Business

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Energy firms face penalties if 'financial resilience' is placed at risk

Energy firms face penalties if 'financial resilience' is...

Suppliers are reminded of their obligations as the energy regulator says a return...

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Major banks summoned to meet financial watchdog over 'measly' easy access savings rates

Major banks summoned to meet financial watchdog over 'measly'...

MPs say banks can't blame interest rate rises for pushing up mortgage costs and...

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Food inflation is starting to fall, says Sainsbury's boss

Food inflation is starting to fall, says Sainsbury's boss

Sainsbury's CEO said price rises are now stalling, with prices on the retailer's...

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Average mortgage rate rises above 6% for five-year fixed deals

Average mortgage rate rises above 6% for five-year fixed...

Mortgage rates have been rising consistently since May, as lenders are pricing in...

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New Zealand bans plastic bags for fresh produce in supermarkets

New Zealand bans plastic bags for fresh produce in supermarkets

New Zealand has become the world's first country to expand its ban on plastic bags...

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Shell still trading Russian gas despite pledge to stop

Shell still trading Russian gas despite pledge to stop

Shell is still trading Russian gas more than a year after pledging to withdraw from...

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Pakistan, IMF reach $3bn staff-level agreement

Pakistan, IMF reach $3bn staff-level agreement

Pakistan could get temporary relief from its economic crisis with a new standby...

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Ethiopia applies to join the BRICS bloc of emerging economies

Ethiopia applies to join the BRICS bloc of emerging economies

BRICS countries account for more than 40 percent of the world’s population and about...

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CBN limits transactions via  contactless payments to N50,000 per day

CBN limits transactions via contactless payments to N50,000...

The Central Bank of Nigeria, CBN, has placed a N50,000 daily limit on contactless...

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Sterling Bank, SMEDAN to create Nigeria’s largest SME Database

Sterling Bank, SMEDAN to create Nigeria’s largest SME Database

Sterling Bank Plc has signed a Memorandum of Understanding, MoU, with the Small...

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Sri Lanka: Five-day bank holiday for domestic debt restructuring

Sri Lanka: Five-day bank holiday for domestic debt restructuring

Sri Lanka began a five-day bank holiday from Thursday to allow the crisis-hit nation...

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Drinks giant Diageo ends 'broken' Diddy partnership

Drinks giant Diageo ends 'broken' Diddy partnership

British drinks giant Diageo has ended its partnership with Sean Combs, known as...

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Madras high court: A new India verdict recognises value of women's work

Madras high court: A new India verdict recognises value...

An Indian court's recent verdict that significantly expands the rights of homemakers...

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US gov’t details plans for $42bn investment for internet access

US gov’t details plans for $42bn investment for internet...

The administration estimates there are some 8.5 million locations in the US that...

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Shell pipeline spill fouls farms, river in Nigeria’s Niger Delta

Shell pipeline spill fouls farms, river in Nigeria’s Niger...

The spill has upended livelihoods in the oil-rich Niger Delta, which has endured...

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