Union Bank Completes Merger with Titan Trust, Strengthens Market Position
Union Bank of Nigeria has finalized its merger with Titan Trust Bank Limited, following the Central Bank of Nigeria’s approval, marking a significant milestone in the institution’s 108-year history. The consolidation, which began with the signing of a Share Sale Agreement in 2021, sees Union Bank fully absorb Titan Trust’s operations and assets. The combined […]
Afreximbank Fuels Fidelity Bank’s UK Expansion with $40 Million Investment
In a significant step towards reinforcing African dominance in global finance, the African Export-Import Bank (Afreximbank) has propelled Fidelity Bank Nigeria Plc’s ambitious UK expansion with a $40 million investment. This crucial funding supports Fidelity Bank’s acquisition and recapitalization of Union Bank UK, marking a significant milestone in African financial integration. The financial injection, […]
