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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NNPC slashes petrol price in Lagos, Abuja, now N55 cheaper
The Nigerian National Petroleum Company Limited (NNPCL) and other marketers made adjustments to the petrol price at their filling stations in Lagos and Abuja.
Nigeria set to unlock 220 oil blocks for sale amid debt crisis and crude shortages
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to license 220 dormant oil blocks across Nigeria's offshore and onshore areas.
Swiss reel from 'horror scenario' after US tariff blow
Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a 39-percent tariff blow from President Donald Trump, sparking job fears in what businesses called a "horror scenario". "The horror scenario materializes," Swissmem, the association of the mechanical and electrical engineering industry, said in a statement.
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