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Union Bank of Nigeria has successfully obtained the PCI DSS 4.0.1 certification, demonstrating its commitment to safeguarding customer payment card data through adherence to global security standards.
Union Bank has marked over a century of contributing to Nigeria's development, having financed key infrastructure projects such as railways, ports, textile mills, and housing schemes.
Fresh details from a forensic audit report allege wide-ranging financial irregularities that led to the Central Bank of Nigeria's regulatory intervention in Union Bank of Nigeria (UBN).
Union Bank of Nigeria has been honored with the Best SME Growth Banking Initiatives Award by ASBON, recognizing its dedication to supporting local commerce and small and medium-sized enterprises.
Union Bank, present in Nigeria since 1917, marks its 109th year, emphasizing that financial inclusion is central to its institutional story as it has witnessed the country's economic evolution.
The Central Bank of Nigeria (CBN) has appealed a Federal High Court judgment that nullified its takeover of Union Bank of Nigeria Plc, arguing the lower court erred in law by holding it acted outside its statutory powers.
Union Bank of Nigeria received recognition from ASBON for its efforts in supporting small and medium-sized enterprises, offering streamlined onboarding, accessible credit, and practical assistance for business growth.
A forensic audit report on Union Bank of Nigeria (UBN) alleges wide-ranging financial irregularities under its former owners and directors, leading to regulatory intervention.