DUTCH REFEREE ROB DIEPERINK DIES WEEKS AFTER REMOVAL FROM WORLD CUP OFFICIATING LIST. (PHOTO).

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 Dutch referee Rob Dieperink dies weeks after removal from World Cup officiating list Dutch referee Rob Dieperink has died at the age of 38, weeks after FIFA removed him from its list of officials for the World Cup. The Dutch Football Association (KNVB) confirmed his death in a statement, saying it was “shocked and deeply saddened” by the news. His cause of death has not been disclosed. Dieperink was arrested in April by the Metropolitan Police in the United Kingdom following a report of an alleged sexual assault involving a teenage boy in London. A Metropolitan Police spokesperson said officers responded on April 9 to a report of sexual assault at an address in Croydon and arrested a man in his 30s on suspicion of the offence. Police later said that after reviewing available evidence, including CCTV footage and digital devices, the investigation had concluded that “the evidential threshold had not been met” and no further action would be taken. Following the investigation, FIFA co...
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CBN APPROVES FINANCIAL ACCOMMODATION FOR UNITY BANK AND PROVIDUS BANK MERGER.(PHOTO).#PRESS RELEASE

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 Central Bank of Nigeria www.cbn.gov.ng


PRESS RELEASE


CBN Approves Financial Accommodation For Unity Bank and Providus Bank Merger


The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic move is designed to bolster the stability of Nigeria's financial system and avert potential systemic risks.


The merger is 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. 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. This arrangement is crucial for the financial health and operational stability of the post- merger organisation.


Furthermore, it is important to emphasise that no Nigerian bank currently faces a precarious situation comparable to that of Heritage Bank, which was recently liquidated. The CBN remains committed to safeguarding depositors' interests and ensuring the smooth functioning of the banking sector through proactive measures and strategic interventions.


The CBN's decision underscores its dedication to maintaining financial stability and promoting confidence in the banking system during this transformative period.


August 06, 2024


Sidi Ali, Hakama (Mrs.) Ag. Director, Corporate Communications

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