The Board of Directors of Union Bank Plc has announced a board meeting. This was disclosed in a statement sent to The Nigerian Stock Exchange (NSE) on Monday 7th October 2019 through the Company's Scribe Somuyiwa Sonubi.

Financial Metrics Nigeria reports that that the group's board meeting will hold on Monday 21st October 2019. One of the top agendas of the board meeting is the approval of the company's Unaudited Financial Statements for the period ended 30th September 2019.

In view of this, the group also declared a closed period. Financial Metrics Nigeria reports that the closed period is a post-listing requirement for companies listed on the exchange market to observe.

The closed period will enable the listed companies to complete and file their financial results to the Central Bank of Nigeria for approval. After the approval they will file the results to the Nigerian Stock Exchange.

The closed period simply means that the group's directors, shareholders, and employees will not be allowed to transact their shares. Also, potential investors and anyone with vital information about the trading of the Union Bank shares will be prohibited from transacting their shares on the exchange market.

Financial Metrics Nigeria reports that the closed period does not affect the day to day operations of the bank as the bank will be open. The closed period only affects the trading of Union Bank Plc shares on the Nigerian Stock Market.

The closed period commenced from Monday 7th October 2019 till 24 hours after the group's Q3 2019 results have been made public.

Financial Metrics Nigeria reports that Union Bank Plc shares price currently stands at N7. 

Source: https://financialmetricsnigeria.com/union-bank-enters-close-period-ahead-of-q3-unaudited-results/

Na dem headache.

Good

a yam not understanding, lemme go and withdraw my 70 naira pere.

Ok....I wish them all the Best

Pin

Union Bank na old man bank

Nairalanders, Please come through for me�

I need at least 2k likes on this IG post to get a paid internship that’ll help boost my career.
Please click the link below & like the post. It only takes a few seconds.
https://www.instagram.com/p/B3ToQApFJGe/?igshid=s58ykuq01u4k

Kindly Share
Love & light always ❤

this close door meeting is either to doctored the report to please them and make the public believe the bank is healthy or seek ways to remove gradually N1 or 50kobo from all customers of the bank.
and we have a financial regulator called CBN!

this union bank ughelli very fine struture

Good for dem!

We will be patiently waiting for the outcome of this meeting.

valentineuwakwe:
this close door meeting is either to doctored the report to please them and make the public believe the bank is healthy or seek ways to remove gradually N1 or 50kobo from all customers of the bank.
and we have a financial regulator called CBN!

I don't think so. Although that can't be totally ruled out; reason - this is Nigeria.

They need to decide on way forward. That is one of the major duties of the board and some of those things you typed up there are very professionally unethical in corporate governance.

Your day is blessed.

Na so dem scam me to open one UnionKorrect savings account wey dem no dey debit wtax from. But na lie, nothing special about it

Union bank ? I have no comment.

My Union Bank Account has been dormant for almost a Decade but them still dey send Me Birthday Messages

TheSmoothTalker:
Union Bank na old man bank

Nairalanders, Please come through for me�

I need at least 2k likes on this IG post to get a paid internship that’ll help boost my career.
Please click the link below & like the post. It only takes a few seconds.
https://www.instagram.com/p/B3ToQApFJGe/?igshid=s58ykuq01u4k

Kindly Share
Love & light always ❤

Bro it's all bout ur cash I can give u 2k likes today today sharply from Nigerians via Influencing method real.likes

So DM me here lemme help u

hope my account is safe with union ooo.. I just opened another 3 accounts for my correct daidai.. help me ooo

dreu2fine:
this union bank ughelli very fine struture

Immediately I saw the picture first thing I said was union Bank oveto, ughelli. Very nice structure. NYSC made me a union Bank customer by force.

l applied for loan from Union bnk. pls hw long does it stays before its been approved??

l hv been banking with dem since dis year and my account is very active with flows of Credits and Debits alerts

id4sho:
a yam not understanding, lemme go and withdraw my 70 naira pere.

Lol... c'mon!

I wonder why they are presenting the financial report without unqualified opinion of an auditor...
This type of thing is not right, it can be manipulated by the board for tax avoidance, fasle declaration profit...
Why are the regulatory bodies silent....

The only bank that calls