Business Hilights

Tracking Nigeria's Headline Business News Online

emeka Emuwa

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ICT

Union Bank’s Robotic Process Automation may cost jobs in the long run—Expert

Digital analysts have started picking holes on the recent introduction of Robotic Process Automation (RPA) by Union Bank Plc in some segments of its operations. The bank argued that the RPA would ease routine banking operations especially in the area…

Interest rate anxiety heightens as DMBs agree to drive N26bn support for SMEs

Though Nigerian Deposit Money Banks (DMBs), had announced setting up of business review committee to oversee the disbursement of N26 billion equity funds for the Small and Medium Enterprises (SMEs), business development analysts are divided on the true colour of…

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ICT

Union Bank unveils ‘Centenary Innovation Challenge’ to boost technology startups, others

Union Bank of Nigeria Plc has announced more innovative activities lined up as part of activities to commemorate its 100 years of existence. Latest part of the programme include the launch of an initiative called, ‘Centenary Innovation Challenge’, designed to…

Union Bank’s MD, Emuwa explains reasons behind profit after tax, assures on growth

Union Bank of Nigeria (UBN) Plc has reported a profit before tax of N15.7 billion for the year ended December 31, 2016. The profit was made from gross earnings of N126.6 billion in 2016, which is eight per cent above…