providus bank

  1. Unity Bank Says Merger With Providus 'Firmly on Track' After CBN, SEC Approvals

    Nigeria Unity Bank Says Merger With Providus 'Firmly on Track' After CBN, SEC Approvals

    The Digest: Unity Bank Plc has confirmed that its merger with Providus Bank Limited remains "firmly on track" following approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). In a statement on Wednesday, the bank addressed speculation that the merger...
  2. 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...
  3. 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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