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PT updates from COP28

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PT updates from COP28

The official, who is part of Nigeria's delegation to COP28 in Dubai, the United Arab Emirate, says the fund will help to alleviate sufferings of climate frontline communities in Nigeria.
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ANALYSIS: COP28: What to expect from climate summit in Dubai

Analysts have posited that the historic decision on Loss and Damage will enable the Parties to focus on delivering implementable response to the Global Stocktake and ensure significant progress is recorded.

COP28: Take climate investments as economic opportunities not as burden — Al-Jaber

Mr Al-Jaber says energy transition is the biggest economic opportunity since the first industrial revolution.

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COP28: Guterres calls for phasing out fossil fuels

"We cannot save a burning planet with a firehose of fossil fuels. We must accelerate a just, equitable transition to renewables," he told world leaders at the World Climate Action Summit that was held on Friday.

COP28: Nigeria suited to attract investments from climate funds — Okonjo-Iweala

Mrs Okonjo-Iweala said in her message that Nigeria needs to begin serious work on its Energy Transition Plan (ETP)

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Headlines

Nigerian community where tap water smells like gasoline


According to Baruwa community head Khalid Baruwa, the water contamination in Baruwa, Lagos, has caused many residents of the small community to relocate to neighbouring areas Read More

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UPDATED: CBN to place restrictions on accounts without NIN, BVN


"Post No Debit" refers to restrictions imposed by banks on specific accounts, preventing customers from making withdrawals, transfers, or any other debits from such accounts.

Tinubu presented "empty" boxes of 2024 budget to National Assembly – Lawmaker


The president, on Wednesday, presented a budget of N27.5 trillion for the 2024 fiscal year to the joint session of the National Assembly.

Senate asks FG to stop allocation of funds to LGs run by caretaker committees


The Senate noted that about 16 state governors are currently running local governments in their states without elected chairpersons and councillors.

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Tell us your opinion on this story and you may be featured in a follow up article.

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Most Recent Stories

Nigerian military troops kill over 180 terrorists, arrest 204 others – DHQ


The DHQ said the terrorists were killed in operations involving land and air interdictions across the theatres of operation in the last one week. Read More

COP28: Guterres calls for phasing out fossil fuels


"We cannot save a burning planet with a firehose of fossil fuels. We must accelerate a just, equitable transition to renewables," he told world leaders at the World Climate Action Summit that was held on Friday.

Nigerian billionaire rejects APC finance committee membership


According to the statement by Bua Group, the ruling party did not consult Mr Rabiu before including his name in the 34-member committee list.

UK government launches new climate, agriculture programme targeting 4 million Nigerians


The programme aims to support up to four million people, 50 percent of whom will be women.

Nigeria, Germany sign agreement to accelerate Siemens power project – Presidency


The PPI, formerly known as the Nigeria Electrification Roadmap Initiative, was the outcome of the visit of former German Chancellor Angela Merkel to Abuja in August 2018.

Annual Banking Report - Measuring Banks' Resilience

Videos

COP28: Nigeria suited to attract investments from climate funds — Okonjo-Iweala
Editorial cartoon of the day
Arts and Entertainment

Witness reveals how Visa allegedly flagged Naira Marley's credit card for fraud


Nigerian singer, Naira Marley, is standing trial on 11 counts of conspiracy and credit card fraud brought against him by the EFCC.

Spotify 2023 Wrapped: Asake is most streamed artiste in Nigeria


In this year's Spotify's wrapped, Asake's songs emerged as the top 10 most streamed tracks, with three of his hits – 'Lonely At The Top', '2: 30' and 'Amapaino'.

Opinion

Cuba: Where dedication to humanity is like religion, By Owei Lakemfa


In a show of the famous Cuban sense of humanism, President Miguel Diaz-Canel, on 17 November, met with the Palestinian students to express the solidarity of the Cuban people with them. Then on 23 November, draped in the black-and-white Palestinian keffiyeh, he led the Palestinian students and a huge mass of Cubans in a solidarity march across Havana, passing in front of the United States Embassy, demanding a ceasefire in the Israeli-Palestinian war.

Married not for love, By Funke Egbemode


Don't get it twisted, I love love but love is not enough to sustain any marriage. Ask any couple who has been married for 20 years or more. Even those who have been married for three years have serious tales to tell. When you get into the deep end of the marriage pool, what offers you a life jacket is not love. In fact, love can't swim. Love is feeble bodied, delicate. Love itself needs support and protection. That is why those who go into marriage with only love as a covering soon find themselves naked.

Promoted

The rise of Impact Investing: Wema Bank Green & Gender financing drive in focus


Impact investing relates to the more measurable initiatives, policies and procedures set in place to provide long-term solutions to the socio-economic inequalities that affect modern societies and economies.

Zamfara governor reiterates his administration's commitment to girl-child education


Mr Lawal made the pledge on Thursday when he attended an awareness lecture on gender-based violence, organised by the office of the Zamfara State First Lady.

Zenith Bank signs MoU with CFA institute to develop finance and investment professionals


The MoU is to promote efforts and activities that support the formation, training, and updating of human capital in finance and investment for the overall development of the Nigerian financial services sector.

Sports

Four matches to watch this weekend


Insurance need premium performance against Lobi, Postecoglou's injury-decimated Spurs need a miracle at the Etihad and Napoli await an Osimhen revival.

EXCLUSIVE: Our job is to create a football club people are proud of – Sporting Lagos board member


Mr Olatunji-David revealed the vision of Sporting Lagos is to create a football club that will make people proud and one that will give people a sense of community in Lagos and across Nigeria.

Health

Nigeria urged to explore other methods of financing PHCs


Participants said the existing funding mechanisms in the health sector cannot be adequate to address the problems already identified.

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