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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Farmers name those responsible for rice selling above N80,00 per bag
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One dead, dozens injured in Pennsylvania steel plant explosions
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New tax law replaces reliefs with rent-based deductions, capped at N500k
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FG invites Nigerians to apply for N50k for their business, releases link
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Dollar falls at official window as Nigeria’s FX reserves near $40 billion after 21 inflows
The Nigerian currency, the naira, rebounded in the official foreign exchange market after a brief fall. The development comes as the FX reserves hit nearly $40bn.
Germany suspends arms exports to Israel for use in Gaza
Germany will halt the export of military equipment to Israel which could be used in the Gaza Strip, Chancellor Friedrich Merz said Friday, reacting to Israel's plan to take control of Gaza City. "Under these circumstances, the German government will not authorise any exports of military equipment that could be used in the Gaza Strip until further notice," he said in a statement.
Presidency lists economic achievements of Tinubu, rejects hunger, hardship claims
The presidency has listed the achievements of Bola Tinubu in direct response to a newspaper editorial that argued that the citizens are hungry and hopeless.
Governors on spending spree: 29 Nigerian states burn N80bn on travel while citizens groan
About 29 state governors spent close to N80 billion on domestic and international travels in six months, with the South-West governors leading the list.
Oil industry presence surges at UN plastic talks: NGOs
Environmental NGOs are raising concerns about the growing presence of petrochemical industry lobbyists at talks to forge a global treaty to combat plastic pollution. - 'Here to listen' - The International Council of Chemical Associations (ICCA) confirmed they had 136 delegates at the talks representing the plastic, petrochemical and chemical manufacturing industries.
Brazil's Petrobras posts $4.7 bn second-quarter profit
Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering sharply from net losses in the same period last year, the company said Thursday. Petrobras reported a net profit of $6 billion in the first quarter, a 48.5 percent increase year on year.
Crypto group reportedly says it planned sex toy tosses at WNBA games
A cryptocurrency group has said it organized a spate of "stunts" in which sex toys were tossed on courts at WNBA games, US media reported on Thursday. USA Today reported that the meme coin group spokesman said that Delbert Carter, who was arrested for allegedly throwing a green sex toy on the court at the end of Atlanta's home game against Phoenix, was not part of the cryptocurrency group.
Tokyo soars on trade deal relief as Asian markets limp into weekend
Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. Investors are now keeping tabs on talks between Washington and several other trading partners following the imposition Thursday of Trump's tariffs, with India and Switzerland scrabbling for a deal.
Israeli airline's Paris offices daubed with red paint, slogans
Red paint and slogans were daubed at the entry to the offices of national Israeli airline El Al in Paris, with Israel Thursday urging French authorities to take action over the "barbaric act".
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