For over 4 years, I’ve worked as a finance professional, more specifically as a Deals Advisory Consultant and here are the top 5 realities of the job.

This should encourage you and not discourage you.

A thread>>> 1. You need to be a strong thinker to thrive as a finance professional.

Clients regularly present complex requests and transactions, requiring you to think critically, analyse issues carefully, and apply sound judgment to develop effective solutions to their problems.

That’s how great finance professionals are built.

CBN aproves financial accommodation for Unity Bank and Providus Bank Merger.

What does this mean?

Permit me to explain this to you at no cost.

A thread>>>

https://twitter.com/cenbank/status/1820889309953847789

Let’s chew this in bits;

From the first paragraph - 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.

Before we delve deeper, let's refresh our understanding of the Central Bank of Nigeria's (CBN) role.

The CBN is the apex bank in Nigeria, meaning it is the bank for other banks. Thanks to my business studies classes, I recall my teacher often referring to it as the 'bank of banks.' As I grew older, I gained a better understanding of this concept.

To simplify it, think of the Central Bank as a parent and the other banks as its children.