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NNPC remitted N14.7tn to FG in 2025 –

  • 12th February 2026

Nigeria records $21bn capital inflows in 2025

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Collaboration key to boosting Africa’s energy sector –

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Foreign shipping firms must obey tax laws- FIRS

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US House rejects Trump’s tariffs on Canada despite threats

United States House lawmakers voted Wednesday to reject Donald Trump’s tariffs on Canadian goods. The vote swept aside the president’s last-gasp threat of election consequences for Republicans. It delivered a rare rebuke on his signature economic policy. The measure, brought by Democrats, was approved 219-211. Six Republicans joined the effort to pass the resolution. The […]

India seeks to keep US trade talks on track despite tariff hike
Policy and Regulations

Trump imposes tariffs threat on nations selling oil to Cuba

United States President Donald Trump signed an executive order on Thursday that threatens to impose additional tariffs on countries selling oil to Cuba. The move significantly increases economic pressure on the communist-led island nation. The executive order, released by the White House, states in part: “An additional ad valorem (estimated value) duty may be imposed […]

Nigeria-China trade hits $23bn - Envoy
Economy

US tariff: UK PM leads race in trade ties with China

Britain’s Keir Starmer is the latest Western leader to heat up trade ties with China in a shift analysts say is driven by US tariff pressure and unease over Donald Trump’s volatile policy playbook. The prime minister’s Beijing visit this week to promote “pragmatic” co-operation comes on the heels of advances from the leaders of […]

India seeks to keep US trade talks on track despite tariff hike
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Trump announces tariff hike on South Korean imports

President Donald Trump said on Monday that the United States will raise tariffs on imports from South Korea, citing the failure of the country’s National Assembly to ratify a trade framework unveiled last year. In a social media post, Trump said duties would increase on South Korean automobiles, lumber and pharmaceutical products, while tariffs on […]

Trump Media to raise $2.5bn for bitcoin investment
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European leaders unite against Trump’s Greenland tariff threat

European leaders on Sunday strongly criticised United States President Donald Trump’s threat to impose tariffs on several countries because of their opposition to his desire to acquire Greenland. Several European nations, including Denmark which holds sovereignty over Greenland as an autonomous territory, declared that they “stand united” against Trump’s demand. “Tariff threats undermine transatlantic relations […]

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S’African exporters shift focus to Africa amid US tariffs

South African agricultural exporters are expecting higher United States tariffs to persist as the diplomatic rift between Pretoria and Washington continues. In response, these exporters are actively seeking alternative markets on the African continent. Danie Dörfling, the head of business development at Moore Infinity, informed Business Times that liberalized trade policies could boost intra-Africa trade […]

India seeks to keep US trade talks on track despite tariff hike
News

US Supreme Court grills Trump administration on tariff authority

The justices of the United States Supreme Court, including its conservative members, repeatedly posed critical questions to the administration of President Donald Trump on Wednesday as they heard arguments concerning the president’s authority to impose sweeping tariffs. The central issue before the court is whether the president can take such unilateral trade actions under a […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
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China, US extend tariff suspension for one year after talks

China said on Wednesday it would extend a suspension of additional tariffs on United States goods for one year, making official an agreement reached in talks between Presidents Xi Jinping and Donald Trump last week. The two leaders held discussions in South Korea at the end of October that effectively extended a delicate truce for […]

Trump signs executive order establishing US Bitcoin reserve
Economy

China opposes economic pressure amid US tariff threats

Beijing has criticized the use of “economic pressure” after United States President Donald Trump suggested he would hike tariffs on buyers of Russian oil to stifle Moscow’s funding for its war in Ukraine. Trump proposed broadening tariffs on Russian oil buyers, including China and India, if the European Union takes similar moves. According to a […]

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