Author: Prima News

Key pointsG20 countries, responsible for around 80 per cent of global emissions, must lead the transitionClimate finance should reach $1.3 trillion a year by 2035, with at least $300 billion mobilized annually for developing countriesNew initiatives announced around power grids and critical minerals, alongside a renewed push on early warning systemsThe appeal came in the middle of High-Level Week at UN Headquarters in New York, where the UN Climate Summit 2026 brought together leaders from major economies, vulnerable countries and major energy producers – alongside consumers – to push for faster climate action and greater cooperation. “The world is crying…

In mid-September, Anthropic CEO Dario Amodei joined a growing group of researchers calling for the AI industry to slow down. While some have questioned these researchers’ motivation for voicing concerns about the rapid pace of development, the plea highlighted a key tension between safety and speed. The underlying problem is not simply a technical error, but a sociotechnical failure: Pressure to move quickly has made it hard for engineers to fully assess and manage new risks of increasingly powerful AI systems. It is a clear warning that responsible engineering requires more than technical expertise; engineers must also understand workplace pressures,…

The chairman of Fufore Local Government Area of Adamawa State, Yahya Saidu, has died in a hospital in Kaduna, less than three months after assuming office. The Adamawa State chapter of the Association of Local Governments of Nigeria expressed grief over his death in a statement on Saturday. The state ALGON chairman, Titus Obadiah, described Saidu as a dedicated leader whose service to Fufore and Adamawa State would be missed. “It is with a heavy heart and total submission to the will of Almighty God that I received the sad news of the passing of the executive chairman of Fufore…

By Dipo Olowookere The last trading session of this week on Customs Street ended on a positive note on Friday, as the bulls lifted the bourse by 0.18 per cent despite weak investor sentiment. During the trading day, 23 equities finished on the gainers’ chart, while 31 equities ended on the losers’ table, indicating a negative market breadth index. The gains were primarily driven by buying interest in three of the five sectors, while profit-taking was recorded in the financial services space, as the banking index was down by 0.95 per cent, and the insurance closed 0.71 per cent lower.…

The artificial intelligence (AI) boom has become a major driver of global merchandise trade, but its growing concentration in technology-related goods and investment exposes the global economy to financial risks if demand slows. The new insights are contained in the United Nations Conference on Trade and Development (UNCTAD) latest Trade and Development Report 2026. UNCTAD said global trade in goods and services grew by 4.4 per cent in real terms in 2025 and was projected to expand by about four per cent in 2026. However, the report said the growth rested on a narrow base, with AI-related goods, including chips…

Fitch Ratings, a leading provider of credit ratings, commentary and research for global capital markets, has revised the outlook on Nigeria’s long-term Issuer Default Ratings (IDR) to positive from stable, citing economic reforms that are yielding positive outcomes. The rating agency, in its rating action report issued on Friday and seen by PREMIUM TIMES, also affirmed the IDRs at ‘B’. An IDR is a forward-looking view by Fitch Ratings on an entity’s relative vulnerability to default on its financial obligations. ‘B’ ratings imply that a material default risk exists, while the capacity for continued payment is prone to deterioration in…

News » Premier League news » Chelsea newsOctober 10, 2026 12:33 GMT (UK), by Sri Aswin View Chelsea transfer targets Predicted Chelsea line-up vs Bournemouth Chelsea will be aiming to return to winning ways when they host Bournemouth in the Premier League this afternoon. The Blues won their first two games of the league campaign and have since picked up only one point from their next three matches.They need a strong response today and manager Xabi Alonso looks set to make several changes from the 3-0 loss to Brentford on the road.Formation: 3-4-2-1Predicted Line-up:Emiliano Martinez looks poised to start in goal for the Blues.In…

The report reveals that more than two in three people now endure “multidimensional poverty” or are at risk of falling into it, with over 37 million people – 68 per cent of the population – experiencing overlapping crises. ‘Everyone is losing’ “Myanmar may no longer dominate international headlines, but the hardships facing millions of people continue to deepen,” said Kanni Wignaraja, UNDP Regional Director for Asia and the Pacific. The UN continues to highlight multiple problems facing the people of Myanmar, which has been engulfed in civil war since the military seized power in February 2021. The country also faces macroeconomic instability, recurrent…

President Tinubu is set to kick off his second tenure campaign amid widespread hunger and insecurity across Nigeria. NewsOnline Nigeria reports that President Bola Tinubu is set to kick off his 2027 re-election campaign in Kaduna on October 24, 2026, amid persistent concerns over hunger, rising living costs and insecurity across Nigeria.The Director-General of the All Progressives Congress (APC) Presidential Campaign Council, Senator Abdulaziz Yari, disclosed this on Friday after briefing the President at the Aso Rock Presidential Villa in Abuja on preparations for the forthcoming campaign.Yari said the meeting focused on the council’s readiness, the campaign timetable and the President’s…

By Modupe Gbadeyanka A member of Standard Bank Group, Stanbic IBTC Holdings Plc, has championed equitable climate transition at the 2026 Sustainable Finance Summit, themed Financing a Just Transition: Mobilising Capital for People, Policy and Prosperity. At the event held at the Lagos Continental Hotel and streamed live on YouTube, the chief executive of Stanbic IBTC Holdings, Mr Chuma Nwokocha, explained that the programme was designed to move Nigeria’s sustainable finance conversation from dialogue to action by bringing together stakeholders capable of shaping the country’s sustainable finance ecosystem. He noted that sustainable finance has moved from the margins to the…