The proposed merger between Unity Bank Plc and Providus Bank Limited has moved into its final integration phase, following overwhelming shareholder approval and key regulatory clearances that effectively position the transaction as a done deal. The business combination, endorsed at a Court-Ordered Meeting and subsequent Extraordinary General Meetings in September 2025, is widely viewed by […]
The Head Office of Unity Bank Plc on Victoria Island, Lagos, has been gutted by fire in the early hours of Monday morning. There were several videos posted on social media by witnesses of the incident that showed part of the building being razed by fire up to the third floor. The management of the […]
Motolani Oseni The equities market closed on Thursday trading session on a negative note, as the Nigerian Stock Exchange, All-Share Index (NSE-ASI) slumped by 0.11 per cent on persistent sell-offs. The NSE-ASI fell by 30.18 basis points or 0.11 per cent to 27,052.93 basis points from 27,083.11basis points Accordingly, investors lost N15 billion in value […]
Due to failure to obtain statutory Aviation Height Clearance (AHC), the Nigerian Civil Aviation Authority (NCAA) has said it would immediately commence the demolition of one of Africa’s fastest growing telecommunications companies, Globacom Nigeria Limited, and some financial institutions in different locations across the country. The regulatory authority listed the names of the telecommunication operators […]
The Chief Executive Officer, Unity Bank Plc, Mrs. Tomi Somefun, said the success of the partnership with BoI is a testament to the fact that despite the difficulties of accessing credits by this segment of the market. Following the execution of a Memorandum of Understanding (MoU) with the Bank of Industry (BoI), Unity Bank Plc […]