Titan Trust bank

Minority Shareholders Reject Union Bank, Oando Acquisition Arrangement

The President of the New Dimension Shareholders Association, Patrick Ajudua, has spoken against the proposed offer tendered by Titan Trust Bank Limited and Ocean and Oil Development Partners Limited (OODP) to buy out Union Bank and Oando minority shareholders. Titan Trust Bank

May 11, 2023

Court Makes New Ruling On Titan Trust's Acquisition Offer To Union Bank's Minority Investors

Business

Union Bank Shareholders Receive N12.18bn Offer To Sell Stake To Titan Trust Bank

Titan Trust Bank Limited, the majority investor in commercial bank, Union Bank of Nigeria (UBN) Plc, has revealed its plan to acquire 100 per cent of the financial institution. Currently, Titan Trust Bank owns a 94.5 per cent controlling stake in Union

May 9, 2023

CBN Fines Union Bank N200 million For Cryptocurrency Trading

Business·News

Titan Trust Bank Pays N13.49 billion More In Final Union Bank Takeover

Union Bank of Nigeria has disclosed that Titan Trust Bank Limited has tendered a mandatory takeover offer to acquire the remaining minority shares of 6.59 per cent. The minority shares is broken down to 1,927,532,558 ordinary shares of Union Bank, and it

October 25, 2022

News

Union Bank Acquisition In Controversy As Lawyers Want CBN Approval Cancelled

Approval for the take over of Union Bank plc by Titan Trust Bank granted by the Central Bank of Nigeria (CBN) has since stirred controversy over the process of the acquisition. A team of Senior lawyers led by Mr A.M. Makinde have

July 11, 2022

Business·Finance & Economy

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

Titan Trust Bank (TTB) obtained $300 million from African Export Import Bank (Afreximbank) to acquire Union Bank Nigeria. The financial backing will see Titan Trust leverage on the acquisition to provide capital for intra-African trade. Why Afreximbank back Titan Trust Bank? Afreximbank

June 7, 2022

Business

10 Union Bank Top Directors Who Lost Jobs To Titan Trust Acquisition

Titan Trust Bank Limited finally acquired Union Bank of Nigeria on Thursday, after receiving the approval of the Central Bank of Nigeria (CBN). The takeover of UBN led to a massive exit among the board of directors. The subsidiary of TGI Group,

June 3, 2022

News

Union Bank Acquisition: Tunde Lemo Speaks, Says He’s Titan’s Nominal Shareholder

Chairman of Titan Trust Bank, Mr Tunde Lemo has made further clarifications on the year-end acquisition of the 104-year-old Union Bank by the two-year-old Titan Trust Bank. In a tersely worded message issued on Christmas Day, Lemo said that he is

December 25, 2021

Business·Markets

Titan’s Union Bank Acquisition A Rescue Or Inorganic Growth Mission?

Like the Biblical Joseph’s dream wherein tiny hungry-looking cow swallowed up a fat one with so much ease, the news of the purchase of 104-year-old bank by a two-year-old gripped national attention as 2021 draws to a close. No doubt, Union has

December 25, 2021

Finance & Economy

How Tunde Lemo’s Titan Trust Bank Acquired 90% Union Bank Shares

Core investors at Union Bank of Nigeria (UBN) Plc, have concluded plans to sell their majority stake worth 89.9 per cent of the financial institution's shares to Titan Trust Bank Limited.

December 23, 2021

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Minority Shareholders Reject Union Bank, Oando Acquisition Arrangement

Union Bank Shareholders Receive N12.18bn Offer To Sell Stake To Titan Trust Bank

Titan Trust Bank Pays N13.49 billion More In Final Union Bank Takeover

Union Bank Acquisition In Controversy As Lawyers Want CBN Approval Cancelled

Afreximbank, Titan Trust Bank Sign $300 million Deal To Provide $3bn To Traders

10 Union Bank Top Directors Who Lost Jobs To Titan Trust Acquisition

Union Bank Acquisition: Tunde Lemo Speaks, Says He’s Titan’s Nominal Shareholder

Titan’s Union Bank Acquisition A Rescue Or Inorganic Growth Mission?

How Tunde Lemo’s Titan Trust Bank Acquired 90% Union Bank Shares

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