Tag: Union Bank

Union Bank, CBN, AGF at the Supreme court with oil company over $15b judgment debt

Bode DoluLeave a Comment on Union Bank, CBN, AGF at the Supreme court with oil company over $15b judgment debt

The Attorney General of the Federation (AGF), Central Bank of Nigeria (CBN) and Union bank are currently entangled in a fierce legal battle with a private company, Petrol Union oil and gas Ltd over a whopping $15B judgment debt at the Supreme Court Supreme Court of Nigeria has, however, agreed to hear a motion filed […]

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Union Bank claims ownership of $2.8 million intercepted at Enugu airport

Bode DoluLeave a Comment on Union Bank claims ownership of $2.8 million intercepted at Enugu airport

Union Bank, one of Nigeria’s oldest financial institutions, on Friday night, admitted ownership of a large consignment of cash which anti-graft operatives said they intercepted at the international airport in Enugu, Nigeria. The Economic and Financial Crimes Commission (EFCC) announced in a statement Friday evening that two men were arrested at Akanu Ibiam International Airport […]

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