It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
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White House says Canada 'caved' to Trump on tech tax
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EPA employees accuse Trump administration of 'ignoring' science
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US judge orders Argentina to sell 51% stake in oil firm YPF
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FG invites Nigerians to apply for N50k for their business, releases link
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FG rolls out nationwide livestock empowerment programme, targets 1000 youths per state
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Vance heads to India for tough talks on trade
US Vice President JD Vance begins a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and stave off punishing US tariffs. India and the United States are negotiating the first tranche of a trade deal, which New Delhi hopes to secure within the 90-day pause on tariffs announced by Trump earlier this month.
Gold hits record, dollar drops as tariff fears dampen sentiment
Gold prices hit a fresh record Monday while the dollar weakened further and stocks were mixed amid worries about Donald Trump's tariff blitz and bubbling row with the Federal Reserve. The precious metal was also helped by a weaker dollar, which has also been hit by worries about Trump's standoff with Fed boss Jerome Powell.
Beijing slams 'appeasement' of US in trade deals that hurt China
China on Monday hit out at other countries making trade deals with the United States at Beijing's expense, promising countermeasures against those who "appease" Washington in the blistering tariff war. Trump said Thursday that the United States was in talks with China on tariffs, adding that he was confident the world's largest economies could make a deal to end the bitter trade war.
Trump tariffs stunt US toy imports as sellers play for time
Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with made-in-China flying discs and model gliders grounded -– like much of his product line –- by Donald Trump's tariffs. "Things have ground to a halt," said Staph, chief executive of Duncan Toys Company, which has a warehouse in Indiana.
“N650 per litre”: Stakeholders predict cheaper fuel as global oil prices continue to tumble
Fuel prices in Nigeria have dropped significantly following the government's renewed naira-for-crude policy and global oil price declines. But it could go lower.
Taxes on super rich and tech giants stall under Trump
Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms under President Donald Trump. The billionaire real estate tycoon has pulled the United States out of an international deal on taxing multinationals and threatened tariffs on countries that target US tech giants.
Tariffs could lift Boeing and Airbus plane prices even higher
Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are poised to climb further as Boeing and Airbus are buffeted by trade tariffs. To resolve a labor strike, Boeing late last year agreed to a new contract with its Seattle-based machinist union that lifted wages by 38 percent over four years.
Ford 'adjusts' some exports to China due to tariffs
Citing the US-China trade conflict, Ford said Friday it has "adjusted" its exports to the country, where the US auto giant operates manufacturing jointly with local partners. "We have adjusted exports from the US to China in light of the current tariffs," Ford told AFP without specifying the models affected.
Trump goes to war with the Fed
Donald Trump's simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting the head of the fiercely independent central bank. Powell has said he has no plans to step down early, adding this week that he considers the bank's independence over monetary policy to be a "matter of law."
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