CBN Infuses N700 Billion to Support Unity Bank and Providus Bank Merger
The package consists of a 20-year term loan specifically designed to support the post-merger stability of the new financial institution.
Tag: CBN Governor
CBN Governor, Cardoso Blames Rising Inflation on Previous Government’s N37trn Borrowing
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), recently highlighted the significant impact of the past government’s financial practices on the nation’s current economic challenges. Speaking at a CEO Forum in Lagos on Thursday, Cardoso attributed Nigeria’s rising inflation and high interest rates to the previous administration’s wasteful N27 trillion Ways and Means…
