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.
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.
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.
A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.
Nigeria accelerates its green mobility shift at the 25th Abuja Motor Fair, unveiling new EVs, CNG vehicles, and a ₦20bn CreditCorp fund. Discover the future of Nigerian auto industry.
President Tinubu reaffirms Nigeria's commitment to efficient African borders that facilitate trade. Learn how AfCFTA reforms aim to boost intra-African commerce by 2030.
French Consul General pledges deeper economic cooperation with Nigeria at Lagos business forum. Energy, agriculture, tech sectors identified for growth. Learn about upcoming partnerships.
President Tinubu warns Africa's fragmented markets hinder industrial growth and global negotiation power. He reaffirms Nigeria's commitment to border modernization and AfCFTA success for continental trade.
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.
The 2026 Lagos Traders Fair offers free registration for seminars, exhibitions, and networking on April 10 at Lagos Continental Hotel. Connect with finance experts!
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.
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
ILO enhances Nigerian trade unions' capacity to address unemployment, underemployment, and informal economy challenges through strategic workshop. Join the push for decent work.
Chinese Embassy in Abuja celebrates Nigeria-China relations as Donald Trump threatens 60% tariffs on Chinese imports, highlighting Nigeria's growing global importance.
Nigerian automotive company Cedric Masters prepares to launch groundbreaking pickup vehicles at Lagos International Trade Fair, promising innovative features tailored for African terrain.
Nigeria and France have strengthened economic ties with massive investment deals across multiple sectors including agriculture, technology, and infrastructure during high-level ministerial talks.
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.
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.
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
Nuli announces strategic initiative to boost Africa's economic diversification and increase exports to United States, creating new opportunities for continental growth.
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.
African Export-Import Bank pushes for stronger trade finance mechanisms to unlock sustainable development and prosperity for all African nations.
Nigeria's Minister of Industry, Trade and Investment expresses optimism as Federal Government collaborates with German chamber to train 75,000 youths in technical fields, addressing unemployment and skills gap.
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
Top Swiss executives held emergency talks with former President Donald Trump about potential tariffs that could shake global trade. Discover how this affects African economies like Nigeria.
Former President Donald Trump's proposed tariff policies could severely impact Nigeria-US trade relations as America drops to sixth among Nigeria's trading partners. Analysis reveals potential consequences for Nigerian economy.
As Trump and Xi prepare for crucial trade discussions, global markets watch closely. Discover the current state of China-US trade relations and potential outcomes.
Nigerian lawmakers engage in heated exchange during probe into Lagos International Trade Fair controversies, exposing deep divisions in parliament.
The Nigeria Customs Service commits to stronger collaboration with African Continental Free Trade Area to enhance trade facilitation and economic integration across Africa.
After a 10-year hiatus, NACCIMA reignites the Nigeria-China Business Forum to strengthen economic ties and unlock new trade opportunities between both nations.