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City largely welcomes reports Healey will reverse cuts to cash Isa allowance in the budget – business live
business

City largely welcomes reports Healey will reverse cuts to cash Isa allowance in the budget – business live

Budget 2026: six charts that reveal the economic realities facing the chancellor Winston Ruddick, senior financial planner at financial services consultancy Broadstone, argues that protecting the £20,000 Cash ISA allowance is “welcome news for savers”. “Cash ISA subscriptions surged by £26.1 billion last year, more than four times the increase in Stocks & Shares ISAs, yet the Chancellor has chosen to reinforce the very savings culture that is holding Britain back.

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Budget 2026 live: chancellor says scrapping of gas standing charges will save 60% of homes £45 a year
business

Budget 2026 live: chancellor says scrapping of gas standing charges will save 60% of homes £45 a year

John Healey says UK faces ‘difficult moment’ as he prepares to deliver first budget of Andy Burnham’s government You be the chancellor: play our budget game to see if you can balance the books Good morning. Judging by all the briefing about what will be in the budget today, neoliberalism is probably safe for another year or so because Burnham and his chancellor, John Healey, have decided not to use this as a moment for big, transformative change, but to instead opt for a more low-risk, every-little-bit-helps fiscal statement.

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Dangote Refinery’s IPO closes with investors from 120 countries
business

Dangote Refinery’s IPO closes with investors from 120 countries

A Nigerian oil refinery owned by Africa’s richest man Aliko Dangote has closed the continent’s biggest initial public share offering, claiming to have raised funds from investors in 120 countries. The IPO for the Lagos-based Dangote Petroleum Refinery was initially due to close on October 13 but was extended by two weeks to allow more Africans to participate.

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BUA Cement donates ₦12m to families of eight Sokoto crash victims
business

BUA Cement donates ₦12m to families of eight Sokoto crash victims

By Musa Ubandawaki, Sokoto BUA Cement has donated ₦12 million to the families of eight people killed in a road accident along the Kajiji–Tambuwal road in Sokoto State. The company’s management visited the affected families in Tambuwal to deliver the assistance, accompanied by the District Head of Tambuwal, Alhaji Ahmad Dahiru, and the Chairman of Tambuwal Local Government Area, Hon.

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Petrol prices tipped to fall from Nov. 1 as diesel floor rises
business

Petrol prices tipped to fall from Nov. 1 as diesel floor rises

Petrol prices could fall at the pump from November 1, 2026, while diesel prices may rise marginally after the National Petroleum Authority (NPA) adjusts its price floors. Market data obtained by JoyBusiness indicates that the petrol price floor has been reduced from GH¢16.09 to GH¢15.39 per litre for the November 1–15 pricing window.

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Onion price jumps 900% to N300,000 in 6 months
business

Onion price jumps 900% to N300,000 in 6 months

In an interview with Vanguard AgroBiz, the National President of NOPPMAN, Aliyu Isah, said the price surge was not necessarily due to inadequate national production, but rather the loss of a significant proportion of harvested onions before the next production season. Isah said the Ministry of Agriculture had discussed support for the onion subsector with the Bank of Agriculture and the Nigerian Agricultural Development Fund (NADF), regarding seed supply and farm inputs.

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John Healey to end standing charges on gas bills for 23m homes
business

John Healey to end standing charges on gas bills for 23m homes

On budget day chancellor says he will ask Ofgem to remove ‘unfair and outdated’ fixed daily fee, and also reportedly looking to scrap it from electricity bills Business live – latest updates What to expect from the budget: who wins, who pays? John Healey will abolish standing charges on gas bills for 23m homes to help almost two-thirds of households an average of £45 a year, and will consider steps to remove standing charges on electricity bills in the future too.

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FG moves to secure farms, attract investors
business

FG moves to secure farms, attract investors

The Federal Government has moved to address insecurity threatening agricultural investments, signing a partnership agreement to develop security arrangements for farms and attract investors to multibillion-dollar soybean and sugarcane projects in Yobe and Jigawa states. The Ministry of Finance Incorporated (MOFI), Integranium Holdings and Defence Agricultural Assets and Projects Development Company (DAPCO), supported by Defence Holding Company Limited, signed a Memorandum of Understanding (MoU) in Abuja.

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Cooking gas supply rises 18% to 4.5m litres daily — NMDPRA
business

Cooking gas supply rises 18% to 4.5m litres daily — NMDPRA

By Ediri Ejoh Domestic supply of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, rose by 17.78 per cent year-on-year, YoY, to 4.5 million litres per day in September 2026, from 3.7 million litres per day in September 2025. Reacting, former National President of the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM, Mr. Oladapo Olatunbosun, attributed the increase to improved local production but called for sustained investment and government support to prevent shortages.

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What to expect from John Healey’s first budget: who wins, who pays?
business

What to expect from John Healey’s first budget: who wins, who pays?

Struggling households, new homebuyers and small shops stand to gain, while banks and online marketplaces could face higher levies You be the chancellor: play our budget game to see if you can balance the books John Healey will present his first budget on Wednesday, which will set the tone for Andy Burnham’s premiership. Despite the chancellor’s promises in the summer that the tax and spending event would not be beset by the leaks that preceded those of his predecessor, Rachel Reeves, both official and unofficial sources have indicated much of what Healey is likely to announce.

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FG kicks off $100m Southeast gas pipeline project
business

FG kicks off $100m Southeast gas pipeline project

Tinubu says S’East must rise from potential to reality …Mbah, governors hail Tinubu, pledge support for 400km pipeline The Federal Government, through the South East Development Commission (SEDC) has kicked off a $100 million gas distribution pipeline project to boost industrialisation, attract investments and create jobs in the South East. The President said the pipeline would benefit manufacturers in Aba, strengthen industrial clusters in Nnewi and Onitsha, attract productive enterprises to Enugu, expand agro-processing and manufacturing in Ebonyi and connect Imo’s gas resources to the…

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Safaricom confirms nationwide M-Pesa outage
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Safaricom confirms nationwide M-Pesa outage

NAIROBI, Kenya Oct 28 – Kenyans woke up to challenges accessing M-PESA on Wednesday morning, with users reporting difficulties completing mobile money transactions as Safaricom confirmed a system issue affecting the service. In a response to the complaints, Safaricom acknowledged the problem and said its technical team was working to restore normal service.

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Cenpower clears 600 tonnes of waste from Sega Beach
business

Cenpower clears 600 tonnes of waste from Sega Beach

Cenpower Generation Ltd says it removed 600 tonnes of waste from Sega Beach during the fourth edition of its annual KIPP Clean Project, highlighting the scale of shoreline pollution. The Director of Environmental Services at the Kpone Katamanso Municipal Assembly, Freeman George, commended Cenpower for maintaining the initiative.

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OWO 2026: The Or Foundation, Reggie Rockstone promote healthy living at Kantamanto
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OWO 2026: The Or Foundation, Reggie Rockstone promote healthy living at Kantamanto

The Or Foundation, Reggie Rockstone promote healthy living at Kantamanto. The Or Foundation, in collaboration with Ghanaian Hiplife legend Reggie Rockstone, has organised a four-kilometre health walk for traders at Kantamanto Market in Accra to promote physical fitness, encourage healthy lifestyles and raise awareness about preventive healthcare as part of activities to mark the fifth anniversary of the Obroni Wawu October (OWO) Festival.

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