Union Bank
19 Aug
Despite the Central Bank of Nigeria's (CBN) intervention in January, which led to heightened customer concerns, Union Bank of Nigeria has reported a profit before tax (PBT) of N79.8 billion and gross earnings of N333 billion during the half year ending on June 30, 2024 compared with a PBT of N66.5 billion on gross earnings of N210.5 billion posted during the corresponding period of 2023.
14 Aug
Union Bank has received another significant recognition with its recent attainment of the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification.
19 Apr
The third edition of Union Bank’s Save & Win Palli Promo has finally ended on a climactic note after another successful six-month run.
30 Mar
Stakeholders have called for innovative financial solutions to break systemic barriers faced in the sector, while adding that for a long time, millions of women struggle to access financial services such as loans.
17 Jan
Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and good corporate governance practices following the recent appointment of its new Managing Director/Chief Executive Officer, Yetunde Oni...
12 Jan
A few hours after the Central Bank of Nigeria (CBN) sacked the boards and management team of Polaris, Union, and Keystone banks for corporate governance failure and other infractions, the apex approved new teams to take over the affairs of the banks.
11 Jan
The Central Bank of Nigeria (CBN) has appointed new executives for Union, Polaris, and Keystone banks following the dissolution of their management and boards on Wednesday. The new set of appointees were confirmed in a statement by CBN spokesperson Hakama Sidi Ali. "Following the dissolution of the Board and Management of Union Bank, Keystone Bank…
11 Jan
The federal government has taken over three commercial banks – Union, Polaris and Keystone – following the dissolution of their management and boards by the Central Bank of Nigeria (CBN) yesterday.
24 Dec 2023
Titan Trust Bank has debunked media reports alleging illegalities in the acquisition of Union Bank of Nigeria Plc. In a statement by the management of the bank made available to the media on Sunday, the lender insisted that the transaction followed due process and met all regulatory requirements, including that of the Securities and Exchange…
28 Nov 2023
Union Bank of Nigeria and BFREE, a cutting-edge German-Nigerian FinTech firm, have signed a memorandum of understanding (MOU) to revitalise distressed loan portfolios in Nigeria.