
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.
The National Bureau of Statistics (NBS) has announced that Nigerians paid more to travel across the country and also with the states amid high petrol prices.
US shoppers are out in force for "Black Friday," but inflation nerves have left them jittery, analysts say, prompting retailers in the world's biggest economy to come up with ever more deals. The so-called "Black Friday" discounts day originated as a single day when shoppers poured -- sometimes stampeded -- into malls in search of incredible deals.
Ngozi Okonjo-Iweala, reappointed on Friday as head of the World Trade Organization, hinged her leadership on breaking logjams at the sclerotic institution through craft, dynamism and sheer force of personality. "Ngozi brings a huge amount of personal authority, credibility and capability to what's a challenging and difficult role," Britain's trade minister Douglas Alexander told AFP last month.
World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules. The organisation's 166 members "today agreed to give incumbent Ngozi Okonjo-Iweala a second term as director-general," the WTO said in a statement.
Japan's unpopular minority government approved on Friday an extra budget to help pay for a massive stimulus package after the ruling coalition's worst election result in 15 years. The extra budget approved by the cabinet is worth 13.9 trillion yen ($92 billion) and is expected to be approved in parliament by the end of the year.
Louise Haigh resigned as Britain's transport secretary on Friday after revelations that she pleaded guilty to a criminal offence before becoming a member of parliament. Her resignation is the first by a member of Prime Minister Keir Starmer's cabinet since his Labour party won power at a general election in July.
World Trade Organization chief Ngozi Okonjo-Iweala is expected to be reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules. Her term ends in August 2025, and the appointment process expected to lead to her next term had initially been scheduled to take months.
The Central Bank of Nigeria has promised banks a consistent flow of cash to alleviate shortages across the country as as cash scarcity hits Nigerian banks
The cost of refilling cooking has across the country increased again and the National Bureau of Statistics (NBS) has revealed states with highest, cheapest prices.
Economy
Load more