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FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

The Federal Deposit Insurance Corporation on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after t…

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business

Former Dallas Fed President Kaplan advocates for a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he'd be pushing for a half percentage point interest rate reduction at this week's Federal Reserve me…

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business

Nigeria to exploit $7 trillion global Halal market – Official

The Nigerian government will on Wednesday launch a comprehensive strategy to position the country as a leading player in the Halal economy. The proj…

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business

Lagos court dismisses shareholder’s suit over FBN Holdings’ conduct of annual general meetings

The Federal High Court of Nigeria, Lagos Judicial Division has dissolved a legal action filed by a minority shareholder of financial services group F…

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