• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, September 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Union Bank, Titan Trust Merger Gets CBN Nod

by Bukola Aro-Lambo
4 weeks ago
in Business
Union Bank
Share on WhatsAppShare on FacebookShare on XTelegram

Union Bank of Nigeria Plc has announced the successful completion of its merger with Titan Trust Bank Limited, following the final approval granted by the Central Bank of Nigeria (CBN).

Advertisement

The transaction, which commenced with a Share Sale Agreement in 2021, consolidated Titan Trust’s operations and assets into Union Bank, with the 108-year-old financial institution emerging as the surviving entity.

In a statement signed by the bank’s Chief Brand and Marketing Officer, Mrs. Olufunmilayo Aluko, Union Bank described the merger as a transformative milestone that fuses its long-standing heritage with Titan Trust’s dynamism and innovation.

Advertisement

The combined institution, which will continue to operate under the Union Bank brand, now boasts 293 service centres, 937 Automated Teller Machines (ATMs), and an expanded digital infrastructure to better serve retail, SME, and corporate customers across Nigeria.

Managing Director and Chief Executive Officer, Mrs. Yetunde Oni, noted that the consolidation marked a turning point in the bank’s history.

“This is a pivotal moment in our 108-year journey and a launchpad for delivering greater value to our customers. By blending stability with innovation, we are better positioned to meet the evolving needs of Nigerians and to be their most trusted financial partner,” Oni said.

RELATED NEWS

Oil Workers’ Strike: Nationwide Blackout Looms As GenCos Get Notice Of Gas Supply Cut

Afriland Fire: FIRS Sets Up Trust Fund, Educational Sponsorship For Staff’s Families

Pencom Sets December 2026 Deadline For PFAs To Recapitalise To N20bn

Dangote Refinery Resumes Petrol Sale In Naira After Committee’s Intervention

Also commenting, chairman of the Board of Directors, Mr. Bayo Adeleke, described the merger as the dawn of a new era.

“This is a new era of growth, collaboration, and shared prosperity. By bringing together the strengths of both institutions, we are committed to creating lasting value for our customers, shareholders, and communities while advancing Nigeria’s financial inclusion agenda,” he stated.

Union Bank further assured customers that their account details remained unchanged and services will continue without disruption, even as the bank intensifies its push into enhanced digital offerings.

Join Our WhatsApp Channel

Tags: Central Bank of Nigeria (CBN)Titan Trust BankUnion Bank Plc
SendShare10182Tweet6364Share
Bukola Aro-Lambo

Bukola Aro-Lambo

OTHER NEWS UPDATES

NIMR Faces Power Outage Over ₦38m Debt
Business

Oil Workers’ Strike: Nationwide Blackout Looms As GenCos Get Notice Of Gas Supply Cut

5 hours ago
Sylva’s Aide Apologises Over Media Publication Error
Business

Afriland Fire: FIRS Sets Up Trust Fund, Educational Sponsorship For Staff’s Families

14 hours ago
PenCom Cautions Retirees Against Fraudulent Pension Group
Business

Pencom Sets December 2026 Deadline For PFAs To Recapitalise To N20bn

14 hours ago
Advertisement
Leadership Conference advertisement

LATEST

Strike: Government Assures Nigerians Of Steady Supply Of Refined Petroleum Products

Oil Workers, Dangote Dispute: Operator Warns Against Undermining National Grid Stability

Nigeria Eyes $108bn Construction Boom As Big 5 Expo Unites Industry Leaders

Ex-VP Namadi Sambo To Be Turbaned Sardaunan Zazzau

La Liga: Yamal Returns To Inspire Barca’s 2-1 Victory Over Real Sociedad

Dangote Refinery Accuses PENGASSAN Of ‘Lies, Terror Tactics’ Over Planned Nationwide Strike

Suspected Herdsmen Kill 2 Farmers In Benue

Gunmen Kill Village Head, 11 Vigilantes In Kwara

Lewandowski Seals Comeback Win As Barcelona Go Top

BBNaija10: Imisi, Dede, JasonJae, 5 Others Join Mensan, Sultana In Top 10

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.