Providus Bank Set to Acquire Unity Bank Pending Shareholders’ Merger Approval
Providus Bank Limited is on course to assume the corporate identity of Unity Bank Plc, in what could become one of the most significant consolidations in Nigeria’s mid-tier banking sector. According to a court-ordered notice sighted by Kogi Tribune, Unity Bank shareholders will convene on September 26, 2025, to vote on the proposed merger scheme.
CBN Plans Fresh OMO Auction Ahead of Projected ₦784bn Liquidity Inflows
The Central Bank of Nigeria (CBN) is preparing to roll out fresh Open Market Operations (OMO) this week to mop up excess liquidity, as the banking system braces for inflows worth ₦784 billion.
Customs Seize Arms, Ammunition and Drones Valued at Over ₦377 Million
In a major offensive against smuggling networks, operatives of the Federal Operations Unit (FOU) Zone A of the Nigeria Customs Service (NCS) have intercepted arms, ammunition, and industrial drones with a Duty Paid Value (DPV) exceeding ₦377 million.
Apapa Customs Rakes In ₦215bn Through B’Odogwu Platform in August
The Apapa Command of the Nigeria Customs Service (NCS) has reported a revenue collection of ₦215 billion in August 2025, achieved through the Unified Customs Management System (UCMS), popularly known as B’Odogwu.
Government Reinforces Health Security Framework to Combat Epidemics
The Federal Government has announced sweeping reforms to strengthen Nigeria’s public health security systems, with a focus on boosting early detection and safeguarding citizens against emerging global disease threats.
Niger Governor Bago Dismantles State Executive Council
Niger State Governor, Mohammed Umaru Bago, has announced the dissolution of the State Executive Council, bringing the tenure of all serving commissioners to an end.
Diaspora Remittances Reach $600m Monthly — Dabiri-Erewa, CBN
The Chairman/CEO of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, says recent policy reforms by the Central Bank of Nigeria (CBN) have boosted diaspora remittances, raising monthly inflows to about $600 million.
Ghana Supplies Crude to Dangote Refinery as Output Reaches 70% Capacity
The Dangote Petroleum Refinery in Nigeria has begun sourcing crude oil from Ghana, marking a strategic shift in its supply chain as the facility ramps up production towards full capacity.
Union Bank, Titan Trust Merger Sealed — Customers’ Accounts Stay Intact
Historic consolidation strengthens Union Bank’s market position as Titan Trust ceases to exist, while customer accounts and services remain unchanged.
Nigeria Bets on AI to Drive Tinubu’s $1tn Economy Vision
Minister Bosun Tijani says recognition on TIME’s AI100 list underscores Nigeria’s ambition to lead in responsible artificial intelligence development.
