The Central Bank of Nigeria (CBN) has thrown its support behind Providus Bank's acquisition of Unity Bank, a move aimed at safeguarding financial stability in northern Nigeria, according to reports. Sources close to the transaction have revealed that the CBN's decision was primarily driven by the critical role Unity Bank plays in providing banking services [...]The post Why CBN sanctioned Providus Bank takeover of Unity Bank appeared first on The Guardian Nigeria News - Nigeria and World News.
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