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UK To Ban Ivory Sales

UK To Ban Ivory Sales The United Kingdom(UK) is set to introduce “one of the world’s toughest” bans on ivory sales in a bid to protect elephants for future generations, the country’s Environment Secretary announced Tuesday. The prohibition will introduce tighter legislation covering ivory items of...

U.S. Stocks fall as Tariff Wars Rage

U.S. Stocks fall as Tariff Wars Rage U.S. stocks fell on Monday as China’s decision to raise import tariffs on U.S. products revived global trade war fears and technology stocks remained under pressure. The Dow Jones Industrial Average (DJI) fell 69.28 points, or 0.29 percent, to...

Trade War Unsettles Stocks in US, China

Trade War Unsettles Stocks in US, China The trade war ignited by U.S President Donald Trump against China has caused a dip in the stock markets of both countries. The Dow Jones industrial average dropped more than 700 points as investors worried that trade tensions between...

China Merges Banking, Insurance Regulators

China Merges Banking, Insurance Regulators China unveiled plans on Tuesday for the biggest shakeup of government in at least a decade, including the merger of its banking and insurance regulators to better handle financial risks as leaders look to address concerns over a growing debt...

IMF’s Lagarde to Trump: No Winner in Trade War

IMF’s Lagarde to Trump: No Winner in Trade War The International Monetary Fund’s Managing Director Christine Lagarde has said that nobody wins in a trade war and that the macro-economic impact of U.S. tariffs on imports would be serious if other countries respond with tariffs...

China, Nigeria bilateral trade hit N4.97trillion

China, Nigeria bilateral trade hit N4.97trillion The Consul-General of the People’s Republic of China in Lagos, Mr Chao Xiaoliang, says bilateral trade between China and Nigeria in 2017 amounted to about N4.97 trillion (13.78 billion dollars). Chao made the announcement at the celebration of the Chinese...