Among the latest beneficiaries are the University of Abuja where a 3.3MW solar farm has been set up with 6,000 panels to provide round-the-clock electricity supply.
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CBN releases new exchange rate as naira hits lowest in three weeks
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NCAA gives Kenya Airways 7 days ultimatum to refund three customers for violating their rights
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Google shares plunge after Apple executive's court testimony
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California leads lawsuit over Trump's EV charging funding change
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US safety officials slow operations at Newark airport after outage
Meta bans Russian state media outlets for 'interference'
Meta late Monday said it is banning Russian state media outlets from its apps around the world due to "foreign interference activity." Meta had previously banned the Federal News Agency in Russia to thwart foreign interference activities by the Russian Internet Research Agency.
Climate finance: what you need to know ahead of COP29
Developing countries will need trillions of dollars in the years ahead to deal with climate change -- but exactly how much is needed, and who is going to pay for it? - The Climate Policy Initiative, a nonprofit research group, estimates that $10 trillion per year in climate finance will be needed between 2030 and 2050.
Most Asian markets up ahead of Fed but Tokyo hit by strong yen
Most Asian markets rose Tuesday but Tokyo sank more than one percent as exporters were hit by a stronger yen with traders gearing up for a bumper US interest rate cut and a key Japanese central bank meeting. The strengthening yen -- which is up around 13 percent from the four-decade low hit in July -- hit the Nikkei 225 in Tokyo as exporters were sold off.
Chinese appliance maker Midea soars in Hong Kong after US$4 bn IPO
Shares in Chinese electronic appliance maker Midea surged more than nine percent on its Hong Kong debut Tuesday, having raised around US$4 billion in the city's biggest initial public offering for more than three years. The company's shares in Hong Kong were offered at a 20 percent discount compared to its stock price in Shenzhen, where it has been listed since 2013.
Boeing, union to resume talks as strike quiets Seattle plants
Negotiators from Boeing and the machinists union are scheduled to resume talks Tuesday after some 33,000 workers went on strike late last week. Workers late Thursday overwhelmingly rejected the deal and voted 96 percent to strike.
Intel delays Germany, Poland chip factories for two years
Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated. "We will pause our projects in Poland and Germany by approximately two years based on anticipated market demand," he added.
Good news for naira as IMTOs receive highest dollar inflow in 6 years
The changes implemented by the CBN have led to the highest level of dollar inflows into Nigeria via International Money Transfer Operators in at least six years.
Murdoch media empire succession drama plays out in US tribunal
A US tribunal began picking over the bitter spat between media magnate Rupert Murdoch and his children Monday in a case that could determine the fate of his empire, including the influential right-wing Fox News. Fox Corporation is the parent company of Fox News.
Access, Zenith, UBA, others rush to borrow N3 trillion from CBN after important adjustment to rate
According to a report by Afrinvest Research, in less than a week, Nigerian banks and discount stores borrowed N3trn under the Standing Lending Facility from the CBN.
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