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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Air Canada flight attendants face new pressure to end strike
Canada's labor tribunal on Monday declared a strike by Air Canada's flight attendants illegal, a decision that could end a work stoppage which has cancelled travel for half a million people worldwide. Canada's national carrier, which flies directly to 180 cities domestically and abroad, said the strike had forced cancellations impacting 500,000 people.
CBN Injects $166m into forex markets as naira struggles, forward contracts slide
The Central Bank of Nigeria has injected $166 million into the foreign exchange market to stabilise the naira amid sliding forward contracts FX supply decline.
Singapore key exports slip in July as US shipments tumble 42.7 pct
Singapore's non-oil domestic exports slipped 4.6 percent in July from a year earlier, government data showed Monday, as shipments to the United States plunged by more than 40 percent.
Tourism deal puts one of Egypt's last wild shores at risk
In Egypt's Wadi al-Gemal, where swimmers share a glistening bay with sea turtles, a shadowy tourism deal is threatening one of the Red Sea's last wild shores. Hankorab sits inside Wadi al-Gemal National Park, declared a protected area in 2003.
Australian court fines Qantas US$59 million for illegal layoffs
An Australian court fined Qantas Aus$90 million (US$59 million) on Monday for illegally laying off 1,800 ground staff during the Covid-19 pandemic, ending a five-year legal battle over the workers' rights.
Games industry in search of new winning combo at Gamescom 2025
The global games industry gathers for the vast Gamescom trade fair in Cologne this week, with hopes that upcoming heavy-hitters like "GTA VI" can help the industry escape its doldrums. Last year's Gamescom drew almost 335,000 people to the Cologne exhibition centre, where studios lay on vast stands with consoles or PCs offering hands-on play with the latest releases.
Asia stocks up, oil down before Trump-Zelensky talks
Asian stocks were mostly higher Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders in Washington. Zelensky, who will be joined in Washington by European leaders, however called a US offer of security guarantees to Ukraine "historic".
Borno, Niger Lead states with highest inflation rates
The National Bureau of Statistics has provided a detailed breakdown of Nigeria’s Consumer Price Index (CPI), including food and all-items inflation rates.
Nigeria’s World Bank debt hits $18.2bn: Rising borrowing pushes per capita burden higher
Nigeria's debt to the World Bank's International Development Association (IDA) has risen to $18.2 billion in 2024, up from $16.5 billion in 2025.
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