Tag: Union Bank
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Fidelity Bank gets $40m support to acquire Union Bank UK
Afreximbank said it has disbursed 40 million dollars Intra-African Investment Facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalisation of Union Bank United Kingdom.
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CBN appoints new executives for Union, Keystone, Polaris banks
The Central Bank of Nigeria (CBN) has appointed new executives for Union Bank, Keystone Bank and Polaris Bank.
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UPDATED: CBN sacks mgt of Union Bank, Keystone Bank, Polaris Bank
The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris Bank. Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications Department of the CBN
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NGX: Market capitalisation plummets after delisting of Union Bank
The domestic equities market kicked off the week with a growth 0.17 per cent due to bargain hunting in Guinness Nigeria and 31 others.
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BREAKING: Union Bank delists from NGX 52 years after
Union Bank of Nigeria Plc would be delisting from the Nigerian Exchange Group (NGX) 52 years after listing, TheNewsGuru.com (TNG) reports.
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RETRACTION: Godwin Emefiele does not own Titan Trust Bank
TheNewsGuru.com (TNG) investigation has shown that contrary to an earlier viral story which inadvertently found its way into our platform, through a cub reporter, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is neither the owner nor an investor in Titan Trust Bank, which in December 2021 bought over majority shareholdings in…
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Titan Trust retires top Mgt of Union Bank, directors after takeover
Titan Trust Bank has fired the board and management of Union Bank PLC after taking over the old generation bank. TheNewsGuru.com, (TNG) reports this was contained in a statement issued by the bank notifying the Nigerian Exchange Group of the resignation and subsequent retirement of directors from the board of the Union Bank.
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Titan Bank completes acquisition of Union Bank
Titan Trust Bank Limited (TTB), a subsidiary of TGI Group completed the acquisition of majority equity stake of 89.39 per cent in Union Bank of Nigeria (UBN) Plc. Trading report at the Nigerian Exchange (NGX) yesterday indicated that a total of 27.34 billion ordinary shares of UBN were swapped in block
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Zenith, Access, others move to acquire Union Bank
Top Nigerian banks, including Zenith Bank and Access Bank, as well as Middle Eastern lenders, have shown interest in acquiring the remaining assets of Atlas Mara Ltd., the pan-African banking group started by Bob Diamond, in Union Bank of Nigeria Plc, according to Bloomberg report. The London-listed group, according to the report, has received a…