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Crude Oil: Nigeria’s Export To US May Hit Zero

Crude Oil: Nigeria’s Export To US May Hit Zero The imports of Nigerian crude oil and other West African grades to the United States look set to plunge to nearly zero amid growing shale oil production in the North American country. The US Atlantic Coast imports...

Nigeria Attracts $1.3bn US Investment

Nigeria Attracts $1.3bn US Investment   United States of America’s companies operating in Nigeria invested $1.3bn in the economy in 2017, a survey by the American Business Council has shown. The investment, according to the council, generated over N2.6tn revenue for the 74 American companies that participated...

Osinbajo To Lead Investment Roadshow In US

Osinbajo To Lead Investment Roadshow In US   Vice President Yemi Osinbajo is scheduled to lead a public-private sector collaborative investment roadshow to the United States. He will also be speaking to global industry leaders in information technology and entertainment at the Silicon Valley in San Francisco...

Mexico Imposes Tariffs On $3bn US Exports

Mexico Imposes Tariffs On $3bn US Exports   In retaliation for the Trump administration announcing tariffs on steel and aluminium imports from Mexico and much of the rest of the world, Mexico Tuesday imposed a series of tariffs against US exports to its market valued at...

Oil Prices Rise Over Iran Sanctions

Oil Prices Rise Over Iran Sanctions  Oil prices rose on Thursday, fuelled by expectations the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand. Brent crude oil futures were at 74.27 per barrel at 0643 GMT, up 27...

China’s Trade Surplus With US Surges In Q1

China’s Trade Surplus With US Surges In Q1     China’s trade surplus with the United States surged by a fifth in the first three months of the year, rising 19.4 percent year-on-year to $58 billion in January-March, with exports up 14.8 percent and imports 8.9 percent...