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Trade
Afreximbank Projects $44 Billion in Trade Deals at IATF 2025 in Bold Push for…
The African Export-Import Bank (Afreximbank) is forecasting over US$44 billion in trade and investment agreements…
Global Economy Slows to Weakest Pace Since 2008, Warns World Bank
The global economy is expected to grow at its slowest rate since 2008—excluding periods of global recession—due to…
Nigeria’s FX Market Soars with $5.96bn Boost, Driven by Local Export and Import…
Nigeria's foreign exchange market witnessed a major uplift in May 2025, with total inflows jumping by 62%…
Naira Holds Firm Below N1,600 as Market Optimism Grows Despite Global Dollar…
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday…
US-China Trade Talks Enter Day Two Amid Tension Over Tech and Tariffs
Trade negotiations between the United States and China resumed in London for a second day, with both sides aiming…
Dollar Edges Up Amid Weak U.S. Data; Euro Holds Steady Before ECB Decision
The U.S. dollar showed modest gains on Wednesday, recovering from earlier losses caused by disappointing economic…
Oil Dips Over 1% as Surging U.S. Fuel Stocks Overshadow Crude Draw and Demand…
Oil prices fell by just over 1% on Wednesday following the release of U.S. government data revealing a sharp and…
Wall Street Edges Up as Tech Gains Offset Economic and Tariff Concerns
U.S. stock markets saw modest gains on Wednesday, buoyed by strength in technology shares despite a slew of…
U.S. Labor Market Shows Signs of Softening Amid Tariff Uncertainty
The U.S. labor market is exhibiting signs of easing as job openings rose modestly in April, but layoffs…
US and India Edge Closer to Trade Deal Amid Intensifying Negotiations
The United States and India are making notable strides toward finalizing a long-anticipated trade agreement,…
U.S. Court Blocks Trump’s Tariffs, Boosting Global Markets and Dollar
Asian stock markets and U.S. futures surged following a ruling by the Manhattan-based Court of International Trade…
Asia-Pacific Markets Mixed as Investors React to U.S. Tariff Postponement and…
Asia-Pacific markets showed a mixed performance on Tuesday as investors digested the implications of U.S.…
Nigeria Strengthens Strategic Ties with China to Boost Industrialisation
The Federal Government of Nigeria has reiterated its strong commitment to deepening its strategic partnership with…
Tinubu at Two: Between Painful Reforms and Hopes of Economic Revival
In his first two years in office, President Bola Tinubu has embarked on a sweeping wave of economic reforms aimed…
Foreign trade payment rises to $267.96m – CBN
Nigeria’s foreign trade payments through Letters of Credit (LCs) increased by 3.68 percent year-on-year to $267.96…
Cardoso: Stronger Naira Set to Boost Nigeria’s Non-Oil Exports and Attract…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has stated that recent monetary reforms have made…
Japan’s Super-Long Bond Yields Hit Record Highs Amid Fears Over Weak Demand and…
Yields on Japan’s super-long government bonds surged to historic highs on Tuesday, fueled by investor concerns…
Cornelius Renews Push for Canada-Nigeria Investment Pact Ratification Ahead of…
Pan-African economic strategist and faith leader Cornelius Olajide Babalola has issued a renewed call for the…
Landmark achievements in health, trade under Governor Bisi Onabanjo (1979–1983):…
During Nigeria’s Second Republic, the government of Chief Victor Olabisi “Bisi” Onabanjo (1979–1983) marked a…
Trump Heads to Gulf With Bold Agenda: Oil, AI, Trade, and Nuclear Talks in Focus
President Donald Trump is heading to the Gulf for a high-stakes diplomatic visit, making stops in Saudi Arabia,…
US-China Agree to Slash Tariffs in Breakthrough Deal, Easing Global Economic Fears
In a major development, the United States and China have agreed to cut tariffs to a 10% baseline for 90 days,…
Autos Drive European Markets Up as Trump Hints at Tariff Relief
European markets opened on a strong note Tuesday, with the Stoxx 600 up over 1.2% by mid-morning, powered by a…
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…
Oil Slump and US Tariffs Shake Nigeria’s FX Market, Deepening Naira Volatility
Nigeria’s foreign exchange market has once again come under intense pressure as a mix of falling global oil prices…
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…
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…
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…
African Trade Ministers to Convene on April 14 to Address Impact of U.S. Tariffs
African trade ministers will meet on April 14, 2025, to discuss the potential impact of new tariffs imposed by the…
Nigeria’s exports to ECOWAS hit N1.5tn – NBS
Nigeria's exports to the Economic Community of West African States (ECOWAS) surged to N1.54 trillion in the third…
Nigeria Needs Robust Policies To Boost Foreign Trade – Analysts
Analysts have urged Nigeria’s fiscal and monetary authorities to adopt strategic policies aimed at enhancing…