Union Bank of Nigeria
Commercial bank in Nigeria
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January 2024 | Yetunde B. Oni was appointed by the Central Bank of Nigeria as the Managing Director/CEO of Union Bank of Nigeria. |
January 2024 | Mannir U. Ringim joined Union Bank as an Executive Director, appointed by the Central Bank of Nigeria after spending almost two decades at Fidelity Bank Pic. |
2023 | Oluyinka Abimbola Morgan served as the Chair of WIMBOARD, an initiative under WIMBIZ that empowers women in management, business, and public service. |
December 28 2023 | Held a court-ordered meeting of shareholders to conclude the official merger process with Titan Trust Bank, with Union Bank of Nigeria existing as the surviving entity. |
November 2023 | Received approval to delist Union Bank of Nigeria Plc shares from the Nigerian Stock Exchange. |
September 2023 | Fidelity Bank completed the purchase of 100% control of Union Bank UK, finalizing a deal that was announced a year earlier. |
May 2023 | Completed a squeeze out of minority shareholders through a scheme of arrangement. |
2022 | Union Bank of Nigeria received the Global Finance Award for Best SME Bank in Nigeria, recognizing its outstanding services and support for small and medium-sized enterprises in the country. |
November 2022 | Titan Trust Bank executed a mandatory take-over offer (MTO) to other shareholders of Union Bank. |
June 2022 | Completed the transfer of 93.41% of issued share capital to Titan Trust Bank, resulting in a change of control. |
December 2021 | Announced an agreement for majority shareholders to divest shareholding to Titan Trust Bank. |
2020 | Union Bank UK was fully divested from Union Bank of Nigeria, becoming an independent UK entity. |
2017 | Mohammed Balarabe was appointed as Deputy Managing Director at Fidelity Bank Plc, with responsibilities including overseeing business operations in the Federal Capital Territory and Northern regions, and serving as Executive Compliance Officer. |
2016 | Entered the African Basketball League (ABL) under the name Stallions, which led to suspension from the Nigerian Premier League |
2016 | Began competing in Division 2 basketball league after ABL suspension |
October 2014 | Atlas Mara acquired AMCON's remaining 20% stake in the bank. |
2012 | Recapitalized with a $500 million injection by Union Global Partners Limited (UGPL), a consortium of local and international investors, who acquired 65% of the bank's shareholding. |
2011 | Union Bank B.C. competed in the FIBA Africa Clubs Champions Cup, ending the tournament in 8th Place. |
This contents of the box above is based on material from the Wikipedia articles Union Bank UK, Union Bank B.C. & Union Bank of Nigeria, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.