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OPEC Revises Oil Demand Growth Forecast Over US Tariffs

The Organisation of the Petroleum Exporting Countries (OPEC) on Monday slightly cut its forecast for oil demand growth, citing the impact of US tariffs on the world economy.

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures

AfDB Warns of Disaster if US Tariffs Spark Retaliatiry Measures President of the African Development Bank Group (AfDB), Akinwummi Adesina, has warned African countries not to impose retaliatory tariffs against the United States’ Government, as such an action could only bring disaster to their economy. Adesina...

FG Establishes Sub-Committee to Assess Impact of Trump Tariffs

FG Establishes Sub-Committee to Assess Impact of Trump Tariffs   The Federal Government is reviewing the possible effects of the unfolding international tariff regimes and shifts in global commodity prices. The Economic Management Team (EMT) chaired by the Minister of Finance and Coordinating Minister of the Economy,...

Trump’s Tariffs Put $10bn US-Nigeria Trade at Risk

Trump's Tariffs Put $10bn US-Nigeria Trade at Risk   The newly imposed 14 per cent tariff by US President Donald Trump on exports by Nigerian businesses presents a significant risk to the $10bn annual exports to the United States, potentially disrupting key sectors such as oil...

America’s WHO Exit and Africa’s Health Crisis

Some Nigerians with a wrong intent to mock believe that sick people, especially those living with Human Immunodeficiency Virus (HIV) in Africa, particularly Nigeria, are now an "endangered species" due to the United States' withdrawal from the World Health Organisation (WHO).

US Tax Reforms may Reduce FDI in Nigeria – NESG

The Nigerian Economic Summit Group (NESG) has warned that the US President, Donald Trump’s tax reforms may lead to a reduction in foreign direct investment (FDI) to Nigeria.