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Home·Deals·Banking·Titan Trust Bank acquires Union Bank of Nigeria
Titan Trust Bank acquires Union Bank of Nigeria (2026)
SEO URLwww.firestrike.ai/deals/union-bank-of-nigeria-titan-trust-bank-acquisition-2026
acquisitionAnnounced · Feb 6, 2026BankingSource · CredibleArticle · Factual
Union Bank of Nigeria
Titan Trust Bank
Union Bank of Nigeria · Titan Trust Bank

Titan Trust Bank acquires Union Bank of Nigeria

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
$300M
Target
Union Bank of Nigeria
Union Bank of Nigeria
NSE: UBN · Lagos, Lagos
Acquirer
Titan Trust Bank
Titan Trust Bank
Financial Stake
Status
Announced

Titan Trust Bank agreed to acquire Union Bank of Nigeria. Reported deal value: $300M. Status: Announced. Sector: Banking. Target headquarters context: Lagos, Lagos, Nigeria.

This page summarizes publicly available information about the transaction as of 2026-02-06. Figures and status may change as filings and press coverage update.

Titan Trust Bank $ 300m Acquisition Of Union Bank Violates CBN Policy Tony Chukwunyem 2 minute read …Afreximbank cash backing faulty …apex bank intervention protects Union Bank Titan Trust Bank acquisition of a controlling stake in Union Bank of Nigeria in August 2022 violated Central Bank of Nigeria prudential guidelines

Deal timeline

Announced
Feb 6, 2026 · newtelegraphng.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Banking with a reported deal value of $300M. Figures and status may change as sources update.

Sources: newtelegraphng.com · Primary article · FireStrike proprietary index