Union Bank has reassured customers that their deposits are secure amidst CBN's recapitalisation remarks CBN governor clarified distinct timelines for banks under regulatory intervention as the recapitalisation heats up Union Bank emphasizes transparency and commitment to regulatory compliance during recapitalisation Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade. Union Bank of Nigeria has moved to calm concerns following recent remarks by the Governor of the Central Bank of Nigeria, Olayemi Cardoso, regarding banks under regulatory oversight and the ongoing recapitalisation exercise. In a statement issued on Wednesday, February 25, 2026, the lender reaffirmed its operational stability and assured custome...