Union Bank Shareholders Approve ₦ 54.4 billion Share Premium Reduction

  Shareholders of Union Bank of Nigeria Plc. have approved the proposed reduction of ₦54.4 billion from the Bank’s Share Premium Account in a bid to restructure the Bank’s balance sheet for optimal performance.   The Shareholders endorsed the move during the Bank’s Extra-Ordinary General Meeting (EGM) which held recently in Lagos. Union Bank’s financial…