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CBN approves merger of two Nigerian banks, offers financial support

The Central Bank of Nigeria (CBN) has consented to the merger between Providus Bank and Unity Bank. This was made known in a statement signed by the acting Director, Corporate Communications, Hakama Sidi, on Tuesday, August 6, 2024. According to the apex bank, its action is in accordance with the provisions of Section 42 (2) of the CBN Act, 2007.... CLICK TO READ THE FULL NEWS HERE▶▶

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