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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Germany sacks rail chief with train network in crisis
The German government sacked the embattled head of Deutsche Bahn on Thursday as it seeks to overhaul the ailing public rail network after years of criticism about deteriorating services. Once widely admired for its punctuality and efficiency, Germany's rail service has worsened dramatically in recent years owing to what critics say is chronic underinvestment.
‘Millions of Nigerians pay for darkness’: Analyst reacts to power sector receivership crisis
Policy analyst Lekan Olayiwola has warned that the 2025 receivership of Nigerian power firms risks turning electricity from a public good into a tradable asset.
Petrol price war heats up as depot owners slash rates to rival Dangote Refinery
Importers and depot operators are moving quickly to adjust their petrol prices following the downward adjustment by Dangote Refinery from N856 to N820.
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