Tag: Union Bank
Lagos court awards £1m damages against Union Bank over illegal deduction of £130.7m from NICON’s account
Union Bank of Nigeria is currently entangled in a legal battle after a Lagos State High Court nullified its deduction of £130,720,557.06 from the [...]
Ex-AMCON director testifies in court against Union Bank in N76bn, $31.5m fraud
A former Executive Director of Credit at the Asset Management Corporation of Nigeria, AMCON, Abbas Jega, has told a Lagos court that Union Bank Plc fr [...]
Made in Naija: Union bank empowers young Nigerian entrepreneurs
Union Bank of Nigeria, under its Made In Naija initiative, emphasised its commitment to supporting homegrown businesses by recently sponsoring the RIS [...]
Two staff of Union Bank arraigned for stealing N4m of deceased customer
Two former staff of the Union Bank, Idah Ogoh, and Agbo Okwute have been arrested for allegedly stealing the sum of N4,199,500 belonging to a deceased [...]
Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta
Union Bank of Nigeria, as part of activities marking this year’s celebration of International Children’s Day and further to the financial institution’ [...]
Panic in banking circles as CBN governor sends special examiners to look into ‘cooked books’ of banks over N20trn owner related loans
Some major Nigerian banks are in a state of panic as Olayemi Cardoso, the governor of Central Bank of Nigeria, CBN governor Olayemi Cardoso has began [...]
CBN sacks board of Titan Trust, Union Banks, two others, appoints new chief executives
President Bola Tinubu has started the implementation of the report of the Special Investigator on Central Bank of Nigeria, CBN and related entities, J [...]
Union Bank drags Swift Networks to Court, gets restraining order from operating 24 bank accounts over N7bn debt
The Federal High Court sitting in Lagos has granted Union Bank Plc. an interim order of Mareva Injunction restraining Swift Networks Limited and its a [...]
Union Bank Reaffirms Commitment to Sustainability; Partners NCF to Commemorate World Environment Day 2023
As part of its continuous efforts to champion environmental responsibility and promote sustainable practices, leading financial institution Union Bank [...]
Alleged N1.4bn fraud: Witness reveals how Kogi Assembly candidate, Atumeyi fraudulently benefitted N681m from Union Bank customer’s accounts
The first prosecution witness, PW1, Olusegun Falola, in the ongoing trial of Ismaila Yousouf Atumeyi, a Kogi State House of Assembly candidate of the [...]