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.
Economy
Most viewed
Popular
-
FG orders immediate release of ₦250bn loan to farmers, targets food security
-
Finally, Dangote free fuel distribution begins, new petrol prices emerge
-
Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
-
All you need to know as FG says no tax ID, no bank account by January 1, 2026
-
How the National Single Window transforms Nigerian commerce
Economy Latest News
Ukraine's earth riches are rare and difficult to reach
Ukraine's soils hold some five percent of the world's mineral resources, which is what US President Donald Trump is anxious to secure, but not all of them are yet exploited -- or maybe even exploitable, according to experts. Trump has particularly declared he wants rare earths and demanded an accord on getting minerals in return for US aid for Ukraine to fight its war with Russia.
Cook Islands strikes deal with China on seabed minerals
The Cook Islands said Saturday it has struck a five-year agreement with China to cooperate in exploring and researching the Pacific nation's seabed mineral riches. The Cook Islands has licensed three companies to explore the seabed for nodules rich in metals such as nickel and cobalt, which are used in electric car batteries.
On $15 a month, Venezuela's teachers live hand to mouth
With a monthly salary of $15, a teacher in Venezuela earns nowhere near enough to cover their basic food necessities, never mind rent or medicine. A basket of food essentials for a family of four in Venezuela costs about $500 a month, 33 times the salary of a teacher -- a profession that has historically been underpaid, but never as little as now.
Porn stars: Oscar favorite 'Anora' gets sex work right
For a film about sex work to win an Oscar is rare. "The sex work industry as a whole is really skeptical of any film having to do with sex work," says Calvert.
AP sues White House officials over denial of access
The Associated Press filed a lawsuit against three White House officials on Friday after the news agency was barred from some of US President Donald Trump's events. The White House Correspondents' Association has called AP's exclusion from Trump events "outrageous."
Cognac on the rocks: industry seeks French govt help from Chinese tariffs
The French cognac industry said Friday it was losing 50 million euros ($50 million) per month since the imposition of antidumping duties by China and appealed for government help. An executive of one cognac producer said they had been received by French government leaders but "we have the impression of being sacrificed".
Traders sell noodles, garri, wheat, palm oil, rice at new prices
The prices of food items in the market have changed in different directions, as the National Bureau of Statistics revealed that food inflation has dropped to 26%.
German flying taxi start-up's rescue deal collapses
A German flying taxi start-up said on Friday it would halt operations after a deal to rescue it fell through, the latest turbulence to hit the sector. In December another German flying taxi start-up, Volocopter, filed for insolvency after struggling to overcome hurdles in developing a two-seater electric air taxi. sr/jsk/sbk
“Remove trade tariffs for Nigeria”: FG appeals to Chinese govt, gives reasons
China recently announced the removal of trade tariffs for 33 African countries, but Nigeria was not on the list. The federal government has listed reasons why it ...
Economy
Load more