Nigeria: United Bank for Africa (UBA), Wema Bank, others enhance employees’ salaries and allowances

Posted by - August 2, 2023

In response to government reforms that have aggravated inflation, several banks, including Wema Bank, Zenith Bank, Guaranty Trust Bank (GTB), United Bank for Africa (UBA) and Union Bank, have decided to enhance their employees’ salaries and allowances to help them cope with the escalating cost of living. The inflationary situation in Nigeria was triggered by

Union Bank kicks off African expansion; signs commercial partnership agreement with Attijariwafa Bank

Posted by - November 11, 2022

Union Bank of Nigeria, one of Nigeria’s oldest financial institutions and Attijariwafa bank, a leading multinational commercial bank based in Morocco have signed a partnership agreement to support the Pan African development strategy of both financial institutions. Attijariwafa bank, a leading multinational commercial bank based in Morocco with over 5,835 branches spread across 26 countries

Union Bank Records N119bn Earnings, N16bn Profit in Nine Months

Posted by - November 18, 2020

Union Bank of Nigeria Plc has recorded gross earnings of N118.8 billion for the nine months ended September 30, 2020, indicating a six per cent growth from N111.9 billion posted in the corresponding period of 2019. Net interest income before impairment grew by 15 per cent N41.7 billion from N36.4 billion in 2019 driven by

Union Bank,TEDxLagos Partner to boost Nigeria’s growth.

Posted by - June 4, 2020

Union Bank has announced its partnership with TEDxLagos to host the annual TEDxLagos event for the third consecutive year. The collaboration is in line with the bank’s efforts to support initiatives which boost Nigeria’s development and growth. TEDx is a global platform created in the spirit of TED’s mission, “ideas worth sharing”, and aims to

Union Bank, Leading Ladies Africa partners to Empower Female Entrepreneurs

Posted by - September 13, 2019

As part of efforts to support businesses and economic activities a leading female empowerment group, Leading Ladies Africa, in alliance with Union Bank Plc has empowered 40 female-owned enterprises which was  themed, “Enterprise and Leadership Programme.” It was initiated to provide start-ups from the various sectors of the economy with the support needed to develop

Union Bank, Partners JAN to empower Adolescent Girls

Posted by - July 4, 2019

  As part of its commitment to supporting strong leadership mentality in young girls in Nigeria, Union Bank of Nigeria Plc has announced plan to partner with a non-profit organisation, the Junior Achievement Nigeria (JAN) to organise the annual LEAD Camp, a week-long program designed to identify, convene and coach exceptional female students from across

Union Bank Retains Positive Performance with N5.4bn Profit in Q1

Posted by - May 1, 2019

Union Bank of Nigeria Plc maintained an impressive performance with profit before tax of N5.4 billion, despite the challenging operating environment that pervaded the first quarter (Q1) of 2019, The unaudited results showed that Union Bank closed the Q1 with gross earnings of N37.7 billion, indicating a decline of five per cent from N39.5 billion