President Donald Trump’s recent decision to impose fresh tariffs on several imports has sparked serious conversations about the health of the U.S. economy. Many business experts and top economists have …
Politics
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Edo Rep, Esosa Iyawe, Hails Tinubu’s Reconstitution of NNPC Board, Says It Will Boost Energy Sector Reforms
The member representing Oredo Federal Constituency in the House of Representatives, Hon. Esosa Iyawe, has praised President Bola Tinubu for what he described as the “timely and strategic” overhaul of …
- AfricaBusiness and EconomyInternational RelationsPoliticsTrade and Commerce
Trump Pauses Tariff Hikes for 90 Days—China Excluded
United States President Donald Trump has announced a temporary suspension of increased trade tariffs for all countries except China. The pause, which will last for 90 days, was made public …
- BusinessEconomyInternational RelationsPoliticsTrade and Commerce
Trade Among Yourselves to Survive Trump’s Tariff, Ecobank Boss Advises Nigeria
The Chief Executive Officer of Ecobank Transnational Inc., Mr. Jeremy Awori, has called on Nigeria and other African countries to increase trade among themselves in order to reduce the possible …
- AfricaEconomyPoliticsTrade and CommerceZIMBABWE
Mnangagwa Moves to Suspend Tariffs on US Goods Amid Sanctions and Trade Dispute
Zimbabwean President Emmerson Mnangagwa has announced plans to suspend all tariffs on goods imported from the United States. The announcement comes shortly after former US President Donald Trump imposed 18 …
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Libya Set to Launch First Oil Exploration Bid in 17 Years
Libya has announced plans to hold its first oil exploration bidding round in nearly two decades, a major step towards reviving its energy sector. The announcement was made on Monday …
- AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
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South African rand slides as budget vote puts coalition on shaky ground
The South African rand fell sharply on Wednesday following disagreements over the country’s budget vote, raising concerns about the strength of the coalition government. By 16:40 GMT, the rand was …
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EXPLAINER-What to know as a new CEO takes over at Nigeria’s state oil firm NNPC
Nigeria’s President Bola Tinubu has appointed former Shell executive Bayo Ojulari as the new head of the Nigerian National Petroleum Company (NNPC) along with a new board, raising hopes for …
South Africa’s presidency has responded to the latest U.S. tariffs, emphasizing the need for a new trade agreement with Washington to secure long-term trade stability. The statement came after U.S. …