Tag: UN

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AI could impact 40% of jobs, deepen global inequality – UN

The United Nations Trade and Development agency has expressed concerns over automation and job displacement that could arise from Artificial intelligence. The agency projects that AI will reach a market value of $4.8 trillion by 2033, though its benefits are expected to remain concentrated in certain areas. In a report released on Thursday, UNCTAD noted […]

News

Developing nations slam UN’s $300bn climate deal as insufficient

Developing nations have criticized the UN’s $300 billion climate deal, claiming it falls short of what is needed. Representatives from developing nations have voiced their dissatisfaction with the UN climate agreement, which designates $300 billion each year to fight climate change. The agreement, which aims to support poorer countries in tackling climate change, was reached […]

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Africa secured $175bn greenfield projects in 2023 – Report 

African countries received $175 billion during greenfield project announcements in 2023. According to the United Nations Conference on Trade and Development’s 2024 World Investment Report, the number of greenfield projects launched in 2023 climbed by 7% to 830, up from 775 in 2022. However, the value of these projected projects fell to $175 billion from […]

Energy

UN agency, CNG partner on greener energy

The Presidential Compressed Natural Gas Initiative is collaborating with the United Nations Sustainable Energy for All to provide greener and more sustainable energy in Nigeria. According to The Punch, this was revealed in a statement made on Friday in Lagos by the PCNGI’s chief executive and program director, Michael Oluwagbemi. The workshop, according to the program director, […]

We will do more to protect Nigeria's borders - Shettima
Economy

Nigeria lost $7bn to flood in 2022 – Shettima

The Vice President of Nigeria, Kashim Shettima disclosed at the UN Framework Convention on Climate Change meeting in Abuja that the flood that hit Nigeria in 2022 cost the country’s infrastructure almost $7 billion in damages. Shettima, who was represented by Deputy Chief of Staff Ibrahim Hassan, also highlighted the unfortunate deaths of 600 people caused […]

UN, Canada host training for Nigerian women
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UN, Canada host training for Nigerian women

The United Nations Institute for Training and Research is seeking applications from female entrepreneurs, and business leaders, for the Entrepreneurship and Financial Literacy Training Programme for Advancing Gender Equality and Women Empowerment in 2023. According to Nairametrics, the United Nations Development Programme and the UNITAR Division for Prosperity / Hiroshima Office will work together to carry out this training, […]

UN recruits robots to meet
News

UN recruits robots to meet

Alex Omenye United Nations technology agency is hosting a summit in Switzerland this week, dozens of robots—including some humanoid ones—will take the front stage to demonstrate their ability to assist the organization achieve several increasingly impossible global goals. The U.N.’s 17 Sustainable Development Goals were established in 2015 to better human lives and the environment […]

How rising fuel cost affects fight against hunger - UN
featured

How rising fuel cost affects fight against hunger – UN

The United Nations has claimed that the fight against extreme hunger in Nigeria, particularly in Northern Nigeria, has escalated due to rising energy prices brought on by the removal of fuel subsidies. According to Nairametrics, the top UN humanitarian representative in Nigeria, Matthias Schmale, revealed this on Wednesday in Geneva. He disclosed that 4.3 million people in Nigeria’s […]

UN, WFP unveil $2.5bn plan to fight hunger in Nigeria
News

UN, WFP unveil $2.5bn plan to fight hunger in Nigeria

The United Nations World Food Programme has developed a $2.5 billion Country Strategic Plan to tackle rising hunger and malnutrition in Nigeria, Africa’s most populous country. Nairametrics reported that WFP Country Director, David Stevenson, revealed that regions in the North East, North West, and other chosen states are the focus of the initiative. In a joint press […]

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Africa’s growth rate to hit 3.4% in 2023 – UN

The United Nations reported that global growth in 2023 is likely to hit 3.4%, which is less severe than originally anticipated because of resilient household spending in rich nations and China’s economic recovery. Nairametrics reported that they announced that the global growth prediction has been revised upward by 0.4 percentage points from the January forecast. […]

United Nations Secretary
Business

UN urges rich nations to cut down emission

United Nations Secretary General, Antonio Guterres, has on Monday urged developed nations to cut down on emissions  stating that the “climate time bomb is ticking. ” According to Reuters, the plea was made after a new assessment from experts revealed that there was little time to lose in tackling climate change. The Secretary said, “The […]

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Business

UN agency projects 50% increase in Africa’s e-commerce

The United Nations Economic Commission for Africa has said that Africa’s  e-commerce is projected to increase by 50 percent by 2025 The Punch reported that the Acting Executive Secretary, UNECA, Mr Antonio Pedro, disclosed this at the opening of the 9th Session of the Africa Regional Forum on Sustainable Development in Niamey, Niger. He added […]