green economy
12 Nov
As the world grapples with the mounting effects of climate change, banks are uniquely positioned to drive the green economy. However, for financial institutions to lead in financing sustainable projects effectively, they must prioritize training their professionals on green finance. A new training initiative by sustainability-focused experts Greenbuilt.ng an initiative by Constructability Limited will be…
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9 mins ago
This is indeed not the best of times for Nigeria's economic managers, as international rating agencies, rather than applaud their efforts, have continued to express loss of confidence in the state of the country’s economy. The latest vote of no confidence came from SBM Intelligence Africa Country Instability Risk Index which classified the country as…
14 mins ago
His neighbours have cats and dogs, but when 72-year-old Philippe Gillet settles down to watch television there is usually an alligator dozing beside him. His bungalow in western France is also home to a venomous Gabonese viper, a spitting cobra, a python, alligator turtles that can bite off a finger, tarantulas and scorpions. When someone…
25 mins ago
The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 nations pushed through the contentious finance pact in the early…
28 mins ago
Real Madrid chief Florentino Perez lashed out at various targets during the club's annual general meeting on Sunday including European and world football governing bodies UEFA and FIFA. The 77-year-old Los Blancos chief has been at war with football's rulers over the Super League project Madrid, Barcelona and other top European sides tried to launch…
30 mins ago
The United States Embassy and Consulate in Nigeria have revealed that there has been a seven percent increase in US foreign direct investment to Nigeria. The Consul General, United States Embassy and Consulate in Nigeria, Mr. Will Stevens, who spoke at the 2024 Women Enterprise Day organised by the Enterprise Development Centre of Pan-Atlantic University,…
48 mins ago
A Magistrate Court 1 sitting in Calabar, Cross River State, has remanded Adamu Umaru, 48, in custody for allegedly raping and impregnating his 15-year-old daughter. The respondent is a native of Bundugudu local government area of Zamfara State, residing at No. 27 Edem Odo Street, Calabar. Umaru was remanded by Chief Magistrate Mercy Ene on…
52 mins ago
Stakeholders in the rice sector have lamented the rising cost of the produce in spite of the Federal Government’s tax waiver. The stakeholders disclosed this in separate interviews with the News Agency of Nigeria (NAN) on Sunday in Lagos. NAN reports that the Federal Government temporarily waived import duties and Value Added Tax on rice…
56 mins ago
Justice Jude Dagat of the Federal High Court in Maiduguri has convicted and sentenced one Mpada Ishaku Dzarma to nine years imprisonment. EFCC announced in a statement on Sunday that Dzarma was convicted and sentenced on Monday, November 18, 2024. EFCC said Dzarma was first arraigned on May 4, 2024, on a two-count charge bordering…
1 hour ago
A recent research by Positive Technologies, a leader in result-driven cybersecurity, has revealed that over half of cyber attacks in Nigeria target government sector and financial companies. This was contained in the firm's analysis on the current cyber threats on the African continent for 2023–2024. According to the experts, these attacks are often carried out…
1 hour ago
The Nigerian Financial Intelligence Unit (NFIU) has announced that the Financial Action Task Force (FATF) has approved three additional grades in its anti-money laundering and counter-terrorism financing efforts, marking the fifth progress report since Nigeria was greylisted in February 2023. FATF, established in 1995, is the global body tasked with leading actions to combat money…