Providus Bank Archives

Providus Bank Archives - JKCYNO BLOG

CBN approves merger for Two major Nigeria Bank

The Central Bank of Nigeria, CBN has approved the merger of Providus Bank and Unity Bank. The apex bank, in a statement signed by the acting Director, Corporate Communications, Hakama Sidi, on Tuesday, said the action is in accordance with the provisions of Section 42 (2) of the CBN Act, 2007. The development signals the

BREAKING : CBN sacks board of three Nigerian banks weeks after Emefiele probe

The Central Bank of Nigeria (CBN) has sacked the board of directors of three banks, Keystone Bank, Polaris Bank, and Union Bank, in a meeting at Abuja, the nation’s capital. A high-ranking CBN official confirmed the development to TechCabal. Per the CBN, the affected banks committed infractions ranging from “regulatory non-compliance to corporate governance failure.” The apex