providus bank

  1. Banking Consolidation: Providus-Unity Bank Merger Nears Completion as Recapitalisation Deadline Looms

    Nigeria Banking Consolidation: Providus-Unity Bank Merger Nears Completion as Recapitalisation Deadline Looms

    The Digest: The proposed merger between Providus Bank and Unity Bank is in its final stage, with an official announcement expected within a month. The consolidation is driven by the Central Bank of Nigeria's (CBN) March 2026 recapitalisation deadline, which set a N200 billion capital...
  2. Providus Bank, Unity Bank Secure Shareholder Approval for Major Merger

    Nigeria Providus Bank, Unity Bank Secure Shareholder Approval for Major Merger

    The Digest: In a significant consolidation move within Nigeria's financial sector, Providus Bank and Unity Bank have obtained shareholder approval to merge, creating a strengthened institution with nationwide reach and enhanced capital capacity. The merger represents a strategic response to...
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