The White House has confirmed that a 104 percent tariff on Chinese imports will take effect from April 9, making it one of the most aggressive...
Nigeria’s trade relationship with the United States faces a new challenge following President Donald Trump’s imposition of a 14 percent tariff on all Nigerian exports to...
Nigeria’s agricultural trade recorded a major shift in 2024 with exports surpassing imports for the first time in five years. Official data show that the sector’s...
Shipping operators have raised concerns over rising port charges in Nigeria and warned that excessive costs will push businesses to neighbouring countries. Following a 15 percent...
China’s exports reached a record $540 billion in the first two months of the year, defying heightened U.S. tariffs and the threat of further trade restrictions....
A growing number of importers are bypassing Lagos ports for Togo, Ghana and Benin as escalating charges at Nigerian ports disrupt their operations. According to people...
Mali, Africa’s largest cotton producer, is set to invest $40 million in clean energy as part of a broader effort to enhance its competitiveness in the...
The Nigeria Customs Service (NCS) has suspended the implementation of the 4 percent Free-on-Board (FOB) import levy following concerns raised by businesses over the additional financial...
The United States has reignited global trade tensions by imposing new tariffs on imports from China, Canada and Mexico despite the heightened global risk due to...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is set to address long-standing challenges faced...