By investadvocate Jan 14 2011 15.12 GMT Lagos (INVESTADVOCATE)-Sacking is imminent at Union Bank of Nigeria Plc (UBN) over staff involvement in a recent strike action the Management of the Bank under Funke Osibodu, Group Managing Director/Chief Executive Officer (GMD/CEO) termed as illegal.   Following this, Osibudo announced Thursday January […]

By Oluwaseyi Bangudu 14 January , 2011   Wema Bank said it has got N15.2 billion from the Asset Management Corporation of Nigeria (AMCON) as sales of some non-performing loan portfolio of the bank.   “We have got 15.2 billion from AMCON, in addition to the N7.5 billion we raised […]

By Peter OBIORA investadvocate Jan 13 2011 01.39 GMT Lagos (INVESTADVOCATE) – Union Bank of Nigeria Plc (UBN) confirmed that it received N239 billion Bonds from the Asset Management Corporation of Nigeria (AMCON).   Funke Osibudo, the Group Managing Director/Chief Executive Officer (GMD/CEO) of the Bank Thursday January 13 2011 confirmed this […]