Getty Images
Business Climate Finance Finance

ONE Campaign exposes $343 billion climate finance gap; Nigeria left with $4.5 billion shortfall

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…

Getty Images/iStockphoto
Business Inflation Top Story

Significant price escalation witnessed across fuel types in October 2023, reports NBS

The National Bureau of Statistics (NBS) has released its comprehensive reports on fuel prices, revealing an alarming surge in October 2023 compared to previous years. The average retail price of petrol experienced a substantial upswing from N195.29 in October 2022 to a staggering N630.63 in the same month of 2023, marking a significant 222.92 per Read More…