Nigeria, Sept. 27 -- Unity Bank's proposed business combination with Providus Bank has received the go-ahead of shareholders of the two financial institutions, Providus Bank said in a statement on Friday.

The merger was approved at an extraordinary general meeting (EGM) on Friday, conducted following an order by the Federal High Court of Lagos, dated 17 July 2025.

"The nod to go ahead by the boards and shareholders of the two institutions signifies a moment of national significance for Nigeria's banking industry-one that reflects resilience, foresight, and collective responsibility," the statement said.

"This historic transaction is not simply about numbers; it is about confidence in the Nigeria financial system. By combining Providus ...