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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Investors hunt for BUA Cement, others as First Bank set to dispose of shares after Otudeko’s exit
The Nigerian Exchange Limited (NGX) has once again improved for the 22nd consecutive trading day as First Bank moves to dispose of shares after Otudeko’s exit.
German factory orders fall amid tariff, growth woes
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy struggles with prolonged domestic weakness and volatile US trade policy. Orders from abroad fell three percent, with a particularly heavy drop from countries outside the eurozone, while domestic orders increased slightly.
Landing cost soars: Petrol prices to surpass N1,000 as Dangote Refinery and crude oil costs spike
Petrol prices are expected to surpass N1,000 per litre if the current market dynamics continue, including the rise in landing costs and crude oil prices.
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