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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Meet 10 African countries with the lowest debt to IMF in 2025, Nigeria missing
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Luxury carmaker Lotus to slash UK jobs amid US tariffs
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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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US Fed rate cut plans likely unchanged by Trump victory
The US Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of cooling inflation.
Ottawa to shut TikTok's Canada operations, says app can still be used
Ottawa said Wednesday it is shutting TikTok's operations in Canada following a security review, but Canadians will still be allowed to use the popular video sharing app. Canada banned TikTok from all government devices last year and launched a security review of the application.
'Drill, baby, drill': Trump policy poses risks, opportunities for oil industry
Donald Trump's election as US president brings back a champion of the oil industry to the White House, but experts warn that his push for low prices could be at odds with petroleum companies' priorities.
Fox News vindicated over early US election call once again
In the 2020 US presidential election, Fox News triggered controversy by calling the state of Arizona for Joe Biden days before competitor outlets deemed it safe to do so. The 2020 Arizona call against Trump had Fox News on the defensive, although they never backtracked and were ultimately vindicated.
Trump's win aided by a relentless focus on the cost of living
Donald Trump's US election victory was, at least in part, down to his success in pinning the blame for a post-pandemic inflationary surge on the Biden-Harris administration.
Trump mass deportation pledge faces legal, economic barriers
Donald Trump has pledged to launch -- on day one of his presidency -- the largest deportation operation of undocumented immigrants in US history. He said the first thing he expected to see happen under Trump, who made anti-immigrant rhetoric a central theme of his campaign against Vice President Kamala Harris, would be restrictions on legal immigration.
As Musk's big Trump bet pays off, US government faces 'hardcore' reform
Elon Musk, the world's richest man, is positioned to have sweeping powers in the second Trump administration as a deputy tasked with restructuring government operations using his aggressive approach to business.
Trump's climate denial and green rollbacks poised to fuel warming
Donald Trump's election victory puts a climate change denier back in the White House, poised to dismantle his predecessor's green policies and jeopardize global efforts to curb human-caused warming. "With a climate sceptic back in the White House, the pressure on the world, and especially on EU leadership, to act will intensify enormously."
FG begins N75bn single-digit interest rate loan to boost growth of 75,000 MSMEs
The Nigerian government, in collaboration with the Bank of Industry, has begun the disbursement of N75 billion, targeting 75,000 businesses nationwide.
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