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
Nigeria targets 5 million homes with cooking gas in 5 years, rolls out free cylinders nationwide
The Nigerian government has rolled out free gas cylinder distribution nationwide, targeting about five million homes in the next five years to promote clean cooking.
China says trade jumped in July, beating forecasts
China's exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas shipments buoyed its struggling economy even as it navigated a shaky trade war truce with the United States. But the figures also showed that China's exports to the United States, its largest trading partner, continued to fall, sinking 6.1 percent from the previous month.
Higher US tariffs take effect on dozens of economies
Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald Trump's wide-ranging efforts to reshape global trade. - Devil in the details - The tariff order taking effect Thursday also leaves lingering questions for partners that have negotiated deals with Trump recently.
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