BREAKING: Fidelity Bank To Take Over Union Bank UK

Posted by Amarachi on Tue 30th Aug, 2022 - tori.ng

The Central Bank of Nigeria has issued a ‘No Objection’ notice to the deal, according to a document published by the Nigerian Exchange on Tuesday.

Top commercial bank, Fidelity Bank has disclosed that it has entered into a deal to buy 100 per cent stake in the United Kingdom unit of Nigeria’s second oldest lender, Union Bank.

The Central Bank of Nigeria (CBN) has issued a ‘No Objection’ notice to the deal, according to a document published by the Nigerian Exchange on Tuesday.

Details Later...

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