Author: sharma

  • TotalEnergies Nigeria Reports Q1 2025 Revenue Decline and Net Loss

    TotalEnergies Nigeria Reports Q1 2025 Revenue Decline and Net Loss

    Profit before tax plummeted by 93%, falling from ₦16.84 billion to ₦1.12 billion year-on-year. Despite these challenges, TotalEnergies Nigeria’s shareholders’ funds saw an uptick, rising from ₦59.09 billion in Q1 2024 to ₦61.38 billion in Q1 2025. The company’s share capital remained steady at ₦169.76 million.These results mirror broader trends within TotalEnergies SE, the parent company,…

  • Africa Seeks Legal Definition of Climate Justice

    Africa Seeks Legal Definition of Climate Justice

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    In a landmark initiative, African nations have petitioned the African Court on Human and Peoples’ Rights to provide an advisory opinion on the definition of climate justice. This request seeks to interpret how existing human rights obligations apply in the context of escalating climate change impacts across the continent. The petition underscores the disproportionate effects…

  • NCF DG Urges Nigerians to Prioritize Tree Planting

    NCF DG Urges Nigerians to Prioritize Tree Planting

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    Dr. Joseph Onoja, Director-General of the Nigerian Conservation Foundation (NCF), has called on Nigerians to channel resources typically spent on extravagant celebrations into tree planting initiatives to address the escalating climate crisis. He emphasized that intentional tree planting efforts can significantly mitigate the adverse effects of climate change. Highlighting the urgency of the situation, Dr.…

  • Global Crackdown Disrupts Pangolin and Ivory Trafficking Networks

    Global Crackdown Disrupts Pangolin and Ivory Trafficking Networks

    A recent report by the Wildlife Justice Commission (WJC) reveals a substantial decline in the trafficking of pangolin scales and ivory since 2020, attributing this trend to intensified global law enforcement efforts and the COVID-19 pandemic’s impact on international transport. The report, titled “Disruption and Disarray: An analysis of pangolin scale and ivory trafficking, 2015–2024,”…

  • Congo Basin Council Celebrates Forest Management Certification

    Congo Basin Council Celebrates Forest Management Certification

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    The Congo Basin Forest Partnership (CBFP) Council has celebrated a significant milestone in sustainable forest management, marking the certification of over 5 million hectares of forest within the Congo Basin region. This achievement underscores the commitment of Central African countries to responsible forestry practices and environmental conservation.The certification, recognized by international standards, reflects efforts to…

  • Grace Ike Advocates for Press Freedom and Better Conditions for Journalists on Workers’ Day

    Grace Ike Advocates for Press Freedom and Better Conditions for Journalists on Workers’ Day

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    As Nigerians join the rest of the world to mark International Workers’ Day, the Chairman of the Nigeria Union of Journalists (NUJ), Federal Capital Territory (FCT), Comrade Grace Ike, has praised the hard work and dedication of workers, while also calling for greater press freedom and better working conditions for journalists.In her May Day message,…

  • NNPC, Caverton, and Stena Bulk Forge Strategic Maritime Joint Venture

    NNPC, Caverton, and Stena Bulk Forge Strategic Maritime Joint Venture

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    – New JV aims to modernize Nigeria’s maritime logistics and enhance local content – Partnership to strengthen in-country revenue retention and global energy logistics – Initiative reflects President Tinubu’s vision for industry reforms and economic growth The Nigerian National Petroleum Company Limited (NNPC Ltd.), Caverton Offshore Support Group, and Swedish shipping firm Stena Bulk have…

  • Morocco Launches Emergency Water Programme to Tackle Climate Crisis

    Morocco Launches Emergency Water Programme to Tackle Climate Crisis

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    – Morocco invests $230m in mobile desalination to combat drought – New dams, desalination plants boost national water security – Revised water strategy responds to worsening climate impact Morocco has launched a large-scale emergency water programme in response to severe drought and climate change. The initiative, worth over $230 million, includes 203 mobile desalination and…

  • Osun State Honored for Climate Leadership, Hosts Workshop on Climate Finance

    Osun State Honored for Climate Leadership, Hosts Workshop on Climate Finance

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    – Osun State receives multiple awards for environmental sustainability efforts – Stakeholders convene in Ede to discuss climate finance and project development – Governor Adeleke emphasizes commitment to climate action and innovation Osun State has been recognized with multiple awards for its leadership in climate change action and environmental sustainability. The accolades were presented during…

  • Expert Urges Full Implementation of Petroleum Industry Act in Niger Delta

    Expert Urges Full Implementation of Petroleum Industry Act in Niger Delta

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    – Full enforcement of PIA essential for Niger Delta oil communities – Expert highlights PIA’s role in addressing environmental degradation – Call for transparency and accountability in PIA implementation Dr. Mike Uzoigwe, a natural resource governance expert, has called for the full implementation of the Petroleum Industry Act (PIA) to address the longstanding environmental and…