A video allegedly featuring bandit leader Bello Turji surfaces, claiming responsibility for attacks in Sokoto and Zamfara, raising significant security concerns.
The CBN's new regulations limit market share for banks and fintechs in Nigeria's digital payments, enhancing competition and reshaping the PoS ecosystem.
Al-Qard al-Hassan, bombed by Israel over it's Hezbollah links, is a lifeline for mainly Muslim Shiite communities battling a years-long financial crisis that has locked Lebanese out of their bank deposits. Its beneficiaries are mainly Shiite Muslims, but in a country where a five-year economic crisis has forced many into desperation, Christians and Sunni Muslims have also turned to its services.
Nigeria's external reserves rose by $2.29 billion in three months, hitting $38.92 billion in October as diaspora inflow grows and oil prices rise globally.
A trial to determine whether Australian mining giant BHP is liable for one of Brazil's worst environmental disasters opened Monday in London, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of people. The Australian mining giant said the quality of river water contaminated by the fallout has returned to pre-disaster levels.
French drugmaker Sanofi's Monday confirmation that it plans to sell a controlling stake in its over-the-counter unit to a US investment fund sparked a new political backlash, stoked by fears the deal marks a loss of sovereignty over key medications.
Rights group Amnesty International published Monday a report that accused the Saudi Arabian franchise of French supermarket giant Carrefour of exploiting migrant workers.
Sanofi confirmed on Monday plans to sell a controlling stake in its over-the-counter unit to a US investment fund, after employment and investment guarantees relieved political controversy. The sale of a controlling 50-percent stake in Opella to CD&R values the maker of France's leading painkiller, Doliprane, at 16 billion euros ($17.4 billion), Sanofi said.
Asian markets swung Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit a record high on geopolitical concerns. The real interest rate in China is too high."
China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy. The country's top banks on Friday cut interest rates on yuan deposits for the second time this year in another potential boost to spending.
Australian mining giant BHP goes on trial on Monday over one of Brazil's worst environmental disasters, potentially triggering billions of dollars in compensation to be shared among hundreds of thousands of plaintiffs. The Australian mining giant said the quality of river water contaminated by the fallout has returned to pre-disaster levels.
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