America’s small businesses are bracing for a rough patch. According to new data released by the National Federation of Independent Business (NFIB), confidence among U.S. small business owners fell sharply in September, as inflation worries, tariff pressures, and growing policy uncertainty weighed heavily on Main Street. The NFIB Small Business Optimism Index dropped 2.0 points …
Federal Reserve Chair Jerome Powell on Tuesday delivered his final speech before the Fed’s upcoming policy meeting, navigating a U.S. economy torn between strong growth, rising productivity, and mounting inflation risks. The address comes as policymakers grapple with incomplete economic data amid a U.S. government shutdown that has delayed the September jobs report and other …
World maritime powers are meeting in London this week to negotiate what could become a landmark climate deal for the global shipping industry. The proposed measure seeks to cut emissions, fund green energy, and push ships away from fossil fuels. At the heart of the talks is a plan to introduce a global fee on …
Botswana has introduced a new rule aimed at increasing local ownership in the mining sector, as part of broader efforts to ensure citizens benefit more directly from the country’s mineral wealth. The change, which amends the Mines and Minerals Act, previously gave the state the right to buy a 15% shareholding in any mining concession. …
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured Nigerians that the recent surge in the price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, is temporary and will soon stabilise as domestic supply improves. In recent weeks, LPG prices have risen sharply from between ₦1,000 and ₦1,100 per kilogram …
Geregu Power Plc and its counterpart in the generation and sales of electric power, Transcorp Power Plc, saw revenues grow year-on-year to ₦439.97 billion in the third quarter (Q3) of the year. The two-generation companies (GenCos) stated in their unaudited Q3 financial results for the period ended September 30, 2025. Their revenues grew by 30.91 …
As part of efforts to ensure energy self-sufficiency in Nigeria, the House of Representatives has proposed a new law to ensure that local oil refineries are protected and operate in a conducive environment. The proposed legislation equally seeks to prioritise access to crude supply by the local refineries. Chairman of the House Committee on Petroleum …
The World Health Organisation (WHO) has sounded a fresh alarm over the rapid rise in global antibiotic resistance, warning that one in six laboratory-confirmed bacterial infections is now caused by antibiotic-resistant pathogens. In a new global analysis covering 22 commonly used antibiotics, the WHO revealed that resistance increased in more than 40 percent of cases …
The Federal Inland Revenue Service (FIRS) is set to hold the second edition of its 2025 Tax Clinic in Abuja through the Emerging Taxpayers’ Group (ETG). The initiative aims to simplify tax processes, educate citizens, and promote voluntary compliance ahead of the rollout of new tax laws. The one-day event, themed “Tax Clinic for Tax …
The Central Bank of Nigeria (CBN) has introduced draft guidelines that will compel banks to provide instant refunds for failed Automated Teller Machine (ATM) transactions to customers. It issued the draft guidelines on Saturday, October 11, accompanied by a circular dated October 9 and signed by its Director of the Payments System Policy Department, Musa …
