In line with its commitment to enabling success for its customers, Union Bank has partnered with its parent company, TGI Group and Women’s World Banking, to introduce the ‘Digital Supplier Credit’ solution under its women’s banking proposition, αlpher. The ‘Digital Supplier Credit’ solution is designed to address the financial needs …
Read More »Court to Hear N407.8 million Suit Involving a Financial Institution
An Ikeja Special Offences Court has fixed August 17, 2022, to entertain a N407.8 million suit instituted by three businessmen against an old generation financial institution for alleged breach of contract. The court, presided over by Justice Oluwatoyin Taiwo arrived at the date after hearing a Motion Ex-Parte brought by …
Read More »Union Bank Reports 18% Increase in Gross Earning
Union Bank of Nigeria Plc in it’s unaudited financial statements for the quarter ended 31st March 2022 has reported a 18 per cent growth in the bank’s gross earnings for the period as against the first quarter of 2021. Driven by strong earning assets from on-lending to key sectors in …
Read More »Union Bank Launches SpaceNXT, Future-Forward Innovative Co-Creation Hub
…Reiterates commitment to innovation and technological advancement in Nigeria Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose designed co-working hub for innovators, creators and techpreneurs. …
Read More »Verve to Reward Cardholders with over N50 Million, Other Prizes in Verve Good Life Promo 2.0
Africa’s leading payment cards and digital tokens brand, Verve, has launched a nationwide promo tagged ‘The Verve Good Life Promo 2.0’ to reward its cardholders with exciting gifts and cash prizes. The Consumer Promo which will run for an eight-week period from February 1 to March 31, 2022, is being …
Read More »Banks Generate N88.9 Billion from Account Maintenance Charges in 9 Months 2021
Banks listed on the floor of the Nigerian Exchange scooped a sum of N88.9 billion from account maintenance charges in the 9-month period of 2021 (January – September). This is according to data extracted from the quarterly financial statements of the twelve listed banks. Zenith Bank, Access Bank and GTB …
Read More »Union Bank Appoints Aisha Abubakar as Non-Executive Director
Union Bank of Nigeria Plc has appointed Aisha Abubakar as an Independent Non-Executive Director effective 9th September 2021, following the approval of the Central Bank of Nigeria A statement issued by the bank said Abubakar joined the board of Union Bank following her tenure as Nigeria’s Minister for Women Affairs …
Read More »GTB, Zenith, Fidelity,Seven Other Banks Record 329,496 Unresolved Complaints in 12 Months
Within a period of one year spanning January 1 to December 31 2020, 10 top banks in Nigeria recorded a total of 329,496 unresolved customer complaints. The banks are Zenith, Guaranty Trust Bank, First City Monument Bank, United Bank of Africa, Access bank, Fidelity bank, Union bank, Sterling bank, Polaries …
Read More »Union Bank to Reward Customers with N55 Million
Union Bank has announced a nationwide campaign to reward new and existing customers with N55 million in the ‘Save & Win Palli’ promo. According to the financial institution, the campaign was introduced to provide relief to its customers as Nigeria continues to grapple with the economic hardship induced by the …
Read More »FIFA 21: 8 banks Set to Light Up Tech Experience Centre
The Tech Experience Centre, Africa’s cutting-edge technology and lifestyle hub, is set to come alive this weekend as eight leading Nigerian banks do battle to crown the winners of a FIFA 21 Gaming competition. Tagged Bank Wars, the keenly-anticipated competition is set to commence on Saturday, May 8, 2021 at …
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