Monday, February 24, 2020

Off-Grid Solar Market Hits $1.7bn – Report

By Mathew Dadiya, Abuja The off-grid solar sector has been expanded into a $1.75 billion annual market, serving 420 million users over the past decade and continues to grow, according to a trend makers report. Off-grid solar solutions have played a pivotal role in extending energy access to millions of people, especially in Sub-Saharan Africa

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Central Bank of Nigeria CBN

IMF Urges CBN to Address Banking System Vulnerabilities

By Mathew Dadiya, Abuja An International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) redouble its action in dealing with the banking system vulnerabilities, commending the bank’s recent efforts at reducing legacy non-performing loans. The IMF noted that the introduction of risk-based minimum capital requirements by the CBN

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