Tag Archives: Union Bank

Union Bank To Deploy Fresh Capital To Business Areas In 2018

By Nse Anthony-Uko (Sundiata Finance) – Chief executive officer of Union Bank, Mr. Emeka Emuwa, has the bank would deploy fresh capital across identified business areas and it is expected to increase capacity to serve customers better while accelerating the speed of doing business in 2018 and delivering returns to investors in short to medium term. In a statement issued ...

Read More »

Union Bank Lists Additional 51.3m Shares On NSE

By Nse Anthony-Uko The Nigerian Stock Exchange (NSE) has admitted an additional volume of 51.3 million ordinary shares of 50 kobo each of Union Bank of Nigeria Plc on the daily official list of the Exchange. The additional shares were listed on NSE on December 4, 2017 and the shares arose from the bank’s Long Term Transformation Incentive Plan (LTTIP). ...

Read More »

Jaiz Bank, Union Bank, ETI Emerge Top Banking Stocks In August

By Nse Anthony-Uko (Sundiata Finance) – Jaiz Bank Plc and Union Bank of Nigeria Plc led five listed financial institutions in best performing shares in the month of August despite profit-taking in capital market towards commemoration of the Eid -el- Kabir Sallah celebrations. The nation’s capital market started on increased volatility due to foreign investor exit, leading to the Nigerian ...

Read More »

Union Bank Gets SEC Approval To Raise N50bn Rights Issue

(Sundiata Finance) – Following the announcement that it will float a N50 billion rights issue in 2017, Union Bank has received approvals from the Securities and Exchange Commission (SEC) to move forward on raising the Tier 1 capital. The lender in a statement said it anticipates that the rights issue will be open for subscription in September 2017. During the ...

Read More »

Union Bank Seeks N49.75bn Fresh Capital Via Rights Issue

By Nse Anthony-Uko (Sundiata Finance) – The management of the Nigerian Stock Exchange (NSE) informed the dealing members firms of an application by Union Bank of Nigeria Plc seeking approval to issue and thereafter list new shares valued at N49.75 billion by way of rights. According to the acting head, Listings Regulation Department at the NSE, Godstime Iwenekhai, the application ...

Read More »

Union Bank Records N9.5bn PBT In H1

By Nse Anthony-Uko (Sundiata Finance) – Union Bank of Nigeria Plc announced its unaudited results for half year ended June 30, 2017 (H1) with an increase of six per cent in profit before tax to N9.5 billion. One of Nigeria’s long-standing and most respected financial institutions had reported N8.9 billion profit before tax in half year ended June 30, 2016. ...

Read More »

Union Bank, JAN Train 50 Young Women On Leadership Roles

By Nse Anthony-Uko (Sundiata Finance) — Junior Achievement Nigeria (JAN) said its partnership with Union Bank has been able to develop an initiative that would mentor and as well enable young female take leadership role within their community. The partnership between both entities is to implement, expose, and encourage them not to shy away from leadership activities as it would help ...

Read More »

Union Bank Plc: Strong Growth In Interest Income Drives Gross Earnings

Union Bank of Nigeria (UBN) Plc has remained profitable while maximizing shareholders’ wealth amid a volatile tough operating macroeconomic environment. The lender’s first quarter results are impressive as a strong growth in interest income catapulted gross earnings. Little wonder, Atlas Mara, the African investment vehicle of former Barclays boss, Bob Diamond intends to pay $55 million for an indirect 13.4 ...

Read More »

Union Bank Launches ‘UnionAccelerate’ Savings Account For Medium-sized Businesses

LAGOS, (Sundiata Finance) – Union Bank has announced the launch of UnionAccelerate, a high-interest savings account with zero bank charges for medium-sized businesses. UnionAccelerate is a full-featured innovative banking solution that helps manage the challenges of high overhead costs and restrictive bank deductions experienced by businesses across the country. Speaking about the product, Kunle Sonola, Union Bank’s Executive Director, Commercial Banking, explained ...

Read More »
Sundiata Post Media Ltd.

Address: 3rd Floor Office Suite, Bayelsa State Guest House, Plot 1038, Shehu Shagari Way, Maitama, Abuja, Nigeria.
Tel: +234(0)92900705, +234(0)8173460599
Whatsapp: +234(0)8053069436
BBM PIN: 5619150D
Email: info@sundiatapost.com
Website: www.sundiatapost.com

Enugu Regional Office: SW 1 New Haven Shopping Mall, Enugu, Enugu State, Nigeria.
Tel: +234(0)7062582838

London Office: 18 Belgrave Avenue, Wd18 7UE, Watford, United Kingdom.
Tel: +447417554143

Washington Office: 1245 Delafield PI NE, Washington DC 20017, USA.
Tel: 0092404216156

About Us

SundiataPost is published by Sundiata Post Media Limited, Sundiata Post is Nigeria’s most authoritative online newspaper and ranks among the top five online news platforms in Nigeria.

Guild of Corporate online publishers
A Glance at Our Advert Rate.

Inside Pages

Size In Pixels - Amount

120×180 - N27,967.50

300×100 - N24,695

Text Link - N11,275

More Details info

About Us | Contact Us | Privacy Policy | Terms of Use | Advert Rate