The United States Trade Representative (USTR) has released a statement slamming the Nigerian government's decision to impose a ban on 25 products.
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FG moves to increase access to cooking gas as dealers release new price list for 5kg, 12.5kg
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25 Banned Items: US may ban more products, data shows top Imports from Nigeria in 2025
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Trump's tariffs have not reduced Panama Canal traffic -- yet
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How the National Single Window transforms Nigerian commerce
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France's Orano says Niger junta controls uranium firm
French nuclear group Orano said Wednesday that authorities in Niger had taken "operational control" of its uranium mining unit, in an escalating spat between the company and the country's military junta.
In Angola, Biden promises to invest differently to China
President Joe Biden will make the case on Wednesday in Angola that the United States must do better rather than more than China to regain influence in Africa.
OECD warns of protectionism weeks before Trump return
The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world economy, just weeks before Donald Trump is set to return to the White House. - 'Major shocks' - Trump is far from the only risk in terms of protectionist measures.
Dollar supply in the official market surges to $43 billion as naira trades at new rates
The foreign exchange market experienced a boost in dollar supply, surging by 61.9% to $43bn in the official foreign exchange market in the first 11 months of 2024.
Huge Vietnam fraud case raises questions over banking system
A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge. Even so, he said the revelations from the case meant Vietnam "will have to take exceptional steps to audit the banking system effectively".
Vietnam pushes electric motorbikes as pollution becomes 'unbearable'
In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung has long hated riding in Hanoi, rated among the world's top 10 polluted capital cities in 2023 by air quality technology firm IQAir.
Seoul stocks sink amid S. Korea drama as Asian markets struggle
South Korean stocks sank more than two percent Wednesday while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before reversing the decision hours later.
Partner of ex-Abercrombie & Fitch CEO pleads not guilty to sex trafficking
The partner of the ex-CEO of the Abercrombie and Fitch clothing line pleaded not guilty Tuesday in US federal court to charges of sex trafficking and interstate prostitution and was released on $10 million bond. Jacobson also pleaded not guilty to the same charges as the other defendants and was released on half a million dollars bond in October. bur-nr/dw/md
Amazon launches AI models to challenge rivals
Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector. Even if Google, Microsoft and OpenAI have taken the lead on AI, AWS remains the market leader in cloud computing, which is needed to power artificial intelligence tools and products.
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