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.
Category : Search result: automotive trade
Dutch suspend Nexperia takeover in China goodwill move
The Netherlands has suspended its proposed takeover of Chinese-owned chip maker Nexperia as a goodwill gesture toward Beijing. Learn how this decision affects global chip supply chains.
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.
Ports Police Intensify Maritime Security Collaboration
The Ports Authority Police, Western Command, is strengthening ties with NIMASA, NPA, and other stakeholders to enhance security, facilitate trade, and safeguard Nigeria's maritime assets. Learn about the new security initiatives.
UK-Nigeria Trade Mission Opens in Abuja
A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.
Nigeria Showcases EV & CNG Drive at Motor Fair
Nigeria accelerates its green mobility shift at the 25th Abuja Motor Fair, unveiling new EVs, CNG vehicles, and a ₦20bn CreditCorp fund. Discover the future of Nigerian auto industry.
COP30 Draft Deal Lands as Lula Returns to Climate Talks
Brazil presents first draft climate agreement at COP30 as President Lula returns to push for deal. Key issues include climate finance, fossil fuels, and trade measures.
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.
Haitian Gangs Profit from Baby Eel Trade
Criminal gangs in Haiti are enriching themselves through illegal baby eel trafficking to Asia. Learn how this murky trade fuels violence and environmental damage.
Tinubu Warns Fragmented Markets Threaten African Trade
President Tinubu reaffirms Nigeria's commitment to efficient African borders that facilitate trade. Learn how AfCFTA reforms aim to boost intra-African commerce by 2030.
France Reaffirms Commitment to Nigerian Businesses
French Consul General pledges deeper economic cooperation with Nigeria at Lagos business forum. Energy, agriculture, tech sectors identified for growth. Learn about upcoming partnerships.
Tinubu: Fragmented African Markets Limit Prosperity
President Tinubu warns Africa's fragmented markets hinder industrial growth and global negotiation power. He reaffirms Nigeria's commitment to border modernization and AfCFTA success for continental trade.
EU cuts 2026 eurozone growth forecast over trade tensions
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
EU Lowers Eurozone 2026 Growth Forecast Due to Trade Risks
European Commission revises eurozone growth downward to 1.2% for 2026 as trade tensions persist. Inflation expected to rise to 1.9%. Stay informed on economic developments.
Swiss economy contracts 0.5% from US tariffs
Switzerland's economy contracted by 0.5% in Q3 2025 due to high US tariffs, but recent deal lowers rates to 15% and brings $200 billion investment. Read the full analysis.
NDLEA's Marwa promises 'hell' for drug cartels
NDLEA Chairman Marwa warns drug cartels of a tougher crackdown after his reappointment by President Tinubu. New rehab centres and drug tests for students are planned.
France Sends Uranium to Russia Despite Sanctions
Greenpeace exposes France shipping reprocessed uranium to Russia for treatment. Legal but immoral trade continues despite Ukraine invasion. Read full details.
Delta Governor Pushes Industrial Revolution With KFTZ
Delta State Governor Sheriff Oborevwori launches Kwale Free Trade Zone to drive industrial growth and commissions 12.1km road in riverine communities, marking significant development strides.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
New 40,000-Capacity EV Assembly Plant Coming to Nigeria
E.F. Network unveils massive electric vehicle assembly plant in Nigeria, creating 25,000 jobs and transforming the country's auto industry by 2026. Discover the future of green mobility.
AGRA: Food Prices Rise & Fall Across Africa
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
Mexico Auto Industry Fears US-China Tariff Impact
Mexico's massive car industry fears US tariff war will disrupt essential Chinese parts supply, threatening a key export sector. Learn how this impacts global trade.
ILO Strengthens Nigerian Unions for Labour Challenges
ILO enhances Nigerian trade unions' capacity to address unemployment, underemployment, and informal economy challenges through strategic workshop. Join the push for decent work.
African Labour Leaders Chart Peace Pathway in Nairobi
African trade union leaders convene in Nairobi to develop a Peace Charter addressing continent-wide conflicts. Learn how workers are leading stability efforts.
China Praises Nigeria Amid Trump Tariff Threats
Chinese Embassy in Abuja celebrates Nigeria-China relations as Donald Trump threatens 60% tariffs on Chinese imports, highlighting Nigeria's growing global importance.
Cedric Masters Unveils New Pickup Brand at Lagos Fair
Nigerian automotive company Cedric Masters prepares to launch groundbreaking pickup vehicles at Lagos International Trade Fair, promising innovative features tailored for African terrain.
Jetour T2 Hybrid Electric SUV Debuts in Nigeria
Discover the revolutionary Jetour T2 hybrid electric vehicle that's set to transform Nigeria's automotive landscape with cutting-edge technology and rugged capability.
France-Nigeria Forge New Economic Partnership with Billions in Investments
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
Nigeria-Ghana Customs Deepen Fight Against Illegal Trade
In a landmark move, Nigerian and Ghanaian customs authorities have strengthened their partnership to tackle cross-border illicit trade while promoting regional economic integration across West Africa.
Lekki Deep Sea Port Severely Underused - NPA
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
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