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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Luxury carmaker Lotus to slash UK jobs amid US tariffs
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Meet 10 African countries with the lowest debt to IMF in 2025, Nigeria missing
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Naira gains ground as forex supply rises, external reserves hit $41.2 billion
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How the National Single Window transforms Nigerian commerce
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What will Trump 2.0 mean for US tech?
What will Donald Trump's second stint in the White House mean for a US tech industry in the throes of an artificial intelligence frenzy? An early target of Trump's attention could be the executive order from President Joe Biden on regulating artificial intelligence.
Finally, FG gives reasons for frequent national grid collapse, takes action
The National Orientation Agency (NOA) has provided an explanation to the continue collapse of the national grid with the last one occurring twice in two days.
CBN hikes exchange rates for importers as dollar strengthens amid Donald Trump’s win
The Central Bank of Nigeria (CBN) has hiked the Customs exchange rates for cargo clearance in Nigeria's ports as the Nigerian currency, the naira fell.
Ex-banker and Scholz ally: Germany's new finance minister
Joerg Kukies, Germany's new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz's closest advisers, most recently as a state secretary. But in spite of the huge pay cut, he stayed -- and three years later, when Scholz became chancellor, switched to being an economic adviser in the chancellery.
German big business calls for early vote, economic vision
German big business groups demanded almost in unison Thursday that embattled Chancellor Olaf Scholz call elections soon to restore political stability in Europe's stuttering top economy. Hours after the world learnt that Donald Trump, a strong proponent of tariffs, is headed back to the White House, German Chancellor Olaf Scholz's ruling coalition imploded.
Waste heat from London sewers eyed to warm UK parliament
London landmarks including the UK parliament could be warmed by low-carbon heat powered by the River Thames, the London Underground train system and even the sewer network under new government plans.
Bank of England cuts interest rate as inflation slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers. Sweden's central bank slashed borrowing costs by 0.5 basis points Thursday -- its fourth this year and biggest reduction in a decade -- while Norway made no change.
French parliament approves bill to rein in tourist rentals
The French parliament on Thursday approved a bill aimed at tightening the regulation of tourist accommodation such as Airbnb to combat the shortage of affordable housing. The bill -- the result of a compromise between the two houses of French parliament -- had been unanimously approved by the upper house Senate on Tuesday.
Pharma giant AstraZeneca says China chief detained
Pharmaceutical giant AstraZeneca said Thursday that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug imports.
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