CATEGORY: UNION BANK

The Nigerian Economy Today 11/5/2017

Summary of the top buisness, economic and political news in Nigeria.   The Managing Director of Nigeria Deposit Insurance...


Alert: Union Bank Declares N4.5 Billion Profit (2017 Q1)

Union Bank today released Interim Financial Statements for the three months ended 31 March 2017.   Gross earnings N’million Q1...


Why Union Bank Wants To Raise Capital

Nairametrics| Tier 2 lender, Union Bank intends to raise the sum of N50 billion Naira in the second quarter...



Alert: Union Bank Declares N15.4 billion Profit (2016 FY)

Union Bank today released audited results for the financial year ended 31 December 2016.   Gross earnings N’million FY...


Why Union Bank Investor, Atlas Mara,  Wants To Go Private. 

Strategic Investors in Union Bank of Nigeria,  Atlas Mara has said that it is weighing options to go private....


Official: Union Bank Shareholders Approve N50 billion Rights Issue

At an extraordinary general meeting, yesterday in Lagos, shareholders of the first-generation bank approved five resolutions authorizing the board...


Union Bank Plans N50 billion Rights offer

In corporate news, UBN has announced plans to raise as much as N50 billion via a rights issue with...


ALERT: Union Bank of Nigeria Plc Release 2016 Third Quarter Earnings

  Union Bank Of Nigeria Plc released its 2016 result for the nine months ended 30 September 2016 ;...


Alert: Union Bank Plc Release 2016 Half Year Earnings

Union Bank Plc released its 2016 H1 results for the period ended June 30 2016 ; See below  ...


Alert: Union Bank Plc Release 2016 Half Year Earnings

 Union Bank Plc Plc released its 2016 H1 results for the period ended June 30 2016 ; See below  ...


Union Bank Records 47.95% Drop In Profits In 2015

Union Bank of Nigeria Plc released its financial results for the full year ended 31st December 2015. The result...


Atlas Mara Says It Can’t Wait To Own Majority Holding In Union Bank

Union Bank stock may be in for a bid in coming weeks as Atlas Mara Ltd., co-founder Robert Diamond,...


[DEAL] Union Bank agrees to provide N4b loan for refurbishment of gas plant

Union Bank of Nigeria Plc says it has signed a N4bn agreement to finance the Egboama Gas Plant, which...


[UNION BANK] Altas Mara lines up $22.5m deal to acquire Rwanda’s biggest bank

Atlas Mara, the African bank co-founded by former Barclays boss Bob Diamond, is in talks to invest $22.5 million...


Press Release: Unity Bank Appoints New Chairman and Vice Chairman

Unity Bank Plc has notified The Nigerian Stock Exchange of the appointment of Mr. Thomas A. Etuh and Alhaji...


Deal: Atlas Mara Scoops Another 21% Of Union Bank Shares From AMCON

A look back at Fridays trading reveals about N26,534,670,000 in value and 3.57billion shares of Union Bank Plc exchanged hands. This...


Union Bank Post 12% YoY Drop In 9 Months Earnings Per Share

UNION BANK PLC UNAUDITED ACOUNTS FOR THE NINE MONTHS ENDED SEPTEMBER 2014 Gross Earnings (Millions) 2014 N74,772 2013 N79,850 %age Change (-6.4%...


DEAL: Former Barclays Bank CEO, Bob Diamond, Increases Its Stake In Union Bank To 30%

Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said it had increased its stake in...



Official: Union Bank Initiates Plans To Divest From Non-Banking Subsidiaries

Union Bank of Nigeria Plc has notified The Nigerian Stock Exchange that the Bank has appointed financial advisers for...