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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What's in the EU's two-trillion-euro budget bazooka?
EU members got their first chance on Friday to debate the bloc's two-trillion-euro budget bazooka, laying bare divisions among the 27 capitals over the spending plans for 2028-2034. At least 300 billion euros would be dedicated to support farmers in the next budget, but some funding would move to other spending columns.
Nigeria Customs reports revenue jump after implementing B’Odogwu for cargo clearance
Nigerian port roads are often gridlocked due to delays in cargo clearance, so the Customs Service introduced the B'Odogwu system to clear goods withiin 2 hours.
G20 nations agree central bank independence 'crucial'
The G20 nations stressed Friday that central banks must remain independent, after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell. "Central bank independence is crucial to achieving this goal," said the statement, a rare consensus also signed by the United States.
EU targets Russian oil in tough new Ukraine war sanctions
The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.
Indie game studios battle for piece of Switch 2 success
Players line up inside Nintendo's booth at a Japanese game fair to try upcoming Switch 2 titles, but, for once, the company's chirpy red-capped mascot Mario is nowhere to be seen.
Naira nears equal exchange rate at banks and black market as oil output surges
The official foreign exchange window and the parallel market have finally converged to less than N2 as the naira depreciated to N1,533.11 and N1,532, respectively.
BUA, Dangote Cement, 28 others push NGX Market cap past N82 trillion as investors make gains
A total of 30 stocks performed impressively in the trading session, making investors richer at the end of the day. The major cement manufacturers topped the list.
Full lst:10 most affordable Nigerian states to Live In as inflation drops to 22.22 per cent
Nigeria's headline inflation has dropped from 22.97% in May to 22.22% in June, representing a 0.75 per cent decline, with some states recording low inflation.
North Korea bars foreign tourists from new seaside resort
North Korea has barred foreigners from a newly opened beach resort, the country's tourism administration said this week, just days after Russia's top diplomat visited the area. But following Lavrov's visit, the North's National Tourism Administration said "foreign tourists are temporarily not being accepted" without giving further details, in a statement posted on an official website this week.
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