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.
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.
China will tax condoms and contraceptive drugs from 2026 to encourage childbirth as births fall. Experts warn of risks like unplanned pregnancies. Read more on this policy shift.
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
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.
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.
Nigerian Ports Authority reports a massive 1,085% jump in export containers, with total cargo throughput reaching 33.5 million metric tonnes in Q3 2025. Read the full analysis of Nigeria's booming maritime trade.
Nigeria's former ambassador to China, Uthman AbdulAzeez, has passed away at 71 after a brief illness. Read tributes from Kwara governor and his legacy in intelligence and diplomacy.
China's retail sales grew at the slowest pace in nearly three years in November, data shows. Weak domestic demand contrasts with strong exports, highlighting economic challenges. Read the full analysis.
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.
Governor Uba Sani finalises a $200m poultry deal with China, set to create 350,000 jobs and generate $450m annually for Kaduna State. Read the full story.
Truck Transit Parks' ETO platform has increased agricultural exports by over 464% since 2021. It plans expansion to five more states and new tech to cut port delays in 2026.
The Nigerian Ports Authority is enhancing port-hinterland connectivity to streamline non-oil exports from the North. Learn about new Export Processing Terminals and digital reforms.
WTO DG Ngozi Okonjo-Iweala and Nigeria's Minister Jumoke Oduwole warn developing countries that sidelining services trade risks growth. Africa holds just 2% of global share. Read more.
China pledges zero-tariff access for Nigerian exports, accelerating economic ties. This move aims to deepen bilateral cooperation and mark 55 years of diplomatic relations. Explore the details and implications for Nigeria's trade future.
China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.
African Swine Fever detected in Spanish wild boars, causing major trade disruptions. Nigeria's importers should monitor the situation closely for potential market impacts.
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
Algerian & Nigerian customs pledge stronger collaboration on training, modernization & trade facilitation. Delegation from Nigeria studies Algeria's oil export procedures to boost efficiency.
At the 2025 G20 Summit in South Africa, China and Africa launched a landmark initiative for joint modernisation. Learn how this partnership aims to tackle debt, boost tech, and reshape global governance for the Global South.
TY Logistics Park launches in Lekki to reverse Nigeria's $1.7bn annual logistics drain with a tech-driven model. Discover how it cuts costs and boosts SME exports.
China leverages electric vehicle expertise to lead flying car revolution. Learn how EV technology and government support position China ahead in the $41 billion low-altitude economy race.
A Nigerian lady's TikTok video reveals Nigerian men selling African food in China, sparking reactions about diaspora struggles. Watch the trending footage.
Beijing official warns of potential bubble in China's booming humanoid robot sector with over 150 companies. Industry faces overcapacity despite rapid AI growth.
Japan's Prime Minister Sanae Takaichi faces economic challenges as China tensions escalate and inflation threatens her political honeymoon. Will her stimulus package work?
NEPC and FMITI host a webinar to unlock UAE market prospects for Nigerian exporters, aiming to bridge a $1.5 billion trade deficit and boost non-oil exports.
Kano State forges stronger economic and social partnerships with France and China, focusing on water reform, investment, and sustainable development for the people.
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.
A Nigerian lady from Imo State breaks down in tears during her first ride in a self-driving car in China. Her emotional video triggers mixed reactions online as she celebrates breaking generational records.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.