By Ayomide Otitoju Union Bank of Nigeria has announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN). The transaction, which began with the signing of a Share Sale Agreement in 2021, formally consolidates Titan Trust’s operations into Union Bank. The combined entity…
Commercial banks are insisting on the Central Bank of Nigeria February 10 deadline to deposit old N200, N500 and N1,000 banknotes despite a temporary halt of the process by the Supreme Court.Financial institutions like Stanbic IBTC, Union Bank and other commercial banks said they would stick to the February 10 deadline for accepting old naira…
Union Bank of Nigeria has partnered with Wacot Rice Limited to aid the financial inclusion drive of farmers in Kebbi State. In a statement by the bank on Tuesday, the bank said it had partnered with Wacot Rice Limited, a rice processing company, to financially include 6,000 local farmers. It stated that this included the…