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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Nigerian Govt invites women business owners to apply for guaranteed loan, releases application link
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How the National Single Window transforms Nigerian commerce
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Dollar appreciates as naira dips to N1,457 amid decline in FX inflows
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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Chipmaker Nexperia says banned from exporting from China
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Shopping spree in Syria's former rebel heartland
Crowds of visitors wander brilliantly lit shopping aisles, stunned by the abundance of goods on offer in the heart of the former rebel stronghold in northwest Syria. He looked on at friends who had come to do their shopping in the former rebel bastion, where prices were up to three times lower than in the city.
New price of beans excites Nigerians as traders make adjustments
There is a sense of relief and excitement among Nigerians following the significant drop in the price of beans, which had been on the rise in recent months.
McKinsey to pay $650 mn to settle US criminal case on opioids
Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, worsening a public health crisis, officials announced Friday.
Staff at UK luxury store Harrods vote to strike
Hundreds of staff at London's luxury department store Harrods will walk out just days before Christmas, a union said Friday, in a row over pay and working conditions.
FIRS, security agencies synergise to boost revenue generation
The Federal Inland Revenue Service is seeking the collaboration of security agencies in Nigeria to boost tax collection and revenue generation nationwide.
UK, Italy, Japan to develop next-generation fighter jet
The UK, Italy and Japan on Friday launched a joint venture to develop a supersonic next-generation fighter jet by 2035, replacing the Eurofighter Typhoon.
Moldova declares emergency ahead of expected Russia gas cuts
Moldova's parliament approved Friday a 60-day state of emergency as an expected cut of Russian gas to the power station that supplies a majority of its electricity could trigger blackouts. That will cut supplies to Transnistria and its Cuciurgan power plant, which provides 70 percent of Moldova's electricity.
German central bank cuts growth forecasts as headwinds intensify
Germany's central bank on Friday sharply downgraded its growth forecasts for next year and 2026, predicting a prolonged period of weakness for Europe's biggest economy as it battles multiple headwinds. For 2026 it forecast growth of 0.8 percent, down from a 1.4 expansion expected previously.
UK's Royal Mail hit with fine by regulator over delivery delays
UK postal operator Royal Mail has been fined £10.5 million ($13.3 million) for delays in delivering mail for the 2023/2024 financial year, Britain's communications regulator Ofcom said Friday. Britain's communications regulator has previously proposed that Royal Mail cut delivery to five days a week, or even just three days, potentially saving the company hundreds of millions of pounds.
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