One of Nigeria’s biggest banks, GTBank is restructuring to take on the fintech industry

There’s an ongoing consolidation in the Nigerian banking scene. Zenith Bank and Union Bank, two of the country’s biggest banks are reportedly having merger talks. First Bank, Nigeria’s oldest and biggest bank, is planning to acquire two smaller banks. But the most interesting move is coming from Guarantee Trust Bank (GTBank), another too big to fail bank.

GTBank wants to restructure…

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