On Thursday, a 2-year-old Titan Trust Bank (TTB) acquired an 89.39 percent stake in the 104-year old Union Bank of Nigeria Plc. Players have described the acquisition as a laudable achievement for the newly-established bank. Titan Trust operates as a commercial bank with national authorisation. “The bank was established on the 12th of December, 2018 and started operating fully as a commercial national bank after obtaining its National Banking license on the 26th of April, 2019,” a statement profiling the bank on its website reads. In 2019, the bank recorded a profit…
Read MoreMeet Real Titans Behind 2 Yr-Old TTB, New Owner of 104 Yr-Old Union Bank
