Letshego completes acquisition of Nigerian Bank

Spreading wings: Low
Spreading wings: Low

Letshego Holdings has completed the process to acquire a 100% stake in a commercial bank in Nigeria, FBN Microfinance Bank from its parent FBN Holdings plc. The move will bring their footprint to 10 countries covering southern, east and west Africa.

The move is part of Letshego’s strategy to spread wings in Africa and have anticipated Nigeria to be their key market.

According to Letshego’s group managing director, Chris Low this opportunity to enter the Nigerian market coincides with the expansion of range of financially inclusive products and services.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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