Bloomberg After coming out all guns blazing, Nigeria’s central bank surrendered more ground in its tussle with MTN Group by giving a reprieve to one of the banks accused of illegally moving $8.1 billion out of the country. Standard Bank Group Ltd. said that the Central Bank of Nigeria won’t take more than $2.63 billion from the accounts of its ...

Bloomberg The UK warned that flights may be grounded if the European Union doesn’t grant reciprocal approvals to its planes and airlines in the case of a no-deal Brexit — a scenario it maintains remains unlikely, despite a recent setback in negotiations. Britain will continue to recognise European Aviation Safety Agency certifications for up to two years after March 29, ...

Bloomberg Sears Holdings Corp. is reviewing a proposal by Chief Executive Officer Eddie Lampert to keep the retailer alive by restructuring its debts and selling real estate. Plans outlined in regulatory filings include cutting debt by about 78 percent to $1.2 billion and extending near-term maturities, with annual interest savings of 80 percent. The proposal came from ESL Investments Inc., ...