China considers exempting certain goods from US tariffs
China is reportedly considering suspending its 125% tariff on certain U.S. imports, according to a Bloomberg report. This move is driven by…
Business
BUA Cement’s pre-tax profit jumps 368.58% to N99.741b in Q1 2025
BUA Cement Plc has reported impressive financial results for Q1 2025, with pre-tax profit soaring by 368.58% year-on-year to N99.741 billion. Similarly,…
Afreximbank opens applications for 2025 internship program
The African Export-Import Bank is offering a competitive 6-month Internship Program for students and recent graduates to gain hands-on experience in trade,…
European stocks rise 1.8% as SAP earnings boost STOXX 600
European stocks saw a boost on Wednesday, with the STOXX 600 index rising 1.8% following strong earnings from SAP, Europe’s largest software…
eTranzact, NFIU partner to bridge fintech compliance gaps
eTranzact Plc has reaffirmed its commitment to regulatory compliance by partnering with the Nigerian Financial Intelligence Unit. In a statement on Tuesday,…
FG introduces new tax credit scheme amid reform
The Federal Government is introducing the Economic Development Incentive as part of its ongoing tax reform efforts. This new initiative is designed…
Forex shortage drives rise in local raw material use – MAN
Nigeria’s foreign exchange crunch in 2024 prompted manufacturers to increase their use of local inputs in a bid to cut costs and…
FG generates N6.96bn in mining fees
The Federal Government, through the Ministry of Solid Minerals Development, generated ₦6.96 billion in mining fees and registered 118 new private mineral…
Naira trades at ₦1,845/€ on Easter Monday
The Nigerian naira held firm against the euro on Monday, despite the European currency’s sharp rally against the U.S. dollar in global…
S’Korea uncovers ‘Made in Korea’ breaches intended to bypass US tariffs
South Korea’s customs agency on Monday reported a rise in attempts to mislabel foreign products, particularly those from China, as Korean exports…
Kano, Morocco sign $10bn energy, mineral development deal
The Kano State Government has announced a strategic partnership with leading Moroccan companies aimed at attracting over $10 billion in investments over…
SEC warns social media figures over unregistered investment schemes
The Securities and Exchange Commission of Nigeria has issued a warning to social media influencers and bloggers, cautioning them against promoting unregistered…