Africa focused investment bank, Atlas Mara has upped its stake in tier two lender Union Bank to 48%. Prior to the rights issue, Atlas had a...
Lagos, Nigeria– Union Bank of Nigeria Plc. (Union Bank), one of Nigeria’s long-standing and most respected financial institutions announced that the Bank successfully raised N49.7 billion...
Six commercial banks in the country spent about N770 million to empower 4092 customers through savings promotions in 2017. This was done to imbibe a saving culture...
In a notice issued to the Nigerian Stock Exchange, today, Union Bank has announced the results of its N50 billion rights issue. The bank had offered...
Union Bank Plc has appealed against the judgement forfeiting the Osborne apartment and building to the Federal Government. The bank laid claim to the building following...
The loveless triangle between Union Bank of Nigeria, the Economic and Financial Crimes Commission (EFCC) and Ontario Oil and Gas Limited is getting ever more twisted...
Summary of the top business, economic and political news in Nigeria today. Vice President Yemi Osinbajo says the Federal Government may consider increasing workers’ remuneration...
Creditor banks to Seven energy may have to take provisions on a $445 million to the company, despite a potential sale to Savannah petroleum. Seven energy,...
The Chief Executive of Union Bank, Emeka Emuwa said the bank plans to raise N50 billion in fresh capital via a rights issue by the end...
