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Originally published by Nation Business
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business
March 13, 2026
19h ago

Centum ends 25-year Sidian Bank investment with final stake sale

Centum ends 25-year Sidian Bank investment with final stake sale

Investment firm closes a chapter in Sidian Bank after a series of stake sales that followed the collapse of an earlier Access Bank deal...

✨ Key Highlights

Centum Investment Company has finalized the sale of its entire stake in Sidian Bank, concluding a 25-year investment relationship.

  • Centum held an effective 13.6 percent stake in Sidian Bank through its shareholding in Bakki Holdco Limited.
  • The divestment is part of Centum's strategy to strengthen liquidity and pursue new growth opportunities.
  • The deal concluded following the collapse of a previous agreement to sell the stake to Nigeria's Access Bank.

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