Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPO

Fast-fashion retailer Shein won approval for its long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities Regulatory Commission (CSRC) website showed, clearing the way for a listing after failed attempts in New York and London. Shein, a fast-growing e-commerce giant, would be the highest-profile retailer to list in years, as many…

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Lagos enforces approval for solar panels on residents – P.M. News

News Rooftop Solar panels Quick Read The Ministry of Housing in Lagos State has stressed the need for residents of government-owned housing estates to obtain approval before installing solar panels in their homes. The Ministry of Housing in Lagos State has stressed the need for residents of government-owned housing estates to obtain approval before installing…

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FG’s 7-year ban on new tertiary institutions gets approval of stakeholders

By Funmilayo Adeyemi Stakeholders in the education sector have thrown their weight behind the Federal Government’s decision to place a moratorium on the establishment of new tertiary institutions. The federal government on Aug.13, announced a seven-year moratorium on the creation of new federal universities, polytechnics and colleges of education, citing under-enrolment, resource strain, and inefficiency…

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EXCLUSIVE: Ekiti Governor Oyebanji Exceeds Assembly’s Approval By N8Billion For Uncompleted Airport Inaugurated By Ex-Gov Fayemi; Spends N2.5Billion On Four Tractors

Ekiti State Governor, Biodun Oyebanji, approved over N9.4 billion between January and September 2024 for the construction of an airport in the state, a copy of the state budget performance report obtained by SaharaReporters has revealed.   The report was posted on the state government website, https://ekitistate.gov.ng/wp-content/uploads/2024/BPR_Q3.pdf.   The document shows that the Oyebanji’s administration…

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Subtle Medical receives Phase II funding approval to boost imaging technology

AI-powered medical imaging company Subtle Medical was awarded Phase II funding in a NIH small business innovation research (SBIR) grant to expand its SubtleSYNTH technology into brain imaging. The company received FDA approval for generating synthetic short tau inversion recovery (STIR) images (SynthSTIRs) from previously-acquired T1 and T2 weighted contrasts in spinal imaging.  According to…

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WELL Health receives approval for $44M digital project

WELL Health, a digital health company that integrates and updates clinical and digital assets, announced the approval of a $44 million project, Health Compass II, funded by the Canadian government and designed to continue enhancing AI and interoperability in healthcare. The initiative aims to streamline administrative tasks, enhance clinical decision-making and improve patient outcomes by…

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Thailand’s $13.5 billion household stimulus plan gets cabinet approval By Reuters

BANGKOK (Reuters) -Thailand’s 500 billion baht ($13.51 billion) “digital wallet” stimulus policy gained cabinet approval on Tuesday, Prime Minister Srettha Thavisin said, clearing another hurdle for the signature policy of the ruling Pheu Thai party. The handout would give 10,000 baht ($270.20) to 50 million Thais to be spent in their local communities over a…

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