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.
Business and Economy
Most viewed
Popular
- FG announces ₦100k interest-free loans for Nigerians and Traders under GEEP scheme
- First Bank announces new name, shareholders approve new identity
- Dangote Group announces 60 new job vacancies, SSCE, OND holders can apply
- First Bank, FCMB, 4 others seek N731 billion to meet CBN recapitalisation as deadline nears
- How the National Single Window transforms Nigerian commerce
Business and Economy Latest News
German gas drive fuels fears of climate backsliding
Germany's conservative-led government has launched a drive to rapidly build more gas-fired power plants, fuelling fears about climate policy backsliding and sparking unease even within its own ranks. The Climate Union, grouping CDU and other conservative politicians, has warned subsidies for new gas plants could push up power costs, the Handelsblatt financial daily reported.
India reels from US tariff hike threat
Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump's threatened tariff salvo against the world's most populous nation. Since Trump's tariff threats, Prime Minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a "peaceful resolution" to the conflict.
Chatbot Grok stirs confusion over suspension after Gaza claims
AI chatbot Grok on Tuesday offered conflicting explanations for its brief suspension from X after accusing Israel and the United States of committing "genocide" in Gaza, as it lashed out at owner Elon Musk for "censoring me."
Business and Economy
Load moreMoney
Money
Read moreTechnology
Technology
Read moreEnergy
Energy
Read moreEconomy
Economy
Read moreIndustry
Industry
Read moreMaritime
Maritime
Read moreCapital Market
Capital Market
Read more