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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- How the National Single Window transforms Nigerian commerce
- Farmers name those responsible for rice selling above N80,00 per bag
- New tax law replaces reliefs with rent-based deductions, capped at N500k
- FG invites Nigerians to apply for N50k for their business, releases link
- Tourism deal puts one of Egypt's last wild shores at risk
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Gen Z shift, high costs force UK nightclubs to reinvent
Is the party over? The capital remains an "exciting" city, 25-year-old Carys Bromley who recently moved to London from the island of Guernsey, told AFP. "There's a lot of parties, clubs, and a big nightlife.
Water shortages spell trouble on Turkey's tourist coast
Ali Alyanak and his neighbours in Turkey's tourist hub Izmir now have to draw water from a shrinking aquifer 170 metres underground even as hotel pools remain full -- a sign for many of the region's dire water crisis amid prolonged drought.
Dutch windmill village churned by overtourism debate
With its historic windmills and gabled wooden houses nestling by a meandering river, the picture-perfect and TikTok-famous area of Zaanse Schans is a must-see for any visitor to the Netherlands. Eventually, the "Zaanse Schans" site was famous enough to be officially "opened" by Queen Juliana in 1972.
Asian markets track Wall St rally on Fed rate cut bets
Stock markets rose Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald Trump's tariffs.
Boeing defense workers launch strike over contract dispute
Thousands of members of a union representing Boeing defense industry workers in the US states of Missouri and Illinois went on strike Monday after rejecting a contract proposal. It came hours after the union said in a statement that members at Boeing facilities in Missouri and Illinois had voted to reject a modified four-year labor agreement with Boeing.
Trump says to name new labor statistics chief this week
President Donald Trump said Monday that he would pick an "exceptional replacement" to his labor statistics chief, days after ordering her dismissal as a report showed weakness in the US jobs market. He added Monday: "I will pick an exceptional replacement."
Tesla approves $29 bn in shares to Musk as court case rumbles on
Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting the need to retain the controversial CEO at a moment of fierce competition for top talent. With that appeal dragging out, Monday's announcement marks an interim step while the company develops a "longer-term CEO compensation strategy," Tesla said in a letter to shareholders.
Stocks rebound on US rate cut bets
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the world's top economy. Markets reacted more favourably on Monday, as the slowdown boosted hopes of Fed rate cuts to support the economy.
Swiss eye 'more attractive' offer for Trump after tariff shock
Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that are expected to take effect this week. "Switzerland enters this new phase ready to present a more attractive offer, taking US concerns into account and seeking to ease the current tariff situation," the council said in a statement.
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