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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Oil industry presence surges at UN plastic talks: NGOs
Environmental NGOs are raising concerns about the growing presence of petrochemical industry lobbyists at talks to forge a global treaty to combat plastic pollution. - 'Here to listen' - The International Council of Chemical Associations (ICCA) confirmed they had 136 delegates at the talks representing the plastic, petrochemical and chemical manufacturing industries.
Brazil's Petrobras posts $4.7 bn second-quarter profit
Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering sharply from net losses in the same period last year, the company said Thursday. Petrobras reported a net profit of $6 billion in the first quarter, a 48.5 percent increase year on year.
Crypto group reportedly says it planned sex toy tosses at WNBA games
A cryptocurrency group has said it organized a spate of "stunts" in which sex toys were tossed on courts at WNBA games, US media reported on Thursday. USA Today reported that the meme coin group spokesman said that Delbert Carter, who was arrested for allegedly throwing a green sex toy on the court at the end of Atlanta's home game against Phoenix, was not part of the cryptocurrency group.
Tokyo soars on trade deal relief as Asian markets limp into weekend
Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their trade deal. Investors are now keeping tabs on talks between Washington and several other trading partners following the imposition Thursday of Trump's tariffs, with India and Switzerland scrabbling for a deal.
Israeli airline's Paris offices daubed with red paint, slogans
Red paint and slogans were daubed at the entry to the offices of national Israeli airline El Al in Paris, with Israel Thursday urging French authorities to take action over the "barbaric act".
Trump offers data to justify firing of labor stats chief
US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's commissioner of labor statistics to bolster his predecessor Joe Biden, presenting different figures in the wake of her firing. The revision infuriated Trump, who sacked commissioner of labor statistics Erika McEntarfer, who was confirmed in that role in January 2024.
Cost of cars, phones, and imports to Spike as Customs enforces 4% FOB levy
The Nigerian Customs Service (NCS) has reintroduced the controversial Free On Board Charges, prompting strong condemnation from stakeholders and importers.
OpenAI releases ChatGPT-5 as AI race accelerates
OpenAI on Thursday released a keenly awaited new generation of its hallmark ChatGPT, touting "significant" advancements in artificial intelligence capabilities, as a global race over the technology accelerates. "It is a significant step toward models that are really capable," he said.
Germany factory output falls to lowest since pandemic in 2020
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe's top economy even before US President Donald Trump's new tariffs kicked in.
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