blog

CBN provides support for proposed merger of 2 Nigerian banks

published on
According to a statement by CBN’s Acting Director, Corporate Communications Department, Hakama Sidi-Ali, this strategic move is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks. Sidi-Ali said that the merger was contingent upon the financial support from the CBN. “The fund will be instrumental in addressing Unity Bank’s total obligations to the Central Bank and other stakeholders. ADVERTISEMENT “It is unequivocal to state that the CBN’s action is in accordance with the provisions of Section 42 (2) of the CBN Act, 2007. Read More...

Famous Hong Kong People in History

published on
Famous Hong Kong People in History - On This Day List of Hong Kong People 1876-06-04 Clara Blandick [Clara Blanchard Dickey], American stage and screen character actress (Tom Sawyer; Huckleberry Finn; Wizard of Oz), born on board an American ship in Hong Kong (d. 1962) 1912-04-18 Wendy Barrie, British-American TV hostess (Wendy Barrie Show), born in British Hong Kong (d. 1978) 1921-11-25 Stanley Ho, Chinese casino tycoon who transformed Macao, born in Hong Kong (d. Read More...