Union Bank of Nigeria has been named as the Best Small and Medium Enterprises (SME) bank in Nigeria by Global Finance – a leading financial international publication, in its second annual 2023 SME Bank Awards. Global Finance seeks to help corporate leaders, bankers, and investors chart the course of global business & finance and has…
Mr. Farouk Gumel, Chairman, Board of Directors, Union Bank of Nigeria delivered the keynote address that formed part of the theme for the 15th Annual Banking and Finance Conference year’s conference tagged Repositioning the Financial Services Industry for an Evolving Global Context. The two-day event, hosted by the Chartered Institute of Bankers of Nigeria (CIBN),…
Leading financial institution, Union Bank of Nigeria has received the highly acclaimed award for the Best Trade Finance Platform Initiative, at the recently concluded Middle East & Africa Banking Innovation Awards 2022. The Middle East & Africa Banking Innovation Awards, organised by The Digital Banker, is a prestigious award program designed to recognise the world’s…
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. Located within the Union Bank Head Office in Lagos Nigeria, SpaceNXT was set up…
For the third consecutive year, Union Bank and its employees celebrated their Employee Volunteer Day (EV Day) with a series of targeted charitable donations and projects, aimed at improving the lives of Nigerians. In line with the Bank’s efforts to drive sustainable impact and accelerate community development, EV Day is an employee-funded initiative that allows…
These are very bad times for customers of the Emeka Emuwa led Union Bank of Nigeria (UBN) as the bank appears to have lost its security edge over their competitors. Though, Union Bank prides itself as one of the big, strong and reliable financial institutions in Nigeria, depositors have continued to wonder how safe their…
A real estate development company known as Coronation Real Estate Development Limited has renewed its battle to secure a N4.1 billion compensation from Union Bank Plc over excess bank charges. The aggrieved company has filed a second amended statement of claim before a federal high court in Lagos alleging that Union Bank’s arbitrary interest, excessive…
Over the weekend, some dare-devil robbers attacked a branch of Union Bank at Ughelli, Delta State, where they went away with about N25 million. It was learnt that the hoodlums, gained entry into the bank after tying up the security guards on duty. Thereafter, they blew up the bank’s vault with dynamite and used welding…
One of the leading banks in Nigeria and Africa, Union Bank Plc, has unveiled two more improved branches in Lagos with new technology and superior product offerings. This is in line with its resolve to ensure and exceed customer satisfaction. Customers of Union Bank have been praising the financial institution for its improved services and technology,…
There was excitement in the atmosphere in Imo State when Union Bank played host to five major communities during the unveil of 5 of the banks newly upgraded branches as part of efforts to make banking “simpler and smarter” for its teeming customers. The 3-day event commenced on March 8, 2016. The five upgraded branches…