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All posts tagged "Union Bank"

  • Union Bank’s shareholders demand better performance

    Shareholders of Union Bank Plc have demanded improved performance from the board and staff of the bank, even as the board promised to address all the problems confronting the bank. At the 44thAnnual General Meeting of the...

    • Posted June 24, 2013
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  • CDL Declares N2.1 Billion Dividends

    The Consolidated Discount House Limited (CDL) Wednesday declared a total dividend payout of N2.1 billion to its shareholders in its financial year ended December 31, 2012. The discount house said the reward was in line with its...

    • Posted June 6, 2013
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  • Union Bank’s earnings rise by 33%

    Union Bank of Nigeria Plc has recorded a 33 per cent rise in its gross earnings for the financial year ended December 31, 2012. Its full year results, released to the Nigerian Stock Exchange on Monday, showed...

    • Posted April 30, 2013
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  • Bank Executives make moves to salvage SMEs

    The Bankers Committee, comprising of the Chief Executive of Banks, has in their plan to salvage the small and medium enterprises promise to drastically reduce the interest rate  to encourage popular participation in  the real sector. The...

    • Posted April 10, 2013
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  • Union Bank appoints new chairman, directors

    One of Nigeria‘s leading financial institutions, Union Bank of Nigeria Plc had on Tuesday announced the appointment of a new chairman and non-executive directors to its Board of Directors. A statement by the bank said the new...

    • Posted February 27, 2013
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  • EFCC re-arraigns Ebong, ex-Union Bank MD, others

      Former managing director of Union Bank Plc, Barthlomew Ebong and five other executives of Falcon Securities Limited, a Subsidiary of Union Bank Plc, were yesterday re-arraigned before a Fedral High Court sitting in Lagos, by the...

    • Posted November 16, 2012
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  • Union Bank Recruits 1,000 New Employees, Promotes 636

      Union Bank of Nigeria Plc, as part of efforts to boost up the spirits of its employees and better the performance of the bank, it has employed about 1,000 staff and promoted another 636.   The...

    • Posted October 17, 2012
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  • OPIC Board Approves $250 Million in Financing for Union Bank

    The Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $250 million in financing for two American firms helping to revitalize a major Nigerian bank, a project that...

    • Posted September 23, 2011
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  • Union Bank: New Investors to get 60 pct

    Nigeria’s Union Bank said on Friday its $750 million recapitalisation deal will give a group of institutional investors led by African Capital Alliance (ACA) private equity a 60 percent stake in the troubled lender, while existing shareholders...

    • Posted September 9, 2011
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  • Union Bank Shareholders to Meet Sept. 30 on core Investor

    Union Bank Nigeria Plc (UBN), a lender bailed out by the central bank in 2009, said shareholders would meet on Sept. 30 to approve an agreement between the bank and its core investor, African Capital Alliance Consortium....

    • Posted September 3, 2011
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