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News and analysis about Union bank

Digital technology and blockchain altering conventional banking models - Emefiele, Exploring branchless and other digital forms of banking in a crisis

Exploring branchless, other digital forms of banking in a crisis

Op-Ed Contributor -
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Nigerian Stock Exchange, Nigerian Stocks, Daily market summary, NSE, Bourse bows to bears as ASI dip 0.55% on Friday, NSE: Bears dominant reign continues as ASI shed 4.91% on Tuesday, Bearish trend persists at Nigerian Stock Exchange, as investors lose N456 billion, Bears return, Nigeria’s local bourse drops 0.12%, Bears return Nigeria's ASI index down 3.12% Investors lose N370 billion

Bears return, Nigeria’s local bourse drops 0.12%

Olumide Adesina -
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CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele  , Increasing food prices might erase chances of CBN cutting interest rate   , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million  , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, CBN, Bankers Committee move to revive National Theatre with N25 billion , Nigeria’s 3.46 trillion fiscal deficit a source of concern – MPC Member , CBN says Nigerian banks assets and liabilities is now at N41.42 trillion , BVN: CBN to link 100 million banks accounts through proactive means, Foreign reserves drops $4.45 billion, edges closer to $30 billion devaluation benchmark, Payment system framework: CBN provides guidelines to address systemic risk, others, CBN retains Loan to Deposit Ratio at 65% as against increment to 70% , Federal High Court could jail Emefiele over $53 million judgment debt, CBN strongly denies establishing a poultry farm to support its monetary policies, Analysts explain when, why CBN could devalue naira by 5-10%, Banking: Surprise hike in CRR-Implications for banks, Agriculture: Suing ABP beneficiaries; A wild goose chase? , CBN lists major constraints affecting businesses, as borrowing rates projected to rise, CBN’s N287.8 billion T-bills auction records oversubscription, as rates fall marginally, CBN to give Niger Delta rice farmers single-digit loan , Naira and exchange rates, Insufficient electricity, unfavourable economy are among challenges hindering companies –CBN, Banks: Microfinance banks in Nigeria, REMINDER: Nationwide implementation of cashless policy starts April 1st, RESCUE MISSION: CBN coordinates banks, other financial institutions, to raise N1.5 trillion for infrastructure, Banking: Another wave of consolidation?, CBN pays $4.45 billion external debt obligation to World Bank, others in 2-month

Banking: Another wave of consolidation?

CSL Stockbrokers -
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Stock market gains N110.7 billion on Friday trade session , Investors lose N153.6 billion on Monday as ASI dip 1.05% , Top Nigerian stocks, too cheap to ignore, Nigeria bourse crash analysis

NSE: The reign of the bears persists

Olumide Adesina -
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Union Bank issues series 3 and 4 Commercial Paper, set to raise N20 billion, Union Bank downsizes operations, as MBU Capital acquires Union Bank of UK, Shareholders report Union Bank to Attorney General’s Office over proposed share dealing, Union Bank releases FY 2019 financial result, records profit increase

Union Bank releases FY 2019 financial result, profit up by 10.3%

Chike Olisah -
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VISION 2020: Connect Nigeria prepared to host the biggest African Business Fair

Connect Nigeria set to host biggest African Business Fair

Chike Olisah -
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Stanbic, Zenith, GTBank, lead actively traded stocks on Tuesday

Stock market dips further, as market cap drop by N52.1 billion...

Samuel Oyekanmi -
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Union Bank issues series 3 and 4 Commercial Paper, set to raise N20 billion, Union Bank downsizes operations, as MBU Capital acquires Union Bank of UK, Shareholders report Union Bank to Attorney General’s Office over proposed share dealing, Union Bank releases FY 2019 financial result, records profit increase

Union Bank downsizes operations, sells UK arm to MBU Capital

Fakoyejo Olalekan -
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Nigerian stock exchange, All share index, Nigerian bourse, Investors, Bulls gather momentum ASI up 0.48%, gained N55.3 billion

Ikeja Hotel, Cadbury, Union Bank top gainers’ chart on Wednesday 

Samuel Oyekanmi -
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Nigeria @59: Rise, fall & rise of Nigerian stock market , NSE fines Conoil, Unity Bank, others N487.7 million over account filling default , Equities: Will Santa Claus visit the local bourse?

NSE fines Conoil, Unity Bank, others N487.7 million over account filling default 

Abiola Odutola -
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COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis

COVID-19: Lagos State to begin curfew on Sunday to disinfect metropolis

Titobioluwa Okunade -
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The Lagos State Government disclosed on Friday that there would be a dusk-to-dawn curfew in the state, starting from Sunday.
COVID-19: NCDC, NPA clarifies controversial cases

COVID-19: NCDC, NPA clarify controversy over cases

Chidinma Nwagbara -
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The NPA and the NCDC have come to an agreement over the six coronavirus cases reportedly found in a vessel.
Dana Air, Air Peace, others offer to help curtail disease spread

Dana Air, Air Peace, others offer to help curtail disease spread

Chidinma Nwagbara -
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Domestic airlines have offered their support towards helping the FG with essential flight services as it combats the coronavirus pandemic in the country.  
Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019  , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020  , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ...

Finance Minister: Nigeria to go into recession if …

Chike Olisah -
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The Minister for Finance, Budget and National Planning, Zainab Ahmed, has warned that Nigeria might go into another round of recession.

Update: Over 50 buildings destroyed, Gov. Akeredolu reveals cause

Abiola Odutola -
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Over 50 residential, school, church buildings were destroyed by an explosion suspected to be bomb blast in Akure, about a kilometer away from the airport in the Ondo State capital, early on Saturday morning.
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