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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FG moves to increase access to cooking gas as dealers release new price list for 5kg, 12.5kg
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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How the National Single Window transforms Nigerian commerce
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US govt protests import bans on 25 products by Nigerian govt, shares lists
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India's Modi dangles tax cuts as US tariffs loom
Economy Latest News
BUA, Dangote Cement, 28 others push NGX Market cap past N82 trillion as investors make gains
A total of 30 stocks performed impressively in the trading session, making investors richer at the end of the day. The major cement manufacturers topped the list.
Full lst:10 most affordable Nigerian states to Live In as inflation drops to 22.22 per cent
Nigeria's headline inflation has dropped from 22.97% in May to 22.22% in June, representing a 0.75 per cent decline, with some states recording low inflation.
North Korea bars foreign tourists from new seaside resort
North Korea has barred foreigners from a newly opened beach resort, the country's tourism administration said this week, just days after Russia's top diplomat visited the area. But following Lavrov's visit, the North's National Tourism Administration said "foreign tourists are temporarily not being accepted" without giving further details, in a statement posted on an official website this week.
China mulls economy-boosting measures to counter 'severe situation'
China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation". "We are still facing a very severe and complex situation.
Asian markets on course to end week on a positive note
Asian markets headed into the weekend on a broadly positive note Friday, as investors took up New York's latest record highs sparked by healthy US retail data and upbeat earnings from some of Wall Street's big names. "Cost-of-living concerns have dominated the campaign for this weekend's upper house election," wrote Stefan Angrick, head of Japan and frontier markets economics at Moody's Analytics.
Japan's SMEs ready to adapt to Trump tariffs
Small and medium-sized firms like Mitsuwa Electric that form the backbone of Japan's economy have weathered many storms over the decades, and company president Yuji Miyazaki is hopeful they will also withstand Donald Trump. With 100 employees, Mitsuwa Electric is not a household name.
California to sue Trump govt over axed high-speed rail funds
California will sue President Donald Trump's administration over its decision to cancel billions of dollars in federal funding for the construction of a long-delayed high-speed rail line, the state's governor said Thursday.
Brazil's Lula calls Trump's tariff threat 'unacceptable blackmail'
Brazilian President Luiz Inacio Lula da Silva on Thursday slammed Donald Trump's threat to impose 50 percent tariffs on Latin America's largest economy as "unacceptable blackmail." In his speech, leftist leader Lula slammed Brazilian politicians who back Trump's policies as "traitors to the homeland."
What to know about Trump's effort to oust Fed Chair Powell
US President Donald Trump this week escalated attacks on central bank chair Jerome Powell, suggesting he could be dismissed for "fraud" over his handling of a renovation project at the Federal Reserve's headquarters.
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