Tag: Union Bank
Genomics research company 54Gene's COVID-19 testing support fund was launched today to increase Nigeria's daily testing capacity. The firm opened the fund with a donation of $150 thousand and has since received an additional $350 thousand from Union Bank. CEO of 54 Gene Abasi Ene-Obong joins CNBC Africa for more.
Nigeria's Union bank reported a 33 percent rise in its full years profit before tax to N24.7 billion. The commercial lender also posted a 23 percent rise in non-interest income to N43.3 billion. Chief Financial Officer of Union Bank, Joe Mbulu joins CNBC Africa to break down their full-year numbers of for 2019.
Key issues that shaped the Nigerian banking industry in 2017
Is digital disruption a threat or an opportunity for Nigeria's banks?
The Governor of the Nigerian Central Bank, Godwin Emefiele, plans to boost the contribution of the non-oil sector to Nigeria's GDP with a 500 billion naira export stimulation facility and a 50 billion naira Direct Intervention Fund from the Nigeria Export - Import Bank. Eze Nwakanma, Sector Lead of Agribusiness at Union Bank, joins CNBC Africa to discuss how the country can be more efficient in financing agribusiness.
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