Entries by zeroone

Union Homes: We are Reorganising for Greater Efficiency

By Obinna Chima Union Homes Savings and Loans Plc has assured its stakeholders that it is restructuring its operations for greater efficiency. The company also said it was striving to improve its processes, manage its costs and also increase productivity, adding that its goal was to be a more effective organisation that provides valued services […]

Union Homes: NDIC Tasks Aso Savings On Take Over

The Nigeria Deposit Insurance Corporation (NDIC) has urged the management of Aso Savings & Loans Plc to enthrone sound corporate governance in the take-over of Union Homes Savings and Loans (UHSL) Plc. The managing director/chief executive of the NDIC, Alhaji Umaru Ibrahim, made this remark when the management of Aso Savings and Loans Plc visited […]

NSE places Union Homes’ shares on full suspension

The Nigerian Stock Exchange, NSE, has placed the shares of Union Homes and Savings Plc on full suspension. By full suspension, stockbrokers are not permitted to execute any transaction on the shares of the company within the stipulated period. This, according to a regulatory filing obtained by Vanguard, is pursuant to a March 10 2015 […]

Union Homes: Investors spoil for war over divestment

Investors who put their life savings in Union Homes, a subsidiary of Union Bank, have raised the alarm that their savings in the mortgage company are no longer secured. Most of the investors who reacted to an earlier story in Daily Sun Newspaper about Aso Savings’ interest in Union Homes are unhappy that the company […]