President Bola Ahmed Tinubu has sent a message to Donald Trump, 47th President of the United States (US) as America's military action threat looms.
The federal government, through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced a plan to disburse N50,000 to small businesses.
Automakers have already started to adapt to the 25-percent tariff imposed on car imports by US President Donald Trump, from pausing production to raising prices or halting certain models. - Canada-Mexican chaos - US automakers -- Ford, GM and Jeep-maker Stellantis -- have all called on Trump to ease the tariffs.
China has hit back against US President Donald Trump's "liberation day" tariffs, slapping 34 percent levies on all imports of American goods. - Trump's new tariffs slap 10 percent levies on imports from around the world.
The brewer owns several notable brands in the Nigerian market, including Hero, Trophy lager beer, Grand malt, Beta Malt, Flying Fish, Buddweiser, and others.
Taiwan has earmarked $2.7 billion to help industries affected by US President Donald Trump's new tariffs, the government said Friday. Announcing the NT$88 billion ($2.7 billion) assistance package, Premier Cho Jung-tai said the plan was to "address various needs of industries and society in the future."
The Nigerian naira depreciated sharply in the official foreign exchange market, trading at N1,569 per dollar from N1,534, the biggest fall in 30 days.
NCAA list shows that out of 70,543 domestic flights operated in 2024, 33,235 were delayed, and 1,189 cancelled. About 35% of int'l flights were affected too.
BP on Friday said chairman Helge Lund will step down after a major reset at the British energy giant that saw it recently shelve carbon-reduction targets to focus on fossil fuel output. BP in February launched a major pivot back to its more profitable oil and gas business, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.
Pacific island nations hit hardest by US President Donald Trump's trade tariffs are querying the "unfair" impost, and they are fearful of the impact. Papua New Guinea, the most populous Pacific island country, said it had no plans to retaliate against the US decision to impose a 10-percent tariff.
TikTok on Friday was hours from a deadline to find a non-Chinese owner or face a ban in the United States. In the hours before that deadline, TikTok temporarily shut down in the United States and disappeared from app stores, to the dismay of millions of users.
Economy
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