Fidelity Bank and Union Bank have announced an increase in the fee charged for SMS transaction alerts, citing an industry-wide rise in SMS costs by telecommunications providers.
The Court of Appeal in Lagos has been urged to reject Union Bank Plc's request to suspend a High Court judgment concerning the bank's "wrongful" sale of a family's property located at No. 6, Moore Road, Ikoyi, Lagos State, which was sold at a grossly undervalued price of N60 million.
Nigeria’s second oldest bank, Union Bank of Nigeria has reported a pre-tax profit of N71.8 billion in the 2023 full year, marking a 138% growth from the N30.2 billion posted in FY 2022.
A High Court in Lagos has awarded N112,050,000 against Union Bank Plc for wrongly selling a property located at No. 6, Moore Road, Ikoyi, Lagos State, at a grossly undervalued price of N60 million.
With a collective asset value nearing N150 trillion across 26 commercial banks, Nigeria's financial sector has witnessed substantial growth, with formal financial inclusion reaching 64% by 2023.
The third edition of Union Bank’s Save & Win Palli Promo has finally ended on a climactic note after another successful six-month run.
Africa Finance Corporation (AFC) has appointed Emeka Emuwa as the Chairman of its Board of Directors, a move signaling the corporation's commitment to strong leadership and strategic guidance.
The renowned rating agency, Fitch Ratings, has said that increased regulatory actions or funding instability may lead to a downgrade rating for Union Bank of Nigeria.
The announcement of Yetunde Oni's appointment was made by Sidi-Ali Hakama, the acting director of Corporate Communication, through a circular dated January 10, 2024.
The Central Bank of Nigeria (CBN) has officially dissolved the Board and Management of three prominent banks — Union Bank, Keystone Bank, and Polaris Bank.
While new listings in the NGX contributed about N179 billion in 2023, delisted companies have withdrawn over N224 billion from the NGX’s market cap.
Union Bank of Nigeria recently teamed up with an NGO, Yellow Cowrie, to hold a Brainee Financial Literacy Quiz Competition.