African Trade Ministers to Address Trump’s Tariff Threat
African Trade Ministers from across the continent are convening on Monday, April 14, 2025, to discuss the newly announced tariffs…
Category: International
Trump’s Commerce Secretary Warns of Future Tariffs on Tech Products
The U.S. tech industry’s temporary relief from tariffs may soon come to an end, according to Commerce Secretary Howard Lutnick.…
Trump’s Escalating Trade War with China Poses High Stakes for U.S. Economy
President Donald Trump’s trade war with China has reached a critical juncture, as rising tariffs threaten to push the U.S.…
European Stocks Surge on Tech Tariff Reprieve, But Uncertainty Lingers
European markets rebounded sharply on Monday, with the pan-European Stoxx 600 index climbing 2.2% as all sectors turned green. Technology…
Japan’s Stocks Drop Amid Trade War Tensions as U.S.-China Relations Sour
Asian markets experienced mixed trading on Friday, with Japan’s Nikkei 225 falling nearly 3% amid escalating trade war tensions between…
Xi Jinping Breaks Silence on U.S. Trade War: “China Is Not Afraid”
In his first public statement since tensions reignited between the United States and China, President Xi Jinping declared that China…
Google Slashes Prices to Woo U.S. Agencies, Challenges Microsoft’s Government Stronghold
In a bold move to challenge Microsoft’s dominance in the U.S. government software market, Google has announced a significant price…
Nigeria’s Economy Faces Strain as Global Oil Prices Drop to Four-Year Low Amid US-China Tariff War
Global oil prices have plunged to a four-year low due to escalating US-China trade tensions and rising concerns over supply…
Nigeria’s Eurobond Market Faces Turmoil Amid U.S.-China Trade War
Nigeria’s Eurobond market has been hit hard by the global financial turbulence sparked by U.S. President Donald Trump’s announcement of…
US-China Trade War Could Slash Global GDP by 7%, WTO Chief Warns
World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala has warned that the ongoing trade war between the United States and China…
Experts Urge Dialogue as Nigeria Braces for Impact of Trump’s 90-Day Tariff Pause
In the wake of U.S. President Donald Trump’s announcement of a 90-day pause on tariff hikes, experts are calling for…
Bitcoin Rebounds Above $82K Following Trump’s 90-Day Tariff PauseCryptos, Markets
U.S. President Donald Trump’s recent announcement of a temporary 90-day pause on tariffs for most global trading partners, excluding China,…
European Stocks Surge 4.9% After U.S. Tariff Pause
European markets experienced a sharp rally on Thursday, with the pan-European Stoxx 600 rising 4.9% by mid-morning. The surge followed…
5G Could Add $26 Billion to Africa’s GDP by 2030, Says GSMA
Africa is at the early stages of adopting fifth-generation (5G) mobile technology, but its economic potential is already making waves.…
Google’s James Manyika Highlights AI’s Potential for Transforming Africa’s Future
James Manyika, Google’s Senior Vice President for Research, Labs, Technology & Society, has outlined key areas where Artificial Intelligence (AI)…
Global Markets Soar After Trump Halts Tariff Plans, but China Faces Increased Duties
Global stock markets experienced a significant boost on Wednesday following President Trump’s surprising announcement of a 90-day pause on his…
Nigeria Can Withstand U.S. Tariff Hike with Strategic Reforms – Trade Leader
The Vice President of National and International Affairs for the West African Cross Border Traders group, Salami Nasiru Alasoadua, has…
Crude Oil Plunges to $60 as China Strikes Back with Steep Tariffs
Crude oil prices plunged on Wednesday, with Brent falling to $60.46 per barrel, down from $63 the previous day, and…
Global Economists Condemn Trump’s Tariffs, Warning of Recession and Disruptions
Economists around the world are raising alarms about the potential consequences of President Donald Trump’s sweeping tariffs, which have escalated…
European Stocks Plunge 3% Amid Trump’s Tariff Implementation, Market Uncertainty Rises
European stocks faced a steep decline on Wednesday, with the pan-European Stoxx 600 index dropping 3.08% by mid-morning in London.…
Bond Selloff Signals Global Market Turmoil Amid U.S. Tariff Escalation
U.S. Treasuries experienced significant losses as a global market rout was sparked by the imposition of high U.S. tariffs, leading…
Adesina Advocates for Stronger Global Partnerships to Boost African Economic Growth
Dr. Akinwumi Adesina, President of the African Development Bank Group, emphasized the importance of fostering global alliances to enhance economic…
Trump’s 14% Tariff Imposes Risks on N323.96bn Nigerian Non-Oil Exports to the US
US President Donald Trump’s newly implemented Universal Baseline Tariff, announced on April 2, 2025, has placed a significant portion of…
Crypto Market Crashes as Trump’s Tariffs on China Trigger Financial Chaos
The cryptocurrency market has been hit hard following the implementation of U.S. President Donald Trump’s tariffs on Chinese goods. Bitcoin…
Trump Imposes 104% Tariff on China Following Failed Deadline, Intensifying Trade Tensions
The Trump administration has escalated its trade war with China by imposing a significant 104% tariff on Chinese imports. This…
IMF Warns of Increased Funding Requests from Africa Amid U.S. Tariff Fallout
The International Monetary Fund (IMF) is bracing for an influx of funding requests from African nations, as the economic consequences…
Trump’s New Tariffs Shake Global Markets, Pushing Stocks into Decline
US President Donald Trump’s latest round of tariffs, including a striking 104% duty on Chinese goods, took effect on Wednesday,…
Africa’s $60 Billion AI Bet: Ambitious but Lags Behind Global Rivals
Africa has set an ambitious goal with a $60 billion investment into Artificial Intelligence (AI) development, representing 2.2% of the…
Trump’s Tariffs Threaten U.S. Economy and New York’s Future, Warns Senator Schumer
Senator Chuck Schumer has sharply criticized former President Donald Trump for the economic fallout caused by his tariff policies, claiming…
Nigeria Stocks Join Global Decline Amid Tariff Turmoil, Investors Lose N659bn
Nigeria’s stock market suffered significant losses, mirroring a global downturn triggered by U.S. President Donald Trump’s tariffs. On April 7,…