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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Dollar appreciates as naira dips to N1,457 amid decline in FX inflows
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Nigerian Govt invites women business owners to apply for guaranteed loan, releases application link
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Customer Service Week: How FIRS boss Adedeji transformed tax Sservice, Nigerians feel the change
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How the National Single Window transforms Nigerian commerce
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Chipmaker Nexperia says banned from exporting from China
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Blown off course, turbine giant Orsted seeks second wind
Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects.
CBN slashes FX rates for Customs duty as naira trades at new rates in official, parallel markets
The Central Bank of Nigeria (CBN) has slashed the Customs duty rates for cargo clearance following the naira's rally in the official foreign exchange market.
Korean Air buys majority stake in rival Asiana Airlines
South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. The European Commission, the bloc's powerful antitrust authority, last year expressed concerns the takeover could restrict competition on routes between Europe and South Korea.
Australia to force tech titans to pay for news
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Australia wants big tech companies to compensate local publishers for sharing articles that drive traffic on their platforms.
Australia to force tech titans to pay for news shared on platforms
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Australia wants big tech companies to compensate local publishers for sharing news links that drive traffic to their platforms, an idea they have baulked at in the past.
Asian markets fluctuate after Wall St record; eyes on China
Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.
Amid weak eurozone and political turmoil, ECB to cut rates again
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.
Health insurers: the 800-pound gorilla in profit-driven US system
Last week's slaying of UnitedHealthcare executive Brian Thompson has brought renewed attention to the widespread dissatisfaction with the American health care system, even as prominent leaders have condemned the killing.
Lithium-rich Bolivia lags behind in race to mine key metal
In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal. - In South America, lithium lies in salt flats.
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