Global Powers Compete for Africa's Resources & Partnership
Africa's vast minerals, youth, and tech hubs are attracting new global partnerships. We analyze the strategies of Europe, China, UAE, India, and the US as they vie for influence.
Category : Search result: trade deficit
Stakeholders Urge Action to Strengthen Lagos PHCs for Universal Health
Health stakeholders in Lagos demand urgent action to fix PHCs, revealing a massive shortage of facilities and doctors. The state needs 2,000 new centres to meet WHO standards and achieve universal health coverage.
Nigeria, UAE Sign Major Trade Agreement on 7,000+ Products
Nigeria and the UAE have signed a historic Comprehensive Economic Partnership Agreement (CEPA), eliminating tariffs on thousands of goods and boosting market access for exporters and professionals.
Rewane: Falling Oil Prices Threaten Nigeria's Budget
Economist Bismarck Rewane warns Nigeria faces fiscal deficits from falling crude oil prices. He projects market growth but urges spending efficiency. Read his full analysis.
Nigeria's Renewal Must Move Beyond Symbolic Optimism
Kingsley Okoeguale argues Nigeria's new year optimism must be backed by structural reform, fiscal discipline & institutional trust to achieve true national renewal. Read the full analysis.
Professionals Advocate New Strategies for FG Housing Scheme
Built environment professionals urge the Federal Government to embed housing strategies into national policy for sustainability. They commend the initiative but call for improved data, infrastructure, and mortgage access.
ActionAid Flags Fiscal Risks in Nigeria's 2026 Budget
ActionAid Nigeria warns the proposed N58.18 trillion 2026 budget threatens fiscal sustainability and neglects social sectors. Read the full analysis and urgent calls for reform.
Kano Inland Container Depot Sees Terminal Record Growth
APM Terminals marks 10 years of its Kano ICD, reporting expansion to 11 shipping lines and 600 monthly containers. The company aims to restore Kano's historic role as a major trade hub for Niger and Chad. Read more.
ActionAid Raises Alarm Over 2026 Budget Sustainability
ActionAid Nigeria warns that the 2026 budget's financing and deficits threaten Nigeria's economy. The NGO calls for transparency and human development focus. Read more.
ActionAid Raises Alarm Over 2026 Budget Sustainability
ActionAid Nigeria warns the proposed N58.18 trillion 2026 budget threatens fiscal sustainability with a record deficit and weak social sector funding. Urgent reforms needed.
Ecobank, Bank of China Partner to Strengthen Financial Ties
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
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.
Developer Urges Coordinated Approach on Housing Challenge
TAF Africa Global's MD, Mustapha Njie, advocates for government incentives and mortgage expansion to address Nigeria's housing crisis during the commissioning of 1,000 homes in Port Harcourt.
Lula to EU: Show courage, sign Mercosur trade deal
Brazil's President Lula da Silva calls on the European Union to finalize the long-delayed Mercosur trade pact, aiming to create the world's largest free trade zone. Read the latest updates.
Sanwo-Olu: Collaboration Key to Bridging Lagos Housing Deficit
Governor Babajide Sanwo-Olu says strong government-private sector collaboration is critical for affordable housing in Lagos. Learn about the state's strategy.
EU-Mercosur Trade Deal Postponed to January 12
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
French Budget Fails, Political Gridlock Worsens
French lawmakers fail to agree on 2026 budget, deepening political crisis. Prime Minister Lecornu faces setback as deficit concerns grow. Read the full analysis.
EU-Mercosur Trade Deal Faces Crucial Vote
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
EU-Mercosur Trade Deal Hits French, Italian Roadblock
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
Edun Contradicts Tinubu on 2025 Revenue Figures
Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. 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.
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.
Lagos MSME Trade Fair Aims to Strengthen Grassroots Economy
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
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.
Expert: Infrastructure Key to Solving Nigeria Housing Crisis
Sokipriye Graham-Douglas calls for government prioritization of infrastructure, social housing, and accessible mortgages to reduce Nigeria's growing housing gap. Read his solutions.
Nigeria Plans Bamboo Homes for Housing Crisis
Nigeria explores bamboo construction to tackle 22 million housing deficit. Federal Ministry of Science and Technology pushes climate-smart solution amid expert concerns about implementation challenges.
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