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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'Black Friday' deals target inflation-weary US consumers
The annual Black Friday shopping day has always been about finding the best deals, but this year retailers are preparing for a US consumer more zealously fixated than ever on getting value for their money. "They're becoming increasingly resourceful in their shopping behaviors, waiting to buy until (the) last moment of need, focusing on deals and then stocking up when they find them," he said.
Canada watchdog sues Google over 'anti-competitive' ad tech
Canada's competition watchdog announced Thursday it was taking Google to court, accusing the company of "anti-competitive behavior" in online advertising. France's competition watchdog fined Google 220 million euros in June 2021 for favoring its own services in the online advertising sector.
Biden slams Trump tariff threats as 'counterproductive'
President Joe Biden on Thursday warned against damaging relations with Canada and Mexico, after Donald Trump threatened to slap tariffs on both US neighbors when he takes office in January. Sheinbaum said Thursday that after her talks with Trump, "there is not going to be a potential tariff war."
Uber and Bolt unveil women-only service in Paris
Two rival ride-hailing platforms announced on Thursday options allowing Parisian women to order a car driven by a female driver in a bid to ensure "greater safety" for its customers. The change will ensure "greater safety" for its women customers, said Uber, with some 1,500 female drivers already available in Paris.
French cognac workers protest China bottling plan amid tariff threat
Hundreds of employees of French cognac maker Hennessy on Thursday staged a protest over potential measures to circumvent Chinese tariffs imposed in a spat with the European Union. Since October 11, China has required importers of European brandies -- of which cognac represents 95 percent of the total -- to submit a deposit or a bank guarantee letter with Chinese customs authorities.
Nigerian president woos French investment on state visit
President Bola Tinubu said on Thursday Nigeria is "open for business" as he embarked on a state visit to France, with Paris looking to boost ties in English-speaking Africa following a series of setbacks with former allies on the continent.
Contentious COP29 deal casts doubt over climate plans
A bitterly-fought climate finance deal reached at COP29 risks weakening emissions-cutting plans from developing countries, observers say, further raising the stakes for new national commitments due early next year.
FIRS Boss Zacch Adedeji calls for public support for govt policies
The chairman of the Federal Inland Revenue Service (FIRS), Zacck Adedeji, has stressed the need for Nigerians to support the economic policies of the government.
French farmers wall off public buildings in protest over regulations
French farmers blocked off entrances to two public buildings in Paris on Thursday in protest at "constraints" imposed by regulatory agencies, which they say result in lost production. Thursday's protesters -- led by the heavyweight FNSEA farmers' union -- say they are also feeling the sting of restrictions imposed by France's regulatory agencies on products like insecticides.
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