business news

Fidelity Bank becomes Ghana’s only bank to achieve 2X Certified Advanced status for gender-smart finance
business

Fidelity Bank becomes Ghana’s only bank to achieve 2X Certified Advanced status for gender-smart finance

Fidelity Bank Ghana has achieved 2X Certified Advanced status, becoming the only bank in Ghana to attain this distinction and reinforcing its commitment to advancing gender-smart finance and women’s economic empowerment. Commenting on the achievement, Atta Yeboah Gyan, Deputy Managing Director, Operations & Support Functions, at Fidelity Bank Ghana, said: “Achieving 2X Certified Advanced status is an important milestone for Fidelity Bank and a strong endorsement of the deliberate steps we are taking to embed gender inclusion across our business.

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Britain’s housing market unlikely to recover until 2028, says Savills
business

Britain’s housing market unlikely to recover until 2028, says Savills

House prices forecast to fall by 1.5% next year as Middle East war keeps mortgage rates higher for longer Britain’s sluggish housing market is not expected to recover until 2028 as higher mortgage rates linked to the war in the Middle East deter buyers and weigh on prices. The property firm Savills said average house prices were expected to drift lower during the rest of 2026 and fall by 1.5% in 2027, as the prolonged conflict undermines buyers’ confidence and keeps mortgage rates higher for longer.

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Sanwo-Olu: One week and the different faces of a single development challenge
business

Sanwo-Olu: One week and the different faces of a single development challenge

There was a common thread running through several of Governor Babajide Sanwo-Olu’s engagements in the last week of October: the future of Lagos and the resources required to build it. At Lagos House, Marina, Sanwo-Olu met Christophe Lecourtier, Chief Executive Officer of the French Development Agency, to discuss continuing cooperation on transportation development.

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Ramping up solar option to close energy gap
business

Ramping up solar option to close energy gap

Nigeria’s electricity crisis indicts decades of failed planning. The World Bank’s access series put electricity access at 62.5 per cent in 2024; the Nigerian Investment Promotion Commission (NIPC) says more than 85 million people remain without grid power.

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business

Ministry presents Zamfara budget performance report

The Zamfara State Ministry of Finance has presented the 2025 Budget Performance Report, highlighting how funds were utilised in the year under review. Represented by the State Accountant General, Ali Akilu Muhammad Bungudu, the commissioner said that the 2025 Zamfara State Budget, tagged “Rescue Budget 2.0,” was approved at a total of N546,014,575,000.

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Rising feed costs threaten poultry, livestock farming in 3 states
business

Rising feed costs threaten poultry, livestock farming in 3 states

Farmers in Niger, Kogi and Nasarawa states have warned that rising feed costs, expensive day-old chicks and poor market prices threaten livestock production and livelihoods. Mrs Oluwaseyi Fadaka, another Lokoja-based farmer, said a bag of feed now cost about N22,000, with her 40 Noiler birds consuming one regularly.

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US tech stocks recover after selloff spooks investors over AI spending
business

US tech stocks recover after selloff spooks investors over AI spending

Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulation US tech stocks made a recovery Tuesday afternoon after a selloff spooked investors over AI spending. The impact of Tuesday’s midterm elections didn’t appear to have a huge impact on Wall Street, though investors are predicting Democrats get at least a majority in the House and potentially gain seats in the Senate, which could lead to more AI regulation.

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FG policies raise Nigeria’s exports by 25% – Dantsoho
business

FG policies raise Nigeria’s exports by 25% – Dantsoho

Dr Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), says Federal Government policies and reforms have increased Nigeria’s exports by 25 per cent in the last two years. Dantsoho also attributed Nigeria’s improved global port ranking to the reforms, noting that two Nigerian ports featured among the top 20 in the latest World Bank global ports ranking.

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Oil rises after report of US strike on Iran’s Qeshm Island
business

Oil rises after report of US strike on Iran’s Qeshm Island

Oil prices rose in early Asian trade on Tuesday after a report that the United States had struck Iran’s Qeshm Island, raising concerns about an ​escalation of the eight-month conflict and prolonged disruptions to Middle East oil ‌supplies. The United States struck Iran’s Qeshm Island, ​the Wall Street Journal reported, citing US officials.

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NBS: Enugu records lowest tax Revenue-to-IGR ratio
business

NBS: Enugu records lowest tax Revenue-to-IGR ratio

…Abia, FCT, Bayelsa top tax-heavy IGR states Enugu State recorded the lowest tax revenue-to-Internally Generated Revenue (IGR) ratio in 2025, StatiSense has said, quoting figures from the National Bureau of Statistics (NBS). But joining Governor Peter Mbah’s Enugu on the list of states with the least tax dependence for IGR are Kwara (38.42 per cent), Katsina (39.93 per cent), Osun (41.53 per cent) and Ogun (44.10 per cent).

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Live: US midterms in sharp focus, oil price eases
business

Live: US midterms in sharp focus, oil price eases

Futures are pointing to a modestly lower open for the Australian share market as the US midterms come into sharp focus. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

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‘Uncle Sam, Osoba built Daily Times, I’m just a custodian’ — Anosike
business

‘Uncle Sam, Osoba built Daily Times, I’m just a custodian’ — Anosike

By Efe Onodjae The Chairman of Folio Media Group, owners of Daily Times of Nigeria, Fidelis Anosike, has described himself as a custodian of the newspaper, crediting its founding fathers and former leaders for building the institution into a major force in Nigeria’s history. Anosike spoke at the Daily Times Heroes Award in Lagos, where he said the newspaper’s legacy was built through the sacrifices and contributions of distinguished individuals, including Uncle Sam, Aremo Olusegun Osoba and Yemi Ogunbiyi.

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Tema hosts GCB Bank’s MSME Caravan Clinic as bank deepens support for entrepreneurs
business

Tema hosts GCB Bank’s MSME Caravan Clinic as bank deepens support for entrepreneurs

GCB Bank has taken its nationwide Micro, Small and Medium-sized Enterprises (MSME) Caravan Clinic to Tema, bringing entrepreneurs closer to financing opportunities, business advisory support and digital solutions as part of efforts to strengthen the growth and sustainability of Ghanaian businesses. Speaking on the sidelines of the event, Gabriel Siaw, Head of SME Banking at GCB Bank, described the Caravan Clinic as a nationwide initiative through which the bank was taking its services and business support directly to customers across the country.

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