TERRIFYING NEW DASHCAM FOOTAGE SHOWS MOMENT DOOMED NBC HELICOPTER FALLS OUT OF THE SKY. (PHOTO)

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Terrifying new dashcam footage shows moment doomed NBC helicopter falls out of the sky The terrifying moment an NBC helicopter fell out of the sky and plunged into the ground near where an SUV had slammed into a Metro bus was caught on dashcam. The video, obtained by KTLA, shows the helicopter descending, caught from afar on the vehicle camera of Yera Valencia. She said: “I downloaded the video of my dashcam. It’s a little dot on the video. It’s a crisp video and it just goes down.” She added: “God, it’s so close, it could have happened to anyone. My parents walk down the street.” The two back-to-back Tuesday night crashes resulted in five deaths — two involving the bus and SUV, and three as a result of the chopper going down, killing reporter Eliana Moreno, pilot George Marciniw and pedestrian Edy Gutierrez Mejia.
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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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