business
North Korea tells EU to 'mind its own business' on human rights
North Korea's UN mission has lashed out at the European Union over a draft UN resolution. Pyongyang has said the West does not have a monopoly on human rights.
business news
business
US midterm results a 'victory' for Canadians hopeful of tariff relief
With Canada-US trade talks back on, Tuesday’s midterm Democratic wave puts pressure on the White House to come to a deal.
business
KTR questions BJP’s inaction on alleged ‘RR tax’ collection
BRS working president alleges that ₹200 was being collected per square foot in the name of ‘RR tax’
business
South West Water’s failure to fix leaks ‘putting customer supplies at risk’
With parts of region served by company in severe drought still, regulators give it six weeks to come up with action plan Repeated failures by South West Water to tackle leaks are putting customers at higher risks of losing water supplies as parts of the region remain in severe drought, regulators have said. In a warning to the privatised company that serves 1.8 million people across the south-west of England, the regulators said it had been failing to meet targets to reduce leaks and repair burst pipes for seven years.
business
Jinapor calls for Africa to develop solar value chain to boost energy security
The Minister for Energy and Green Transition, Dr John Jinapor, has called on African countries to harness their solar energy potential to strengthen energy security, reduce dependence on imported fuels and drive industrialisation. Dr Jinapor noted that Africa’s abundant sunshine presents an opportunity to build resilient economies and reduce the continent’s exposure to external energy shocks.
business
IMF flags delayed ECG collection accounts audit, urges timely reforms
The International Monetary Fund (IMF) has flagged Ghana’s delayed publication of an audit of the Electricity Company of Ghana’s collection accounts. The IMF raised the concern in a statement issued Thursday after an IMF mission concluded discussions on the first review of Ghana’s Policy Coordination Instrument (PCI).
business
IMF gives Ghana’s economic recovery a strong endorsement
The IMF said these gains and accumulated buffers had helped Ghana partly absorb the external shock from the war in the Middle East. The authorities have responded by moving foreign exchange intermediation from the Bank of Ghana to GoldBod.
business
Ghana meets most PCI targets, but risks remain – IMF
The International Monetary Fund (IMF) has described Ghana’s performance under its Policy Coordination Instrument (PCI) programme as broadly satisfactory, with most quantitative targets met. Fiscal and banking sector reforms The IMF reported that reforms to the Bank of Ghana’s liquidity management framework were advancing.
business
Crude oil to average $79 per barrel in 2027 – World Bank
Crude oil is expected to average $79.0 per barrel in 2027, the October 2026 Commodity Prices Outlook has revealed. Modest increases in oil output in advanced economies, such as Canada and the United States, as well as in Latin America and the Caribbean, are on track to offset only a small share of very large production losses in the Middle East.
business
Aer Lingus flight to Rome diverted to military base after latest bomb threat, France says – Europe live
French prime minister’s office says Aer Lingus flight from Dublin to Rome now heading to military base in Evreux The plane appears to have just touched down in Evreux, according to Flightradar24’s tracking service. We will no doubt hear more from authorities in due course.
business
Almería donate ticket revenue to late Jesús de Miguel’s family
Spanish club UD Almería will donate all ticket sales revenue from their home match against CD Tenerife to support the family of the late Jesús de Miguel.
business
Illicit cigarette trade costs Kenya Sh47bn in lost tax revenue, study finds
NAIROBI, Kenya Nov 5 – Almost half of cigarettes consumed in Kenya are illicit, with the trade costing the Government an estimated Sh47 billion in lost excise duty and VAT between 2021 and 2025, according to a Kantar study commissioned by BAT Kenya. Commenting on the findings, BAT Kenya Managing Director Sidney Wafula called for sustained government action to tackle the illicit trade, including stronger border controls, faster investigations and prosecutions, and deterrent penalties.
business
Famers eye legal action after reports of million-dollar canola crop failures
Farmers across Australia's largest canola-producing region consider legal action over reported failures of multiple strains of canola.
business
Oil Prices Drop After Trump’s Election Rout
The dollar and oil prices dropped on Wednesday as traders digested President Donald Trump’s heavy defeat in US midterm elections that saw his Republican party lose control of Congress. UP 1.2 percent at 10,765.27 points Paris – CAC 40: UP 1.5 percent at 8,137.66 Frankfurt – DAX: UP 1.5 percent at 26,249.32 Tokyo – Nikkei 225:
business
Court freezes accounts, crypto assets over Sh1.5bn Equity Bank heist
Investigators revealed that several companies involved were allegedly incorporated specifically...
business
FG lists 5 digital banks Nigerians can use to access N50,000 monthly cash support
According to information published on the NERSI website, beneficiaries can access their funds through ALAT by Wema Bank, MoMo PSB, NairaGram, OPay and Moniepoint. According to the programme’s guidelines, genuine messages will only come from ALAT, MoMo, NairaGram, OPay or Moniepoint and will only require beneficiaries to reply YES or dial their payment provider’s designated USSD code.
business
Bank of England expected to raise interest rates for first time in three years today – business live
Rolling coverage of the latest economic and financial news Deutsche Bank analysts predict the Bank of England’s monetary policy committee will split 6-3 in today’s vote, with a majority voting for a rate hike to 4%. We expect the Bank of England’s patience to have run out with the unfolding energy shock.
business
From sea to market: How mussels sustain livelihoods along Thiruvananthapuram’s shore
In Thiruvananthapuram’s rocky coastal belt, mussel harvesting peaks between September and February, pushing the shellfish from rocky shores into bustling city markets and restaurants. The mussels, harvested from Vizhinjam, Kovalam, Azhimala, Poonthura and Muthalappozhi, among other nearshore hamlets in the Keralam capital, fetch up to ₹15,000 in auctions, sustaining a community of divers whose livelihood depend on the sea and its seasonal bounty.
business
Trust in the Reserve Bank is under strain, RBA deputy governor concedes
Trust in the RBA is under strain "just as we need it most," RBA deputy governor warns.
business
FinTribe brings women, financial experts together to promote wealth creation
By Esther Onyegbula Women, financial experts, investment professionals and industry stakeholders converged at the 2026 FinTribe Finance Fair to explore investment opportunities, promote financial literacy and advance women’s participation in wealth creation. In his remarks, Chief Executive Officer of NGX Regulation Limited, Mr Olufemi Shobajo, commended FinTribe for sustaining conversations around financial inclusion, investor education and the development of Nigeria’s financial ecosystem.
business
Banks’ deposits with CBN fall 87% to N1.22trn
•As borrowings drop 98% By Elizabeth Adegbesan Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) fell by 87 per cent month-on-month to N1.22 trillion in October 2026 from N9.4 trillion in September. Under the SLF, the apex bank provides liquidity to banks at an interest rate above the Monetary Policy Rate (MPR).
business
business
GNI overhauls claims operations, clears N3bn claims
In a decisive move to reclaim its market position and confidence, Great Nigeria Insurance Plc, GNI, has undertaken a comprehensive overhaul of its claims operations, clearing over N3 billion in claims. Meanwhile, GNI hosted two strategic brokers’ fora themed “GNI Reloaded” in Ibadan and Lagos to formalize this operational shift and rebuild crucial trade channels, given that insurance brokers facilitate a significant percentage of commercial and institutional policies in Nigeria.
business
Prominent harness racing trainer's company goes into liquidation
A company directed by a prominent Tasmanian harness racing trainer has gone into liquidation with significant debt, owing creditors more than $735,000.
business
business
FDI: Qatar’s Barzan Holdings seeks to deepen defense partnerships with Nigeria
Qatar’s Barzan Holdings seeks to deepen defense partnerships with Nigeria. By Tunde Oso Barzan Holdings, Qatar’s leading national defence and security company, has spotlighted its cutting-edge defence technologies and industrial capabilities at the 2026 Africa International Defence Exhibition (AFRIDEX), held in Lagos, as part of efforts to advance defence innovation, strengthen industry collaboration and support Nigeria’s evolving security needs.