Category : Search result: European banks


EU Plans New Rules for Shein and Temu

The EU is overhauling consumer protection rules to tackle platforms like Shein and Temu over labour and competition concerns. A new draft law is expected next year.

German Rail Project Stuttgart 21 Faces New Delay

Germany's massive Stuttgart 21 rail project faces indefinite delays due to technical issues, with costs doubling to €11 billion. Discover the infrastructure challenges plaguing Europe's largest economy.

Zenith Bank to Acquire Paramount Bank in Kenya

Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.

Ukraine-Greece Energy Deal Boosts US LNG Imports

Ukraine secures vital US LNG imports through Greece's Trans-Balkan pipeline as EU plans Russian gas ban by 2027. Zelensky announces January deliveries amid ongoing energy security challenges.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

Germany Revives Military Service for Young Men

Germany's new military service plan requires all 18-year-old men to undergo medical screening from 2027. Learn how this affects Europe's security landscape and Nigeria's diaspora community.

German experts cut 2026 GDP forecast to 0.9%

German economic experts criticize the government's €500bn spending plan, warning it will provide only a minor boost to the struggling economy. They have cut the 2026 GDP growth forecast to 0.9%. Read more for the full analysis.

Google's €5.5B German AI Investment Plan

Google announces its largest-ever investment in Germany with €5.5 billion for data centers and AI infrastructure, creating 9,000 jobs annually by 2029.

Nigerian Bank Launches Advanced Device Security System

A leading Nigerian digital bank has unveiled a groundbreaking device verification system that promises to revolutionize customer security and protect against unauthorized account access in the growing fintech landscape.

First Bank Holdings Posts N450.9B Profit

First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.

Osimhen Nears Ronaldo's European Goal Record

Super Eagles striker Victor Osimhen is on the verge of breaking Cristiano Ronaldo's long-standing European goal record. Discover how the Napoli forward is rewriting football history.

UEFA Praises Osimhen After Champions League Hat-Trick

European football governing body UEFA has showered special recognition on Nigerian striker Victor Osimhen following his spectacular hat-trick performance against Galatasaray in the Champions League.

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