business news

Oil Spill in Delta: When environment is destroyed from within and without – black tide ‘swallows 216 communities’
business

Oil Spill in Delta: When environment is destroyed from within and without – black tide ‘swallows 216 communities’

For seven months, the 28-inch Trans-Forcados Pipeline at the Kantu-Odidi axis, Warri South-West LGA has bled crude and associated gas into the creeks. On one side, the Joint Investigation Visit, JIV, of February 20-21, 2026, conducted by the National Oil Spill Detection and Response Agency, NOSDRA, officials and community representatives, gave a technical verdict: Corrosion and equipment failure.

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CHI Farms, Aviagen celebrate 20-year partnership
business

CHI Farms, Aviagen celebrate 20-year partnership

CHI Farms Limited, a member of Tropical General Investments (TGI) Group, is celebrating 20 years of partnership with Aviagen, a global poultry breeding company behind the Arbor Acres® brand, to support poultry farmers across Nigeria. Florian Blevin, Business Manager, Sub-Saharan Africa, Aviagen, commended CHI Farms for its longstanding commitment to the Nigerian poultry industry and its role in making Arbor Acres genetics accessible to local producers.

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Healey’s first budget to include big devolution package to boost growth
business

Healey’s first budget to include big devolution package to boost growth

Chancellor will build on Burnham’s promise that local leaders in England will no longer have to ‘come cap in hand to Westminster’ Andy Burnham has promised that local leaders in England will no longer have to come “cap in hand to Westminster” ahead of a fresh drive to devolve spending power in next week’s budget. In his statement on Wednesday, the chancellor, John Healey, will include plans for a new £1.5bn borrowing facility, to be drawn up in collaboration with mayors over the next two years.

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Gender Minister calls for stronger Canada–Africa ties to boost women’s economic opportunities
business

Gender Minister calls for stronger Canada–Africa ties to boost women’s economic opportunities

The Minister for Gender, Children and Social Protection, Dr Agnes Naa Momo Lartey, has called for stronger cooperation between Canada and African countries to improve women’s access to finance, markets and economic opportunities. These include the Making Trade Work for Women in West Africa project, the Enhancing Market Participation and Learning Opportunities for Young Women (EMPLOY) project, and the Climate Resilient Livelihoods for Women in Northern Ghana (CLIMB) project.

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PS Omollo Urges Building Safety Compliance After Eastleigh Collapse
business

PS Omollo Urges Building Safety Compliance After Eastleigh Collapse

KISUMU, Kenya Oct 24 – Interior Principal Secretary Raymond Omollo has called for calm following the collapse of a building under construction in Nairobi’s Eastleigh area, urging contractors and developers to comply with building regulations to prevent avoidable loss of lives. The collapse has renewed concerns about construction safety and the enforcement of building standards in Nairobi, with investigations expected to establish the circumstances surrounding the incident and determine accountability.

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Nigeria-Indonesia investment to boost GDP, create jobs, says NICCI president, Balogun
business

Nigeria-Indonesia investment to boost GDP, create jobs, says NICCI president, Balogun

By Favour Ulebor The President of the Nigerian Indonesian Chamber of Commerce and Industry, NICCI, Ishmael Balogun, has said increased investment between Nigeria and Indonesia, particularly in oil and gas exploration, will boost Nigeria’s Gross Domestic Product, GDP, create jobs and promote knowledge transfer. Balogun spoke during the Nigerian Indonesian Investment and Trade Forum, NIITF, which held its fifth edition in Jakarta from October 20 to 21, 2026, with a focus on expanding bilateral trade and investment in oil and gas, renewable energy, agriculture, pharmaceuticals and infrastructure…

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Abia govt has abandoned us — Ubani Market traders cry out, seek Otti’s intervention
business

Abia govt has abandoned us — Ubani Market traders cry out, seek Otti’s intervention

By Steve Oko UMUAHIA — Thirteen years after their relocation from the heart of Umuahia to Ubani Ultra-modern Market, thousands of traders are counting their losses, battling dwindling patronage and watching their businesses crumble as they accuse the Abia State Government of abandoning them. He said the failure to construct the proposed Ubani–Agbo–Umueze Road had continued to expose road users to the dangers of the busy Umuahia–Uzuakoli Road. ”

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Ashie-Moore disputes report on alleged theft of businessman’s belongings
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Ashie-Moore disputes report on alleged theft of businessman’s belongings

The Greater Accra Regional Chairman of the National Democratic Congress (NDC), Emmanuel Nii Ashie-Moore, has rejected reports that the Attorney-General’s Department has recommended his prosecution for alleged stealing of a Singaporean businessman’s personal belongings. In a statement issued on October 23, Mr Ashie-Moore described the report as inaccurate, misleading and calculated to damage his reputation, particularly ahead of the NDC’s forthcoming internal elections.

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Trump lifts some Canada tariffs ahead of midterms
business

Trump lifts some Canada tariffs ahead of midterms

The change could help Senator Susan Collins, who faces a strong challenge from a Democrat in the US-Canada border state of Maine, which has been hit hard by Trump’s trade war. Previous Trump levies on autos, steel, aluminum and lumber have hit Canada hard, forcing job losses and stunting growth.

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Berlin Dialogue 2026: Nigeria seeks increased intra-African trade, sustainable infrastructure financing
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Berlin Dialogue 2026: Nigeria seeks increased intra-African trade, sustainable infrastructure financing

Nigeria seeks increased intra-African trade, sustainable infrastructure financing. In a statement signed on Saturday, by the Special Assistant on Digital Media and Public Diplomacy, Raphael Oni, to the Minister of State for Foreign Affairs, Sola Enikanolaiye, the minister made the call at the Berlin Global Dialogue 2026 in Germany, where he outlined Nigeria’s position on trade, technology, foreign policy and infrastructure investment.

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Trump eases Canada tariffs ahead of US midterms
business

Trump eases Canada tariffs ahead of US midterms

The move comes as Trump's Republican Party scrambles to maintain control of the US Congress, with a Republican candidate in a key Senate race saying she had lobbied to lift the tariffs on Canadian products.

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Golden Arms gets support from Shoe Fabriek ahead of World Armwrestling Championship
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Golden Arms gets support from Shoe Fabriek ahead of World Armwrestling Championship

Ghana’s national armwrestling team, the Golden Arms, has received a boost ahead of the 2026 World Armwrestling Championship in India, following a footwear sponsorship from Ghanaian manufacturer Shoe Fabriek GH Ltd. The company presented specially designed Ghana-branded sneakers to the Ghana Armwrestling Federation (GAF) for the Golden Arms on Friday, October 23, 2026, as part of efforts to support the team ahead of the international competition.

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360 Woman Africa Annual Conference Brings Leaders in Business and Technology Together to Shape Women’s Future in the new Age of Artificial Intelligence (AI)
business

360 Woman Africa Annual Conference Brings Leaders in Business and Technology Together to Shape Women’s Future in the new Age of Artificial Intelligence (AI)

The social enterprise holds its 8th annual conference, THE SHIFT, on 31 October, 2026 at Glitz Event Center, Oniru, Lekki, Lagos 360 Woman Africa is a non-profit organization that champions skills development for women in business and leadership. She will be joined by: Mrs. Tara Fela-Durotoye, founder, House of Tara International Prince Nnamdi Ekeh, CEO, Konga Group; Dr. Olubayo Adekanmbi, founder, Data Science Nigeria, Dr. Yvonne Chioma Ofodile, MD/CEO Zetile Oil and Gas Ltd, Zetile Stores Ltd and Founder, 360 Woman Africa amongst other leading global experts The theme of the conference is…

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No unions, low taxes: why some of Britain’s top chefs are opening outposts in Gulf states
business

No unions, low taxes: why some of Britain’s top chefs are opening outposts in Gulf states

Leading restaurateur says Gulf countries actively help businesses set up, while east Asia has a better work ethic Some of London’s top restaurants are opening branches in Dubai because of a “tax tsunami” in the UK and better work ethic abroad, according to a leading restaurateur. James Robson, a co-owner of Fallow in St James’s Market, regarded as the capital’s hottest restaurant, serving 1,000 people a day, has just signed a deal to open an outpost in the Gulf.

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Oil Hits $116 With Stocks Mixed On Earnings, AI
business

Oil Hits $116 With Stocks Mixed On Earnings, AI

Key Figures At Around 1530 GMT Brent North Sea crude: UP 2.9 percent at $116.40 per barrel West Texas Intermediate: UP 2.7 percent at $102.15 per barrel New York – Dow: DOWN 0.9 percent at 52,386.60 points New York – S&P 500: DOWN 0.1 percent at 7,654.96 New York – Nasdaq Composite: UP 0.2 percent at 26,072.47 London – FTSE 100: DOWN 0.3 percent at 10,690.36 Paris – CAC 40: DOWN 0.4 percent at 7,782.82 Frankfurt – DAX: DOWN 0.8 percent at 25,181.65 Tokyo – Nikkei 225: DOWN 0.3 percent at 62,693.16 (close) Hong Kong – Hang Seng Index: UP 0.7 percent at 23,093.37 (close) Shanghai – Composite:…

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