The Cheer News
Banks Brands Breaking News

Fidelity Bank Plc Announces Total Acquisition of Union Bank Plc

Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc.

According to Bloomberg, the CEO of Fidelity Bank, the Chief Executive of Fidelity Bank, Mrs Nneka Onyeali-Ikpe, made this disclosure.

The Bank noted that following the completion of the acquisition of Union Bank UK, it would expand into five African countries via acquisition.

Nneka Onyeali-Ikpe said: “The strategy is for us to move our footprint outside Nigeria and compete favourably with our peers. In the next three years, we should be able to be in six countries by doing at least two yearly.”

Related posts

COVID-19 Confirm Cases In Africa Hit 100,000 Friday


Airtel Nigeria Denies Awarding Nationwide Solar Contract to WATT Corporation, Contrary to Report


Man, 57 Arraigned For Raping Minor


Leave a Comment