Canada Government Fate Hangs on Budget Vote
Canadian PM Mark Carney's Liberal government faces potential collapse as parliament votes on crucial budget to counter Trump tariffs. Will the government survive? Read more.
Category : Search result: import tariffs
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
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.
Suspended 15% Import Duty Threatens Domestic Refining
The CPPE warns that suspending the 15% import duty on fuel and diesel jeopardizes Nigeria's domestic refineries and energy security. Learn why this policy reversal risks billions in investments.
MURIC faults fuel import tariff suspension, demands reversal
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
PAACA Hails 15% Fuel Tariff Suspension by Government
PAACA commends Nigerian government for suspending 15% fuel import tariff, calling it evidence-based advocacy success. Learn how civic engagement influenced policy reversal.
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.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
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.
EU Ends Duty-Free Chinese Imports Under €150
EU states agree to remove duty exemption on small parcels from China to combat unfair competition. New €2 handling fee and earlier 2026 implementation planned.
Swiss minister in Washington for third tariff talks
Switzerland's economy minister Guy Parmelin returns to Washington seeking relief from 39% US tariffs threatening Swiss exports. Negotiations continue as watchmakers lobby Trump.
FG Suspends 15% Fuel Import Duty, Price Crash Looms
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
Nigerian Businesses Ignoring Lekki Deep Sea Port - NPA
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
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.
Dangote Refinery Withdraws Lawsuit Against NMDPRA
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Merz Backs EU Plan to Protect Steel from Chinese Imports
German opposition leader Friedrich Merz supports EU emergency measures to protect European steel industry from cheap Chinese imports, signaling major trade policy shift.
China Deepens Nigeria Ties with CIIE Invitation
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Nigeria Businesses Eye China Trade Boost at Shanghai Expo
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
US Supreme Court Skeptical of Trump Tariff Legality
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
Swiss Execs Meet Trump Over Tariff Threats
Top Swiss executives held emergency talks with former President Donald Trump about potential tariffs that could shake global trade. Discover how this affects African economies like Nigeria.
Trump Tariff Threat Shakes Nigeria-US Trade Relations
Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian economy.
BMW Boosts Profitability Despite China Tariff Challenges
German automaker BMW showcases remarkable resilience as it navigates China's new tariff landscape while posting strong financial performance and maintaining competitive edge.
Toyota Raises Profit Forecast Amid Nigerian Tariff Concerns
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Trump-Xi Trade Talks: Global Economic Implications
As Trump and Xi prepare for crucial trade discussions, global markets watch closely. Discover the current state of China-US trade relations and potential outcomes.
15% Import Tariff: New Burden for Nigerians?
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
Tinubu's 15% Petrol Tax Sparks Marketers' Outrage
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
Trump Tariffs Face Supreme Court Challenge - Nigeria Impact
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
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