Union Bank to divest non-banking subsidiaries

Union Bank of Nigeria plc has notified the Nigerian Stock Exchange (NSE) that the Bank has appointed financial advisers for the purpose of obtaining guidance and direction on the best option for complying with the directive of the Central Bank of Nigeria (CBN) regulation for all banks to divest from... [More]

Union Bank’s profit rises by 24%

Union Bank of Nigeria Plc made a profit before tax of N4.2bn in 2013, the banks financial results for the financial year, released on Wednesday showed. The figure represented a 24 per cent increase on the N3.4bn it reported in 2012. According to the bank, its profit for the year stood at N5.1bn, ref... [More]

Latest News