News

AICIS 2025: FG backs Africa-led sustainable climate, infrastructure development

DailyTimesNGR DailyTimesNGR 24 June 2025 0

By Ukpono Ukpong The federal government yesterday expressed strong support for an Africa-led approach to sustainable infrastructure and climate action ahead of the forthcoming Africa Infrastructure and Climate Change Summit (AICIS) 2025. This is as Nigerian government reaffirmed its commitment

Brands

Experts warn sugary drinks industry fuelling climate crisis

DailyTimesNGR DailyTimesNGR 17 June 2025 0

By Godwin Anyebe Health and climate experts have identified the sugar-sweetened beverages (SSB) industry as a major driver of the climate crisis, urging Nigeria to implement measures to curb their consumption in the interest of public health and the environment. Speaking recently at a webinar titled, “SSB and Climate Change: Climate Cost of Sugar-Sweetened Beverages,” […]

News

Reps pass Bill on climate change, oil spillage, others for second reading

DailyTimesNGR DailyTimesNGR 9 May 2025 0

By Msugh Ityokura A bill seeking to address critical issues such as climate change adaptation, drought, desertification, flooding, coastal erosion, dam failure, building collapse, oil spills, road accidents, fire, air crashes, boat mishaps among others has passed second reading in the House of Representatives The proposed legislation titled, “Bill for an Act to

News

Africa charts a resilient future, launches 2024 state of the climate in Africa report

DailyTimesNGR DailyTimesNGR 6 May 2025 0

By Dooyum Naadzenga The World Meteorological Organization (WMO), in collaboration with the United Nations Economic Commission for Africa (UNECA), the African Union Commission (AUC), and key regional and international partners, proudly announces the launch of the State of the Climate in Africa Report 2024. This important event will take place today at the UNECA Compound

News

FG Leverages Stockholm Junior Water Prize to Drive Youth-Led Climate Innovation

Ihesiulo Grace 27 March 2025 0

As Nigeria grapples with the escalating challenges of climate change and water resource management, the Federal Government has thrown its weight behind the 2025 Stockholm Junior Water Prize, seeing it as a critical platform to nurture youth-driven solutions for sustainable water use. Speaking at a press conference in Abuja, Senator Ibrahim Hassan Hadejia, Deputy Chief […]

News

Climate change: Nasarawa trains 200 SMEs on climate-smart practices

DailyTimesNGR DailyTimesNGR 21 February 2025 0

By Tom Okpe Nasarawa State Investment and Development Agency, NASIDA, is training 200 Small and Medium Enterprises, SMEs in the State on climate-smart practices, to mitigate the effect of climate change. Managing Director, NASIDA, Ibrahim Abdullahi, while declaring open the two-day business support and sensitisation workshop on climate-smart practices on Thursday in Lafia,

Money

Nigeria secures $4.93bn for climate projects, faces funding gap

DailyTimesNGR DailyTimesNGR 20 January 2025 0

BY MOTOLANI OSENI Nigeria received $4.93 billion for 828 climate-related projects between 2015 and 2021, according to a report by Connected Development (CODE), INKA Consult, and Oxfam International. The report, titled The State of Climate Finance in Nigeria, was unveiled during the launch of Oxfam’s 2025 Annual Davos Report on Inequality and the Climate Finance […]

News

Weather Innovation Package Launched As Global Partnership Channels More Than USD 1 Billion to Scale Up Weather Services For Farmers Across Asia, Latin America and Africa

Ihesiulo Grace 14 November 2024 0

At the ongoing COP29 World Leaders Climate Action Summit holding in Azerbaijan, the Agriculture Innovation Mechanism for Scale (AIM for Scale) unveiled its first-ever, groundbreaking Innovation Package, aimed at providing weather information to help farmers adapt to the impacts of climate change. A consortium of global partners (Global Partnership to Scale-Up Weather

Headlines

Nigeria pushes for solutions to climate change at CHOGM 2024

Ihesiulo Grace 28 October 2024 0

.Says it has suffered devastating impact of global disaster .Declares support for institutional reforms at Commonwealth Nigeria has called for urgent and aggressive measures to combat the catastrophic impact of climate change, emphasising that it is a global crisis that demands immediate action. It also restated its support for the preservation of democracy, the protection

Headlines

Climate finance by multilateral development banks hits record $125bn in 2023- Report

DailyTimesNGR DailyTimesNGR 23 September 2024 0

Multilateral development banks (MDBs) including the African Development Bank (AfDB) say their collective financing for climate action hit a record high of 125 billion dollars in 2023. The AfDB in a statement said this was part of the findings from the Joint MDBs report in 2023. The News Agency of Nigeria (NAN) reports that the […]

News

The National Council on Climate change has a new leadership, approved by President Tinubu

Ihesiulo Grace 9 June 2024 0

In accordance with his commitment to actualize Nigeria’s green industrial vision, boost investor confidence, and unlock sustainable economic value through various climate finance instruments, President Bola Tinubu has approved the appointment of Dr. Nkiruka Maduekwe as the Director-General/Chief Executive Officer of the National Council on Climate Change (NCCC) in

News

Reps C’ttee says Climate Change; threat to health, food security, biodiversity

DailyTimesNGR DailyTimesNGR 15 November 2023 0

By Tom Okpe The House of Representatives Committee on Climate Change has said the ugly trend of climate change, isn’t just a distance threat, but a present reality that affects every aspect of lives. The House Committee Chairman, Rep Chris Nkwonta, made this known inaugurating the Committee on Tuesday, at the National Assembly, Abuja. He […]

News

Why climate-swap debt is a bad idea

DailyTimesNGR DailyTimesNGR 15 October 2023 0

By Godwin Anyebe An article in Bloomberg estimates that the market for both public and private climate-swap deals is set to exceed $800 billion. In fact, the swaps are more popular than they’ve ever been, as large banks look to make more ESG-related deals and higher interest rates pressure emerging-market countries to, for instance, renegotiate […]

Capital Market

$3tr needed to address development goals, climate change

DailyTimesNGR DailyTimesNGR 25 September 2023 0

By Godwin Anyebe The International Monetary Fund (IMF) has said that developing economies and emerging markets, including Nigeria, would need a whopping $3 trillion every year for the next six years (2030) to address their development goals and the climate change obligations. It said that amount would be equivalent of about seven per cent of […]

Headlines

Climate change: A threat to business survival, Nigeria’s economic growth

DailyTimesNGR DailyTimesNGR 8 September 2023 0

By Godwin Anyebe Climate change affects everything: from geopolitics to economies to migration. It shapes cities, life expectancies and wine lists. In fact, The projections of a climate change-impacted future are not inevitable. Many of the problems and solutions are known to the world, and ongoing research continues to provide new ones. Experts believe that […]

Headlines

Nigeria, others need $500b to cushion impact of climate change -UN

Ihesiulo Grace 6 September 2023 0

By Godwin Anyebe There are indications that Nigeria and other emerging African economies may benefit from a potential annual $500 billion fund to assist developing countries invest in their lives, livelihoods and infrastructure to reduce the impact of climate change in their countries. United Nations (UN) Secretary General, Antonio Guterres yesterday spoke on the proposed

Politics

Climate change: House urge FG to implement carbon credit scheme

Ihesiulo Grace 25 May 2023 0

By Tom Okpe The House of Representatives has called on the Federal Government to direct the National Council on Climate Change in collaboration with relevant ministries to immediately, implement impact of climate change in the country with a view to reduce the effect. The Carbon Credit is a policy where industries are encouraged to reduce […]

Headlines

FG seeks more foreign support for climate action in Nigeria

Ihesiulo Grace 22 February 2023 0

By Ukpono Ukpong The Federal Government has asked for more foreign support for climate action in Nigeria, saying it affects oil and gas, which is the mainstay of the country’s economy. Minister of Labour and Employment, Sen. Chris Ngige said this in his office at the inauguration of the Initiative for Climate Action Transparency (ICAT) […]

News

Between Emerging Markets and Climate Change

Ihesiulo Grace 12 February 2023 0

By Godwin Anyebe The devastating impact humanity is having on the planet is quickly passing the point of no return, and if decisive and quick action isn’t taken soon, it could reach a point where Planet Earth is uninhabitable in no distance time. The world can only hope that the UN’s damning report has prompted […]

News

Why emerging markets need billions in climate funding -Report

Ihesiulo Grace 6 November 2022 0

By Godwin Anyebe Demands from developing countries for richer nations to help them pay for the damage caused by climate change and fund the shift towards a low-carbon future look set to dominate the ongoing global climate talks in Egypt. Despite repeated calls for more help, actual financing offered to date has come nowhere near […]