Titan Trust Bank Limited has acquired a majority shareholding interest in Union Bank. This was contained in a notice published on the website of NGX and Securities Exchange Commission on Thursday. The notice was titled, ‘Proposed Divestment of Majority Shareholding Interest in Union Bank of Nigeria Plc’. Part of the notice read, “The Board of
Three operators pass CBN’s screening, get new bank licences
The Central Bank of Nigeria has added three new banks to the list of Deposit Money Banks and financial holding companies operating in Nigeria. This raised the number of lending institutions from 21 to 23 on its DMB’s list. Titan Trust Bank Limited got a commercial banking licence with national authorisation, increasing the commercial banks