
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.
Even when Donald Trump wasn't in the room or even the main theme, the US president kept coming up again Wednesday at the gabfest of global elites in the Swiss resort of Davos. Here's a summary of what happened on Wednesday: - Trumpeting Trump - There were more reactions to Trump's remarks and threats.
Spain's Banco Sabadell approved Wednesday moving its headquarters back to Catalonia, the first major firm to do so after thousands left in the wake of the region's failed 2017 independence bid.
The National Bureau of Statistics (NBS) has revealed that following changes in fuel prices, the average cost of transportation fare paid by Nigerians has increased.
Argentina's President Javier Milei said Thursday he would be willing to leave the South American Mercosur bloc if necessary to secure a coveted trade agreement with the United States. The Argentinian leader and fan of US President Donald Trump has made it clear he wants a trade deal with the United States, although that could cause problems with other members.
Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there. The Stargate project is committed to invest an initial $100 billion in the project, and up to $500 billion over the next four years.
Spanish Prime Minister Pedro Sanchez on Wednesday proposed ending anonymity for social media users and forcing tech tycoons to provide accountability if their platforms "poison society". Regulators should be able to "force open the black box of social media algorithms" and "tycoons should be held responsible if their algorithms poison our society," Sanchez said.
Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said Wednesday as the consumer products giant reported solid earnings. Executives highlighted product launches including a whole-body deodorant spray and a new advanced power toothbrush as elements that would sustain sales growth.
The Central Bank of Nigeria (CBN) has launched a revised foreign Exchange FX code for authorised forex transactions to boost market transparency.
Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit. Melania Trump launched an $Melania coin the night before her husband was inaugurated as US president on Monday.
Economy
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