In a case reminiscent of the acquisition of Nigeria’s second oldest bank, Union Bank of Nigeria (UBN) by a lesser know bank, Titan Trust Bank, another...
Few hours after dissolving the Board of Directors and the Management of Union Bank, Keystone, and Polaris banks, the Central Bank of Nigeria (CBN), has appointed...
The acquisition of Union Bank PLC and Titan Trust Bank (TTB) which is still pending the required regulatory approval now appears to be faced with uncertainty....
Tropical General Investment Group, the majority owner of Titan Trust and Union Banks has kicked against the report of the special investigation into the activities of...
The exit of Union Bank of Nigeria from the Nigerian Exchange Limited (NGX) is poised to shed the sum of N193.7 billion from the bourse. Union...
The Nigerian Exchange (NGX) has pasted the announcement of the notice of delisting of the shares of Union Bank from the Nigerian capital market. In the...
The minority shareholders of Union Bank of Nigeria (UBN) have been ordered by the Federal High Court to vote on the N7 per share acquisition offer...
The Nigerian stock market will open this week’s trading on Tuesday due to the Eid el-Fitr public holiday on Monday. During trading sessions this week, Transnational...
The Central Bank of Nigeria (CBN) has fined Union Bank of Nigeria (UBN) Plc for breaching its regulation on cryptocurrency trading in the country. Union Bank...
These top 10 stories across the nation’s newspapers might interest you. 1. Ex-LP chairman explains why Rhodes-Vivour lost bid for Lagos gov’ship seat Kayode Salako, the...
First Bank of Nigeria (FBN) and Union Bank of Nigeria have delayed the release of their Audited Financial Statements for the period ending December 31, 2022....
The Nigerian capital market recorded a positive return on investments with the equity capitalization closing at N24.23 trillion at the close of trading on Friday. The...
Titan Trust Bank Limited has triggered a mandatory takeover of Union Bank of Nigeria Plc, a corporate document sent to investors has revealed. Ripples Nigeria had...
Fidelity Bank Plc is finalizing an agreement to buy Union Bank UK Plc. The acquisition will further strengthen Fidelity bank’s push to become a tier 1...
With the earnings season upon us, investors are getting a glimpse of what their investment could become in future, and for some, its more growth or...
The Chief Executive Officer of Union Bank, Mudassir Amray, has revealed that the lender will go ahead to merge with Titan Trust Bank despite an existing...
The Federal High Court in Lagos has been asked to halt the acquisition of Union Bank of Nigeria (UBN) by Titan Trust Bank, following disagreement between...
Nigerian banks, to keep their directors, and chief executives happy, spent over N6.96 billion on sitting allowance and compensation in 2021. This is a 3.32 per...
For investors with Bank stocks in their portfolio, as the capital market enters into the second half (H2) of 2022, it’s important to know what went...
Debtors including companies and individuals owed 12 commercial banks in the country N23.9 trillion as at the end of March last year. The banks disclosed this...
African Export Import Bank (Afreximbank) has provided $300 million in financial support for the acquisition of Union Bank Nigeria (UBN) by Titan Trust Bank Limited, after...
This week’s stocks to watch list consist of three firms with debt threatening their shareholders’ dividend, and another that’s entering a new market beyond its traditional...
The Chief Executive Officer of Union Bank, Emeka Okonkwo, has resigned from the position after Titan Trust Bank Limited completed acquisition of the lender. Nine other...
LinkedIn, the world’s largest professional networking platform, has revealed its list of the best places to work in Nigeria for 2022. Banks dominated the list in...
Nigeria’s 105-year old financial institution, Union Bank, has launched SpaceNXT, a technological and innovation hub, in Nigeria’s seat of commerce, Lagos. The bank revealed this on...
Begin your trading this week by looking out for Union Bank, MTN Nigeria, Japaul Gold and Eterna at the Nigerian capital market – if you wondering...
An attempt by Petro Union Oil and Gas Company Limited to stop the acquisition of Union Bank by Titan Trust Bank Limited has been struck out...
The chairman of Flutterwave, Tunde Lemo, has acquired the majority stake in Union Bank after substantial shareholders exited their investment from the Nigerian lender. Lemo bought...
Ten Nigerian banks reported an increase in customers deposits to N28.7 trillion in the first nine months of 2021. The amount was a 12.6 percent increase...
Union Bank of Nigeria has strengthened its board of directors with the appointment of former Nigerian minister, Aisha Abubakar, following regulatory approval. Abubakar had served as...
Shareholders of Union Bank engaged in a massive sell off which is the highest in the last two weeks as the lender remains for sale in...
Herbert Wigwe, the Chief Executive Officer of Access Bank, has completed another acquisition outside the shores of Nigeria after sealing the deal to takeover African Banking...
MTN Nigeria, Airtel Nigeria, Union Bank and Dangote Cement made the stocks to watch list this week with their on and off capital market activities which...
The proposed sale of Union Bank has triggered massive interest in the company’s stock as investors queue to add the lender’s shares in their asset portfolio....
There were several activities in the business community last week, with companies conducting initial public listing or having their financial strength called into question. This is...
Zenith and Access banks have been named among banks to be showing interest in the remaining shares of Atlas Mara in some African banks, which also...
Nigerian banks got the most from their employees in 2020, on the back of adopting new technologies. Ripples Nigeria analysis of financial statements of eight commercial...
The Lagos Zonal Office of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of Temitope Oluwasanmi and Augustine Olayinka before Justice Mojisola Dada...
These latest stories from the tech space will keep you updated with trends today. 1. Union Bank unveils investment to support startups through UnionX Nigerian...
The Nigerian Stock Exchange was mostly bearish last week, as investors across several companies engaged in a sell-off to protect their profit, while others dumped shares...
Union Bank of Nigeria Plc has announced a slip in after-tax profit for the nine-month period to September 2020 as huge operating expenditure continued to hurt...
Recent tech drift in Nigeria speaks volumes of how indigenous Nigerian companies seem geared up to embrace the future. Around tech, we see a significant number...
One Abass Mohammed and a Bureau De Change, (BDC) operator, Ibrahim Saidu Jogal, have been sent to jail for conniving to hack into the Flexcube database...
A Union Bank staff on Monday died after contracting the dreaded COVID-19 pandemic. The development was confirmed in an internal memo by the Chief Executive Officer...
The Nigerian bourse recorded gains in all its sessions last week, making it one of the best weekly performances so far this year. We have selected...
Union Bank of Nigeria has adjusted its daily operations over the coronavirus pandemic in the country. The bank directed its staff to work from home in...
Union Bank of Nigeria Plc has reported a 10% increase in its Profit After Tax (PAT) for Full Year 2019 and consequently declared a dividend for the first time...
Union Bank of Nigeria Plc has announced a planned divestment of its United Kingdom subsidiary and committing the proceeds to leveraging “growth opportunities in Nigeria” while...
Union Bank of Nigeria Plc has announced that all is set for the issuance of its Series 3 and 4 Commercial Paper Issuance. In its notice...
Union Bank of Nigeria Plc has notified the Nigerian Stock Exchange (NSE) of its board meeting to consider the bank’s results for the 9 months period...
