Category

Category: Business

Business

Just In: CBN Approves Merger Of Unity, Providus Banks

<div><img width="300" height="175" src="https://www.naijanews.com/wp-content/uploads/2024/03/Cardoso-CBN-300x175.jpg" class="attachment-medium size-medium wp-post-image" alt="CBN Governor, Yemi Cardoso" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/03/Cardoso-CBN-300x175.jpg 300w, https://www.naijanews.com/wp-content/uploads/2024/03/Cardoso-CBN.jpg 600w" sizes="(max-width: 300px) 100vw, 300px" /></div> <p>The Central Bank of Nigeria (CBN) has granted the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. Naija News reports that the apex bank made this known in a statement on Tuesday through its acting Director of Corporate Communications, Hakama Sidi-Ali. Sidi-Ali said the […]</p> <p>The post <a href="https://www.naijanews.com/2024/08/06/just-in-cbn-approves-merger-of-unity-providus-banks/">Just In: CBN Approves Merger Of Unity, Providus Banks</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>

mingooland · · 2 min read
Read more →
Business

Windfall Tax Could Overburden Nigerian Banks Amid CBN Recapitalisation Mandate, EFC Report Warns

<p>A report warns that Nigeria's proposed 70% windfall tax conflicts with CBN’s recapitalisation plans, risking further banking sector pain.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/windfall-tax-could-overburden-nigerian-banks-amid-cbn-recapitalisation-mandate-efc-report-warns/">Windfall Tax Could Overburden Nigerian Banks Amid CBN Recapitalisation Mandate, EFC Report Warns</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
Read more →
Business

Otedola, Elumelu’s Support For Windfall Tax Does Not Reflect Banks’ Collective Stance, Says Fidelity Bank Chairman Chike-Obi 

<p>Personal views by Otedola and Elumelu don't represent banks' collective position on windfall tax, Fidelity Bank Chairman Chike-Obi says.</p> <p>The post <a rel="nofollow" href="https://www.arise.tv/otedola-elumelus-support-for-windfall-tax-does-not-reflect-banks-collective-stance-says-fidelity-bank-chairman-chike-obi/">Otedola, Elumelu’s Support For Windfall Tax Does Not Reflect Banks’ Collective Stance, Says Fidelity Bank Chairman Chike-Obi </a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>

mingooland · · 4 min read
Read more →