05/05/2021
Pan-African financial institution, United Bank for Africa (UBA) Plc added to its growing list of laurels at the Independent Newspaper Awards, winning the Bank of the Year.
04/30/2021
Union Bank said its operating expenses fell by four per cent to N17.3bn from N18bn in Q1, 2020, an outcome of sustained cost optimisation efforts; while non-performing loans ratio was flat at four per cent.
04/30/2021
As a result of effective implementation of our cost reduction strategy, operating expenses remained flat, despite the inflationary environment and increased regulatory cost.
04/27/2021
Its total assets stood at N1.18 trillion, which was a three per cent growth over the previous year, while shareholders’ funds grew by N14 billion (17%), largely attributable to internally generated profits.
04/26/2021
The lender’s first Black CEO resigned on Tuesday following a dispute with some subordinate directors over strategy, less than two months after his deputy Peter Matlare died from complications from Covid-19.
04/23/2021
Deposit Liabilities increased by three per cent from N3.611 trillion in December 2020 to N3.717 trillion in March 2021, whilst the Group’s loan book (Net) dipped by 1.4 per cent from N1.663 trillion recorded as at December 2020 to N1.639 trillion in