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☆ Nigeria and Germany sign $500 mln renewable energy and gas deal
▼ + stars: | 2023-11-21 | by ( Felix Onuah | ) www.reuters.com time to read: +3 min

Union Bank of Nigeria and Germany's DWS Group signed a memorandum of understanding (MoU) on renewable energy. The agreement seeks to harness $500 million in investment in renewable energy projects across Nigeria, mostly in rural communities, spokesperson Ajuri Ngelale said in a statement. A second MoU on gas export partnership was agreed between Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG. Under the accord, Nigeria will supply 850,000 tons of natural gas to Germany annually which is expected to rise to 1.2 million. Under Tinubu, Nigeria has embarked on the boldest reforms in decades, scrapping a popular petrol subsidy and lifting restrictions on foreign exchange trading.

Persons: Olaf Scholz, Bola Tinubu, Fabrizio Bensch, Ajuri Ngelale, Germany's Johannes, Ngelale, Tinubu, Elisha Bala, David Evans Organizations: REUTERS, Rights, Union Bank of Nigeria, Germany's DWS, Riverside, Germany's Johannes Schuetze Energy, AG, Africa, Thomson Locations: Africa, Berlin, Germany, Rights ABUJA, Nigeria, Riverside LNG, Tinubu

With the win, Germany is assured of no worse than its second-best finish in basketball’s top two international events — the World Cup and the Olympics. The Germans were third in the 2002 world championships, an event now called the World Cup, and have never placed better than seventh at an Olympics. Latvia — which has been without the injured Kristaps Porzingis — can still finish as high as fifth in its first World Cup appearance. Germany's in the semifinal of the World Cup,” Germany's Moritz Wagner said. I'm going to enjoy this and then I'm going to think about the USA tomorrow.”___AP NBA: https://apnews.com/hub/nba and AP sports: https://apnews.com/sports

Persons: Franz Wagner, ” Germany's Johannes Thiemann, Andreas Obst, Dennis Schroder, Arturs Zagars, Davis Bertans, ”, Bertans, —, Kristaps Porzingis, “, Gordie Herbert, They’ll, ” Germany's Moritz Wagner, ___ Organizations: —, Basketball, Germany —, Olympics, ”, Tuesday, Manila American Cemetery, Latvia, USA, NBA, AP Locations: MANILA, Philippines, — Germany, United States, Germany, Latvia, U.S, Abu Dhabi, basketball’s, Olympics, Italy, Europe, ” Germany, Manila, Germany's

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