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Saturday, September 19, 2026

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Manny Akpan | Business & Economy Editor

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Warren Buffett Steps Down as Berkshire Chair, Son Howard Takes Over

OMAHA, United States — Warren Buffett relinquished the chairmanship of Berkshire Hathaway on Friday, September 18, 2026, ending more than five decades in the...

Who Owns the Future? Inside the Economic Divide Reshaping the World

There are Americans who live from what they earn, and Americans who live partly from what they own. They may hold similar qualifications and...

Dangote Refinery Opens Africa’s Largest IPO, Seeking Up to $2.1 Billion

LAGOS, Nigeria — Aliko Dangote opened an initial public offering for his oil refinery on Monday, September 14, 2026, giving public investors access to...

Dangote Refinery Cuts Debt by $570 Million Ahead of IPO

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals reduced its debt by $570 million during the first half of 2026. The reduction came as the...

BREAKING: Uber Exits Nigeria After More Than a Decade

LAGOS, Nigeria — Uber ended its operations in Nigeria on Wednesday, September 2, 2026, the company told customers in an email. The ride-hailing platform did...

‘But You Promised…’: NLC Challenges Nigerian Gov’t After 3rd Dangote Petrol Increase in 8 Days

LAGOS, Nigeria — The Nigeria Labour Congress rejected a new petrol-price increase. The labour union asked the Federal Government why more Nigerian crude was...

Dangote Increases Coastal and Gantry Prices for Petrol, 2nd Increase in Days

LAGOS, Nigeria — Dangote Petroleum Refinery and Petrochemicals FZE has raised its petrol gantry price to ₦1,200 a litre. The new rate took effect...

Canada Retaliates Against Trump Tariffs With Duties on US$20 Billion in Goods

OTTAWA, Canada — Canada announced new tariffs on approximately US$20 billion in American goods on Tuesday, August 25, 2026. The measures answer a fresh round...

Nigeria Tightens Capital Market Restrictions on North Korea and Iran

ABUJA, Nigeria — Nigeria’s Securities and Exchange Commission has ordered capital market operators to restrict financial dealings connected to North Korea and Iran. The measures...

AI Worries Send Tech Stocks Lower as South Korea’s Kospi Plunges

NEW YORK, United States — Tech stocks led a sharp sell-off across global markets on Tuesday, June 23, 2026, as weakness in artificial intelligence-linked...

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