Access Bank Rebutes Acquisition Talks With Union Bank of Nigeria

Access Bank Rebutes Acquisition Talks With Union Bank of Nigeria    Proshare Nigeria Limited Our attention has been drawn to recent social media report of Access Bank Plc being engaged in talks to acquire Union Bank of Nigeria Plc. read more

Nigeria Stocks Extend Slump on Policy Delays, Central Bank Steps

Nigeria Stocks Extend Slump on Policy Delays, Central Bank Steps    Bloomberg Nigeria's benchmark stock index fell for a fifth day, a slump that underscores foreign investor frustration over a lack of policy progress since President ... read more

Sanusi: I was already emir when CBN approved Union Bank/Atlas Mara deal

Sanusi: I was already emir when CBN approved Union Bank/Atlas Mara deal    TheCable Muhammadu Sanusi II, the emir of Kano and former governor of the Central Bank of Nigeria, says the Atlas Mara transaction which resulted in the change of ... read more

Union Bank: Ex-Ministers Enelamah, Udoma quizzed over $2b share scam

Union Bank: Ex-Ministers Enelamah, Udoma quizzed over $2b share scam    P.M. News The Federal Government has begun the interrogation of those implicated in the alleged fraud that left over 65000 Nigerian shareholders losing two billion dollars ... read more

Nigeria: CBN's New Lending Policy Puts 7 Banks Under Pressure

Nigeria: CBN's New Lending Policy Puts 7 Banks Under Pressure    AllAfrica.com A total of seven leading deposit money banks, DMBs, may now be under pressure to beef up their loan portfolio following a recent directive by the Central Bank ... read more

FG Probe $2bn Atlas Maras's Union Bank Alleged Fraud

FG Probe $2bn Atlas Maras's Union Bank Alleged Fraud    Leadership Newspaper The Federal Ministry of Justice on Thursday 2nd July, 2019 continued to interrogated those implicated in the alleged fraud in which FGN lost $2 billion and ... read more

State Street Position in Union Bankshares New (UBSH) Has Lifted by $4.55 Million; As Nvidia (NVDA) Stock Price Rose, Eagleclaw Capital Managment Has Upped by $537000 Its Position

State Street Position in Union Bankshares New (UBSH) Has Lifted by $4.55 Million; As Nvidia (NVDA) Stock Price Rose, Eagleclaw Capital Managment Has Upped by $537000 Its Position    The InvestReporter State Street Corp increased its stake in Union Bankshares Corp New (UBSH) by 6.4% based on its latest 2019Q1 regulatory filing with the SEC. State Street ... read more

Asue Ighodalo: Exceptional boardroom guru at 60

Asue Ighodalo: Exceptional boardroom guru at 60    Guardian As the Chairman of Sterling Bank Plc, Mr. Asue Ighodalo, celebrates the important milestone of a new beginning in life at the age of 60 today. read more

To Spur the Economy, Nigeria Orders Banks to Loan More Money

To Spur the Economy, Nigeria Orders Banks to Loan More Money    Bloomberg In an effort to boost economic growth in Africa's most-populous country, Nigeria is giving its banks a choice: lend more money, or hand it over to the central bank ... read more

As Union Bankshares New (UBSH) Market Value Rose, Monarch Partners Asset Management Has Boosted Its Position; Gagnon Advisors Has Lifted Its Suncor Energy (SU) Stake by $2.04 Million

As Union Bankshares New (UBSH) Market Value Rose, Monarch Partners Asset Management Has Boosted Its Position; Gagnon Advisors Has Lifted Its Suncor Energy (SU) Stake by $2.04 Million    The EN Herald Monarch Partners Asset Management Llc increased its stake in Union Bankshares Corp New (UBSH) by 8.25% based on its latest 2019Q1 regulatory filing with ... read more

Ex ministers Udoma, Enelamah reportedly interrogated over alleged $2bn fraud

Ex ministers Udoma, Enelamah reportedly interrogated over alleged $2bn fraud    Legit.ng Legit.ng News ☆ The federal government has begun interrogation of those implicated in the alleged fraud that left over 65000 Nigerian shareholders losing $2 ... read more

London Co Of Virginia Raised Its Union Bankshares New (UBSH) Stake; Blackrock International Growth & Income Trust (BGY) Sentiment Is 1.07

London Co Of Virginia Raised Its Union Bankshares New (UBSH) Stake; Blackrock International Growth & Income Trust (BGY) Sentiment Is 1.07    The EN Herald London Co Of Virginia increased Union Bankshares Corp New (UBSH) stake by 3.4% reported in 2019Q1 SEC filing. London Co Of Virginia acquired 24803 ... read more

Maltese Capital Management Lowered Its Union Bankshares New (UBSH) Holding; WESTON GEORGE LTD PFD ORDINARY SHARES (WNGRF) Shorts Down By 24.43%

Maltese Capital Management Lowered Its Union Bankshares New (UBSH) Holding; WESTON GEORGE LTD PFD ORDINARY SHARES (WNGRF) Shorts Down By 24.43%    The InvestReporter Maltese Capital Management Llc decreased Union Bankshares Corp New (UBSH) stake by 81% reported in 2019Q1 SEC filing. Maltese Capital Management ... read more

Union Bank’s profit rose by 33%

Union Bank’s profit rose by 33%    The Punch Nike Popoola Union Bank of Nigeria Plc's profit before tax rose by 33 per cent to N18.5bn in 2018 financial period from N13.9bn in the correspond... read more

Union Bank of Nigeria and Newgen Software Bag the Best Branch Digitisation Initiative Awards, 2019 from The Asian Banker

Union Bank of Nigeria and Newgen Software Bag the Best Branch Digitisation Initiative Awards, 2019 from The Asian Banker    Yahoo Finance LAGOS, Nigeria, June 11, 2019 /PRNewswire/ -- Union Bank of Nigeria and Newgen Software have emerged winners of the Best Branch Digitisation Initiative in ... read more

Emerald Mutual Fund Advisers Trust Decreased Union Bankshares (UBSH) Holding By $14.45 Million; Osiris Therapeutics (OSIR) SI Decreased By 2.49%

Emerald Mutual Fund Advisers Trust Decreased Union Bankshares (UBSH) Holding By $14.45 Million; Osiris Therapeutics (OSIR) SI Decreased By 2.49%    Stocks Beat Emerald Mutual Fund Advisers Trust decreased Union Bankshares Corporation (UBSH) stake by 57.5% reported in 2019Q1 SEC filing. Emerald Mutual Fund ... read more

Raising global banks with higher capital

Raising global banks with higher capital    The Nation Newspaper In April, a voice seeking higher capital for banks sounded loud and clear from a distant land. It was at the Spring meetings. read more

Union Bank shareholders okay N54.4bn share premium reduction

Union Bank shareholders okay N54.4bn share premium reduction    The Punch Shareholders of Union Bank of Nigeria Plc have approved the proposed reduction of N54.4bn from the bank's share premium account in a bid to restruc... read more

Banker at African Lender's U.K. Unit Said to Be Arrested in 2017

Banker at African Lender's U.K. Unit Said to Be Arrested in 2017    Bloomberg The former head of the London unit of Union Bank of Nigeria Plc was arrested last year as part of a bribery probe, according to four people with knowledge of the ... read more

Union Bank of Nigeria Plc Q3 2018 Conference Call and Earnings Presentation - The Key Takeaways

Union Bank of Nigeria Plc Q3 2018 Conference Call and Earnings Presentation - The Key Takeaways    Proshare Nigeria Limited Union Bank Plc held its Q3 2018 Investors and Analyst Conference Call Earnings Presentation. Proshare NG participated along with leading market analysts ... read more

Union Bank grows pre-tax profit to N18.5bn

Union Bank grows pre-tax profit to N18.5bn    Vanguard By Nkiruka Nnorom. Union Bank of Nigeria Plc has recorded 33 percent growth in profit before tax (PBT) to N18.5 billion for the year ended December 31, 2018. read more

Airtel share falls 10% on high stock price

Airtel share falls 10% on high stock price    Guardian Nigeria At the close of transactions yesterday, Airtel Africa Plc shares, which opened at N363 shed N39.30 or 10 per cent to close at N359.40 per share. read more

Investors count losses as stock market wobbles under unending illiquidity, low confidence

Investors count losses as stock market wobbles under unending illiquidity, low confidence    Guardian Buhari in the first term of his administration on May 29, 2015, the stock market had long lost some gains recorded during the boom period of 2003 to the global ... read more

Union Bankshares (UNB) to pay $0.31 on Aug 8, 2019; Nuveen Senior Income Fund (NSL) Sentiment Is 0.95

Union Bankshares (UNB) to pay $0.31 on Aug 8, 2019; Nuveen Senior Income Fund (NSL) Sentiment Is 0.95    The EN Herald Union Bankshares Inc (NASDAQ:UNB) is expected to pay $0.31 on Aug 8, 2019. (NASDAQ:UNB) shareholders before Jul 26, 2019 will receive the $0.31 ... read more

Union Bank of Nigeria Plc Series 1 and 2 Commercial Paper Offer Now Open

Union Bank of Nigeria Plc Series 1 and 2 Commercial Paper Offer Now Open    Proshare Nigeria Limited Stanbic IBTC Capital Limited and Standard Chartered Capital " Advisory Nigeria Limited are delighted to notify you of the inaugural Commercial Paper (“CP”) ... read more

Fitch Affirms Union Bank of Nigeria Plc at 'B-'; Downgrades National Rating to 'BBB-(nga)'

Fitch Affirms Union Bank of Nigeria Plc at 'B-'; Downgrades National Rating to 'BBB-(nga)'    Proshare Nigeria Limited Fitch Ratings has affirmed Union Bank of Nigeria PLC's (Union) Long-Term Issuer Default Rating (IDR) read more

JUST IN: Bank union pickets Ecobank over alleged non-payment of severance allowance for sacked 900 staff

JUST IN: Bank union pickets Ecobank over alleged non-payment of severance allowance for sacked 900 staff    Daily Trust Members of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) on Thursday morning picketed the headquarters of Ecobank ... read more

Carlyle's Travails Show Hazards of Investing in Nigerian Banks

Carlyle's Travails Show Hazards of Investing in Nigerian Banks    Bloomberg If any investor wanted to get a sense of how tough the Nigerian banking sector can be, they could do worse than speak to the world's third-biggest buyout firm. read more

Union Bank announces N18.5 billion profit for 2018

Union Bank announces N18.5 billion profit for 2018    Premium Times Union Bank of Nigeria (UBN) Plc on Tuesday said it achieved over one million active mobile users and over 400000 active online users in 2018. read more

Union Bank seeks to cancel N54.5b legacy losses

Union Bank seeks to cancel N54.5b legacy losses    The Nation Newspaper The board of directors of Union Bank of Nigeria (UBN) Plc has called an extra-ordinary general meeting of shareholders to consider cancellation of N54.46 ... read more

Nigeria in 1min: Economic, Business and Financial Headlines – 100719

Nigeria in 1min: Economic, Business and Financial Headlines – 100719    Proshare Nigeria Limited Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent at the maiden edition of the African Investment Forum, which held ... read more

Shareholders approve Union Bank’s N54.5b capital restructuring

Shareholders approve Union Bank’s N54.5b capital restructuring    The Nation Newspaper Shareholders of Union Bank of Nigeria (UBN) Plc have approved a proposal to cancel N54.46 billion accumulated permanent losses in the books of the. read more

Union Bank shareholders okay 54.4bn Premium reduction

Union Bank shareholders okay 54.4bn Premium reduction    Daily Trust Shareholders of Union Bank of Nigeria Plc have approved the proposed reduction of ₦54.4 billion from the bank's share premium account in a bid to restructure ... read more

Union Bank Plc Announces Resignation and Appointment of Chief Financial Officer

Union Bank Plc Announces Resignation and Appointment of Chief Financial Officer    Proshare Nigeria Limited This is to inform members of the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders that at the meeting of the Board of Directors of ... read more

UBN Declares N5.27bn PAT in Q1 2019 Results,(SP:N7.00K)

UBN Declares N5.27bn PAT in Q1 2019 Results,(SP:N7.00K)    Proshare Nigeria Limited Union Bank of Nigeria Plc, Banking company in Financial Services sector announced 4.54% Gross Earnings decline in Q1 2019 Result. read more

Criminal Investigation Initiated Into Bank Shares Fraud Allegations

Criminal Investigation Initiated Into Bank Shares Fraud Allegations    Proshare Nigeria Limited The Federal Government of Nigeria has initiated criminal investigation into alleged misappropriation of $2 Billion (Two Billion US Dollars) worth of Atlas Mara's ... read more

Union Bank’s ED, Adewale, retires

Union Bank’s ED, Adewale, retires    Punchng Nike Popoola Union Bank of Nigeria Plc has announced the retirement of its executive director and chief financial officer, Mrs Oyinkan Adewale. I... read more

MTN Nigeria, Dangote Cement, Union Bank, others push stock market down

MTN Nigeria, Dangote Cement, Union Bank, others push stock market down    Pulse Nigeria MTN Nigeria, Dangote Cement, Union Bank of Nigeria and others pushed stock market down on Monday as equities closed on negative note. The NSE ... read more

Bob Diamond's Nigerian Bank Expects to Accelerate Lending

Bob Diamond's Nigerian Bank Expects to Accelerate Lending    Bloomberg Union Bank Nigeria Plc, the Nigerian lender owned by Bob Diamond's Atlas Mara Ltd., expects to boost lending for the rest of this year after a 64 billion-naira ... read more

As Diamond Reshapes Africa Ambitions, a Kenyan Bank Benefits

As Diamond Reshapes Africa Ambitions, a Kenyan Bank Benefits    Bloomberg Bob Diamond's change in strategy to build Atlas Mara Ltd. into a pan-African lender are helping a rival Kenyan banker fulfill a long-held objective of expanding ... read more

Core investor take-overs loom as insurance industry recapitalizes

Core investor take-overs loom as insurance industry recapitalizes    Vanguard Nigeria News - DESPITE protests from minority shareholders kicking against the one year time frame given to insurance companies to recapitalize, major ... read more

As Honeywell Intl (HON) Market Valuation Rose, Bryn Mawr Trust Company Has Raised by $903760 Its Stake; Fj Capital Management Stake in Union Bankshares New (UBSH) Has Raised by $9.44 Million

As Honeywell Intl (HON) Market Valuation Rose, Bryn Mawr Trust Company Has Raised by $903760 Its Stake; Fj Capital Management Stake in Union Bankshares New (UBSH) Has Raised by $9.44 Million    Stocks Beat Bryn Mawr Trust Company increased its stake in Honeywell Intl Inc (HON) by 3.69% based on its latest 2019Q1 regulatory filing with the SEC. Bryn Mawr Trust Fj ... read more

Gas: Opening up new goldmine to investors

Gas: Opening up new goldmine to investors    The Nation Newspaper Nigeria holds the largest gas reserves in Africa and it is home to Africa's largest population and most exuberant market. Capital Market Editor, read more

Union Bank posts N14.9bn profit in Q3 2018

Union Bank posts N14.9bn profit in Q3 2018    Vanguard Union Bank of Nigeria (UBN) Plc on Tuesday declared a profit before tax of N14.9 billion for the nine months ended Sept. 30, 2018. read more

Osinbajo, Fayemi, Sanwo-Olu, Dangote others honour Obaigbena at 60

Osinbajo, Fayemi, Sanwo-Olu, Dangote others honour Obaigbena at 60    The Nation Newspaper IT was a roll call of who is who in the business and government circles at the Cathedral Church of Christ, Marina, Lagos Island where a thanksgiving *service*. read more

Explanatory Statement By UBN On The Proposed Reduction Of Share Premium Account

Explanatory Statement By UBN On The Proposed Reduction Of Share Premium Account    Proshare Nigeria Limited A review of the Bank's financial position as at 31st December 2018 (“2018 FYE”), established a deficit of N54.458billion as accumulated permanent losses from ... read more

FMDQ lists N13.50bn Union Bank bonds

FMDQ lists N13.50bn Union Bank bonds    Vanguard FMDQ OTC Securities Exchange Plc yesterday admitted N13.50 billion bonds of Union Bank of Nigeria Plc for trading on its platform. read more

Union Bank records half year N11.7 billion profit before tax

Union Bank records half year N11.7 billion profit before tax    Premium Times Union Bank of Nigeria Plc on Wednesday reported N11.7 billion profit before tax for the half year ended June 30. The bank stated this in its unaudited result ... read more

Atlas Mara increases its stake in Union Bank of Nigeria to 49% - african

Atlas Mara increases its stake in Union Bank of Nigeria to 49%    african-markets.com Atlas Mara Limited, the sub-Sahara African financial services group, today announced that it has agreed to acquire an additional 280956166 shares of Union ... read more

African Behemoth of 200 Million Awakens to Retail Banking

African Behemoth of 200 Million Awakens to Retail Banking    Bloomberg After years of ignoring consumers, Nigerian lenders are making an unprecedented push into retail banking. read more

Union Bank claims ownership of N1 billion recovered by EFCC at Enugu Airport

Union Bank claims ownership of N1 billion recovered by EFCC at Enugu Airport    Vanguard One of Nigeria's oldest financial institutions, Union Bank, on Friday night admitted ownership of a large consignment of cash which anti-graft operatives said they ... read more

EXCLUSIVE: Inside the stupendous wealth of Arik Air founder, Arumemi-Ikhide

EXCLUSIVE: Inside the stupendous wealth of Arik Air founder, Arumemi-Ikhide    Premium Times Mr Arumemi-Ikhide sat on vast wealth while his troubled airline accumulated billions in debt, compelling a government takeover with taxpayers' money. read more

FMDQ OTC admits N13.5 billion Union Bank’s bond on platform

FMDQ OTC admits N13.5 billion Union Bank’s bond on platform    Guardian Nigeria FMDQ OTC Securities Exchange has admitted Union Bank of Nigeria Plc's ₦N7.19 billion Series 1 and ₦N6.31 billion Series 2 Senior unsecured fixed rate ... read more

Union Bank Nigeria Internet Banking, Transfer Codes and Other Details

Union Bank Nigeria Internet Banking, Transfer Codes and Other Details    BuzzNigeria.com To use the Union Bank Nigeria online banking system, follow the steps on their website. Learn all about banking online; how to apply and activate the... read more

UBN Declares N18.09 billion PAT in 2018 Audited Results; Grows PAT by 39.1%(SP:N6.65k)

UBN Declares N18.09 billion PAT in 2018 Audited Results; Grows PAT by 39.1%(SP:N6.65k)    Proshare Nigeria Limited Union Bank of Nigeria Plc, Banking company in Financial Services sector announced 11.2% Gross Earnings decline in Q4'18 Result. read more

Meet Sanwo-Olu’s Commissioner-designates

Meet Sanwo-Olu’s Commissioner-designates    The Nation Newspaper Lagos State Governor Babajide Sanwo-Olu on Sunday transmitted a list of Commissioner-designates and Special Advisers to the House of Assembly. read more

Seplat’s $700m gas investment to address power deficit’

Seplat’s $700m gas investment to address power deficit’    The Nation Newspaper Seplat Petroleum Development Company Plc's $700m Assa North/Ohaji South (ANOH) gas and condensate field project is expected to significantly. read more

Banks, others pay N578.114bn dividends to shareholders

Banks, others pay N578.114bn dividends to shareholders    The Punch Fifty companies, including banks, listed on the Nigerian Stock Exchange have issued dividends to their investors, although the payments were descri... read more

Union Bank Hosts FMDA Quarterly Meeting In Lagos

Union Bank Hosts FMDA Quarterly Meeting In Lagos    Leadership Newspaper Union Bank Hosts FMDA Quarterly Meeting In Lagos Union Bank Plc would on Thursday, March 14, host the Financial Markets Dealers Association (FMDA) ... read more

Backlash as Nigerian Bank Threatens to Restrict Crypto-Related Accounts

Backlash as Nigerian Bank Threatens to Restrict Crypto-Related Accounts    CCN Union Bank of Nigeria PLC, Nigeria's sixth largest bank by assets has issued a general notice informing its customers that henceforth all accounts linked to ... read more

Union Bank announces changes to board

Union Bank announces changes to board    Punchng Union Bank of Nigeria Plc has announced changes to the membership of its Board of Directors with the retirement of an Executive Director, Mr. Ibrah... read more

Union Bank Unveils Platform To Empower Women

Union Bank Unveils Platform To Empower Women    Leadership Newspaper Union Bank Plc has launched Alpher, a platform to empower women across all segments of the Nigerian society through capacity building opportunities, ... read more

Mackay Shields Lowered Stake in Medical Pptys Trust (MPW) by $728,766; Ejf Capital Upped Position in Union Bankshares New (UBSH) as Share Price Rose

Mackay Shields Lowered Stake in Medical Pptys Trust (MPW) by $728,766; Ejf Capital Upped Position in Union Bankshares New (UBSH) as Share Price Rose    The EN Herald Mackay Shields Llc decreased its stake in Medical Pptys Trust Inc (MPW) by 8.97% based on its latest 2019Q1 regulatory filing with the SEC. Mackay Shields Llc ... read more

Foreign investor to raise stake in Union Bank

Foreign investor to raise stake in Union Bank    The Nation Newspaper •To increase holding from 31 to 44.5%. Co-founder of Atlas Mara Ltd, Diamond Bob, will raise his investment in Union Bank of Nigeria Plc, from 31 per cent to ... read more

Union Bank Plc and the future of law practice

Union Bank Plc and the future of law practice    Punchng Kaine Agary(. ) Two weeks ago, on April 16, 2018, the Nigerian Bar Association (NBA) put out a public notice on “the Legal Advisory Services and Alternative ... read more

Ex- Union Bank operations head jailed for fraud

Ex- Union Bank operations head jailed for fraud    Premium Times The Economic and Financial Crimes Commission, EFCC , Lagos Zonal office, on Wednesday, March 14, 2018 secured the conviction and sentencing of one ... read more

UNION bank of Nigeria Plc: From Big, Strong, Reliable to a simpler smarter bank

UNION bank of Nigeria Plc: From Big, Strong, Reliable to a simpler smarter bank    Vanguard Introduction. Union Bank of Nigeria Plc first berthed in the Nigerian banking waters in 1917 as Barclays Bank DCO with a mandate to *service* the burgeoning ... read more

The 10 coolest bank CEOs in Nigeria

The 10 coolest bank CEOs in Nigeria    Pulse Nigeria Business Insider Sub-Saharan Africa by Pulse takes a look into the lives and work of Nigerian Bank CEOs. Here are some of the coolest Bank CEO in Nigeria ... read more

Banks make N124bn from e-transactions

Banks make N124bn from e-transactions    The Punch IFE OGUNFUWA reported that 11 Deposit Money Banks grew revenue from electronic transactions by 43 per cent in 2018 The growing adoption and invest... read more

Union Bank Under Heavy Debt Burden

Union Bank Under Heavy Debt Burden    The Nigerian Voice Sometime ago, when the Central Bank of Nigeria released a list of very healthy eight banks designated as ldquo;too big to fail rdquo; leaving out Union Bank of. read more

N1bn Imo Contract Debt: CBN, 14 banks deny verseeing state’s account

N1bn Imo Contract Debt: CBN, 14 banks deny verseeing state’s account    Guardian Nigeria The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts ... read more

Mobile apps gaining popularity among Nigeria bank customers

Mobile apps gaining popularity among Nigeria bank customers    Punchng Ife Ogunfuwa Mobile banking apps are the most preferred digital banking platform for bank customers in the country followed by USSD codes, a new s... read more

Union Bank Plc Announces Results of Its Rights Issue

Union Bank Plc Announces Results of Its Rights Issue    Proshare Nigeria Limited Union Bank Plc Announces the result of the Rights Issue of 12133646995 Ordinary Shares of 50 Kobo each on the basis of Five (5) New Ordinary Shares for ... read more

Union Bank bags Pitcher 2019 Advertiser of the year Award

Union Bank bags Pitcher 2019 Advertiser of the year Award    Guardian Following its internal operations overhaul and rebranding exercise, foremost financial institution in Nigeria, Union Bank, has been named Pitcher CHINI Africa... read more

Nigeria's Access Bank to Buy Struggling Carlyle-Backed Rival

Nigeria's Access Bank to Buy Struggling Carlyle-Backed Rival    Bloomberg Nigeria's Access Bank Plc agreed to take over struggling local rival Diamond Bank Plc in a deal worth about $200 million that would create the nation's biggest ... read more

Standard Chartered appoints new head of Retail Banking

Standard Chartered appoints new head of Retail Banking    Colombo Gazette Sheahan Arasaratnam has been appointed as the Head of Retail Banking in Sri Lanka with effect from 3 June 2019 (subject to regulatory approval). With over ... read more

As Union Bankshares New (UBSH) Shares Rose, Ejf Capital Has Increased by $2.60 Million Its Position; Union Bankshares Has Raised Stake in Crown Castle Intl New (CCI) by $1.71 Million as Stock Rose

As Union Bankshares New (UBSH) Shares Rose, Ejf Capital Has Increased by $2.60 Million Its Position; Union Bankshares Has Raised Stake in Crown Castle Intl New (CCI) by $1.71 Million as Stock Rose    The NBO News Ejf Capital Llc increased its stake in Union Bankshares Corp New (UBSH) by 354.2% based on its latest 2019Q1 regulatory filing with the SEC. Ejf Capital Llc ... read more

As First Bancorp (Puerto Rico) (FBP) Stock Value Declined, Holder Ironwood Investment Management Lowered by $341451 Its Holding; Hutchinson Capital Management Has Boosted Its Wells Fargo & Co (WFC) Stake by $302064; Stock Price Declined

As First Bancorp (Puerto Rico) (FBP) Stock Value Declined, Holder Ironwood Investment Management Lowered by $341451 Its Holding; Hutchinson Capital Management Has Boosted Its Wells Fargo & Co (WFC) Stake by $302064; Stock Price Declined    The InvestReporter Ironwood Investment Management Llc decreased its stake in First Bancorp (Puerto Rico) (FBP) by 52.01% based on its latest 2019Q1 regulatory filing with the ... read more

Moody's downgrades eight Nigerian banks following downgrade of Nigeria's government bond rating

Moody's downgrades eight Nigerian banks following downgrade of Nigeria's government bond rating    Moodys.com Limassol, November 10, 2017 -- Moody's Investors *Service* (Moody's) has today downgraded to B2 from B1 the long-term local currency deposit and issuer ... read more

Chams, Dangote Flour, 19 others push stock market higher

Chams, Dangote Flour, 19 others push stock market higher    The Punch Feyisayo Popoola Chams Plc, Dangote Flour Mills Plc and 19 other companies pushed the stock market higher on Tuesday reversing the losses recorded... read more

CBN finances 568 agric projects with N577bn

CBN finances 568 agric projects with N577bn    The Punch Ifeanyi Onuba, Abuja A total of 568 agricultural projects valued at N577.3bn have been financed by the Central Bank of Nigeria under the Commercia... read more

NIRSAL, Union Bank launch N10bn agric financing partnership

NIRSAL, Union Bank launch N10bn agric financing partnership    Punchng Ifeanyi Onuba, Abuja The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and Union Bank Plc have launched a N10bn financing p... read more

ISO certifies Union Bank’s processes

ISO certifies Union Bank’s processes    Guardian Nigeria Union Bank of Nigeria Plc (Union Bank) has announced its attainment of the ISO 9001:2015 certification by the Standards Organisation of Nigeria... read more

Union Bank introduces Robotics to ease banking operations

Union Bank introduces Robotics to ease banking operations    Vanguard By Elizabeth Adegbesan. UNION Bank Plc has introduced a Robotic Process Automation (RPA) to ease routine banking operations especially that of cash ... read more

EXTRA: Atlas Mara To Focus On Nigeria, Digital As Diamond Steps Back

EXTRA: Atlas Mara To Focus On Nigeria, Digital As Diamond Steps Back    Morningstar LONDON (Alliance News) - African banking investor Atlas Mara Ltd said Wednesday it will increase its focus on its core markets and digital banking assets as it ... read more

Nigerian banking start-up favours Oracle FSS

Nigerian banking start-up favours Oracle FSS    Fintech Futures EXCLUSIVE: Nigeria-based Titan Trust Bank has selected Oracle FSS for its core and digital banking technology, it is understood. The start-up bank recently ... read more

Union Bank unveils 'new look' branches

Union Bank unveils 'new look' branches    Vanguard AS part of efforts to make banking “simpler and smarter” for its teeming customers, the Union Bank Plc on Wednesday unveiled two of its upgraded branches in ... read more

Nigerian Banks’ Twitter Banter Goes Viral

Nigerian Banks’ Twitter Banter Goes Viral    Guardian Nigeria Sterling Bank may not be the most popular bank in Nigeria. But on Saturday, it crept into the consciousness of many Nigerians, perhaps, potential customers, ... read more

Union Global Partners Completes its Capitalization of Union Bank of Nigeria with US$500 Million of Equity content=

Union Global Partners Completes its Capitalization of Union Bank of Nigeria with US$500 Million of Equity content=    PR Newswire UK LAGOS, Nigeria, Oct. 19, 2012 /PRNewswire/ -- Union Global Partners Limited (Union Global Partners) announced that it has completed its capitalization of ... read more

N6.7bn suit slammed on Union bank over alleged negligence, breach of contract

N6.7bn suit slammed on Union bank over alleged negligence, breach of contract    P.M. News A multinational Oil company, Petrocam Trading Nigeria Limited, has slammed N6.75 suit on Union bank of Nigeria Plc over an alleged negligence and breach of ... read more

EFCC Arraigns Banker, Another For N116m Fraud

EFCC Arraigns Banker, Another For N116m Fraud    SaharaReporters.com The first defendant, Temitope Oluwasanmi, an employee of Union Bank of Nigeria (UBN) Plc, was arrested by operatives of the EFCC sometime in October 2017 ... read more

NIRSAL secures fresh N4.5bn from three banks for farmers

NIRSAL secures fresh N4.5bn from three banks for farmers    The Punch Ifeanyi Onuba, Abuja. The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks ... read more

These 10 companies will give you the best of job satisfaction

These 10 companies will give you the best of job satisfaction    Pulse Nigeria If youre still searching for a job or looking forward to working for a company that will give you the best of job satisfaction in 2019, we have a list of companies for ... read more

Ikoyi Money: Union Bank wades into ownership of building

Ikoyi Money: Union Bank wades into ownership of building    Premium Times Union Bank of Nigeria Plc on Thursday asked Justice Saliu Saidu of a Lagos Division of the Federal High Court to vacate an interim order of forfeiture placed on ... read more

Effective funding optimisation lifts 14 banks Q1 net profit by N256 billion

Effective funding optimisation lifts 14 banks Q1 net profit by N256 billion    Guardian Nigeria Effective funding opimisation and drive for efficiency have enhanced profit goals of 14 listed banks, as they achieved cumulative profit of N256.088 billion... read more

EFCC docks 3 over alleged N96.7m fraud

EFCC docks 3 over alleged N96.7m fraud    Daily Trust Three suspects, Kasumu Ademola, Salau Mukaila and Ganiu Ishola on Monday appeared before a Federal High Court in Lagos on charges of fraudulent ... read more

Stock investors gain N372bn as market cap hits N13tn

Stock investors gain N372bn as market cap hits N13tn    The Punch Feyisayo Popoola. Investors raked in a total of N372bn on Tuesday as the market capitalisation of listed equities on the Nigerian Stock Exchange increased to ... read more

Banks paid N8.51bn as IT levy in 2018

Banks paid N8.51bn as IT levy in 2018    The Punch Ife Ogunfuwa Eleven Nigerian banks paid about N8.51bn Information Technology-related levies to the government in 2018, the audited financial repor... read more

HI'18: Gross earnings of Tier-1 banks down by 0.9% to N1.3trn

HI'18: Gross earnings of Tier-1 banks down by 0.9% to N1.3trn    Vanguard There are indications that the sluggish economic environment may have taken a toll on tier-1 banks forcing their aggregate topline figures into negative position ... read more

African Markets - Factors to watch on July 10

African Markets - Factors to watch on July 10    Reuters Africa The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on ... read more