By Jennete Ugo Anya Nigeria’s financial inclusion rate has risen to 79 percent, equivalent to about 94.2 million adults, as digital financial services become a …
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Financial Services
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Market
Otedola Deepens First HoldCo Control While Staying Below Mandatory Takeover Threshold
by StakeBridge2 minutes readBy Kingsley Ani The Chairman of First HoldCo Plc, Mr. Femi Otedola, acquired 1.77 billion shares in the financial institution through Calvados Global Services Limited …
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Market
ProvidusUnity Bank Merger Creates Nigeria’s Ninth-Largest Banking Institution
by StakeBridge3 minutes readBy Kingsley Ani The merger between Providus Bank Limited and Unity Bank Plc has been completed following a Supreme Court ruling that removed the final …
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Market
FirstHoldCo Completes N45bn Capital Raise To Accelerate FirstBank Expansion
by StakeBridge4 minutes readBy Kingsley Ani First HoldCo Plc (FirstHoldCo) has completed the N45 billion second tranche of its N350 billion Private Placement Programme at N44.06 per share …
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