Union Bank News

Latest Articles

• Central Bank Assures Stability as Union, Keystone, and Polaris Banks Advance Toward Mandatory Capital Thresholds

  Published: Apr 3, 2026

  Section: Africa

  The Central Bank of Nigeria has confirmed that Union, Keystone, and Polaris Banks are actively raising funds to meet new recapitalization requirements. Despite ongoing regulatory r...

• Central Bank of Nigeria Appeals Court Order Reinstating Union Bank Board Amid Financial Distress Claims

  Published: Mar 27, 2026

  Section: Africa

  The Central Bank of Nigeria has filed a legal challenge against a Federal High Court ruling that nullified its takeover of Union Bank of Nigeria Plc. Regulators argue that the inte...

• Central Bank of Nigeria Maintains Regulatory Oversight of Union Bank Following Federal High Court Judgment in Lagos

  Published: Mar 26, 2026

  Section: Africa

  The Central Bank of Nigeria has issued a formal statement regarding a recent court ruling concerning its 2024 intervention in Union Bank of Nigeria Plc. While the apex bank reviews...