Wednesday, December 3, 2025
26.7 C
Lagos

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

World Bank, Others Commit $1.3bn to Tackle Illegal Wildlife Trade in Africa

The Global Wildlife Program has released the first-ever review of international donor funding for combatting illegal wildlife trade in Africa and Asia, which shows that over $1.3 billion was committed by 24 international donors since 2010, or approximately $190 million per year.

While there is growing momentum from the international community to combat wildlife crime, reliable information on donor funding has been lacking. The Analysis of International Funding to Tackle Illegal Wildlife Trade fills this gap by showing the scale of funding by donors and the depth and breadth of activities to tackle the crisis.

“Wildlife crime robs countries of their natural assets and undermines sustainable and inclusive development,” said Laura Tuck, Vice President for Sustainable Development at the World Bank. “If we’re to tackle this effectively we need strong coordination of donor efforts and financing.”

Key findings of the report include:

  • A total of $1.3 billion was committed by 24 international donors between 2010 and June 2016, funding 1,105 projects in 60 different countries and various regional and global projects.
  • The top five donors were the Global Environment Facility (GEF), Germany, the United States, the European Commission, and the World Bank Group, who together contributed $1.1 billion of the total funding (86%).
  • Sixty-three percent of the funds went toward efforts in Africa ($833 million), 29% to Asia ($381 million), 6% to global programs and initiatives ($81 million), and 2% to projects covering both Africa and Asia ($35 million).
  • The top five recipient countries were Tanzania (8%), the Democratic Republic of Congo (5%), Mozambique (5%), Gabon (3%), and Bangladesh (3%).
  • Forty-six percent of the funding supported protected area management, while 19% went to law enforcement including intelligence-led operations and transnational coordination, 15% for sustainable use and alternative livelihoods, 8% for policy and legislation, 6% for research and assessment, and 6% for communication and awareness raising.

“Poaching and illegal wildlife trafficking are reaching unprecedented levels and while many efforts are underway to combat the problem, reliable information on donor funding has been lacking. The analysis fills an important gap in our understanding of the collective response. It will not only provide a better understanding and coordination of the contributions of the international community, it should ultimately assist those on the ground protecting the wildlife and the livelihoods of local communities,” said Naoko Ishii, CEO and Chairperson for the GEF.

Due to the cross-border and multi-dimensional nature of illegal wildlife trade, the development community must partner with stakeholders from multiple sectors and countries to reduce poaching, trafficking, and the demand for wildlife and wildlife products.

“We strongly believe that the findings and recommendations of this report will make a vital contribution to CITES Parties—be they donors, beneficiaries, or from range, transit, or destination states—in better connecting their efforts along the entire illicit trade chain to combat these serious and highly destructive crimes,” said John E. Scanlon, CITES Secretary-General.

Hot this week

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

Stanbic IBTC Bank Celebrates 70 Customers with ₦7m

Stanbic IBTC Bank continues to enhance the financial well-being...

Stanbic IBTC Asset Mgt Clinches Top Honour at Global Banking & Finance Awards

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC...

Stanbic IBTC Bank PMI: New Orders Rise Sharply as Inflationary Pressures Wane

The introduction of new products helped to boost customer...

Topics

U.S. Banks Plan $16.6bn Digital Transformation in 2015

Retail banks (including thrifts and credit unions) in the U.S. will spend nearly $16.6 billion on hardware, software, services, and internal IT staff in order to develop and implement digital transformation initiatives in 2015. And this spending on digital transformation will grow at an average CAGR of 10.4% into 2019, according to recent IDC Financial Insights spending models. This compares to an overall IT spend growth of 3.9% for U.S. banks. A new report from IDC Financial Insights, “The Cost of Digital Transformation in US Banking: The Critical Technology Investments in 2015 and Beyond,” outlines how much money is being invested by U.S. banks in digital transformation, where those investments are going, and where IDC Financial Insights believes the growth will be the strongest in digital transformation investment.

ZETA-WEB Nigeria Becomes Microsoft Authorized Education Partner

Zeta-Web Nigeria yesterday announced it has become a Microsoft...

Group Cautions Orjiako Against Destroying Seplat

   Ahead of its Quarterly State of The Nation Review...

NSE Wins Employer of Choice Award for 2nd Year …Oscar Onyema named 2016 HR Champion

The Nigerian Stock Exchange (NSE) is pleased to announce...

Execution of Oloibiri Museum Project to Commence as Promoters Hand over Site to Julius Berger

Officials of the Nigerian Content Development and Monitoring Board...

Stock Market Statistics: Wednesday, 15th February, 2017

Market Cap (N'bn)              ...

NCDMB Begins 2023 with Level 5 Platinum Ranking from FG Agency

Higher and higher soars the Nigerian Content Development and...

Zenith Leads with 41% in Banks’ N217m Print Advert Spend in Feb 2022

P+ Measurement Services, a PR Measurement and Evaluation Agency...
Exit mobile version