• Contact Us
  • About Us
Wednesday, June 18, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Union Bank donates N50m to fight Coronavirus

metro by metro
March 27, 2020
in Economy
0
0
SHARES
0
VIEWS

Union Bank of Nigeria  Plc has donated $130,000 or N50m to tackle the spread of the Coronavirus pandemic in Nigeria.

The donation was made into a fund set up by 54gene, African genomics research, services and development company working closely with the Nigeria Centre for Disease Control (NCDC) to fight the Covid-19 pandemic.

Read Also

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

Israel-Iran Conflict May Trigger FDI Decline In Nigeeia, Ghana- Report

Anxiety As CBN Sticks To June 3 Recapitalisation Deadline For BDC Operarors 

According to the bank, the money will help increase Covid-19 testing capacity in the country by up to 1,000 additional tests a day, by buying testing instruments and critical biosafety materials such as biosafety cabinets and personal protective equipment urgently needed to keep frontline healthcare workers safe.

The bank stated that the procured equipment will be installed in general hospitals and laboratories across the country, and will remain in place even after the ongoing Covid-19 pandemic, to be used in the case of future outbreaks.

In addition, there will also be extensive training and support to medical practitioners and volunteers working across the country to curb the menace.

Announcing the donation, Chief Executive Officer, Union Bank of Nigeria (UBN) Plc, Emeka Emuwa, said the community is one of the core values at the bank noting that there is no better time to live this value than now.

According to him, a critical need for the country at this time is to scale up its testing capabilities and give a better chance of slowing the spread of the virus.

“We are therefore pleased to be supporting 54gene who is directly collaborating with NCDC and World Health Organisation who are coordinating Nigeria’s Covid-19 response,” Emuwa said.

While commending Union Bank on its donation, Chief Executive Officer, 54gene, Dr. Abasi Ene-Obong said the rapid and assured response from some of Nigeria’s most reputable institutions, such as Union Bank, to join the fight against this deadly disease is highly welcome.

“They, like us, understand the need for a multi-stakeholder, co-ordinated plan, that can be implemented almost immediately, as we work together as a community, side-by-side, to fight Covid-19 and protect our population,” Emuwa said.

Last week, Union Bank, which had already been proactive in rolling out stringent safety and hygiene practices within its branches and service locations, took the lead in activating remote work for its employees, directing more than 70 per cent of its employees in non-service functions to work from home starting Monday, March 23, 2020.

Union Bank also announced the launch of a toll-free customer care number 0800 700 700 which customers can call free of charge at anytime of the day or night to get help with banking issues.

Emuwa said these initiatives underscored Union Bank’s commitment to containing the spread of the virus while actively supporting the communities within which it operates.

Tags: CoronavirusUnion Bank
Previous Post

47 Soldiers Killed, Others Wounded In B’Haram Ambush

Next Post

AfDB Launches Record Breaking $3 Billion “Fight COVID-19” Social Bond

Related Posts

CBN
Economy

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
Dollars
Economy

Israel-Iran Conflict May Trigger FDI Decline In Nigeeia, Ghana- Report

June 16, 2025
Uneasy Calm In Banking Industry Over FG Special Investigator’s Report
Economy

Anxiety As CBN Sticks To June 3 Recapitalisation Deadline For BDC Operarors 

June 12, 2025
Oil Prices Hold Gains, Dollar Steadies Ahead Of US-China Trade Talks
Economy

Oil Prices Hold Gains, Dollar Steadies Ahead Of US-China Trade Talks

June 9, 2025
Next Post

AfDB Launches Record Breaking $3 Billion "Fight COVID-19" Social Bond

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
Oil Prices Down 1% On Strong Dollar, China Economy Worries

Oil Prices Extend Rise As Iran-Israel Conflict Enters Sixth Day

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version