World’s Best Banks 2022: Union Bank Receives High Ratings in Five Euromoney Market Leaders Rankings

Union Bank of Nigeria is pleased to announce that it has received high ratings in five categories of the 2022 Euromoney market rankings. The Bank was recognised as ‘Highly Regarded’ in Corporate Banking, Corporate and Social Responsibility (CSR) and Environmental, Social and Governance and classified as ‘Notable’ in SME Banking and Digital Solutions. Euromoney Market Leaders is an independent global assessment of the leading financial service providers across key categories in each market. The ‘Market Leaders’ rankings take multiple sources of data including qualitative and quantitative to build a robust…

Read More

Nigeria begins oil drilling in Gombe, Bauchi with 1b barrels oil, 500bscf gas

President Muhammadu Buhari, yesterday, officially flagged off the anticipated drilling of crude oil at the Kolmani field, which is lapping on the border of Bauchi and Gombe states.   The first phase of the exploration will entail an in-situ oil refinery of up to 120,000 barrels per day capacity, a gas processing plant of about 500 million standard cubic feet per day, a power plant of up to 300-megawatt capacity and a fertiliser plant of 2,500 tons per day, according to the Nigerian National Petroleum Company (NNPC) Limited. President Buhari…

Read More