The Central Bank of Nigeria (CBN) on Tuesday announce say dem don approve one important financial support to help the proposed merger between Unity Bank Plc and Providus Bank Limited.

For one statement wey the acting Director of Corporate Communications, Hakama Sidi-Ali, release, the apex bank talk say the move na to strengthen the stability of the country’s financial system and prevent any potential systemic risks.

The statement add say the merger go depend on the financial support from CBN, and the money go help address Unity Bank’s total obligations to the Central Bank and other stakeholders.

CBN talk say dem dey committed to protect depositors’ interests and make sure say the banking sector dey function smoothly through proactive measures and strategic interventions.

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