Norway Council Calls for Stockfish Handler Training
The Norwegian Seafood Council urges NAFDAC to train Nigerian stockfish traders on safe preservation, warning against chemical use like sniper. Experts confirm natural drying process.
Category : Search result: import tariffs
Nigeria Suspends 15% Fuel Import Duty Amid Backlash
The Nigerian government suspends a controversial 15% fuel import duty to avoid festive season price hikes. Experts warn of policy inconsistency and the need for long-term energy security. Read more.
China Imposes High Tariffs on EU Dairy Products
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Africa's Fuel Import 'Slavery' Persists Despite New Refineries
Africa remains trapped in fuel import dependence despite new refineries. This analysis reveals the structural barriers, from fragmented standards to poor infrastructure, that keep the continent vulnerable to global shocks. Discover the path to true energy
Nike Shares Slump After China Sales Drop 17%
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
Customs Imposes 3% Penalty on Banks for Late Duty Remittances
The Nigeria Customs Service announces a 3% penalty for banks delaying stamp duty remittances. Defaulters risk public exposure and deactivation from the B'odogwu platform. Read the full details.
US Inflation Cools Unexpectedly in November
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
China Imposes 5-Year Anti-Dumping Duties on EU Pork
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
China imposes 5-year anti-dumping duties on EU pork
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
Trump Tariffs Hit Canadian Snowplow Exporter Hard
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
Macron warns China on EU tariffs over trade deficit
French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
US-UK Pharma Deal: Tariffs Lifted, NHS Drug Prices Rise
The US has exempted UK pharmaceuticals from import tariffs in a new trade deal. In exchange, Britain's NHS will pay 25% more for new US drugs. Read the full details and implications here.
Rice Price Drops in Lagos, Farmers Predict More Cuts
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
Hungary's Hollywood on Danube Faces Trump Tariffs
Hungary's booming $1 billion film industry, dubbed 'Hollywood on the Danube,' faces existential threat from proposed US tariffs. Learn how this impacts global film production.
India's economy grows 8.2% despite US tariffs
India's economy expanded 8.2% in July-September 2025, beating forecasts but facing pressure from US tariffs. Learn how this affects global trade and Nigeria's economic outlook.
Import Gmail Contacts to iPhone: Quick Guide
Learn how to transfer Gmail contacts to iPhone using 3 proven methods. Sync contacts instantly via Settings, iCloud, or third-party apps. Complete Nigerian guide.
US Farmers Struggle with Tariff-Driven Cost Increases
American farmers and businesses report soaring production costs due to Trump's tariffs, contradicting White House affordability claims as Thanksgiving approaches.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
Petrol Prices Fall Below NNPC Rate Amid Import Surge
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
4 Economic Policies Tinubu Suspended After Backlash
President Tinubu's administration suspended 4 major economic policies following public outcry. Learn about the reversed decisions and their impact on Nigeria's economy.
Europe's Economy Vulnerable to Shocks: ECB Chief
ECB President Christine Lagarde warns Europe's export model is faltering amid US tariffs and AI competition. Urgent reforms needed to boost resilience.
Trump Tariffs Cause 5.1% Drop in US August Imports
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
Nigeria's N777 Billion Arms Import Bill Revealed
National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.
China Overtakes US as Germany's Top Trade Partner
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
Trade Tensions Overshadow COP30 Climate Negotiations
Climate negotiations at COP30 face new challenges as trade disputes over carbon taxes and Chinese EV tariffs threaten global cooperation on emissions reduction targets.
Nigeria imports 4.8M tonnes of wheat yearly - PBAN
PBAN laments Nigeria's heavy reliance on wheat imports, revealing 4.8M tonnes are imported yearly. Insecurity and high costs have forced 40% of bakeries to close. Read more.
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