Providus Bank and Unity Bank have officially merged and are now operating under a new name, ProvidusUnity Bank.As part of the merger, both banks have started updating their social media accounts to ...
Stakeholders have said that the merger between Providus Bank and Unity Bank would intensify competition in the banking sector and commended it for being a better deal for minority shareholders. This ...
The shareholders of Unity Bank Plc have approved the proposed merger with Providus Bank Limited. The approval was given on Friday at the court-ordered meeting in Abeokuta, Ogun State, where 295 ...
Rising from a court-ordered Extraordinary General Meeting (EGM), the shareholders and Boards of Directors of Providus Bank and Unity Bank have approved the business combination of the two financial ...
The Central Bank of Nigeria has okayed the merger of Providus and Unity Bank, as both financial institutions await the approval of the Securities and Exchange Commission. The approval by CBN signals ...
The Asset Management Corporation of Nigeria (AMCON) yesterday at the Nigerian Exchange (NGX) sold its total equity stake in Unity Bank Plc to Providus Bank in a major deal that consolidated the ...
Following the proposed merger between Unity Bank Plc and Providus Bank Limited, capital market stakeholders have said this will lead to a strong synergy. The Central Bank of Nigeria (CBN) has granted ...
The Central Bank of Nigeria (CBN) has thrown its support behind Providus Bank’s acquisition of Unity Bank, a move aimed at safeguarding financial stability in northern Nigeria. Sources close to the ...
A statement by the CBN Acting Director, Corportae Communications, Mrs Sidi Ali Hakama on Tuesday, said, “This strategic move is designed to bolster the stability of Nigeria's financial system and ...
According to multiple reports, the CBN’s decision was primarily driven by the role and influence of Unity Bank in providing banking services in the north, where it is largely regarded as the foremost ...
The Central Bank of Nigeria (CBN) has given the go-ahead foreign crucial financial assistance to support the proposed merger between Unity Bank Plc and Providus Bank Limited. According to a statement ...
Shareholders of Unity Bank Plc and Providus Bank Limited have approved the merger of the two banks, paving the way for the completion of the first business combination under the ongoing banking ...