Category : Search result: Providus Bank merger


CBN Issues New Cash Directive to Banks for 2026

The Central Bank of Nigeria has directed commercial banks to guarantee steady cash flow in ATMs and branches nationwide. This follows a successful festive season with minimal scarcity.

Man Cries Out as N100k Bank Transfer Becomes N63k

A Nigerian man raises alarm after transferring N100,000 to his Zenith Bank account, only to find a balance of N63,000. The incident sparks online reactions and tax deduction theories. Read full details.

No Bank Shutdowns from CBN Recapitalisation - ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.

World Bank Approves $500m for Nigerian MSMEs

The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.

Mexican budget airlines Volaris and Viva agree to merge

Volaris and Viva, two leading Mexican low-cost carriers, have agreed to merge, pending 2026 regulatory approval. The deal aims to expand affordable air travel in Mexico amid industry turbulence. Read the full details.

Russian court fines Austrian bank Raiffeisen $400m

A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.

Coursera, Udemy Merge in $2.5B Online Learning Deal

Coursera and Udemy are merging in a $2.5 billion all-stock deal to create a massive online learning platform, expanding access to AI and tech courses worldwide. Learn what this means for Nigerian learners and professionals.

Warner Bros. rejects Paramount takeover, sticks with Netflix

Warner Bros. Discovery has officially rejected a hostile $108.4 billion bid from Paramount, stating its planned merger with Netflix offers superior value for shareholders. Get the full details on this major Hollywood power struggle.

Netflix Buys Warner Bros in $72bn Mega-Deal

Netflix has purchased Warner Bros Discovery's film and streaming assets for $72 billion. This historic deal combines iconic franchises like Harry Potter and DC with Netflix's global platform, potentially altering Hollywood forever. Discover the details an

Fast Ways to Block Your Union Bank Account

Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.

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