https://lagostribune.net/c/business Business en-NG https://lagostribune.net/a/2026-09-01-lagos-pensioners-protest-unpaid-arrears-as-police-fire-teargas-f63bfbe0ad https://lagostribune.net/a/2026-09-01-lagos-pensioners-protest-unpaid-arrears-as-police-fire-teargas-f63bfbe0ad Lagos pensioners gathered at the Lagos House in Ikeja on September 1 to demand outstanding arrears, approved pension increases and wage awards from the state government. Police reportedly fired tear gas, dispersing the retirees. Tue, 01 Sep 2026 01:39:25 GMT https://lagostribune.net/a/2026-08-31-transmission-faults-reduce-power-allocations-to-lagos-abuja-4eff145003 https://lagostribune.net/a/2026-08-31-transmission-faults-reduce-power-allocations-to-lagos-abuja-4eff145003 The Nigerian Independent System Operator says recent reductions in electricity allocations to Lagos, Abuja and other regions were caused by transmission line outages, not a shortage of generation. Mon, 31 Aug 2026 11:56:52 GMT https://lagostribune.net/a/business-2026-01-28-fed-decision-and-megacap-reports-dominate-market-agenda-as-investors-w https://lagostribune.net/a/business-2026-01-28-fed-decision-and-megacap-reports-dominate-market-agenda-as-investors-w Markets entered a pivotal stretch as investors prepared for a Federal Reserve rate announcement alongside earnings from major U.S. tech leaders. Analysts say the combination could drive sharp moves in equities, especially given stretched valuations and intense focus on AI-related spending and profitability. Wed, 28 Jan 2026 21:17:16 GMT https://lagostribune.net/a/business-2026-01-28-federal-reserve-holds-rates-steady-as-markets-weigh-policy-signals-and https://lagostribune.net/a/business-2026-01-28-federal-reserve-holds-rates-steady-as-markets-weigh-policy-signals-and The Federal Reserve held interest rates steady as investors assessed the central bank’s next steps under political pressure and a heavy slate of corporate earnings that continues to shape market sentiment. Wed, 28 Jan 2026 21:11:27 GMT https://lagostribune.net/a/business-2026-01-27-stocks-ease-from-record-highs-as-jpmorgan-and-delta-open-earnings-seas https://lagostribune.net/a/business-2026-01-27-stocks-ease-from-record-highs-as-jpmorgan-and-delta-open-earnings-seas U.S. stocks slipped modestly as profit reports from JPMorgan Chase and Delta Air Lines delivered a mixed start to earnings season, reinforcing investor focus on whether corporate growth can justify record-level valuations. Tue, 27 Jan 2026 21:04:59 GMT https://lagostribune.net/a/business-2026-01-27-health-insurers-slide-after-cms-proposes-nearly-flat-2027-medicare-adv https://lagostribune.net/a/business-2026-01-27-health-insurers-slide-after-cms-proposes-nearly-flat-2027-medicare-adv Shares of major U.S. health insurers fell sharply after the Trump administration’s CMS proposed a 0.09% net average increase for 2027 Medicare Advantage payments—well below market expectations—raising concerns about margins, benefit cuts and potential plan exits. Tue, 27 Jan 2026 20:53:54 GMT https://lagostribune.net/a/business-2026-01-27-health-insurers-slide-after-cms-proposes-just-a-0-09-medicare-advantag https://lagostribune.net/a/business-2026-01-27-health-insurers-slide-after-cms-proposes-just-a-0-09-medicare-advantag Shares of major insurers fell after regulators proposed a far smaller Medicare Advantage payment increase than Wall Street expected, raising concerns about benefits, pricing, and plan participation. Tue, 27 Jan 2026 20:47:57 GMT https://lagostribune.net/a/business-2026-01-27-markets-watch-earnings-as-health-insurers-slide-on-medicare-payment-pr https://lagostribune.net/a/business-2026-01-27-markets-watch-earnings-as-health-insurers-slide-on-medicare-payment-pr Investors assessed a mixed premarket picture on Jan. 27, 2026, with gains in chip-related names helping lift S&P 500 and Nasdaq futures while Dow futures were pressured by sharp declines in health insurance stocks tied to a proposed Medicare payment update and scrutiny of Medicare Advantage practices. Tue, 27 Jan 2026 20:43:06 GMT https://lagostribune.net/a/business-2026-01-27-fed-expected-to-hold-rates-as-powell-faces-doj-probe-and-white-house-p https://lagostribune.net/a/business-2026-01-27-fed-expected-to-hold-rates-as-powell-faces-doj-probe-and-white-house-p Investors are bracing for the Fed’s first policy decision of 2026, with markets broadly expecting no change in rates after cuts in 2025. The meeting arrives with added political drama: a Justice Department probe involving Chair Jerome Powell and speculation about who President Trump may pick next. Tue, 27 Jan 2026 20:37:14 GMT https://lagostribune.net/a/business-2026-01-26-usa-rare-earth-jumps-after-report-of-1-6-billion-u-s-investment-for-10 https://lagostribune.net/a/business-2026-01-26-usa-rare-earth-jumps-after-report-of-1-6-billion-u-s-investment-for-10 USA Rare Earth shares surged after reports said the Trump administration would take a 10% stake as part of a $1.6 billion debt-and-equity package, underscoring Washington’s push to build domestic critical-minerals supply chains. Mon, 26 Jan 2026 21:31:30 GMT https://lagostribune.net/a/business-2026-01-26-investigation-of-fed-chair-powell-draws-bipartisan-alarm-and-renewed-d https://lagostribune.net/a/business-2026-01-26-investigation-of-fed-chair-powell-draws-bipartisan-alarm-and-renewed-d A Trump administration criminal investigation into Federal Reserve Chair Jerome Powell has triggered blowback from economists and lawmakers who warn the move threatens the Fed’s independence. Powell says subpoenas are being used as a pretext to pressure rate cuts, while some Republican senators say they won’t back future Fed nominees until the matter is resolved. Mon, 26 Jan 2026 21:27:19 GMT https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-bid-to-reduce-reliance-o https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-bid-to-reduce-reliance-o The Trump administration has taken a minority stake in USA Rare Earth as part of a broader strategy to build domestic supply chains for critical minerals and magnet production. The investment is intended to expand mining and manufacturing capacity in the U.S., reflecting security and industrial-policy concerns about China’s dominance in rare earth processing. Mon, 26 Jan 2026 21:07:46 GMT https://lagostribune.net/a/business-2026-01-26-wall-street-eases-off-records-as-jpmorgan-and-delta-open-earnings-seas https://lagostribune.net/a/business-2026-01-26-wall-street-eases-off-records-as-jpmorgan-and-delta-open-earnings-seas U.S. stocks pulled back slightly after record-setting highs as early earnings reports and expectations for profit growth set the tone. JPMorgan posted weaker results than analysts expected, while investors weighed whether S&P 500 earnings gains can justify elevated valuations going into 2026. Mon, 26 Jan 2026 20:57:49 GMT https://lagostribune.net/a/business-2026-01-26-stocks-finish-mixed-as-investors-weigh-earnings-major-indexes-post-wee https://lagostribune.net/a/business-2026-01-26-stocks-finish-mixed-as-investors-weigh-earnings-major-indexes-post-wee U.S. stocks ended a recent session mixed as investors parsed a batch of fourth-quarter earnings results. The Dow fell while the S&P 500 and Nasdaq edged higher, and all three major indexes recorded weekly declines amid shifting expectations for growth and consumer demand. Mon, 26 Jan 2026 20:47:51 GMT https://lagostribune.net/a/business-2026-01-26-gold-tops-5-000-an-ounce-as-investors-seek-shelter-amid-policy-and-tra https://lagostribune.net/a/business-2026-01-26-gold-tops-5-000-an-ounce-as-investors-seek-shelter-amid-policy-and-tra Gold prices surged above $5,000 an ounce, extending a powerful rally as investors looked for protection against political and economic turbulence. The move was fueled by a mix of tariff threats, global tensions, and renewed worries about U.S. fiscal disruption, reinforcing gold’s role as a safe-haven asset when confidence in other stores of value weakens. Mon, 26 Jan 2026 20:42:53 GMT https://lagostribune.net/a/business-2026-01-26-canada-s-carney-downplays-trump-s-tariff-threat-ahead-of-u-s-canada-tr https://lagostribune.net/a/business-2026-01-26-canada-s-carney-downplays-trump-s-tariff-threat-ahead-of-u-s-canada-tr Canadian Prime Minister Mark Carney says President Donald Trump’s latest tariff talk should be seen as negotiating posture as the two countries approach a USMCA review. The dispute has been inflamed by Canada’s moves toward a limited trade arrangement with China and broader tensions in the alliance. Mon, 26 Jan 2026 20:34:20 GMT https://lagostribune.net/a/business-2026-01-26-u-s-takes-stake-in-usa-rare-earth-in-1-6b-push-to-build-domestic-mine- https://lagostribune.net/a/business-2026-01-26-u-s-takes-stake-in-usa-rare-earth-in-1-6b-push-to-build-domestic-mine- The Trump administration, via the Commerce Department’s CHIPS program, is investing $1.6 billion in USA Rare Earth to support a Texas mine and an Oklahoma magnet manufacturing facility. The deal includes proposed federal funding and a loan, with the government receiving shares and warrants. The move is part of a broader effort to reduce reliance on China for critical minerals and strengthen high-tech and defense supply chains. Mon, 26 Jan 2026 20:24:25 GMT https://lagostribune.net/a/business-2026-01-26-u-s-takes-stake-in-usa-rare-earth-with-1-6-billion-package-to-build-do https://lagostribune.net/a/business-2026-01-26-u-s-takes-stake-in-usa-rare-earth-with-1-6-billion-package-to-build-do The Trump administration is taking a minority stake in USA Rare Earth through a $1.6 billion debt-and-equity package aimed at expanding U.S. rare earth mining and magnet manufacturing. The deal highlights Washington’s increasingly hands-on approach to securing critical minerals supply chains that are seen as strategically important for defense, electronics and energy technologies. Mon, 26 Jan 2026 20:16:37 GMT https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-1-6-billion-push-to-buil https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-1-6-billion-push-to-buil The Trump administration says it will back USA Rare Earth with a mix of federal funding, loans and an equity stake to speed a mine-to-magnet buildout and reduce reliance on China. Mon, 26 Jan 2026 20:09:56 GMT https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-1-6-billion-push-to-expa https://lagostribune.net/a/business-2026-01-26-u-s-takes-minority-stake-in-usa-rare-earth-in-1-6-billion-push-to-expa The Trump administration is investing $1.6 billion in USA Rare Earth and taking a minority stake, a move aimed at loosening China’s grip on critical minerals processing and building U.S. capacity from mining to magnets. Mon, 26 Jan 2026 20:05:47 GMT https://lagostribune.net/a/business-2026-01-25-markets-watch-fed-independence-after-doj-subpoenas-tied-to-jerome-powe https://lagostribune.net/a/business-2026-01-25-markets-watch-fed-independence-after-doj-subpoenas-tied-to-jerome-powe The Federal Reserve says it has received grand jury subpoenas related to Jerome Powell’s testimony about a headquarters renovation, prompting fresh debate about political pressure on the central bank and potential market fallout. Sun, 25 Jan 2026 15:59:06 GMT https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-trump-threatens-tariffs-on-european-countries-over- https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-trump-threatens-tariffs-on-european-countries-over- U.S. markets fell as investors weighed new tariff threats aimed at European countries tied to tensions over Greenland, adding to uncertainty around trade, inflation, and corporate earnings. Sun, 25 Jan 2026 15:49:33 GMT https://lagostribune.net/a/business-2026-01-25-davos-closes-with-calls-for-cooperation-as-world-economic-forum-highli https://lagostribune.net/a/business-2026-01-25-davos-closes-with-calls-for-cooperation-as-world-economic-forum-highli The World Economic Forum’s Annual Meeting in Davos wrapped up with organizers emphasizing a surge in government and business participation and renewed focus on dialogue amid a fractured geopolitical landscape. The forum said nearly 3,000 leaders attended, including record levels of political participation, and discussions ranged from peace and security to technology, growth, and investing in people. Sun, 25 Jan 2026 15:39:18 GMT https://lagostribune.net/a/business-2026-01-25-wall-street-slides-after-trump-tariff-threats-tied-to-greenland-stoke- https://lagostribune.net/a/business-2026-01-25-wall-street-slides-after-trump-tariff-threats-tied-to-greenland-stoke- U.S. stocks fell sharply after President Trump threatened tariffs on several European countries amid a standoff over Greenland, pushing investors toward safe-haven assets and reviving fears of a wider trade fight. Sun, 25 Jan 2026 15:31:02 GMT https://lagostribune.net/a/business-2026-01-25-thomson-reuters-sets-february-5-date-for-q4-and-full-year-2025-earning https://lagostribune.net/a/business-2026-01-25-thomson-reuters-sets-february-5-date-for-q4-and-full-year-2025-earning Thomson Reuters announced it will release fourth-quarter and full-year 2025 results on February 5, 2026, followed by a conference call and webcast. The company said CEO Steve Hasker and CFO Mike Eastwood will host the event at 8:30 a.m. ET. Sun, 25 Jan 2026 15:20:15 GMT https://lagostribune.net/a/business-2026-01-25-markets-brace-for-fed-decision-and-megacap-earnings-as-tariff-threat-a https://lagostribune.net/a/business-2026-01-25-markets-brace-for-fed-decision-and-megacap-earnings-as-tariff-threat-a Investors are preparing for a pivotal week featuring a Federal Reserve rate decision and earnings from major companies, while a new tariff threat and rising shutdown risk inject fresh uncertainty into markets. Sun, 25 Jan 2026 15:09:50 GMT https://lagostribune.net/a/business-2026-01-25-fed-decision-and-megacap-earnings-dominate-a-volatile-week-for-markets https://lagostribune.net/a/business-2026-01-25-fed-decision-and-megacap-earnings-dominate-a-volatile-week-for-markets Markets entered a big week focused on the Federal Reserve’s first rate decision of 2026 and earnings from Microsoft, Meta, Tesla and Apple. Investors also watched broad reports from industrial, energy and payments giants as they tried to gauge inflation persistence, consumer resilience and the durability of the AI-driven investment boom. Sun, 25 Jan 2026 15:00:08 GMT https://lagostribune.net/a/business-2026-01-25-u-s-consumer-sentiment-ticks-up-in-january-2026-but-households-still-f https://lagostribune.net/a/business-2026-01-25-u-s-consumer-sentiment-ticks-up-in-january-2026-but-households-still-f A University of Michigan survey shows U.S. consumer sentiment improved in January 2026 from December, though confidence remains near historic lows and households remain frustrated by past price increases and a softer job market. Sun, 25 Jan 2026 14:50:23 GMT https://lagostribune.net/a/business-2026-01-25-winter-storm-disruptions-mount-across-the-u-s-bringing-major-travel-an https://lagostribune.net/a/business-2026-01-25-winter-storm-disruptions-mount-across-the-u-s-bringing-major-travel-an A sprawling winter storm has disrupted travel and commerce, with widespread weather alerts, thousands of flight cancellations, and ripple effects across transportation and daily business activity. Sun, 25 Jan 2026 14:39:53 GMT https://lagostribune.net/a/business-2026-01-25-justice-department-investigation-into-fed-chair-jerome-powell-escalate https://lagostribune.net/a/business-2026-01-25-justice-department-investigation-into-fed-chair-jerome-powell-escalate The Guardian reports the Justice Department has opened a criminal investigation tied to Fed headquarters renovation costs and Powell’s testimony, intensifying a confrontation between the White House and the central bank as markets watch independence risks. Sun, 25 Jan 2026 14:34:19 GMT https://lagostribune.net/a/business-2026-01-25-india-markets-to-close-for-republic-day-as-investors-navigate-a-busy-g https://lagostribune.net/a/business-2026-01-25-india-markets-to-close-for-republic-day-as-investors-navigate-a-busy-g Indian exchanges will shut on January 26 for Republic Day, pausing equities and derivatives trading while traders keep watch on global risk and central-bank signals. Sun, 25 Jan 2026 14:25:22 GMT https://lagostribune.net/a/business-2026-01-25-investors-near-most-bearish-on-oil-in-10-years-goldman-finds https://lagostribune.net/a/business-2026-01-25-investors-near-most-bearish-on-oil-in-10-years-goldman-finds A Goldman Sachs client survey found investor sentiment on crude oil near decade lows, reflecting expectations of a potential supply glut even as geopolitical risks remain elevated. Sun, 25 Jan 2026 14:14:17 GMT https://lagostribune.net/a/business-2026-01-25-energy-markets-and-airlines-brace-for-costly-disruptions-as-winter-sto https://lagostribune.net/a/business-2026-01-25-energy-markets-and-airlines-brace-for-costly-disruptions-as-winter-sto The winter storm sweeping the U.S. is creating immediate business impacts, from mass flight cancellations and airport slowdowns to emergency grid measures and heightened demand for heating fuel. Companies are shifting operations as utilities and regulators focus on reliability and restoration. Sun, 25 Jan 2026 14:08:07 GMT https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-tariff-threats-revive-risk-off-trade-and-hit-megaca https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-tariff-threats-revive-risk-off-trade-and-hit-megaca U.S. markets fell sharply as investors reacted to renewed tariff threats, with heavyweight technology shares leading declines and traders rotating toward defensive positions. Sun, 25 Jan 2026 14:03:36 GMT https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-tariff-threats-as-investors-rotate-out-of-megacap-t https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-tariff-threats-as-investors-rotate-out-of-megacap-t U.S. markets fell sharply on January 20 as investors reacted to tariff threats tied to Greenland-related disputes, with major indexes down and high-valuation technology names leading the decline. Sun, 25 Jan 2026 13:58:19 GMT https://lagostribune.net/a/business-2026-01-25-netflix-shifts-to-an-all-cash-bid-for-warner-bros-discovery-as-media-c https://lagostribune.net/a/business-2026-01-25-netflix-shifts-to-an-all-cash-bid-for-warner-bros-discovery-as-media-c Netflix has moved to an all-cash offer in its pursuit of Warner Bros. Discovery, intensifying a high-stakes contest over legacy networks, streaming scale, and the future structure of the entertainment industry. Sun, 25 Jan 2026 13:54:03 GMT https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-trump-s-greenland-linked-tariff-threats-rattle-glob https://lagostribune.net/a/business-2026-01-25-stocks-slide-after-trump-s-greenland-linked-tariff-threats-rattle-glob US shares fell sharply after new tariff threats tied to Greenland intensified trade fears, sending investors into a risk-off mood and pushing demand for perceived safe havens. Sun, 25 Jan 2026 13:50:42 GMT https://lagostribune.net/a/business-2026-01-25-us-to-invest-1-6-billion-in-usa-rare-earth-in-push-to-shore-up-critica https://lagostribune.net/a/business-2026-01-25-us-to-invest-1-6-billion-in-usa-rare-earth-in-push-to-shore-up-critica The Trump administration plans a $1.6bn package to support USA Rare Earth, including a government equity stake and major financing, as Washington accelerates efforts to build domestic rare earth and magnet capacity crucial for technology and defense supply chains. Sun, 25 Jan 2026 13:39:27 GMT https://lagostribune.net/a/business-2026-01-25-wef-leadership-weighs-moving-flagship-davos-meeting-as-costs-and-scale https://lagostribune.net/a/business-2026-01-25-wef-leadership-weighs-moving-flagship-davos-meeting-as-costs-and-scale World Economic Forum leaders are considering relocating or rotating the annual meeting away from Davos, citing logistical limits, security costs, and scale, even as Switzerland argues the event’s economic value makes Davos the natural home. Sun, 25 Jan 2026 13:30:42 GMT https://lagostribune.net/a/business-2026-01-25-markets-brace-for-the-fed-s-first-2026-rate-decision-and-a-heavy-week- https://lagostribune.net/a/business-2026-01-25-markets-brace-for-the-fed-s-first-2026-rate-decision-and-a-heavy-week- Investors are focused on the Federal Reserve’s upcoming policy decision and a packed earnings slate that includes Microsoft, Meta, Tesla, and Apple. Markets are weighing whether policymakers keep rates steady after prior cuts, and how corporate results will shape expectations around growth and AI spending. Sun, 25 Jan 2026 12:59:49 GMT https://lagostribune.net/a/business-2026-01-25-u-s-inflation-accelerates-egg-prices-jump-amid-avian-flu-pressures https://lagostribune.net/a/business-2026-01-25-u-s-inflation-accelerates-egg-prices-jump-amid-avian-flu-pressures A Reuters report cited in Investing.com said U.S. consumer inflation rose faster than expected, with shelter and food contributing and egg prices surging amid avian flu-related shortages. Sun, 25 Jan 2026 08:35:39 GMT