Union Bank Assures Safety of Deposits Post-Cardoso MPC Remarks

Nigeriacommunicationsweek | 27-02-2026 12:06pm |

Union Bank of Nigeria has reaffirmed its status as a going concern with stable operations, responding to media queries sparked by Central Bank Governor Olayemi Cardoso’s remarks at the 304th Monetary Policy Committee (MPC) briefing. Cardoso clarified that banks under regulatory intervention face unique recapitalisation timelines due to their circumstances, distinct from others with more

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