Africa’s air cargo industry recorded the steepest drop in global demand in March 2025, with a 13.4 per cent year-on-year decline, according to data released by the International Air Transport …
The Nasarawa State Chapter of the Nigeria Association of Small-Scale Industrialists (NASSI) has entered into a partnership with Dangote Industries Limited to explore new investment opportunities and boost industrial development …
The landing cost of Premium Motor Spirit, popularly known as petrol, has now risen to an average of N870 per litre, according to data from the Major Energies Marketers Association …
The Nigeria Customs Service has intercepted 11 containers loaded with unregistered sex enhancement drugs, expired food items, drones, and other banned products at the Apapa Port in Lagos. The total …
The African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. …
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
The World Trade Organization (WTO) has issued a fresh warning that global trade is facing a serious setback in 2025, with North America expected to take the biggest hit. In …
The United States government has criticised Nigeria for delaying the approval of import permits for American agricultural products. In its 2025 National Trade Estimate Report on Foreign Trade Barriers, the …
African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
South Africa’s currency, the rand, started Thursday morning on the back foot, as global and local uncertainties kept investors cautious. By 6:35am GMT, the rand was trading at 18.8550 against …
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