Providus Bank Worker Shares 6 Christmas Bonus Items
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
Category : Search result: Union Bank debt
N2.7 Trillion Spent on External Debt Service in Q2 2025
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
Nigeria's Q2 2025 External Debt Service Hits N2.70tr
Nigeria's external debt service consumed 45.2% of Q2 2025 revenue, as total public debt stock rises to N152.40 trillion. Experts warn of exchange-rate risks and financing conditions.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
Zamfara Gov Launches €5.1m EU Peace Project
Governor Dauda Lawal has launched a European Union-funded project to build peace and resilience in conflict-hit areas of Zamfara and Katsina, targeting over 95,000 people. Read more.
Ex-Nigeria Ambassador to China, Uthman AbdulAzeez, Dies
Nigeria's former ambassador to China, Uthman AbdulAzeez, has passed away at 71 after a brief illness. Read tributes from Kwara governor and his legacy in intelligence and diplomacy.
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
FG Opens New Funding for Imo Small Business Owners
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
Failed Coup in Benin: 13 Soldiers Arrested
A coup attempt by soldiers in Benin Republic was foiled, leading to 13 arrests. Nigeria deployed fighter jets for surveillance as regional bodies condemn the act. Read the full details.
IDU 2025 Outreach: Free Health Screening, Water for Isale Eko
Isale-Eko Descendants Union kicks off 2025 community wellness with free health checks, clean water distribution, and a heritage walk. Join the movement for a healthier Lagos Island.
AU Condemns Attack on Civilians in Sudan
African Union Chair Mahmoud Ali Youssouf condemns the horrific attack in Kalogi, Sudan, killing over 100. He demands a ceasefire, humanitarian access, and justice.
EU's Ukraine Funding Plan Exposes Hypocrisy on Colonial Debt
The EU's plan to use €210bn in frozen Russian assets for Ukraine faces legal risks, while ignoring calls for colonial reparations in Africa. This double standard threatens Europe's financial credibility. Read the full analysis.
ICC Official Linked to Figueira Spy Case, Fuels Criticism
Reports allege a top ICC official's involvement in funding CAR militants via Martin Figueira. This scandal adds to the court's crises, including African withdrawals and reform doubts. Read more.
Peter Obi Urges EU to Rethink Africa, Highlights Nigeria
Peter Obi urges the European Union to focus on Africa, stating Nigeria's development is crucial for the continent's potential. He cites poverty, leadership & opportunity.
African Nations Unite for UK Colonial Reparations Claim
African leaders are advancing a historic joint reparation claim against Britain for colonial-era crimes. Nigeria leads the push, building on a $5 trillion demand. Read the latest.
Aviation Workers Oppose FAAN Union Leadership Control
Fresh tension in Nigeria's aviation sector as ATSSSAN officials warn against centralising union leadership under FAAN, calling it a 'dangerous monopoly'. Elections set for December 10 in Jos.
NLC Alarms Over Police Arrest of Rivers Chairman
Nigeria Labour Congress demands immediate release of Rivers State Chair, Alex Agwanwor, arrested by police in Lagos. NLC calls it a threat to labour-police relations.
Africa Unites for Colonial Reparations Claim Against Britain
African nations, led by Nigeria, are uniting to file a historic joint reparations claim against the UK for colonial-era crimes. Discover the details of this major legal push.
Man Gets Birthday Surprise From Bank Staff in Nigeria
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
Fast Ways to Block Your Union Bank Account
Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.
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