Economy

$10 can’t buy food in US but can in Nigeria — Tinubu’s aide

Special Adviser to President Bola Tinubu on Economic Affairs, Dr. Tope Fasua, has said…

China threatens retaliation over new US tariffs

China has strongly opposed the latest US tariffs on its exports, warning of countermeasures…

World Bank approves $1.08bn loan for Nigeria’s education, nutrition, others

The World Bank has approved a $1.08 billion loan for Nigeria to improve education,…

Trade war: Trump imposes 14% import tax on Nigeria,184 others

President Donald Trump has announced a new tariff policy affecting 185 countries, including Nigeria,…

Trump imposes 14% tarrif on Nigerian exports

U.S. President Donald Trump has implemented new tariffs in a dramatic escalation of trade…

Transport union orders boycott of inDrive in Lagos over security, low fares

The Amalgamated Union of App-Based Transporters of Nigeria in Lagos has instructed its members…

Apple fined €150m in France over privacy feature

French antitrust authorities have fined Apple €150 million ($162 million) over its App Tracking…

China announces discovery of new major oilfield

China’s National Offshore Oil Corporation has announced the discovery of a major oilfield in…

Trump imposes 25% tariffs on foreign cars, parts

United States President Donald Trump has announced a 25 percent tariff on all foreign-made…

P’Harcourt refinery runs 180 days non-stop, PETROAN reveals

The Port Harcourt Refinery, which was revamped and relaunched in November 2024, has achieved…

UNIZIK to honour Seyi Tinubu as 8,157 students graduate

The Nnamdi Azikiwe University, Awka, Anambra State, will graduate 8,157 students during its 19th…

NCAA grants Air Algérie operating permit

The Nigeria Civil Aviation Authority has officially granted Air Algérie a Foreign Carrier Operating…

MTN, Airtel patner to expand mobile connectivity in Nigeria, Uganda

Telecom giants MTN Group and Airtel Africa have entered into a network infrastructure-sharing agreement…

Oil firm sues CBN for N4.1bn over alleged negligence

An oil services company, Zumax Nigeria Limited, has dragged the Central Bank of Nigeria…

US blacklists over 50 Chinese firms to restrict AI, chip development

The United States has added more than 50 Chinese companies to its export blacklist,…