Union Bank Recognized for Supporting SME Businesses

Nume Ekeghe

Union Bank of Nigeria has solidified its role as a pivotal partner for the country's small‑business community after winning the Best SME Growth Banking Initiatives Award 2025 at the Nigeria National SME Business Awards, hosted by the Association of Small Business Owners of Nigeria in Lagos.

The award highlighted the bank’s ongoing dedication to aiding small and medium‑sized enterprises through targeted financial products, capacity‑building programs, and business support initiatives designed to foster growth, resilience, and long‑term value creation.

During the ceremony, Ayokunnumi Abraham, Head of SME Segment at Union Bank, accepted the award on the bank’s behalf and described the accolade as a strong affirmation of its commitment to SMEs.

He said: “We are honoured to receive this recognition, which reflects Union Bank’s continued commitment to helping SMEs grow by making banking simpler, faster, and more accessible. Through enhancements to our specialised platforms such as Union360, we have meaningfully reduced the time it takes for businesses to come on board and begin transacting. These improvements have shortened onboarding, increased digital adoption among our SME customers, and supported the acquisition of new business clients. Our focus remains on delivering practical solutions that help Nigerian businesses thrive.”