CBN okays Unity-Providus merger, SEC review next

Punchng | 07-08-2024 01:46pm |

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 first merger to be approved following a mandate by the apex bank directing banks to increase their minimum capital base. Per the Read More

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