Tag: Union Bank

Educating Nigeria, one community at a time: Inside Union Bank of Nigeria’s approach to corporate responsibility 

  Nigeria’s economic ambitions, whether higher productivity, a more competitive private sector, or stronger household resilience, all eventually run through the same bottleneck: the quality of the country’s human capital. For a bank, that fact carries a quiet implication. The customers, entrepreneurs, and employees of the next two decades are[Read More…]

Banking the Economy That Actually Exists

  There is a version of the Nigerian economy that the banking sector has always served well. It is the economy of salaried professionals, corporate treasurers, documented collateral, and monthly pay cycles. It is the economy that fits neatly into conventional credit models, standard account structures, and the risk frameworks[Read More…]

Union Bank Looted: How former directors gambled with billions and nearly destroyed a national bank

    The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign loans and treated depositors’ money like a private wallet.   Investigators uncovered billions of dollars in misconduct. These directors buried over ₦250 billion[Read More…]

NICA confers Fellowship on Polaris, Union Bank CEOs, Kayode Lawal, Yetunde Oni, other financial sector leaders

    The National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other distinguished leaders across Nigeria’s financial and corporate landscape, at an investiture ceremony held at the Muson Centre, Lagos.       Also honoured[Read More…]