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...
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...