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.
Jkcyno news previously reported that Titan Trust acquired majority stake in 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…