UN Warns of Famine in Northern Nigeria
The UN warns 55 million in West and Central Africa face acute food insecurity, with 15,000 in Borno, Nigeria, one step from famine. Violence and aid cuts are to blame. Urgent funding is needed.
Category : Search result: WFP funding cuts
Nigerian States Groan Under Relentless Fibre Cut Attacks
New NCC data exposes a severe fibre cut crisis, with over 19,000 incidents in 8 months. Telecoms lose N27bn, disrupting banking, healthcare & security nationwide. Read the full report.
UN: 35 Million Nigerians Risk Severe Hunger by 2026
A UN report warns 35 million Nigerians could face severe hunger in 2026 due to insecurity and climate change. Urgent action is needed to secure farmlands and avert famine.
TEF Opens 2026 Applications for $5,000 Entrepreneurship Grant
The Tony Elumelu Foundation has opened applications for its 2026 Entrepreneurship Programme, offering $5,000 in non-refundable seed capital, training, and mentorship to African founders. Apply by March 1, 2026.
Nigeria Faces Crisis as US Slashes Aid, Pledges $2bn to UN
Nigeria loses billions in aid as US restructures humanitarian funding, pledging only $2bn to UN for 2026. Health and development programs face severe disruptions. Read the full impact.
Asian Markets Surge on Rate Cut Optimism, Tech Revival
Asian equities extended a global rally Tuesday, fueled by hopes for more US interest rate cuts and strong tech earnings. Gold and silver hit fresh records. Discover the key market movers.
Telefonica Cuts 5,500 Jobs in Spain
Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.
Asian Markets Rally on US Rate Cut Hopes, AI Worries Subside
Asian stock markets climbed Monday as US data fueled expectations for 2026 interest rate cuts. Tech stocks led gains while gold hit a record high. Get the full market analysis.
US Appeals Harvard Funding Ruling in Legal Battle
The Trump administration appeals a court order to release $2.7 billion in frozen research funds to Harvard University. Get the latest on this major legal and education funding battle.
Trump Appeals Order to Restore Harvard Funds
The Trump administration appeals a federal judge's decision to restore billions in funding to Harvard University. The legal battle continues over allegations of antisemitism and bias.
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
VW Stops Production at Historic German Factory
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
Gates: Aid Cuts Cause Rise in Child Mortality
Bill Gates warns that cuts in international aid by Western nations are causing a tragic increase in child deaths worldwide. Read the full report and its implications for global health.
UNICEF warns 1.8m child AIDS deaths by 2040
UNICEF projects 1.8 million child deaths from AIDS by 2040 due to funding cuts. 150,000 teens got HIV in 2024. Urgent action needed to scale up HIV services for children and mothers in Nigeria and beyond.
Mimiko Demands More Funding for Health, Education
Ex-Ondo Governor Olusegun Mimiko urges increased public spending on health and education, citing 40% child stunting. He calls for police decentralization and school meal reforms.
Asian markets pause as investors eye Fed rate cuts
Asian markets took a breather after a strong rally, with focus on upcoming US economic data and the high probability of a December interest rate cut by the Federal Reserve.
Allianz Cuts 1,800 Jobs in AI Shift
German insurance giant Allianz signals major job cuts affecting call centers across Europe due to AI adoption. Up to 1,800 positions at risk as automation handles daily claims.
35 Million Nigerians Face Severe Hunger Due to Insecurity
UN warns rising insecurity in Northern Nigeria could push 35 million into severe hunger during 2026 lean season. WFP emergency resources deplete by December without urgent funding.
Belgium's 3-Day National Strike Over Austerity
Belgium faces major disruptions as unions launch a three-day national strike protesting government spending cuts and labour reforms. Schools, transport, and airports will be severely affected.
DBN Hosts Women Investment Readiness Accelerator Event
Development Bank of Nigeria hosts WIRA Demo Day on November 21, showcasing women-led businesses to investors. Program addresses funding gaps for female entrepreneurs in competitive markets.
Health Coalition Warns of Nigeria's Dwindling Health Sector
The Health Sector Reform Coalition raises alarm over Nigeria's underfunded health system, warning of disrupted immunisation and maternal care. Urgent action is needed to stop the 'Japa' syndrome.
ASUU Threatens Nationwide University Shutdown
ASUU warns of a total university shutdown if the Federal Government fails to meet its demands on welfare and funding within a one-month ultimatum. Read the full details.
ASUU rejects FG's proposed salary increment
ASUU's Benin Zone rejects Federal Government's proposed salary increase, calling it insufficient to reverse brain drain in Nigerian universities. Read the full details.
Nigerian Students Can Apply for ₦50m Venture Grant
Federal Government launches Student Venture Capital Grant portal offering up to ₦50 million equity-free funding for student innovators. Apply now at svcg.education.go.ng
ASUU Seeks Moratorium Extension for State Varsities
ASUU urges FG to extend 7-year moratorium on new universities to states, warns of impending strike action if demands aren't met. Read full details.
BEA Scholars Face Hunger Abroad as FG Withholds Stipends
Nigerian BEA scholarship students abroad face starvation and homelessness due to 3-year stipend neglect. One scholar died in Morocco, prompting urgent parental intervention.
Africa Receives Only 2.3% of $2.4trn Clean Energy Funds
Global renewable investment hits $2.4 trillion but sub-Saharan Africa gets only $18 billion, raising concerns about energy transition inequality. Nigeria and oil-dependent economies face urgent need to adapt.
FG Opens N50m Student Venture Grant Portal
Federal Government launches Student Venture Capital Grant offering up to ₦50 million equity-free funding for STEMM students. Apply now for mentorship and business support.
Tinubu Calls for Sustainable Varsity Funding Models
President Tinubu urges sustainable funding for Nigerian universities at UI's 77th Foundation Day, emphasizing education as key to national development. Read more about the new initiatives.
ASUU Rejects FG's Paucity of Funds Claim
ASUU's Bauchi zone refutes Federal Government's claim of insufficient funds for universities, citing increased revenue. CONUA applauds release of third-party deductions while lamenting severe brain drain.
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