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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Chinese plus-size influencer spreads body positivity through fashion
Surrounded by racks of colourful dresses and blazers in China's manufacturing hub of Guangzhou, plus-size clothing brand owner and influencer Amanda Yao is on a mission to promote body positivity.
Musk $55.8 bn Tesla pay deal again rejected by US judge
A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote.
Vietnam property tycoon on death row faces appeal verdict
A Vietnamese property tycoon sentenced to death for a multi-billion-dollar fraud will learn Tuesday whether her life will be spared, as an appeal court reaches its verdict on one of the biggest corruption cases in history.
US Fed officials see inflation fight as broadly on track
The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve officials said Monday, with one indicating support for another rate cut this month.
Venezuela's 'Pearl of the Caribbean' loses its luster
One of the five stars that used to adorn the facade of the Margarita hotel on the Venezuelan paradise island of the same name has fallen off. The hotel is abandoned, its peeling facade a symbol of the decline of an island once dubbed the "Pearl of the Caribbean" that has been robbed of its shine by a severe economic crisis.
French PM faces ouster as opposition vows no-confidence vote
France's Michel Barnier faced an abrupt end to his premiership Monday after key opposition parties said they would back a no-confidence motion against his government after only three months in power.
Stellantis says goodbye to 'performance psychopath' CEO
Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a dead end. "This is the end of the road for the strategy of cost cutting," said German car analyst Matthias Schmidt.
US unveils fresh export curbs targeting China's chip sector
The United States announced new export restrictions Monday taking aim at China's ability to make advanced semiconductors -- used in weapon systems and artificial intelligence -- as competition deepens between the world's two biggest economies.
Naira to finally gain massively against dollar as CBN commences FX matching system
There are several implications for all financial market segments that deal with forex from the adoption of the FX strategy, which was unveiled recently.
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