Facing a barrage of tariffs under President Donald Trump’s renewed administration, the European Union is navigating…
Category: Business
China Hits Back with 84% Tariffs on U.S. Goods, Blacklists AI Firms Over Taiwan Ties
China announced on Wednesday it will raise tariffs on imports from the United States to 84…
Itsekiri Protest Disrupts Nigeria’s Oil Production Target as Tensions Escalate Over Electoral Delineation
Nigeria’s goal of meeting its 2025 oil production target may face a setback following a protest…
Nigeria’s Digital Infrastructure Set for Major Boost with New National Data Park Initiative
Nigeria’s digital infrastructure is poised for significant growth as Sahara Group and the Federal Government collaborate…
Trump Signs Order Raising Tariffs on Small Packages from China to 90%
U.S. President Donald Trump has signed a sweeping executive order dramatically increasing duties on low-value imports…
Crude and Refined Product Sales in Naira Initiative: Stakeholders Reaffirm Commitment at Progress Review Meeting
The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative convened on Tuesday…
Diamond Bank Founder Pascal Dozie Dies at 85, Tinubu Pays Tribute
Renowned banker and founder of the defunct Diamond Bank Plc, Chief Pascal Dozie, has passed away.…
Nigerian Stocks Slide Amid Fallout from Trump’s Trade Tariffs
Nigerian equities suffered a sharp blow on Monday, recording their most significant single-day loss in recent…
Trump Dismisses EU Tariff Proposal, Demands Bigger Trade Concessions
US President Donald Trump on Monday rejected the European Union’s proposal to eliminate tariffs on industrial…
Afreximbank Commits $3 Billion to Boost Africa’s Refined Oil Product Supply
The African Export–Import Bank (Afreximbank) has announced a $3 billion commitment to finance the intra-African purchase…