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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Swiss gold refining sector hits US tariff mine
The first casualty of the imposition of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining after it emerged certain gold bars would face the levy. Gold bars produced in the Belgian city Antwerp face the 15-percent tariff applied to the European Union when imported into the United States.
CEO Allen Onyema discusses Air Peace’s Long-Term Plans and delayed IPO
Air Peace CEO Allen Onyema reveals the airline’s decision to delay going public in order to build a solid foundation and protect its philanthropic efforts.
Trump says court halt of tariffs would cause 'Great Depression'
US President Donald Trump warned Friday of cataclysmic consequences on the US economy if a court rules that his imposition of sweeping tariffs constitutes an illegal power grab. A lower court ruled against Trump in May, but the US Court of Appeals for the Federal Circuit put the ruling on hold as it considers the case.
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