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Chika Mbonu has expressed concerns that a recent court ruling regarding Union Bank's management could lead to uncertainty among depositors and disrupt overall banking operations if not addressed promptly.
A Federal High Court in Lagos has invalidated the Central Bank of Nigeria's (CBN) decision to dissolve the management and board of Union Bank. The ruling calls for the reinstatement of the previous leadership and restricts further actions by the CBN.
Union Bank employees took part in Healthwalks across various cities on February 28, 2026, as part of the closing activities for the Fitfeb 2026 wellness initiative, which aligns with the United Nations Sustainable Development Goals focused on health.
