- The Central Bank of Nigeria is ready to support the merger of two commercial banks, Providus Bank and Unity Bank
- The move is part of the apex bank’s efforts to enhance financial stability and efficiency in the banking sector
- The CBN did not disclose the amount of financial support it planned to give for the merger to happen
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends
The Central Bank of Nigeria (CBN) has granted approval for the merger between Providus Bank and Unity Bank.