How the merger of Providus-Unity Bank will affect you as a customer

"I have a bank account with one of these banks; how will this affect me as a customer?" An anonymous Nigerian asked.
Providus-Unity Bank Merger

Many Unity and Providus Bank customers are worried about the merger because they never know what can happen to their assets. A curious Nigerian asked "I read on your website that the CBN has approved the merger of Providus Bank and Unity Bank into one. I have a bank account with one of these banks; how will this affect me as a customer?"

He is uncertain about the implications of the merger and wants to know if there's any cause for concern, despite the Central Bank of Nigeria's approval. Gilbert Ayoola has offered clarification on the matter. Gilbert Ayoola is a lead adviser, capital market advocacy educator, and general secretary of the Ibadan Zone Shareholders' Association, with over a decade of experience as a capital market analyst.

Gilbert Ayoola has clarified what customers of Unity Bank and Providus Bank can expect after their merger into Provital Financial Accommodation.

About the author

Temmy Samuel
Founded Mainwave Digital Media, Temmy Samuel is a financial advisor and journalist, blending financial expertise with storytelling skills to simplify complex financial topics for readers and clients alike. Learn More About Temmy Samuel

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