CBN approves Providus Bank and Unity Bank merger amidst acquisition speculations

The Central Bank of Nigeria (CBN) has officially sanctioned the merger of Providus Bank and Unity Bank, a strategic move aimed at fortifying the Nigerian financial landscape. The announcement, made via the platform formerly known as Twitter, comes after Providus Bank’s earlier initiative to secure a significant shareholding in Unity Bank. The CBN has expressed … Continue reading CBN approves Providus Bank and Unity Bank merger amidst acquisition speculations