Union Bank – InfoStride News

Union Bank Redeems ₦6.3bn Bond, Reassures Investors of Stability

Temitope Nlewemchi — Wed, 28 Jan 2026 19:00:46 +0000

Union Bank of Nigeria has successfully redeemed its ₦6.3 billion Series 2 bond, including both principal and coupon payments, marking a significant milestone in its ongoing commitment to investor confidence and financial discipline. The redemption, which took place on September 3, 2025, underscores the bank’s capacity to meet its debt obligations despite the challenging macroeconomic [...]

Source from InfoStride News

Union Bank Completes Redemption of ₦6.31bn Bond, Reaffirms Commitment to Stronger Balance Sheet

Temitope Nlewemchi — Wed, 28 Jan 2026 15:00:12 +0000

Union Bank of Nigeria Plc has successfully redeemed its ₦6.31 billion bond, reinforcing its financial resilience and commitment to prudent debt management in line with its long-term strategic objectives. The redemption, which was finalized this week, marks a significant step toward strengthening the bank’s capital structure and boosting investor confidence in its operations. According to [...]

Source from InfoStride News

Union Bank Customers Win Cash Prizes and Gifts in Ongoing Promo

Temitope Nlewemchi — Wed, 28 Jan 2026 08:47:29 +0000

Union Bank of Nigeria has rewarded hundreds of its loyal customers with cash prizes and other exciting gifts as part of its ongoing “Save and Win Palli Promo 4.” The initiative, which began in December 2024, is aimed at encouraging savings culture among Nigerians while offering them the chance to win life-changing rewards. In the [...]

Source from InfoStride News

Union Bank Recognised as an Outstanding Employer in New Workplace Excellence Award

Temitope Nlewemchi — Fri, 12 Dec 2025 13:14:24 +0000

Union Bank of Nigeria has been honoured with a major workplace excellence award, underscoring its reputation as one of the country’s leading organisations in employee welfare, corporate culture, and professional development. The award, presented at a recent industry event covered by leading Nigerian news outlets, celebrates organisations that demonstrate exceptional commitment to staff wellbeing, progressive [...]

Source from InfoStride News

Union Bank Secures ₦20.7 Billion Judgment Against Oil Marketers

Temitope Nlewemchi — Tue, 11 Nov 2025 14:29:19 +0000

In a decisive ruling, a Federal High Court in Lagos has awarded ₦20,732,299,999.21 in favour of Union Bank Plc against petroleum marketer Danium Energy Services Limited and its Chief Executive Officer, Kehinde Elliot Ogbor, demanding full payment and granting the bank exclusive rights over pledged properties. Presiding over the matter, Justice Deinde Dipeolu affirmed that [...]

Source from InfoStride News

CBN Names New Executive Officials for Union, Keystone, and Polaris Bank

Temitope Nlewemchi — Tue, 16 Jan 2024 11:33:12 +0000

In a strategic move, the Central Bank of Nigeria (CBN) has appointed new executive officials for Union Bank, Keystone Bank, and Polaris Bank. This leadership reshuffle signals the regulatory authority’s commitment to steering the banking sector and ensuring effective governance within these financial institutions. The appointment of new executive officials by the CBN underscores the [...]

Source from InfoStride News

CBN Shakes Financial Landscape: Boards Axed at Union Bank, Keystone Bank, and Polaris Bank

Temitope Nlewemchi — Wed, 10 Jan 2024 20:49:45 +0000

In a significant move, the Central Bank of Nigeria (CBN) has formally dissolved the Board and Management of three major banks—Union Bank, Keystone Bank, and Polaris Bank. This decisive action, announced in a press release dated January 10, 2024, stems from the banks’ failure to adhere to crucial regulatory provisions. The regulatory provisions implicated in [...]

Source from InfoStride News

Union Bank Bids Adieu: Delists from Nigerian Exchange After 52-Year Stint

Temitope Nlewemchi — Fri, 17 Nov 2023 13:42:59 +0000

After a remarkable 52-year presence on the Nigerian Stock Exchange, Union Bank of Nigeria Plc has made a significant announcement regarding its departure from the NGX. The decision, as revealed in a corporate filing on the NGX website, suggests a pivotal shift in the bank’s strategic direction. In the documentation signed by Somuyiwa Sonubi, the [...]

Source from InfoStride News

Union Bank & Yellow Cowrie: Nurturing Financial Literacy through Brainee Competition

Temitope Nlewemchi — Thu, 02 Nov 2023 18:48:27 +0000

Union Bank of Nigeria, in its commitment to impart financial knowledge to young individuals, has recently partnered with a non-governmental organization known as Yellow Cowrie to organize an enriching Brainee Financial Literacy Quiz Competition. This event, which took place at The Stable, the bank’s Sports Club located at 45 Bode Thomas, Surulere, brought together 150 [...]

Source from InfoStride News

Union Bank: We released N350 million to aid the coronavirus fight.

Temitope Nlewemchi — Wed, 02 Jun 2021 16:01:13 +0000

The Chief Executive Officer of Union Bank of Nigeria Plc, Mr. Emeka Okonkwo, has disclosed that the bank released N350 million to the fight against the spread of COVID-19 in Nigeria in 2020. This, he added was in line with the bank’s sustainability finance policy that aimed to uphold the tenets of the Social Development [...]

Source from InfoStride News

Union Bank Appoints New Chief Executive Officer

Adebimpe A. — Fri, 25 Dec 2020 08:34:58 +0000

Union Bank Nigeria Plc has announced Emeka Okonkwo as it’s new Chief Executive Officer. This coming following the voluntary retirement of it’s present Chief Executive Officer, Emeka Emuwa, from the Bank which is to take effect on March 31, 2021. According to the bank, Emeka Okonkwo has been appointed the new as the new CEO, [...]

Source from InfoStride News

Top 50 Brands: Dangote is Nigeria’s Most Valuable Brand

Ade Adewale — Mon, 03 Sep 2018 09:44:18 +0000

The Brand Africa 100 ranking is based on a survey among consumers 18 years and older, conducted in 23 countries across Africa Nigeria’s Dangote (www.Dangote.com) has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled at the weekend in Lagos. This is coming barely three months after [...]

Source from InfoStride News