• Contcat Us
Tuesday, October 28, 2025
Nigeria Today
  • Home
  • News

    Designate Katampe Hill & Waterfalls as National Park — Ex-Head of Service Urges FG

    China And Nigeria Reaffirm Strategic Partnership at PRC’s 76th Anniversary Celebration

    Experts, Diplomats Discuss Global Governance Initiative at Abuja Seminar

    China Commissions 15th Chinese Corner in Abuja to Boost Cultural and Educational Exchange

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    NCSP DG Urges Legislative Action to Deepen Nigeria-China Economic Cooperation

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    The One-China Principle and the UN Resolution 2758: Why they still matter for Nigeria and the world

    Implementing the Global Governance Initiative for a Community with a Shared Future for Humanity

    China: Africa’s Most Reliable Companion on Africa’s Path to Development

    My China Story: A Journey Through Beijing, Wuxi, and Qingdao

  • Sport

    Chinese Ambassador’s Cup: 2025 Wushu Championship Set to Hold in Abuja

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

  • Culture

    China & Nigeria Celebrate International Day for Dialogue Among Civilizations

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

  • Videos
No Result
View All Result
  • Home
  • News

    Designate Katampe Hill & Waterfalls as National Park — Ex-Head of Service Urges FG

    China And Nigeria Reaffirm Strategic Partnership at PRC’s 76th Anniversary Celebration

    Experts, Diplomats Discuss Global Governance Initiative at Abuja Seminar

    China Commissions 15th Chinese Corner in Abuja to Boost Cultural and Educational Exchange

  • World

    Bangladesh prime minister resigns, flees country after deadly protests

    U.S Supreme Court disqualifies Trump from 2024 presidency

    Calling President Xi a dictator ‘absurd and irresponsible’, China tells Biden

    Biden and China’s Xi met for three hours. Here’s what they talked about

  • Nigeria

    NCSP DG Urges Legislative Action to Deepen Nigeria-China Economic Cooperation

    FG Abandons Lagos-Calabar Coastal Highway Route, Reverts to Original Alignment

    Chinese-constructed light rail helps ease traffic flow in Nigeria’s Lagos

    We’ll Work With President-Elect Tinubu On Economy, Security & Job Creation – Chinese Envoy

  • Politics

    APC Affirms One-China Principle, Lauds Nigeria-China Partnership

    China’s national legislature opens annual session in Beijing

    Key highlights of President Xi Jinping’s meeting with President Tinubu

    Gov Uba Sani Engages CCECC in Beijing to Boost Kaduna State Projects

  • Opinion

    The One-China Principle and the UN Resolution 2758: Why they still matter for Nigeria and the world

    Implementing the Global Governance Initiative for a Community with a Shared Future for Humanity

    China: Africa’s Most Reliable Companion on Africa’s Path to Development

    My China Story: A Journey Through Beijing, Wuxi, and Qingdao

  • Sport

    Chinese Ambassador’s Cup: 2025 Wushu Championship Set to Hold in Abuja

    2025 World Relays: Chinese Embassy Refutes Claims of Visa Delays for Nigerian Contingent

    Haopeng Cup: CGC Wins 2024 CGCCN Basketball League

    China wins 12 Olympic swimming medals in Paris, shrugs off doping row

  • Culture

    China & Nigeria Celebrate International Day for Dialogue Among Civilizations

    Nigerian Students Shine at 24th Chinese Bridge Competition in Abuja

    China Marks 2025 International Chinese Language Day in Abuja

    Chinese Embassy in Nigeria Celebrates 2025 Spring Festival with Temple Fair

  • Videos
No Result
View All Result
Nigeria Today
No Result
View All Result
Home Business

Fidelity Bank to buy 39-year-old Union Bank UK

by Nigeria Today
August 30, 2022
Reading Time: 1 min read
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Fidelity Bank Plc is finalizing an agreement to buy Union Bank UK Plc.

The acquisition will further strengthen Fidelity bank’s push to become a tier 1 bank in Nigeria

In a corporate filing at the Nigerian Exchange Limited on Tuesday, Fidelity Bank said the Central Bank of Nigeria had issued ‘No Objection’ to its proposed acquisition of the bank which commenced London operations in 1983.

The notice signed by Fidelity Bank’s Company Secretary, Ezinwa Unuigboje, said the transaction was still subject to the approval of the Prudential Regulatory Authority of the United Kingdom.

Fidelity Bank’s Managing Director. Nneka Onyeali-Ikpe, said, “This transaction aligns with our strategic plan of expanding our service touchpoints beyond the Nigerian market and providing straight-through services that meet and exceed the needs of our growing clients.”

She said the diverse service bouquet and business model of Union Bank UK offered a compelling synergy, adding that Fidelity Bank hopes to build on the existing capacity to create a scalable and more sustaining service franchise that will support the wider ecosystem of the bank’s trade business and diaspora banking services.

Union Bank UK commenced operations from the heart of the City of London in 1983 to provide competitive banking services including personal banking, trade finance, treasury management, and structured trade and commodity finance which it offers to individual and corporate clients.

Tags: Fidelity BankUnion Bank UK

Related Posts

Business

Chinese Firms Invested Over $1.3bn in Nigeria’s Lithium Processing Projects – Alake

October 27, 2025
Business

China’s GDP Expands 5.2% In First Three Quarters of 2025

October 20, 2025
Business

China’s Industrial Output Up 6.5% In September

October 20, 2025
Business

China sees 888 million domestic trips during eight-day holiday

October 9, 2025
Business

Latest holiday spending pattern clear evidence of Chinese economy’s resilience, growth potential

October 9, 2025
Business

China to establish Africa’s first local insulin production facility in Nigeria

September 25, 2025
Next Post

Two things Nigeria needs to get back on right track – Peter Obi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Chinese Firm Not Involved In Shooting Of Immigration Officer – CGCCN

March 28, 2025

China Chamber of Commerce refutes media reports of alleged discrimination at Chinese Supermarket

April 22, 2024

FCT Schools win big at 2024 China-Nigeria Cultural Fiesta & Dancing Competition

November 7, 2024

China’s Independent Policy Of Peace And Friendly Cooperation

October 25, 2022

New Chinese Corner Inaugurated at FCT School

October 29, 2024

EDITOR'S PICK

“Mind What You Are Preaching” – Paul Okoye Warns Brymo Over A Post Against The Igbos.

January 11, 2023

The hottest style from the streets of Lagos

November 11, 2022

China R&D investment doubles over five years

August 14, 2023

BREAKING: Court Sentences Baba Ijesha To 16 Years Imprisonment For Defiling Minor

July 14, 2022
Facebook Twitter Youtube Whatsapp

About

Nigeria Today is a platform dedicated to bringing you precise and accurate news and information about Nigeria.

Follow us

Categories

  • Africa
  • Art and life
  • Business
  • China
  • Culture
  • entertainment
  • Health
  • News
  • Nigeria
  • Opinion
  • Politics
  • POPULAR NEWS
  • Science
  • Sport
  • Tech
  • Travel
  • Uncategorized
  • Videos
  • World

Recent Posts

  • Stakeholders Renew Call for Stronger Government Action on Cancer
  • The One-China Principle and the UN Resolution 2758: Why they still matter for Nigeria and the world
  • Implementing the Global Governance Initiative for a Community with a Shared Future for Humanity
  • Chinese Firms Invested Over $1.3bn in Nigeria’s Lithium Processing Projects – Alake

© 2022 Nigeria-Today - News & Magazine

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Politics
  • World
  • Nigeria
  • Opinion
  • Sport
  • Culture

© 2022 Nigeria-Today - News & Magazine