
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.
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.
US tariff negotiations with key trading partners have shifted into high gear as economies race to avoid steeper duties before an August 1 deadline. The twice-postponed deadline for duties to take effect is now Friday, August 1.
Dozens of economies including India, Canada and Mexico face threats of higher tariffs Friday if they fail to strike deals with Washington. - Global tariffs - US "reciprocal" tariffs -- imposed under legally contentious emergency powers -- are due to jump from 10 percent to various steeper levels for a list of dozens of economies come August 1, including South Korea, India and Taiwan.
Comic-Con fans pulled out their lightsabers Sunday to welcome "Star Wars" creator George Lucas to the prominent pop culture convention for the very first time. Comic-Con, which draws some 130,000 attendees, has become an important platform for movie studios and their stars to showcase the latest film and television offerings, especially those with a genre fan base.
EU chief Ursula von der Leyen clinched an agreement Sunday with US President Donald Trump to avoid crippling tariffs from hitting the bloc, with both leaders hailing a "good deal". Von der Leyen described the deal as a "framework" agreement.
The Central Bank of Nigeria reassures the public of the banking sector's stability amid misleading reports and urges reliance on official information.
"The Fantastic Four: First Steps," Disney's hotly anticipated reboot of the Marvel Comics superhero franchise, conquered the North American weekend box office, earning $118 million and sidelining "Superman," industry estimates showed Sunday. Superheroes are showing some swagger, and it's good news for the industry."
US President Donald Trump and EU chief Ursula von der Leyen prepared to meet Sunday in Scotland in a push to resolve a months-long transatlantic trade standoff that is going down to the wire. Early Sunday, ahead of his meeting with Von der Leyen, Trump was out again on the golf course, having spent most of Saturday playing at Turnberry amid tight security.
The newly enacted tax laws, which were signed by President Bola Tinubu, have exempted about 24 items from paying VAT, as the new laws become effective in 2026.
Chairman of the Dangote Group, Aliko Dangote, has resigned from Dangote Cement and handed over to Emmanuel Ikazoboh, a former Ecobank Group Chairman.
Economy
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