Union Bank refutes acquisition by Access Bank

Union Bank Plc has dispelled rumours making the round that it was a subject of acquisition bid by Access Bank Plc.

An online site, agepne.com had alleged that Access Bank was desirous of acquiring Union Bank and that processes towards this end had begun.

However, Union Bank, in a notice it sent to the Nigeria Stock Exchange today and signed by Sonubi Shomuyiwa, its company secretary, said there was no trith in the allegation.

It urged members of the public to disregard the rumour