Union Bank has set a new standard in Nigeria’s financial sector by offering unparalleled comprehensive maternity leave to support working mothers and an on-site crèche facility to support working parents. The scheme will benefit both male and female full-time employees. The initiative includes an industry-leading five months of fully paid maternity leave, exclusive of the applicable annual leave, and an …

The Economic and Financial Crimes Commission (EFCC), says it has arrested two former employees of Union Bank in Makurdi, Benue State, for allegedly stealing N4,199,500 from the account of a deceased customer. The spokesperson of the anti-graft agency, Dele Oyewale, made this known in a statement released yesterday in Abuja. The suspects, according to the statement, are Idah Ogoh and …

Union Bank, one of Nigeria’s foremost financial institutions, has re-emphasised the need to preserve and restore the global habitat through sustainable environmental practices. During a recent event organised in partnership with the Nigerian Conservation Foundation (NCF) to commemorate this year’s World Environment Day, the bank’s Head of Citizenship and Sustainability, Patricia Iwhewhe said: “Land degradation and erosion are not things …

As part of activities marking this year’s International Children’s Day, Union Bank recently hosted kids to a special Barnyard Fiesta at its multiple-purpose Sports complex, The Stable, Surulere, Lagos. The event is further to the financial institution’s support for the growth of the Nigerian child, The Barnyard Children’s Fiesta, held on Saturday, 25 May 2024, entertained kids of various ages …

Union Bank, one of Nigeria’s foremost and most trusted financial institutions, has announced another significant achievement with its attainment of The Best Management System Certification Body (MSECB) certifications in ISO/IEC 27001:2022, ISO 22301:2019, and ISO/IEC 20000-1:2018. The bank was awarded these three noteworthy certifications by MSECB, a leading international provider of audit and certification services, after being rigorously assessed and …

Union Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following the appointment of its Managing Director/Chief Executive Officer, Yetunde Oni, by the Central Bank of Nigeria (CBN). The bank assured its customers tha, as a long-standing financial institution in the Nigerian banking industry, it would continue to provide top-quality services …

A few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central Bank of Nigeria (CBN) has appointed new executive directors to oversee the affairs of the deposit money banks. In a statement by the acting Director of Corporate Communications, Sidi Hakama, on Thursday morning, the apex bank said the appointment takes immediate effect. According …

Union Bank Plc has announced a significant financial performance for the third quarter ending 30th September 2023. The bank reported a Profit Before Tax (PBT) of N102.3 billion, reflecting an impressive growth of 461.1 per cent compared to the PBT of N18.2 billion in the corresponding period of 2022. This notable achievement is attributed to a surge in gross earnings, …

In the last three days, we have seen a storm of allegations regarding the ownership of Titan Trust Bank Limited (TTB) and Union Bank of Nigeria Plc (“Union Bank”), and this has captured public attention. These claims, reportedly stemming from a report submitted to the President by a Special Investigator, Mr Jim Obaze, have initiated a critical discussion around transparency. …

The Office of the Special Investigator probing the Central Bank of Nigeria (CBN) has summoned the Chairman of Titan Trust Bank (TTB), Mr. Tunde Lemo, and two other shareholders of the bank to a “follow-up meeting” in Abuja on Thursday over the controversial acquisition of Union Bank of Nigeria last year. The summons were issued hours after Lemo, a former …