Wednesday , 17 December 2025

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Nigeria softens rules shielding banks from wireless rivals

Bloomberg Nigeria is preparing rules that will allow wireless carriers to transfer cash, softening a previous policy that protected the turf of banks in Africa’s most populous country. The central bank may have realised it can’t rely on lenders alone to achieve its objective of extending services to the 50 million adults still without a bank account in the nation …

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GE rallies after Apollo Global mulls bid for jet-leasing unit

Bloomberg General Electric Co jumped as a potential megadeal signalled to investors that the ailing manufacturer has another tool to climb out of its deep hole. Apollo Global Management LLC is working to line up financing to buy GE’s jet-leasing unit, which could be valued at as much as $40 billion, Bloomberg reported after the close of trading on January …

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Heathrow plans to add 25,000 flights

Bloomberg London’s Heathrow airport aims to boost capacity even before a new runway opens, employing measures including a rejigging of the way two existing landing strips are used to add 25,000 aircraft movements a year at Europe’s busiest hub. The project, revealed on Tuesday as part of a consultation process on the 16 billion-pound ($20 billion) third runway, may stir …

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