Like defunct Diamond, Union Bank begins divestment from UK
More than one year after defunct Diamond Bank exited from United Kingdom banking space, another Nigerian financial institution, Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank…
Banks’ making more profits from fintech adoption than physical branches—Akano
Upon the trending fears that payment service providers relying on financial technology (FintTech) are becoming serious threats to conventional banks in Nigeria, latest findings have shown that banks earned more revenue in the last financial year from adoption of FinTechs….
Zenith, Union Banks’ announce new board members after CBN approval
Two leading commercial banks, Zenith Bank Plc., and Union Bank of Nigeria Plc have announced changes to the membership of their Board of Directors. Whereas in Union Bank, the changes followed the retirement of an Executive Director, Mr. Ibrahim Kwargana…
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…
