union bank

  1. Court Nullifies CBN's Sack of Union Bank Board, Orders Immediate Reinstatement

    Nigeria Court Nullifies CBN's Sack of Union Bank Board, Orders Immediate Reinstatement

    The Digest: A Federal High Court in Lagos has nullified the Central Bank of Nigeria's January 2024 dissolution of Union Bank's board and management, declaring the action ultra vires. Justice Chukwujekwu Aneke quashed all decisions taken by the CBN-appointed board and ordered the immediate...
  2. Union Bank Completes Merger with Titan Trust Bank, Retains Brand

    Nigeria Union Bank Completes Merger with Titan Trust Bank, Retains Brand

    The Digest: In a major move within the Nigerian financial sector, Union Bank of Nigeria has officially completed its merger with Titan Trust Bank. The consolidation, which received final CBN approval, sees Titan Trust Bank absorbed into Union Bank, promising seamless service for customers...
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