Lagos, Nigeria – Leading financial institution, Union Bank has launched a technological and innovation hub known as SpaceNXT. Built to promote innovation and encourage collaboration within the tech ecosystem in Nigeria, SpaceNXT is a future-forward purpose designed...
In the News
New Winners Emerge in Union Bank’s Save & Win Palli Promo
More winners have emerged from Union Bank’s ongoing “Save & Win Palli Promo”.50 lucky customers nationwide each won N100,000 in the recently concluded monthly draw. The winners were selected through a transparent live draw event monitored by relevant regulatory...
Mobo Game Jam 2.0: Union Bank’s Edu360 Partners Kucheza Gaming for 2nd Edition
Lagos, Nigeria – For the second consecutive year, Union Bank, through its education platform Edu360, has partnered with foremost gaming company Kucheza, to organise another exciting edition of the Mobo Game Jam. Also supported by UK-based Digital Schoolhouse, Mobo...
The Next Robotics Legend 2.0
Two runners-up, Munachiso Okeoma and Oluwatimilehin Oke, designed a multifunctional smart health robot for conducting medical scans as well as performing surgical operations; and an agricultural robotic solution for weed identification and removal, monitoring soil...
Fitch Affirms Union Bank at ‘B-’, Outlook Stable
Lagos, NIGERIA – Following a comprehensive rating process, Fitch Ratings has affirmed Union Bank’s Long-Term Issuer Default Rating at ‘B- with a stable outlook. The lender’s Long Term National rating was also upgraded from ‘BBB- (nga)’ to ‘BBB (nga), with its...
Meet the Winners of the first Save and Win Palli Promo Live Draw
We are delighted to announce the prize draw winners from our first “Save and Win Palli” Promo Live Draw, which held on Wednesday July 28th 2021. Fifty lucky customers won a whopping N100,000.00 each in the live draw. Save and Win Palli Promo is a nationwide campaign...
Meet the Innovators! Winners Emerge in the UnionX Innovation Challenge
First runners up, Khalid Ismail and Bobby Ojeh, who built Gistabyte – a social payment app, received N1.5million, while the second runner-up Folarin Olulana received N1million for his initiative T40- A logistics company that has digitalised intercity travel across...
N55m Up for Grabs in Union Bank’s Save & Win Palli Promo
Union Bank has announced a nationwide campaign to give away 55 Million Naira to new and existing customers in its ‘Save & Win Palli’ promo. This is another way the Bank is offering Nigerians some relief (a.k.a. ‘palliative’) from the economic hardship brought on...
BANKERS’ COMMITTEE EMBARKS ON CYBERSECURITY & FRAUD AWARENESS INITIATIVE –
The Central Bank of Nigeria (CBN) and the Bankers’ Committee of Nigeria, on Monday, September 7th, 2020 launched its cybersecurity & fraud awareness campaign, called ‘Moni Sense’; to educate the general public on protecting themselves against cyber fraud and...