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BREAKING: Nigeria’s Central Bank Approves Unity Bank, Providus Bank Merger

A statement by the CBN Acting Director, Corportae Communications, Mrs Sidi Ali Hakama on Tuesday, said, “This strategic move is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. The Central Bank of Nigeria (CBN) has granted approval for a financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. A statement by the CBN Acting Director, Corportae Communications, Mrs Sidi Ali Hakama on Tuesday,...

However, the organised labour insisted on N250,000. President Bola Tinubu on Thursday approved N70,000 as the new minimum wage for Nigerian workers.    This was announced by a presidential aide, Bayo Onanuga via a short statement he issued on X.    The statement reads: “Breaking: President Bola Tinubu has approved N70,000 minimum wage for Nigerian workers with promise to review the national minimum wage law every three years.   “President Tinubu also promised to find...

Gombe State Executive Council on Tuesday approved the spending of N43.13 billion for an ultra-modern governor’s residence, High Court and House of Assembly complex.   The council meeting, presided by the state governor, Muhammadu Yahaya, also approved the spending of N10 billion for the construction of roads in four local government areas of the state.   Tilde Mijiyanwa, the state information commissioner disclosed the resolutions of the State Executive Committee to journalists.   He said...