Providus Bank gets approval to absorb ailing Unity Bank

For Unity Bank, it marks the end of the road after a period of significant financial distress that included a notable reduction in its workforce.

Unity Bank appoints acting CEO as Providus merger looms

Kolawole's immediate priority will be to stabilise the bank's operations, particularly following the apex banks's ₦750 billion financial support in two tranches

₦203 billion bad loans: Unity Bank’s crisis deepened amid Providus merger, job cuts

Unity Bank's financial woes stem from a loan portfolio heavily concentrated in the agriculture sector, accounting for 91% of its lending