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US Tariff Threatens FX Market as CBN Boosts Liquidity with $197.71m

The global trade war is threatening naira stability following the depreciation of the currency at the close of last week.

Public Analyst Ejike Okpa Defends Trump-Era Tariffs as Necessary Economic Strategy

Public Analyst Ejike Okpa Defends Trump-Era Tariffs as Necessary Economic Strategy Amid ongoing debates about the legacy of former U.S. President Donald Trump's economic policies, public affairs analyst Ejike Okpa has defended the administration’s use of tariffs, describing them as a strategic tool to balance...

Nigeria Hit with 14% U.S Import Tariff

Nigeria Hit with 14% U.S Import Tariff The United States President, Donald Trump, has slammed Nigeria's export to U.S with 14 per cent tariff. Trump said the U.S. will implement “reciprocal tariffs” on all countries of “approximately half” of what they charge us". Under the tariff plan,...

Lesotho Leads with 50%, as Trump Slams South Africa with 30% Tariffs

Lesotho Leads with 50%, as Trump Slams South Africa with 30% Tariffs African Countries of Lesotho, Botswana and South Africa have been hit with U.S President Donald Trump's “red hot” import tariff of 50%, 37% and 30 percent respectively. This announcement was made on Wednesday, speech...

Repositioning Nigeria’s Economy in an Uncertain Global Market, By Umar Farouk Bala

Repositioning Nigeria’s Economy in an Uncertain Global Market By Umar Farouk Bala The return of Donald Trump as President of the United States has reignited concerns about his aggressive trade policies and their global impact. His administration’s protectionist stance, marked by high tariffs on foreign goods,...

Trump Hikes General Import Tariff to 10%, 24% for Japan, 20% EU

Trump Hikes General Import Tariff to 10%, 24% for Japan, 20% EU President of the United States of America, Donald Trump, on Wednesday announced that his government will impose a 10% tariff on all imports and much higher rates for some nations as a stark...