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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New tax law replaces reliefs with rent-based deductions, capped at N500k
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FG opens registration for free financial training on investing, forex trading, entrepreneurship
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Step-by-step guide to applying for FG’s Presidential Conditional Grant scheme, deadline in 6 days
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Australia joins countries suspending post to US
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How the National Single Window transforms Nigerian commerce
Economy Latest News
What we know so far about the EU-US trade deal
EU chief Ursula von der Leyen clinched an agreement Sunday with US President Donald Trump to avoid crippling tariffs from hitting the bloc, with both leaders hailing a "good deal". Von der Leyen described the deal as a "framework" agreement.
CBN opens up on safety of depositors’ funds in UBA, Access, other banks
The Central Bank of Nigeria reassures the public of the banking sector's stability amid misleading reports and urges reliance on official information.
'Fantastic Four' wins battle of heroes at N. America box office
"The Fantastic Four: First Steps," Disney's hotly anticipated reboot of the Marvel Comics superhero franchise, conquered the North American weekend box office, earning $118 million and sidelining "Superman," industry estimates showed Sunday. Superheroes are showing some swagger, and it's good news for the industry."
Trump, EU chief seek deal in transatlantic tariffs standoff
US President Donald Trump and EU chief Ursula von der Leyen prepared to meet Sunday in Scotland in a push to resolve a months-long transatlantic trade standoff that is going down to the wire. Early Sunday, ahead of his meeting with Von der Leyen, Trump was out again on the golf course, having spent most of Saturday playing at Turnberry amid tight security.
Full List: Nigerians to pay no VAT on Pads, diesel, land under new tax Act, 21 other items
The newly enacted tax laws, which were signed by President Bola Tinubu, have exempted about 24 items from paying VAT, as the new laws become effective in 2026.
Aliko Dangote steps down as Dangote Cement Chairman to focus on $20bn refinery
Chairman of the Dangote Group, Aliko Dangote, has resigned from Dangote Cement and handed over to Emmanuel Ikazoboh, a former Ecobank Group Chairman.
Humanoid robots embodiment of China's AI ambitions
Serving craft beer, playing mahjong, stacking shelves and boxing, the dozens of humanoid robots at Shanghai's World AI Conference (WAIC) this weekend were embodiments of China's growing AI prowess and ambition. Other droids, some dressed in working overalls or baseball caps, manned assembly lines, played curling with human opponents or sloppily served soft drinks from a dispenser.
Urgent need for 'global approach' on AI regulation: UN tech chief
The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top tech chief said this week, warning that fragmentation could deepen risks and inequalities. Without a concerted effort, there is a risk that AI will end up standing for "advancing inequalities", she warned, cautioning against deepening an already dire digital divide worldwide.
US Fed poised to hold off on rate cuts, defying Trump pressure
The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by President Donald Trump. When mulling changes to interest rates, the central bank -- which meets on Tuesday and Wednesday -- seeks a balance between reining in inflation and the health of the jobs market.
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