merger – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Fri, 27 Feb 2026 12:39:07 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png merger – InfoStride News https://www.theinfostride.com 32 32 Unity Bank Shareholders Approve Merger with Providus Bank https://www.theinfostride.com/unity-bank-shareholders-approve-merger-with-providus-bank/ https://www.theinfostride.com/unity-bank-shareholders-approve-merger-with-providus-bank/#respond Wed, 25 Feb 2026 16:49:12 +0000 https://www.theinfostride.com/?p=467505 Unity Bank Plc has reached a major milestone in its restructuring journey as shareholders officially approved its planned merger with Providus Bank Limited. The decision, endorsed at an extraordinary general meeting held in Lagos, marks a new chapter in Nigeria’s banking sector, signaling one of the most significant consolidation moves in recent years. The merger [...]

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]]> https://www.theinfostride.com/unity-bank-shareholders-approve-merger-with-providus-bank/feed/ 0 Providus-Unity Deal Poised to Shake Up Nigerian Banking Race https://www.theinfostride.com/providus-unity-deal-poised-to-shake-up-nigerian-banking-race/ https://www.theinfostride.com/providus-unity-deal-poised-to-shake-up-nigerian-banking-race/#respond Wed, 24 Dec 2025 07:20:51 +0000 https://www.theinfostride.com/?p=467796 The Nigerian banking landscape is about to undergo one of its most significant transformations in years, as Providus Bank and Unity Bank move to combine into a single, strengthened financial institution. Shareholders of Unity Bank overwhelmingly approved the merger in a court-ordered meeting on September 26, 2025, setting in motion the dismantling of Unity Bank [...]

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]]> https://www.theinfostride.com/providus-unity-deal-poised-to-shake-up-nigerian-banking-race/feed/ 0 Increase in mergers and acquisitions recorded as the insurance industry reform bill takes shape https://www.theinfostride.com/increase-in-mergers-and-acquisitions-recorded-as-the-insurance-industry-reform-bill-takes-shape/ https://www.theinfostride.com/increase-in-mergers-and-acquisitions-recorded-as-the-insurance-industry-reform-bill-takes-shape/#respond Mon, 14 Jul 2025 14:33:05 +0000 https://www.theinfostride.com/?p=461971 Nigeria’s insurance landscape is experiencing a wave of mergers and takeovers, a trend driven by regulatory pressure from the ongoing Insurance Industry Reform Bill and the quest for operational efficiency, financial stability, and market competitiveness. The reforms, which aim to strengthen solvency standards, improve governance, and deepen industry capacity, have prompted several firms to explore [...]

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