Business
Fidelity Bank Takes Over Union Bank
,,,,,Information reaching the OsunReporters Newspaper has it that Fidelity Bank said on Tuesday that it has agreed to take over the United Kingdom branch of Union Bank, one of Nigeria’s oldest lender,
……It was learnt that the deal is the latest phase in the train of divestments by the Union Bank which, beginning late last year. The initial stage saw Union Bank offload 90 per cent of its shareholding to a new owner, Titan Trust.
……Fidelity Bank will be acquiring Union Bank UK 100 per cent if the deal goes through, according to a binding agreement between the two, published by the Nigerian Exchange.
More details shortly……
-
News6 days ago
Tinubu Gives Fresh Order On Minors’ Treason Case
-
News6 days ago
FIRS gives update on how to apply for recruitment
-
News4 days ago
Former State Governor Arrested By EFCC (Photo)
-
Metro/Crime6 days ago
Police Arrest Olusegun Tinubu’s Wife Over Alleged Murder
-
Celebrities5 days ago
Actress Ronke Odusanya reveals how her marriage was ruined by friends
-
News1 day ago
President Tinubu Approves New Appointment
-
Health5 days ago
Experts speak on impact of sex position in pregnancy
-
News2 days ago
Chief of Army Staff, Lagbaja, is dead