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UNCTAD wants poorest countries exempted from US reciprocal tariffs
The UN Trade and Development agency (UNCTAD) has urged the US to exempt the world’s poorest and smallest nations from reciprocal tariffs, warning that they could devastate vulnerable economies while only generating minimal revenue for Washington. US President Donald Trump’s…
Trump shields Big Tech from tariff war with exemptions
President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…
Markets respond to Trump’s tariffs pauses on countries, hike on China
Sopuruchi Onwuka Global markets surged Tuesday after former President Donald Trump announced a surprise 90-day pause on new tariffs for more than 75 countries currently negotiating trade terms with the U.S. In a post on Truth Social, Trump said: “I…
Trump’s tariffs, the undercurrents and the fate of AGOA
Sopuruchi Onwuka The sweeping trade tariffs with which President Donald Trump of the United States tends to have upset global trade asserts, once again, the overwhelming influence of the country as the world’s most powerful economy. President Trump imposed only…
Trump becomes new oil price factor
Sopuruchi Onwuka The new economic and trade policies of President Donald Trump of the United States appear to establish as a third major factor in the global oil price dashboards as threats of crippling sanctions on Russian, Venezuelan and Iranian…
Nigeria’s wine import from US hits N13.3 bn in 2024
Sopuruchi Onwuka Nigeria became the largest market in Africa for U.S. wines in 2024 with exports valued at $7.8 million or N13.3 billion in 2024, just as the California Wine Institute organized a specialized seminar to highlight opportunities for mutually…
IWD: Shyllon Museum, others empower Itamapako women leaders
The Yemisi Shyllon Museum of Art (YSMA), Pan-Atlantic University, has reaffirmed its commitment to using art education as a catalyst for empowerment and social development with the successful hosting of the “Leadership Orientation Programme: Cultural Inclusion through the Arts” for…
UK, Nigeria ETI launches Creative Industries Technical Working Group
Sopuruchi Onwuka The United Kingdom and Nigeria have officially launched the Creative Industries Technical Working Group to promote Enhanced Trade and Investment Partnership (ETIP) between businesses in the two countries. According to a statement from the UK High Commission in…
NCD violation: NCDMB’s been in running battle with Sterling Oil __Source
Sopuruchi Onwuka Allegations against Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited on violating numerous labour laws, operating regulations and the Nigerian Content Act in the petroleum industry continue to mass up with revelations that the independent producer retains…
NCDMB applauds as Starzs Gas begin integrated CNG project
Iroaghama rises to VP of Starz Group Sopuruchi Onwuka Nigerian Content Development and Monitoring Board (NCDMB) has restated its resolve to continue functioning as enabler to numerous gas development and utilization projects across the country. Executive Secretary, Engr. Felix Omatsola…
