FG to expand Nigeria’s digital service providers across Africa
The Federal Government, through the Ministry of Industry, Trade, and Investment, has launched a new initiative to help Nigerian digital service providers…
Business
Global tech stocks rise after Trump exempts electronics from tariffs
Global Tech stocks rose on Monday after the United States exempted electronics such as smartphones and computer hardware from its high tariffs…
Nigeria secures $1b investment to boost sugar production
Nigeria has secured a $1 billion investment through a strategic partnership with Chinese conglomerate SINOMACH to enhance the nation’s self-sufficiency in sugar…
Trump to unveil new semiconductor tariffs next week
The United States President Donald Trump announced on Sunday that he would unveil new tariffs on semiconductors “within the next week,” continuing…
China welcomes US electronics tariff exemption, calls it minor progress
China has described the United States decision to exempt certain consumer electronics from its tariffs as a minor but welcome step toward…
Nigerian tech development hits N34.3bn growth in 2024
Several Nigerian banks reported strong profit growth in 2024, which is significantly benefiting the country’s technology ecosystem as their contributions to the…
China strikes back, raises tariffs on US goods to 125%
China responded on Friday to United States President Donald Trump’s tariff hikes by raising its own tariffs on American goods from 84%…
Prada to buy Versace for $1.4b
The Prada Group has announced its acquisition of Italy’s Versace from Capri Holdings for 1.25 billion euros ($1.4 billion). Prada stated that…
Cristiano Ronaldo marks movie-making debut with new film studio
Cristiano Ronaldo and British film producer Matthew Vaughn have teamed up to create an independent film studio, UR-Marv. This marks Ronaldo’s debut…
EU delays planned tariffs on US imports after Trump’s 90-day pause
The European Union has decided to pause its planned retaliatory tariffs on a range of United States goods for 90 days, as…
Trump imposes 90% tariff on Temu, Shein packages from China
President Trump has signed an executive order that increases tariffs on low-value packages sent from China to the United States through the…
Air Algeria picks SAHCO as official ground service partner
Skyway Aviation Handling Company has secured the contract to provide ground handling services for Air Algeria, marking a new milestone in their…