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TITAN TRUST BANK
Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its...
The Central Bank of Nigeria (CBN), under Yemi Cardoso, has increased the monetary policy rate (MPR) by 600 basis points so far, from 18.75% to 24.75% to combat inflation and foster economic stability.
Jim Obazee has called on Titan Trust Bank’s chairman, Babatunde Lemo, for questioning regarding TTB’s acquisition of Union Bank of Nigeria Plc (UBN).
Union Bank of Nigeria Plc and Titan Trust Bank (TTB), face an uncertain future following the latest special investigation report on the activities of the central bank under Godwin Emefiele.
Titan Trust Bank has issued a press release in response to a circulating report of a special investigation into the CBN, which includes allegations of TTB's illegal acquisition of Union Bank of Nigeria Plc.
Union Bank has received a court order to convene a meeting to consider or approve a Scheme of Arrangement between them and the holders of its fully paid ordinary shares.
Titan Trust Bank informed the BOD of Union Bank of an offer for the acquisition of all the shares held by the shareholders in Union Bank.
Titan Trust Bank Limited (TTB) and its Managing Director/CEO, Dr. Adaeze Udensi, shone at the 2022 edition of the BusinessDay Banks and Other Financial Institutions (BAFI) Awards held on Saturday in Lagos.
Recall that Titan Trust recently acquired a majority shareholding in Union Bank Plc
PAC Capital Limited has raised US$300 million funding from Afreximbank on behalf of Titan Trust Bank to support the acquisition of majority stake in Union Bank Plc.
Udensi's passion speaks to her drive for results which has led to a proven track record in business development and turnaround management.
TTB has received a $300 million Intra-African Investment Financing Facility from Afreximbank to help it acquire a controlling share in Union Bank of Nigeria.