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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- New tax law replaces reliefs with rent-based deductions, capped at N500k
- How the National Single Window transforms Nigerian commerce
- FG invites Nigerians to apply for N50k for their business, releases link
- CBN Injects $166m into forex markets as naira struggles, forward contracts slide
- Farmers name those responsible for rice selling above N80,00 per bag
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Greenland seeks to capitalise on 'last-chance tourism'
A frozen landscape with breathtaking views, Greenland wants to attract more tourists, but its remote location and fragile environment -- which make it a unique destination -- also pose challenges. Developing tourism in a fragile environment is a tricky balancing act.
Dealers quote new price for imported rice as FG delays duty-free import policy
The price of imported rise increased 144.77% as inflation bites harder in 2024, rising from N95,000 to N120,000 in September as FG delays duty-free import.
Saudi Aramco says quarterly profit drops 15% on low oil prices
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. But its profits dropped by a quarter last year because of lower oil prices and production cuts.
Greenland eyes tourism takeoff with new airport runway
A new runway at Greenland's Nuuk airport that can accommodate international flights is expected to lift the tourism sector, at the risk of inundating the Arctic island's infrastructure and fragile ecosystem.
Boeing union says approves contract, ending over 7-week strike
Striking workers at Boeing approved a new contract proposal on Monday, ending a more than seven-week stoppage that had cost the beleaguered aviation giant billions.
China's premier 'fully confident' of hitting growth targets
Chinese Premier Li Qiang said Tuesday he was "fully confident" the country would hit its economic goals this year, lauding recent stimulus measures and suggesting there was still room for more. On Tuesday Li suggested that officials still had room to manouevre when it came to further measures.
Asian markets swing ahead of toss-up US election
Asian markets fluctuated Tuesday as traders jockeyed for position a day before results from the US presidential election rolled in, with opinion polls showing the vote on a knife-edge as the two candidates wrapped up their campaigns.
Nigeria missing on top list as report ranks world's most powerful passport
Singapore, which provides visa-on-arrival access to 195 out of 227 locations, is ranked as the top passport destination in the world by Henley & Partners.
Music mastermind Quincy Jones dies aged 91
Quincy Jones, the impresario who dominated American music for decades and shaped the careers of stars including Michael Jackson, has died. From Frank Sinatra to Michael Jackson, jazz to hip-hop, Jones tracked the ever-fluctuating pulse of pop over his seven-decade-plus career -- most often manipulating the beat himself.
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