Veritas Capital Limited signed a share sale and purchase agreement to acquire 20.3% stake in Veritas Kapital Assurance Plc (NGSE:VERITASKAP) from Unity Bank Plc (NGSE:UNITYBNK) in March 2016. The transaction was approved by Securities and Exchange Commission in August 2016. The transaction was also approved by National Insurance Corporation of Nigeria.

Veritas Capital Limited completed the acquisition of 20.3% stake in Veritas Kapital Assurance Plc (NGSE:VERITASKAP) from Unity Bank Plc (NGSE:UNITYBNK) in the year ended on December 31, 2016.