Adidas warns Trump’s tariffs may raise US sneaker prices
Adidas has cautioned that import tariffs imposed during President Donald Trump’s administration could drive up prices in the United States for popular…
Business
FIRS orders banks to shut unauthorized tax accounts
The Federal Inland Revenue Service has directed all Nigerian banks to immediately identify and close any tax and levy collection accounts not…
Nigeria’s non-oil exports rise to $1.79bn in Q1 2025 – NEPC
Alex Omenye Nigeria’s non-oil exports have risen to $1.791 billion in the first quarter of 2025, marking a 24.75 per cent increase…
2025 budget inadequate for Nigeria’s social infrastructure needs, NESG warns
The Nigerian Economic Summit Group has raised concerns over the 2025 federal budget, labeling it inadequate to address Nigeria’s pressing social and…
British High Commission praises UK-Nigeria collaboration
The British High Commissioner to Nigeria, Dr. Richard Montgomery, has praised the collaborative efforts between the UK and Nigerian governments in boosting…
Chinese manufacturers cut production, seek new markets amid US tariffs
Chinese manufacturers are scaling back production and seeking new markets as United States tariffs take a toll, according to companies and analysts.…
PenCom targets power firms in crackdown on pension non-compliance
The National Pension Commission is escalating its efforts to recover billions of naira in unpaid pension contributions from electricity generation and distribution…
Dangote refinery denies reports of petrol processing unit shutdown
Dangote Petroleum Refinery, located in Lekki, Lagos State, has dismissed reports suggesting a shutdown of its petrol processing unit for maintenance. The…
Toyota explores $42b investment for potential buyout of parts supplier
Toyota Motor Corp announced on Saturday that it is evaluating various options, including a partial investment, for a potential buyout of Toyota…
NNPC Gas to acquire 5.2 million SCFD CNG facility
NNPC Gas Marketing Limited, a subsidiary of the Nigerian National Petroleum Company Limited is making a strategic move to expand Nigeria’s Compressed…
Nigeria shifts focus from concessional funding to revenue mobilisation — Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the country is shifting focus from concessional…
Private jet demand drops as tariffs worry potential buyers – Report
Commercial air travel is seeing a drop in demand, as consumer confidence dips. Even wealthy travelers are scaling back, according to Barclays’…