Tag: Union Bank
How this genomics research company is helping Nigeria tackle COVID-19 pandemic
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.
Union Bank CFO: Diversified growth portfolio has led to sustainable revenues
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.
Rights issues on the Nigerian Stock Exchange
Rights issues on the Nigerian Stock Exchange
Key issues that shaped the Nigerian banking industry in 2017
Key issues that shaped the Nigerian banking industry in 2017
Is digital disruption a threat or an opportunity for Nigeria’s banks?
Is digital disruption a threat or an opportunity for Nigeria's banks?
Boosting agribusiness in Nigeria
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.
The changing face of corporate banking
The changing face of corporate banking
How to access long-term capital for infrastructure projects
How to access long-term capital for infrastructure projects
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