Business

Google Maps launches UK petrol and diesel price comparison feature

Drivers across the UK can now check nearby petrol and diesel prices on Google Maps following the integration of the government’s Fuel Finder service. The feature launched on Thursday, 8 October, making near real-time pump prices available within an app many motorists already use for planning journeys. According to the Department for Energy Security and Net

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Dangote Foundation share grant includes eligible policewomen and military women

Eligible Nigerian policewomen and military women are among those covered by the Aliko Dangote Foundation’s share subscription grant programme for the Dangote Petroleum Refinery and Petrochemicals public offer. According to Punch⁠, the Dangote Group clarified that the programme’s category for eligible non-commissioned servicewomen includes female personnel in the police and military. The initiative targets up to

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US expands Trump Accounts to nearly 70 million children: what families need to know

The White House says nearly 70 million investment accounts have been created for children under the Trump Accounts programme, including more than 60 million through automatic enrolment. In its 7 October announcement⁠, the administration said parents and guardians must still claim their children’s accounts to manage them and enable further contributions. The figure describes accounts created.

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Formal Borrowing in Nigeria Nearly Doubles to 10%, Survey Finds

The share of Nigerian adults borrowing from regulated lenders has risen to about 10%, compared with 5.3% in 2023, according to the 2026 Access to Financial Services in Nigeria survey. The EFInA survey highlights put the more precise figure at 9.9%, representing approximately 12 million adults. This measures people currently borrowing from regulated providers. It does not

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Nigeria Targets Creative Investment and Jobs as Lagos Prepares to Host CANEX

Nigeria’s government says the forthcoming Creative Africa Nexus Weekend should deliver investment, business partnerships, and wider market access for creative enterprises. The Minister of Art, Culture, Tourism and the Creative Economy, Hannatu Musawa, outlined that ambition at a joint ministerial briefing in Abuja, according to Voice of Nigeria’s report published on 7 October. She said the gathering

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PenCom Says ₦758bn Bond Cleared Pension Backlog, Funded Accrued Rights Through 2029

Nigeria’s National Pension Commission says a ₦758 billion Federal Government Pension Bond has cleared inherited pension liabilities, including obligations dating back to 2007. PenCom Director-General Omolola Oloworaran gave the update at the commission’s media conference in Lagos on Tuesday, 6 October. According to The Guardian’s report⁠, she said the intervention had benefited 957,045 Nigerians. The commission

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African Union-Backed Credit Rating Agency Set for Mauritius Launch

The Africa Credit Rating Agency is scheduled for its official launch in Port Louis, Mauritius, on Wednesday, 7 October, with a mandate to provide additional assessments of African governments, companies and financial institutions. Known as AfCRA, the agency aims to bring greater local knowledge and wider coverage to a market dominated internationally by Moody’s, S&P

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India raises benchmark interest rate to 5.5% as inflation pressures grow

The Reserve Bank of India has raised its benchmark repo rate by 25 basis points to 5.5%, marking its first interest rate increase since February 2023. The decision, announced on Wednesday, 7 October, increases the rate from 5.25%. A rise of 25 basis points means an increase of 0.25 percentage points. Moneycontrol reports⁠ that the move

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Premium Bonds: what the 4.35% prize fund rate means for savers

Premium Bonds currently have an annual prize fund rate of 4.35%, with each eligible £1 bond number having a one-in-21,000 chance of winning a prize in the monthly draw. According to NS&I’s official announcement⁠, the rate increased from 3.80% for the September 2026 draw. The odds also improved from one in 22,000. Both the rate and

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Nigeria Opens October Savings Bond Offer at 13.071% and 14.071%

Nigeria’s Debt Management Office has opened its October 2026 Federal Government of Nigeria Savings Bond offer, giving investors a choice between two fixed-interest instruments. Applications opened on 5 October and will close on Friday, 9 October, with settlement scheduled for 14 October 2026. The DMO’s official offer document confirms that the bonds are issued on

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