A LIMPOPO MAN WHO STABBED HIS GIRLFRIEND TO DEATH IN FRONT OF HIS OWN MOTHER WILL SPEND THE NEXT 20 YEARS IN PRISON.(PHOTO).

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 A Limpopo man who stabbed his girlfriend to death in front of his own mother will spend the next 20 years in prison. The Polokwane High Court sentenced 48 year old Nathaniel Molatelo Mokgehle from Sekonye Village in the Botlokwa policing area for the murder of his girlfriend, 41 year old Mokgadi Julia Mohlaela. The court heard he chased her out of the house and continued stabbing her until she collapsed and died. Mokgehle also received six months for malicious damage to property. The sentence will run at the same time as the 20 year murder sentence. Evidence presented in court showed the victim had previously opened a malicious damage to property case against him. He was still attending court for that case when the murder happened. The attack happened on 08 June 2025 around 16:00 at his mother’s home in Sekonye Village. Mohlaela had gone there to speak with his mother about ending the relationship because of alleged abuse. During the confrontation, Mokgehle pulled out a knife and ...
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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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