Nigeria, June 26 -- Providus Bank Limited and Unity Bank Plc have announced plans to commence operations as a single entity following the successful merger of the two financial institutions.

The development was disclosed in a statement posted on Providus Bank's official X handle on Friday.

The bank noted that the successful merger will position the institution to better serve customers, support businesses and contribute meaningfully to Nigeria's economic growth.

Their joint operation came after the Supreme Court, earlier in June, dismissed a suit challenging the merger between Providus Bank Limited and Unity Bank Plc, bringing an end to legal disputes over the consolidation of the two financial institutions.

The merger process began i...