Two banks holding national banking licences are reportedly in talks to merge as the recapitalisation deadline set by the Central Bank of Nigeria (CBN) nears.
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How the National Single Window transforms Nigerian commerce
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Farmers name those responsible for rice selling above N80,00 per bag
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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One dead, dozens injured in Pennsylvania steel plant explosions
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FG invites Nigerians to apply for N50k for their business, releases link
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After repeated explosions, new test for Musk's megarocket
Elon Musk's SpaceX announced Friday that its Starship megarocket is scheduled to blast off on a new test flight next weekend after recent attempts have ended in fiery explosions. During two test flights earlier this year, the rocket's upper stage -- which is the spacecraft intended to carry crew and cargo -- erupted in fiery cascades not long after launch.
Vietnamese rice grower helps tackle Cuba's food shortage
Outside Havana, a combine belonging to a private Vietnamese company is harvesting rice, directly farming Cuban land -- in a first -- to help address acute food shortages in the country. Vietnam has advised Cuba on rice cultivation in the past but this is the first time a private firm has done the farming itself.
Davos founder Schwab cleared of misconduct by WEF probe
An investigation conducted by the World Economic Forum's board on Friday cleared the body's founder Klaus Schwab and his wife of wrongdoing, after a probe into whistleblower complaints. "Following a thorough review of all facts, the Board has concluded that ... there is no evidence of material wrongdoing by Klaus Schwab," the board announced.
US retail sales rise amid limited consumer tariff hit so far
US retail sales rose moderately in July, according to data released Friday, as markets monitor tariffs that do not so far appear to have significantly battered consumers. Analysts described the report as solid, but some pointed to a greater risk of weakening in retail sales in the second half of 2025 following disappointing recent labor market data.
Nigeria's inflation rate drops to 21.88% in July, as rice, beans, other food items prices change
The National Bureau of Statistics (NBS) has revealed that Nigeria's inflation report for the fourth consecutive month has declined including food inflation.
Deadline looms to avert Air Canada strike
Air Canada faced a midnight deadline Friday to avert a flight attendants strike that would shut down service, creating summer travel chaos for the carrier's 130,000 daily passengers. Air Canada detailed its latest offer in a Thursday statement, specifying that under the terms a senior flight attendant would on average make CAN$87,000 ($65,000) by 2027.
Good news as prices for beans, garri, rice, yam, and other food items drop
The National Bureau of Statistics has released its inflation report, showing a drop in inflation figures alongside a decline in the prices of food items.
FG rolls out N10m interest-free loans for University, Polytechnic staff as part of empowerment drive
The Nigerian government has launched a massive empowerment scheme for lecturers and non-teaching staff of tertiary institutions, which allows them to get N10m loans.
World's first humanoid robot games begin in China
The world's first-ever humanoid robot games began Friday in Beijing, with over 500 androids alternating between jerky tumbles and glimpses of real power as they compete in events from the 100-metre hurdles to kung fu.
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