Many banks are exploring talks about mergers in a bid to meet the recapitalisation target. Six banks are still left at the negotiation table talking to investors.
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Boeing evades MAX crash trial with last-minute settlement
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Dangote set to fund 8 road projects costing N900 billion, details emerge
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Trump says Mexico, EU to face 30% tariff from Aug 1
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Cooking Gas prices surge by 32.5% in one year, reach all-time high in 2025
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Traders lament as demand for rice remains low, even as prices crash by N22,000
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Cable theft in north France disrupts Eurostar traffic
The theft of cables along train tracks in northern France on Wednesday disrupted Eurostar trips between London and Paris for a second day in a row, the company and French railway operator said. The Eurostar website showed that six trips between London and Paris -- three in each direction -- were cancelled on Wednesday, while other trains were still expected to run.
Cambodians at quiet Thai border plead for peace
At the usually bustling border crossing of Poipet between Thailand and Cambodia, tuk-tuk driver San Noeun now has to work overnight to make ends meet. Thailand has all but closed the land crossings in seven border provinces as a territorial dispute with Cambodia that erupted into deadly military clashes last month festers.
MultiChoice slashes DStv decoder prices, offers free upgrades after losing millions of subscribers
The six-week long probation will give customers access to premium content at affordable prices, and allow new users get decoders at discounted prices.
Tesla sales skid in Europe in May despite EV rebound
Tesla sales sank again in Europe last month as rising competition and Elon Musk's ties to US President Donald Trump cut into demand despite a growing electric car market, industry figures showed on Wednesday. The drop in demand for Tesla cars has been linked to its ageing fleet, competition from European and Chinese rivals, and consumer distaste for Musk's work in the Trump administration.
UK carbon emissions cut by half since 1990: experts
The UK has cut its carbon emissions by 50.4 percent since 1990 levels, a group of experts tasked with advising the government said on Wednesday. We've cut them by over 50 percent since 1990," interim committee chair Piers Forster.
UK to reintroduce nuclear weapon-capable aircraft under NATO
Britain will reintroduce fighter jets capable of carrying atomic weapons to support NATO's nuclear mission, Prime Minister Keir Starmer's office said, as he prepares for a Nato summit Wednesday.
China's premier warns global trade tensions 'intensifying'
Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum. "Protectionist measures are significantly increasing and global economic and trade frictions are intensifying," Li added.
Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses
Most equities extended a global rally Wednesday after Iran and Israel agreed to a ceasefire that ended more than a week of hostilities, while the dollar struggled to recover from a sharp drop stoked by bets on a US interest rate cut.
FG announces 40% rise in revenue, but falls short of target
Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has revealed that the federal government's revenue has increased in 4 months.
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