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Tag:Banks

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17 banks join call for binding treaty to end use of fossil fuels

A group of 17 leading banks from the Global Alliance for Banking on Values (GABV) has endorsed the Fossil Fuel Non-Proliferation Treaty initiative. The...
Michael Simire -
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Banks have poured $3.8tr into fossil fuels since Paris Agreement, says report

In the five years since the Paris Agreement was adopted, 60 of the world’s largest banks have pumped over $3.8 trillion into the fossil...
Michael Simire -
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Banks urged not to finance Total’s East African crude oil pipeline

Some 263 community and not-for-profit organisations from around the world on Monday, March 1, 2021 urged the CEOs of 25 banks not to participate...
Michael Simire -
Business

Seven banks ordered to remit hidden funds to government

Justice Chuka Obiozor of the Federal High Court, Lagos on Wednesday, July 19, 2017 ordered seven commercial banks in the country to temporarily remit...
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Climate Change

Banks, UN seek to promote climate transparency in financial markets

Together with the UN Environment Finance Initiative (UNEP FI), 11 of the world’s leading banks announced on Tuesday, July 11, 2017 a commitment to...
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Sustainable Devpt

Banks, investors back sustainable finance under UNEP initiative

Nearly 20 leading global banks and investors, totaling $6.6 trillion in assets, on Monday, 30 January 2017 in Paris, France launched the Principles for...
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Oil & Gas

NUPRC warns public against fraudulent contract offers

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned the public against activities of fraudulent individuals who peddle contract...
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Oil & Gas

Alleged $25.5m debt: Court orders interim administration for Green Energy, Lekoil

A Federal High Court in Lagos has ordered an interim administration for Green Energy International Ltd. and Lekoil Oil...
Sustainable Devpt

Religious leaders, media executives seek ethical AI framework

Religious leaders have called for an inclusive and value-driven framework to regulate Artificial Intelligence (AI) development and deployment in...

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Oil & Gas

NUPRC warns public against fraudulent contract offers

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned...
Oil & Gas

Alleged $25.5m debt: Court orders interim administration for Green Energy, Lekoil

A Federal High Court in Lagos has ordered an...

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