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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NBA approves $6.1bn sale of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed. "The NBA Board of Governors has unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm," the league said in a brief statement.
Striking Boeing defense workers turn to US Congress
Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.
Plastic pollution treaty talks in disarray
Attempts to secure a landmark treaty combating plastic pollution descended into disarray on the penultimate day of talks Wednesday as dozens of countries rejected the latest draft text, leaving the talks in limbo. With a day left to go, Vayas presented a new draft but the discussions quickly unravelled as the text was savaged from all quarters.
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