Zenith Bank Plc has cleared the air that it has no binding offer to acquire any financial institution. The bank disclosed this in a statement it issued to the Nigerian Stock Exchange on Tuesday.

The statement signed by the Company Secretary of the bank, Michael Otu, read, “Zenith Bank notes certain recent internet and social media reports suggesting a proposed acquisition of Union Bank Plc by Zenith Bank. We hereby state categorically that Zenith Bank has not made any binding offer to acquire any financial institution.”

Source: https://nairametrics.com/2020/03/17/zenith-bank-clears-air-denies-binding-offer-to-acquire-any-bank/

No need to clear air, just acquire abeg

Okokobioko

There is an atom of truth in every rumor.

Nothing has been cleared