business news

Towards recognising women farmers
business

Towards recognising women farmers

Maharashtra’s passage of the Women Farmers’ Empowerment Bill, granting women independent recognition as farmers irrespective of land ownership, brings into focus the structural bias against the female agricultural workforce, highlights the need for a database of women farmers and using it to ensure access to welfare schemes

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Zenith Bank MD highlights health benefits as bank marks 21st anniversary with wellness walk
business

Zenith Bank MD highlights health benefits as bank marks 21st anniversary with wellness walk

The Managing Director and Chief Executive Officer of Zenith Bank (Ghana) Limited, Henry C. Onwuzurigbo, has highlighted the importance of physical fitness and employee wellness, describing the bank’s annual health walk as a key initiative for promoting healthy living and strengthening relationships with customers and stakeholders. Mr Onwuzurigbo made the remarks during the Zenith Health Walk and SME Fair organised as part of activities marking the bank’s 21st anniversary under the theme “21 Years of Excellence, A Future of Possibilities”.

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Trump boosted half of US coal plants with taxpayer dollars and ‘free passes to pollute’, report says
business

Trump boosted half of US coal plants with taxpayer dollars and ‘free passes to pollute’, report says

The Trump administration has given support to almost half of the nation’s coal plants, helping them to continue operating despite economic and regulatory headwinds, according to a new analysis by the Environmental Defense Fund. The analysis, which looked at the 184 operating coal plants that are connected to the grid, found that 90 received support from the Trump administration through “cash handouts, free passes to pollute, and requirements to stay online past their retirement dates”.

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ECG restores Clou Smart Prepayment Metering service
business

ECG restores Clou Smart Prepayment Metering service

The Electricity Company of Ghana (ECG) has announced the restoration of its Clou Smart Prepayment Metering System following a service disruption. In a notice issued on Saturday, October 31, 2026, the company said customers can now purchase electricity credits through the ECG PowerApp or at the nearest private prepayment vending station.

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business

Financial Trust seeks presidential intervention over liquidation of 2 banks

By Emeka Anaeto, Business Editor Financial Trust Group (FT Group) has appealed to President Bola Ahmed Tinubu to intervene in its 30-year dispute with the Nigeria Deposit Insurance Corporation (NDIC) over issues surrounding the accounting for assets realised from the liquidation of Financial Merchant Bank Limited and Republic Bank Limited, as well as the payment of any outstanding liquidation surpluses and dividends due to the estate of its late founder, Otunba Olufemi Ajayi. Financial Merchant Bank was taken over by the Central Bank of Nigeria (CBN) in January 1994 while Republic Bank was…

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Tinubu hails BusinessDay publisher Frank Aigbogun at 70
business

Tinubu hails BusinessDay publisher Frank Aigbogun at 70

President Bola Tinubu has congratulated the Publisher of BusinessDay newspaper, Frank Aigbogun, on his 70th birthday, praising his contributions to business journalism, economic reporting and national development. Tinubu said, “As a distinguished journalist and media entrepreneur, Aigbogun has contributed significantly to the growth of business journalism, economic reporting, and informed public discourse in Nigeria.”

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Petrol export duty cut to nil, diesel levy raised by ₹3 a litre
business

Petrol export duty cut to nil, diesel levy raised by ₹3 a litre

The government’s fortnightly review raised the export levy on diesel to ₹11.5 per litre from ₹8.5 and on aviation turbine fuel to ₹11 per litre from ₹10.5, while India’s diesel exports touched 700 kilo barrels per day in October, the highest since September 2025, according to Kpler

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UK PM ‘open’ to slavery apology but not reparations
business

UK PM ‘open’ to slavery apology but not reparations

Prime Minister Andy Burnham said Saturday he was “open” to the UK issuing a formal apology for its role in the transatlantic slave trade, but ruled out financial reparations. The Labour leader made the remarks days before attending a Commonwealth leaders summit in Antigua and Barbuda, as King Charles III tours the Caribbean.

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Railway engineering work over Christmas will cause 10 days of disruption
business

Railway engineering work over Christmas will cause 10 days of disruption

London Paddington and Birmingham New Street stations will shut for five days but most routes will stay open Passengers travelling on some of Great Britain’s busiest railway lines at Christmas have been warned of significant disruption from 10 days of engineering works. Work will close London’s Paddington station – affecting intercity trains to the west of England and Wales until January – as well as Birmingham New Street, the UK’s busiest station outside the capital, for five days over the holiday period.

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‘We were mortgage-free at 45, here’s how you can do it too’
business

‘We were mortgage-free at 45, here’s how you can do it too’

We look at the best ways to pay off your biggest debt early When Adrian Massey was made redundant from his job as a food developer in 2010, the bill that worried him the most was the mortgage. The couple had bought their six-bedroom home in Banbury, Oxfordshire, for £280,000 two years before he lost his job.

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Streeting says he began stockpiling food weeks ago amid rising threat to UK
business

Streeting says he began stockpiling food weeks ago amid rising threat to UK

The defence secretary, Wes Streeting, says he started stockpiling food and water weeks ago in case of a national emergency, as he talked up the threats to the UK and said his department had already begun ramping up its spending in response. Streeting spoke after the chancellor, John Healey, said he wanted defence spending to reach 3% of GDP by 2030 and 3.5% by 2035; having already asked Whitehall departments to find 1% cuts in their budgets for long-term investment to fund defence spending.

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OPay raises $304m in US IPO, valued at $4bn
business

OPay raises $304m in US IPO, valued at $4bn

SoftBank-backed Nigerian fintech company OPay has raised $304 million in its initial public offering (IPO) in the United States, securing a valuation of approximately $4 billion as it seeks to expand its presence in the growing digital financial services market. Founded in 2018, OPay provides digital financial services across emerging markets, including Nigeria and Indonesia.

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Sowunmi challenges Utomi over claim Obi will strengthen naira to N500/$1
business

Sowunmi challenges Utomi over claim Obi will strengthen naira to N500/$1

By Adegboyega Adeleye A chieftain of the Peoples Democratic Party (PDP) and member of the All Progressives Congress (APC) Presidential Campaign Council, Segun Sowunmi, has faulted Pat Utomi’s claim that Peter Obi could strengthen the naira to ₦500 per dollar if elected president. Sowunmi also disputed Utomi’s cement projection, saying a $10 bag would cost ₦5,000 at ₦500 to the dollar, not ₦2,000.

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Why politicians chasing economic growth is a lie
business

Why politicians chasing economic growth is a lie

On the latest episode, the rebel economists Karel Williams and Sukhdev Johal explain to Aditya Chakrabortty why they believe praying for growth is a fool’s dream – and why it won’t improve your life Aditya’s suggested reading list for Karel Williams and Sukhdev Johal: As we say in the podcast, I’ve championed the work of Karel and Sukhdev and their colleagues in the Guardian for many years, and some of my columns are a good introduction to their approach. The Guardian on YouTube: The Guardian ► www.youtube.com/@theguardian Guardian News ► www.youtube.com/@guardiannews Today in Focus ►…

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Drugs Giant AstraZeneca Reveals Higher Profits, Savings Plan
business

Drugs Giant AstraZeneca Reveals Higher Profits, Savings Plan

Following the updates, AstraZeneca’s share price jumped 3.1 percent on the London stock exchange, where the benchmark FTSE 100 index was up slightly overall. Alongside its blockbuster cancer drugs, AstraZeneca has also been developing a weight-loss treatment, given the popularity of GLP-1 drugs such as Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro.

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Budget 2026: how to beat the new savings tax rates
business

Budget 2026: how to beat the new savings tax rates

John Healey’s budget offered a ‘sting in the tail’ for savers by raising tax rates but there are ways to ease the pain Savers were both winners and losers in Wednesday’s budget. In his first outing as chancellor, John Healey dropped a plan to cut the cash Isa limit for under-65s but surprised everyone with an extra tax charge on savings and property income.

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Avanti West Coast paid out £20m in ‘delay repay’ passenger refunds this summer
business

Avanti West Coast paid out £20m in ‘delay repay’ passenger refunds this summer

Intercity train operator’s compensation bill likely to top £70m this financial year amid rise in claims across network Avanti West Coast paid out more than £20m to passengers in just three months this summer in refunds for disrupted journeys on Britain’s main intercity rail network. It repaid a further £12.2m in the subsequent eight weeks.

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