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Trade
Japan Confirms Forex Excluded from US Trade Deal, Eases Yen Pressure Concerns
Japanese Finance Minister Katsunobu Kato announced that the recent bilateral trade agreement between Japan and the…
Nigeria Targets $1 Trillion Economy by 2030 Through “Nigeria First”…
The Federal Government of Nigeria has reaffirmed its commitment to achieving a $1 trillion economy by 2030 through…
BRICS Tariff Threat: MAN Says US Action Could Spur Intra-African Trade, But Warns…
The Manufacturers Association of Nigeria Export Promotion Group (MANEG) has weighed in on the United States'…
Global Markets Dip as Trump Threatens New Tariffs on EU and Mexico
Wall Street and European share futures slipped slightly in early Asian trading on Monday after former U.S.…
Stakeholders Rally Behind Intra-African Trade to Drive Economic Growth and…
Nigeria is intensifying efforts to accelerate the implementation of the African Continental Free Trade Area…
US Consulate Celebrates 249th Independence Day in Lagos, Strengthens Economic Ties…
In a vibrant ceremony held at the U.S. Consul General’s Residence in Lagos, the United States Consulate marked its…
Treasury Yields Dip as Trump’s $3.9 Trillion Spending Bill Awaits Senate Decision
U.S. Treasury yields edged lower on Monday morning as market participants closely watched developments surrounding…
Global investment decline may worsen due to tariffs, UN trade agency warns
Global foreign direct investment (FDI) declined for the second year in a row in 2024, and projections for 2025…
NGX, SEC Strengthen Ties with China to Boost Cross-Border Capital Market…
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are intensifying efforts to…
Global Trade Rattled as Israel-Iran Conflict Drives Oil Prices and Inflation Surge
The renewed hostilities between Israel and Iran have ignited fresh concerns across global energy markets, with oil…
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,…