China Assures U.S. Companies of Protection Amid Ongoing Trade Tensions
China’s Vice Commerce Minister, Ling Ji, reassured U.S. companies, including prominent names like Tesla and GE Healthcare, that the Chinese…
Category: International
Trump’s 14% Tariff on Nigerian Exports Poses Threat to $6 Billion Annual Revenue
The recent imposition of a 14% tariff by U.S. President Donald Trump on Nigerian exports has raised serious concerns among…
Asian Markets Dive as Trump’s Tariff War Deepens Global Economic Turmoil
Asian markets faced a sharp decline on Monday, deepening a global stock market rout spurred by the escalating trade war…
Nigeria Considers Strengthening Trade Ties with China, EU, and BRICS in Response to US Tariffs
In response to the imposition of new US tariffs, Nigerian fund managers from Cory Assets Management Limited, led by Johnson…
WTO Director-General Okonjo-Iweala Warns Trump Over New Tariffs
The Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised concerns about the impact of new tariffs…
Unfair Credit Ratings Increasing Borrowing Costs for African Countries, Says ECA
African countries continue to struggle with high borrowing costs due to what they perceive as unfair credit ratings assigned by…
China Hits Back with 34% Tariffs on U.S. Imports, Escalating Trade Tensions
In a sharp retaliation to President Donald Trump’s recent tariff hikes, China has announced new tariffs of 34% on all…
Trump Suggests China Could Receive Tariff Relief in Exchange for TikTok Approval
President Donald Trump recently indicated that China could receive tariff relief if it approves the sale of TikTok, the popular…
Experts Urge Export Diversification Amid U.S. Tariff Threats
As the United States imposes new tariffs on global trade, experts are urging African nations, including Ghana, to accelerate efforts…
Global Selloff Accelerates as Japanese Banks Struggle Amid Tariff Concerns
Investors are reacting to a global selloff triggered by U.S. President Donald Trump’s tariff policies, which have significantly impacted Japanese…
Macron Calls for Suspension of US Investments Amid Tariff Dispute
French President Emmanuel Macron has called for European companies to suspend planned investments in the United States following the announcement…
Limited Impact of US Trade War on Nigeria’s Economy, Says Economist Dr. Muda Yusuf
Dr. Muda Yusuf, a prominent economist, has suggested that the ongoing trade war between the United States and other countries,…
U.S. Ambassador Reassures Ghana Amid Trade Policy Shifts
The United States Ambassador to Ghana, Virginia Evelyn Palmer, sought to calm concerns regarding the future of U.S.-Ghana trade relations…
US Tech and Retail Stocks Plunge as Trump’s Tariffs Trigger Global Market Panic
A sharp market sell-off was triggered after President Donald Trump announced sweeping new tariffs, which sent megacap U.S. tech and…
Trump’s Trade Policies Spark Record Outflows from Asian Equities in Q1
In the first quarter of 2024, foreign investors pulled the largest amount of capital from Asian equities in 15 years,…
China threatens countermeasures as Trump’s tariffs escalate trade tensions
The trade dispute between the United States and China has intensified following President Donald Trump’s latest announcement of new tariffs…
Bitcoin Dips to $82,000 Amid Trade Tensions Following Trump’s Tariff Announcement
Bitcoin (BTC) experienced a notable decline on Thursday, dropping to around $82,000, a 4% loss, amid heightened global trade tensions…
EU Prepares Countermeasures Against New U.S. Tariffs, Warns of Global Economic Impact
European Commission President Ursula von der Leyen has strongly criticized U.S. President Donald Trump’s recent universal tariffs, describing them as…
Nigeria and Japan Launch Youth-Centric Venture Fund to Boost Innovation
In a move to support youth entrepreneurship, Nigeria and Japan have launched a venture capital fund aimed at stimulating high-growth…
Trump Imposes 14% Tariff on Nigeria, Reworking Global Trade Dynamics
In a significant shift in U.S. trade policy, President Donald Trump announced a new tariff regime that includes a 14%…
OpenAI Secures $40 Billion Funding to Propel AGI Research and Stargate Initiative
OpenAI has raised $40 billion in a new funding round aimed at accelerating its pursuit of Artificial General Intelligence (AGI).…
Wall Street Faces Downward Pressure as Tariff Concerns Weigh on Markets
On April 2, 2025, U.S. stock markets experienced a significant downturn, with Wall Street’s main indexes all declining amid growing…
Nigerians Seek Alternative Migration Routes Amid Dollar Squeeze and Stricter Visa Policies
As Nigeria grapples with a worsening foreign exchange crisis, aspiring emigrants are shifting their focus away from traditional destinations like…
African Startup Funding Declines 5% in Q1 2025 Amid Drop in Mega Deals
In the first quarter of 2025, venture capital funding into African startups dropped by 5%, reaching $460 million. This marks…
PMI Global Summit Series Africa Returns to Rwanda in 2025 with Focus on Innovation and Youth Development
The PMI Global Summit Series Africa 2025 is set to take place in Kigali, Rwanda, from August 19 to 21,…
Treasury Yields Rise as Investors Brace for Trump’s Tariff Rollout and Economic Data
U.S. Treasury yields experienced a slight increase on Wednesday as investors eagerly awaited economic data and the rollout of President…
Trump Tariffs Set to Strike Italian Companies Hard, Warns Business Lobby
The head of Confindustria, Italy’s leading business lobby, Emanuele Orsini, warned that U.S. President Donald Trump’s new tariffs could have…
Investors Turn Bearish on U.S. Dollar Amid Trump Tariff Concerns
As U.S. President Donald Trump prepares to roll out new tariffs, investors are shifting away from the U.S. dollar, showing…
China Urges Banks to Boost Credit Support for Technology Firms
China’s National Financial Regulatory Administration has called on banks to increase their issuance of credit loans and medium- and long-term…
Luxshare Considers Hong Kong Listing to Raise up to $3 Billion
China’s Luxshare Precision Industry, a major supplier for Apple, is reportedly exploring a potential listing in Hong Kong this year.…