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Business

Afrexim Bank backs Fidelity Bank’s acquisition of Union Bank UK with $40m facility

The plans of Fidelity Bank Plc to acquire and recapitalize Union Bank, United Kingdom has gotten the backing of Afrexim Bank as the multilateral...

Business

EXCLUSIVE: Union Bank UK Made No Profit In 4 Years, Set For Liquidation Before Acquisition By Fidelity Bank

The newly acquired Union Bank UK by Fidelity Bank has been a loss-making company since the last four years from 2019 and its revenue...

Business

CBN, Bank of England take decision on Fidelity Bank, Union Bank UK acquisition deal

The Central Bank of Nigeria (CBN) and the Bank of England have taken a position on the acquisition of Union Bank UK Plc (UBUK)...

Business

Fidelity Bank Completes Acquisition Of Union Bank UK

Fidelity Bank Plc has received the final approval for the acquisition of Union Bank UK, marking the completion of the acquisition of the 100...

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