2.58 billion Series 8 and ₦32.38 billion Series 9 Commercial Papers under its ₦100.00 billion…
- 7 Jun 2021
NGX Lists Nova Merchant Bank’s N10Bn Bond
Nigerian Exchange Limited commemorated the listing of Nova Merchant Bank Plc’s N10billion Bond on Thursday, 3 June 2021 with a digital Closing Gong ceremony. The bond listed is the NOVAMBL…
- 19 Jul 2010
We Leverage on ICT for Effective Delivery - Chikezie
Ralph Chikezie, a renowned business administrator and logistician, is the managing director and chief executive officer of Union Express Limited, a Subsidiary of Union Registrars Limited, and a…
- 15 Jun 2021
NG Clearing Limited Becomes Nigeria’s Premier Central Counterparty
Nigeria’s apex capital market regulator, the Securities and Exchange Commission (SEC) has granted NG Clearing Limited (NG Clearing) registration to perform the function of a central counterparty…
- 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…
- 1 Mar 2010
Union Express Introduces a New Package
Union Express Limited, has embraced an accounting package called “sage”, for proper documentation and running of accounting processes. Frank Oise, Head of operations of the company who…
- 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…
- 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…
- 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…
- 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,…
- 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…
- 29 Dec 2023
Union Bank Reports 461% Growth in PBT in Q3, 2023
Union Bank Plc has announced a significant financial performance for the third quarter ending September 30, 2023. The bank reported a profit before tax (PBT) of N102.3 billion, reflecting an…
- 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…
- 26 Jan 2018
IFC Uses Innovative Tool to Help Unlock $500M Investment in West Africa
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, announced yesterday the completion of a $9 million investment that aims to…
- 31 May 2016
Intra-Africa Trade to Play Larger Role in Local GDP Growth- DHL
As growth in developed markets such as Europe, China and North Africa continue to stagnate, greater regional integration in Africa, amongst all role players, is needed to capitalize on the…
- 20 Aug 2024
Airtel Africa Commences Second Tranche of $100m Share buy-back Programme
Airtel Africa Plc has announced the commencement of the second tranche of its $100 million share buy-back programme. This latest tranche, valued at up to $50 million, follows the completion of the…
- 8 Dec 2024
Seedstars Africa Ventures I Announces $42m First Close
Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the…
- 8 Dec 2009
Huge Debt Profile May Scare CWG, XLCMS from ATMC Acquisition
Potential buyers of Automated Teller Machine Consortium (ATMC), the struggling Nigeria’s premier independent ATM deployer (IAD) may change their minds following discovering that…
- 6 Aug 2021
Nigerian Businesses Have Improved Gender Equality but More Efforts Needed, Says Report
Nigerian companies scored better than global averages for some aspects of women's participation in the workforce, but will need to further step up efforts to bridge the gaps that remain between women…
- 26 Mar 2014
FG to Raise N746Bn from Sale of NITEL, Others
Federal government is eyeing a whopping N746.6billion privatisation proceeds this year, according to the Bureau of Public Enterprises (BPE). Benjamin Dikki, director-general, BPE, said that his…
- 23 Jul 2017
BUA Group, Others Race to Buy 9Mobile
BUA Group, Virgin Mobile from the United Kingdom and Vodacom of South Africa are some of the companies in the running to buy 9Mobile, formerly Etisalat Nigeria. A few others have also signified…
- 17 Jul 2012
Embracing Telecom Dynamics for Increased Access
The explosion in technology which ushered in the information age has become the basis for defining power in the modern world. It is a widely accepted fact that no modern economy can develop without…
- 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…
- 23 Mar 2021
Microfinance Development Company to Launch Liquidity Management Platform
The Microfinance Industry in Nigeria is set to experience a major breakthrough in its operations, as the Microfinance Development Company Ltd (MDCL), plans to launch its Intermember Liquidity…