In a significant move towards sustainable practices, Fidelity Bank Plc announced its official endorsement of the UN Principles for Responsible Banking (PRB), aligning its operations with a unified framework aimed at fostering a sustainable banking industry. The collaboration, fostered by the United Nations Environment Programme Finance Initiative (UNEP FI), promotes a collective effort among banks Read More…
In a recent development, Mr. Temisan Omatseye, former President of the African Shipowners Association of Nigeria (ASAN), highlighted the importance of utilising the Deep Blue Project as the security framework for safeguarding anchorage areas within the Nigerian maritime sphere. Omatseye articulated this stance during the inaugural Maritime Reporters Association of Nigeria (MARAN) annual lecture held Read More…
A recent analysis by the ONE Campaign exposed significant discrepancies in climate finance commitments from developed nations, with almost two-thirds of the pledged $343 billion between 2013 and 2021 either unreported as disbursed or loosely linked to climate initiatives. Nigeria, facing a $4.5 billion shortfall, underscores the substantial deficit in pledged climate funds. According to Read More…
Singapore and Zurich emerged as the world’s most expensive cities this year, followed by Geneva, New York, and Hong Kong, as per the Economist Intelligence Unit (EIU), signalling ongoing challenges in the global cost-of-living landscape. Meanwhile, Lagos, Nigeria’s commercial hub, remains relatively affordable in the latest survey, ranking 125th out of 172 cities. The EIU’s Read More…
Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s dedication to harnessing technology for sustainable solutions to indigenous challenges. Speaking at the Endeavor Nigeria’s Annual Scale Up Entrepreneurship Summit in Victoria Island, the governor emphasized technology’s role in ensuring food security, efficient transportation, quality healthcare, and education. Sanwo-Olu highlighted the government’s initiatives, emphasizing the importance of infrastructure Read More…
During the Manufacturers Association of Nigeria (MAN) Ikeja Branch public lecture in Lagos, experts highlighted the pivotal role of collaboration in fostering a robust manufacturing ecosystem and propelling industrialisation in Nigeria. Dr. Paul Alaje, a Chief Economist, underscored collaboration as pivotal in advancing the country’s industrialization. He emphasised the need for a holistic approach to Read More…
Idris Dayo Mustapha aka Drizzle Lomo, a British-Nigerian singer, has pleaded guilty in New York for his involvement in a sophisticated hacking scheme spanning over seven years. This scheme targeted banks and brokerages, resulting in over $6 million in losses for customers. At a hearing presided over by U.S. District Judge Pamela Chen in Brooklyn, Read More…
Since Pope Francis’s influential 2015 encyclical on environmental stewardship, urging a departure from fossil fuels to combat climate change, hundreds of Catholic institutions worldwide have committed to divesting from oil, gas, and coal. However, despite this global trend, U.S. dioceses remain resolute in retaining their investments in fossil fuel assets. According to a Reuters review Read More…
The Lagos State Government, represented by its Consumer Protection Agency (LASCOPA), has officially declared Nagiko Tomato safe for consumption, dispelling concerns about its quality. According to Mr. Afolabi Solebo, the General Manager of LASCOPA, the product poses no health risks to the public. This affirmation contradicts assertions made by Mrs. Chioma Egodi on Facebook regarding Read More…
Mrs. Violet Williams, a maritime expert, launched her book titled ‘Some Career Opportunities in the Marine and Blue Economy Workplace’ with the aim of guiding students to explore the vast job prospects within the sector. The unveiling took place during the Ocean Ambassadors Foundation (OAF) fifth Educators and Maritime Stakeholders Lecture and Award, alongside the Read More…
