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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New tax law replaces reliefs with rent-based deductions, capped at N500k
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Naira strengthens as FX reserves hit $41.2bn: Fresh dollar inflows boost confidence
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Qantas says profits up, strong travel demand ahead
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US govt protests import bans on 25 products by Nigerian govt, shares lists
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US House passes landmark crypto measures in win for Trump
The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry. House legislators also readily passed the GENIUS Act, which codifies the use of stablecoins -- cryptocurrencies pegged to stable assets like the US dollar or US bonds.
Netflix profits surge off ads, higher subscription prices
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.
Netflix profits surge 45% off higher subscription prices
Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business. Netflix shares have surged approximately 40 percent year-to-date as investors have responded positively to the company's shift toward profitability.
US authorizes Juul to market vaping products
Juul Labs said Thursday that the US Food and Drug Administration had officially authorized the e-cigarette maker to market its vaping system and refill capsules in the United States. The FDA's action on Thursday "confirms that these products are now authorized to remain on the market," said a Juul spokesman. elm-jmb/sst
E-callup to resume at Lekki-Epe corridor as stakeholders agree to slash fees to N10,000
The Lekki-Epe corridor first implemented the e-callup system in September 2024, but after some protests, it was suspended because of the pricing.
Nigerians react as Anambra releases state's highest taxpayers to counter Peter Obi
Labour Party presidential candidate Peter Obi regarding SABMiller Breweries has been countered by Chukwuma Soludo led government on its tax payers claim.
Zuckerberg settles lawsuit over Cambridge Analytica scandal
Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal. The shareholders in the lawsuit alleged that the board members conspired to pay more to the US government in exchange for ensuring that Zuckerberg would not be named personally for wrongdoing in the settlement.
TikTok Germany moderators raise alarm over layoff plans
Content moderators at the German branch of social media giant TikTok sounded the alarm Thursday about what they say is a plan to replace them with artificial intelligence, potentially putting platform users at risk.
EU readies retaliatory list targeting US services
The EU executive is preparing a list of proposed restrictions on US services companies -- including tech giants -- should Brussels fail to strike a trade deal with Washington, European diplomats said on Thursday.
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