Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
Category : Search result: trade costs
EU Seeks More US Tariff Exemptions in Key Talks
EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.
Nigerian Family's £6,777 Monthly UK Expenses Exposed
A Nigerian woman living in the UK breaks down her family's monthly expenses totaling £6,777. Discover mortgage costs, childcare expenses and public reactions to their budget.
Afghanistan Diversifies Trade Amid Pakistan Dispute
Afghanistan is urgently seeking new trade partners after a border clash with Pakistan. The Taliban government is turning to Iran and Central Asia as $100 million in losses hit traders. Discover the economic fallout.
Speed Darlington Installs Barbed Wire After Rejecting Quote
Nigerian rapper Speed Darlington shares DIY barbed wire installation video after dismissing handyman's ₦100k quote. Netizens react to rising labor costs and DIY culture.
Trump Tariffs Cause 5.1% Drop in US August Imports
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
German Rail Project Stuttgart 21 Faces New Delay
Germany's massive Stuttgart 21 rail project faces indefinite delays due to technical issues, with costs doubling to €11 billion. Discover the infrastructure challenges plaguing Europe's largest economy.
China Overtakes US as Germany's Top Trade Partner
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
EU cuts 2026 eurozone growth forecast over trade tensions
The EU has revised its 2026 eurozone growth forecast down to 1.2% due to global trade tensions. Inflation is expected to fall below the ECB's target. Discover the full economic impact.
Hidden Mental Health Burden in Older Adults Exposed
Ghanaian economist Michael Somuah's research reveals untreated psychological distress in older adults with functional limitations costs healthcare systems billions. Discover proactive solutions.
Build-to-Sell Strategy Takes Over Nigerian Property Market
Nigerian developers shift to build-to-sell model amid rising construction costs and economic volatility. Learn how this affects housing affordability and market dynamics.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
US stops penny production after 232 years
The United States has minted its last circulating penny, ending 232 years of production. Discover why this cost-saving move matters and what happens next to your coins.
Cooking Gas Prices Drop by Over N900 per Kg
Nigerians celebrate as cooking gas prices drop significantly, with marketers promising further reductions ahead of festive season. Major suppliers including NNPCL slash prices.
Redeemer's University 2025 School Fees Breakdown
Complete guide to Redeemer's University school fees for 2025/2026 session. Learn payment procedures and costs for all courses including Law, Nursing, and Engineering.
China Praises Nigeria Amid Trump Tariff Threats
Chinese Embassy in Abuja celebrates Nigeria-China relations as Donald Trump threatens 60% tariffs on Chinese imports, highlighting Nigeria's growing global importance.
Cedric Masters Unveils New Pickup Brand at Lagos Fair
Nigerian automotive company Cedric Masters prepares to launch groundbreaking pickup vehicles at Lagos International Trade Fair, promising innovative features tailored for African terrain.
High Taxes Threaten Nigerian Airlines' Survival
Aviation specialists sound alarm over multiple taxation threatening airline survival in Nigeria. Discover how high operational costs are pushing carriers toward collapse.
France-Nigeria Forge New Economic Partnership with Billions in Investments
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
Nigeria-Ghana Customs Deepen Fight Against Illegal Trade
In a landmark move, Nigerian and Ghanaian customs authorities have strengthened their partnership to tackle cross-border illicit trade while promoting regional economic integration across West Africa.
Lekki Deep Sea Port Severely Underused - NPA
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
Merz Backs EU Plan to Protect Steel from Chinese Imports
German opposition leader Friedrich Merz supports EU emergency measures to protect European steel industry from cheap Chinese imports, signaling major trade policy shift.
China Deepens Nigeria Ties with CIIE Invitation
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Northern Industrialists Support 15% Electricity Tariff Hike
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
iFitness Gym Announces Major 2025 Price Hike
Nigerian gym-goers are in shock as iFitness announces significant membership fee increases starting January 2025. Discover the new pricing structure and member reactions.
Nigeria Businesses Eye China Trade Boost at Shanghai Expo
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
France Urges EU Sanctions Against Shein Over Labour Concerns
French officials demand EU-wide investigation into Shein's supply chain amid forced labour allegations. Learn how this could impact fast fashion in Europe.
Nuli Boosts Africa's Economic Diversification & US Exports
Nuli announces strategic initiative to boost Africa's economic diversification and increase exports to United States, creating new opportunities for continental growth.
US-Nigeria Rift May Widen Poverty - Economist
Renowned economist Professor Godwin Owoh warns that deteriorating relations with the United States could have devastating consequences for Nigeria's economy, potentially pushing millions into poverty and stalling development.
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