Union Bank of Nigeria Plc, one of the nation’s oldest and most respected financial institutions, has officially completed its merger with Titan Trust Bank Limited, following final approval from the Central Bank of Nigeria (CBN).The landmark transaction, which began with a Share Sale Agreement in 2021, has successfully consolidated Titan Trust’s assets, operations, and customerContinueContinue reading “CBN Approves Union Bank–Titan Trust Merger: A New Era in Nigeria’s Banking Landscape”
Category Archives: CBN
CBN Orders Banks to Publish Details of Dormant Accounts, Unclaimed Balances in Sweeping Financial Directive
Nigerian Stories has taken to its official X handle to announce a major financial development:”BREAKING NEWS: The Central Bank of Nigeria (CBN) has directed all banks to publish details of dormant accounts and unclaimed balances.”This unprecedented move is part of the apex bank’s intensified efforts to enhance transparency and ensure unclaimed funds are properly accountedContinueContinue reading “CBN Orders Banks to Publish Details of Dormant Accounts, Unclaimed Balances in Sweeping Financial Directive”
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