New data has shown that the United States of America has slashed its imports from Nigeria, plunging by 41% in one month, as tensions escalate over tariffs.
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All you need to know as FG says no tax ID, no bank account by January 1, 2026
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Finally, Dangote free fuel distribution begins, new petrol prices emerge
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Do you need a tax ID to open a bank account in Nigeria? Here’s the truth
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Trump signs executive order targeting ticket scalping
With American entertainer Kid Rock at his side, US President Donald Trump signed an executive order Monday clamping down on ticket scalping and live event pricing. By the time you check out, it's $170," said Kid Rock, who wore a straw fedora and American-flag emblazoned red suit to the Oval Office.
Eurozone inflation eases in March as tariff threat looms
Inflation in the eurozone slowed further in March, official data showed on Tuesday, indicating possible breathing room for policymakers despite the threat of turbulence from US trade tariffs. The eurozone inflation data "gives the central bank additional room to prioritize growth without abandoning its inflation mandate," said Daniela Sabin Hathorn, senior market analyst at Capital.com, in a note.
Chinese developer under scrutiny over Bangkok tower quake collapse
A Chinese construction company is facing questions over the deadly collapse of a Bangkok skyscraper -- the only major building in the capital to fall in a catastrophic earthquake that has killed more than 2,000 people in Thailand and neighbouring Myanmar. The Bangkok construction collapse is not the first time CREC and its subsidiaries have come under fire after deadly incidents.
Facing US tariffs, Canadians hunt for business in Europe
With his small steel mill facing hefty US tariffs, Canadian businessman Chris Wyatt is hunting for new European customers at the world's biggest industrial technology fair in Germany. The president slapped 25-percent tariffs on US steel and aluminium imports on March 12, and even briefly threatened to hike the duty to 50 percent on Canadian imports.
Lagos state begins demolition of illegal structures as 90-day amnesty period expires
The state government offered 90 days from May to July 2024 for property owners to regularise their documents and comply with the regulations. It was extended twice.
Petrol marketers warn Nigerians against panic buying, share expectations from naira-for-crude deal
The group urged the federal government allow continued fuel imports to ensure steady and sufficient supply of the product, and keep the competition in check.
Trump says will be 'kind' with tariffs as deadline looms
US President Donald Trump said Monday he would be "very kind" to trading partners when he unveils further tariffs this week, risking global turmoil to address what he says are unfair trade imbalances. Critics warn that the strategy risks a global trade war, provoking a chain reaction of retaliation by major trading partners like China, Canada and the European Union.
Carmakers face doubts and jolts over US tariffs
Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles. US manufacturers are still hoping that tariffs will be reduced on vehicles imported from Canada and Mexico, where they have numerous factories.
'Heartbreaking' floods swamp Australia's cattle country
Whole herds of cattle have drowned in vast inland floods seeping across the Australian outback, officials said Tuesday as the muddy tide drenched an area the size of France. Officials said more than 100,000 livestock -- cattle, sheep, goats and horses -- had been swept away, were missing, or had drowned.
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