Femi Otedola raises his First HoldCo stake to 26% with an N18 billion purchase as shares soar to N150, marking a milestone in Nigerian banking with N6trn valuation.
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Canada changes work permit rules, introduces new requirements for Nigerians, other foreigners
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FG launches YOUTHCRED, opens Portal to give 500,000 Nigerian youths up to N2 million
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FG’s ₦50,000 grant for small businesses: Everything Nigerians need to know before applying
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How to apply for FG’s YOUTHCRED scheme: Key requirements, eligibility for ₦2m youth loan
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Naira gains as official, BDC exchange rate gap narrows below 2%, CBN says
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Venezuela's El Dorado, where gold is currency of the poor
In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay for groceries. El Dorado's residents have limited access to banking services.
Soft power: BTS fans rally behind Korean international adoptees
K-pop megaband BTS is back from military service, and their international fandom -- long known for its progressive activism -- is celebrating by rallying behind a cause: adoptees from South Korea. Almost all of BTS members have completed South Korea's mandatory military service, required of all men due to the country's military tensions with North Korea.
Oil prices jump after Trump's warning, stocks extend gains
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles. But prices edged back up after Trump took to social media calling for the evacuation of the Iranian capital, which is home to nearly 10 million people.
Yen slides ahead of Bank of Japan policy decision
The yen fell against the dollar ahead of a Bank of Japan decision Tuesday, with officials expected to hold interest rates steady but tweak their bond purchase policy.
Despite law, US TikTok ban likely to remain on hold
US President Donald Trump is widely expected to extend the Thursday deadline for TikTok to find a non-Chinese buyer or face a ban in the United States. Trump has repeatedly downplayed risks that TikTok is in danger, saying he remains confident of finding a buyer for the app's US business.
OpenAI wins $200 mn contract with US military
The US Department of Defense on Monday awarded OpenAI a $200 million contract to put generative artificial intelligence (AI) to work for the military.
G7 leaders urge Trump to ease off trade war
World leaders at the Group of Seven summit in Canada on Monday tried to push US President Donald Trump to back away from his punishing trade war that poses a risk to global economic stability. A source at the summit said that French President Emmanuel Macron urged the American leader to quickly end the trade conflict once and for all.
Expert predicts naira to US dollar rate as Israel-Iran conflict escalates
Earlier on monday, the IDF said it had identified missiles fired from Iran towards Israel. Amid the rising conflict, an expert has predicted the impact on the naira.
Naira reacts positively to Israeli-Iranian conflict, opens week strong against dollar
The Nigerian currency, the naira, opened the week strongly against the dollar, appreciating to N1,543 from N1,544 per dollar following the Middle East tension.
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