16 h. ago Stocks rise as stability returns, autos lifted by exemption hope

Equities mostly rose Tuesday as some stability returned to markets after last week’s rollercoaster ride. Donald Trump’s possible compromise over steep tariffs on the sector boosted auto firms. However, the US president’s unorthodox approach to trade diplomacy continues to fuel uncertainty among investors, with speculation over new levies on high-end technology and pharmaceuticals dampening sentiment. Read More

Politics

16 h. ago FG gazzettes ECOWAS tarriffs, advancing AfCFTA implementation

The Federal Government has gazetted and transmitted the ECOWAS schedule of tariff offers for Trade in Goods under the African Continental Free Trade Area to its secretariat. Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, said this through a statement issued in Abuja on Tuesday. Oduwole said that, the move was ahead of the Read More

Politics

33 h. ago Ministry of Industry, Trade and Investment launches Digital Services survey

The Federal Ministry of Industry, Trade and Investment has launched the Digital Services Survey, a strategic effort to empower Nigerian read more Ministry of Industry, Trade and Investment launches Digital Services survey

Politics

43 h. ago Nigeria could gain from US tariffs, says Alake at AIM Congress

From Charity Nwakaudu, Abuja Nigeria’s Minister of Solid Minerals Development, Dr Dele Alake, has suggested that US tariffs could benefit African economies by encouraging intra-African trade and local value addition. Speaking at the 14th Annual Investment Meeting (AIM) Congress in Abu Dhabi, United Arab Emirates, during a Fireside Chat session titled “The Alchemy of Foreign […] The post Nigeria could gain from US tariffs, says Alake at AIM Congress appeared first on The Sun Nigeria.

Politics

50 h. ago UBA launches upgraded PoS, MONI App to boost digital payments in Africa

United Bank for Africa (UBA) Plc has launched an enhanced Point of Sale (PoS) terminal alongside a revamped UBA MONI App, in its efforts to transform the digital payment landscape and empower small and medium-scale enterprises (SMEs) across Africa. The upgraded platforms form part of the bank’s ongoing campaign with the theme: Innovation for Progress: […] The post UBA launches upgraded PoS, MONI App to boost digital payments in Africa appeared first on The Sun Nigeria.

Politics

5 d. ago FG commissions $120bn Afreximbank African Trade Centre in Abuja

By Isaac Anumihe, Abuja The Federal Government (FG) today commissioned the $120 billion Afreximbank African Trade Centre (AATC) in Abuja. The centre aims to unite the Nigerian, African, and global trade and investment ecosystem, creating a network to tap into business opportunities in Nigeria. Secretary to the Government of the Federation, Dr George Akume, representing […] The post FG commissions $120bn Afreximbank African Trade Centre in Abuja appeared first on The Sun Nigeria.

Politics

5 d. ago US tariff: FG targets 250 export markets, backs exporters to maximise AfCFTA

By Merit Ibe                                               ibe.merit@yahoo.com  In response to the United States’ 14 per cent tariff slam on Nigeria, the federal government, through the Ministry of Trade and Investment is setting its sights on […] The post US tariff: FG targets 250 export markets, backs exporters to maximise AfCFTA appeared first on The Sun Nigeria.

Politics

6 d. ago FG targets $4bn textile import reduction, revitalises Nigerian garment industry

The Federal Government, through the Ministry of Industry, Trade and Investment, has reaffirmed its commitment to building a robust and responsive policy framework to support the growth of Nigeria’s cotton, textile and garment sector. There are also plans to reduce the nation’s reliance on imported clothing. This initiative aims to localise up to $4bn in Read More

Politics

9 d. ago US tariffs pose ‘destabilising challenges’ to Nigerian trade – Minister

The Federal Government has acknowledged the adverse impact of the newly imposed tariffs by US President Donald Trump on Nigeria’s oil and non-oil exports, which could potentially disrupt trade relations and affect the competitiveness of Nigerian products in the US market. In a statement issued on Sunday, Nigeria’s Minister of Industry, Trade, and Investment, Dr Read More

Politics

9 d. ago Gov Mbah to lead Governors Roundtable at Commonwealth Summit in London

Enugu State Governor, Dr Peter Mbah, will spearhead a State Governors Roundtable at the 2025 Commonwealth Trade and Investment Summit (CTIS) in London, starting Monday, 7 April. The session will focus on unlocking opportunities in Enugu and beyond, as announced in a weekend press release by the Commonwealth Enterprise and Investment Council (CWEIC). CWEIC, tasked […] The post Gov Mbah to lead Governors Roundtable at Commonwealth Summit in London appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report

Corporates charged to explore opportunities We want to make Nigeria Africa’s fintech powerhouse- Remita By Henry Uche Poised to make Nigeria Africa’s fintech powerhouse, Remita Payment Services Limited (RPSL), in a report from a survey titled Unlocking the Power of AI in Nigeria’s Fintech Sector, said Nigeria’s AI market is projected to reach USD $434.4 […] The post Nigeria’s AI market projected to hit USD $434.4 million by 2026 – Report appeared first on The Sun Nigeria.

Politics

1 week ago Obasanjo’s Firm To Invest $700m In Cameroon To Boost Bilateral Trade

Former President, Olusegun Obasanjo is set to inject $700 million, about (N1.75 trillion) to expand his business footprint in Cameroon with a major investment in the Kribi deep-sea port. Obasanjo’s company Agro-Allied Business Ltd (OABL) is expected to launch operations this April into strategic sectors, including agriculture, maritime logistics, hospitality and energy in the country. […]

Politics

2 w. ago BUK Launches Digital Platform For Students To Access Results

The Bayero University Kano (BUK) has launched an online system that enables students to access and print their end-of-session results digitally, marking a significant technological advancement for the institution. The innovation, announced in a bulletin signed by the Deputy Registrar and Head of the Public Affairs Directorate, Lamara Garba Azare, was developed by the myBUK […]

Politics

2 w. ago Palmpay Partners Verve To Provide 35m Customers Debit Cards Access

Africa’s largest domestic payments card and token brand, Verve, partnered with PalmPay, one of  digital payments platforms, to launch the PalmPay debit card, at the Tech Unite Africa event recently held at the Muson Convention Centre, Lagos, Nigeria. The PalmPay debit card, now powered by Verve, offers users a convenient way to perform transactions both […]

Economics

2 w. ago Saint Kitts PM meets Tinubu, seeks investment in agriculture, trade

The Prime Minister of Saint Kitts and Nevis, Dr. Terrance Drew, has expressed strong interest in deepening bilateral ties with Nigeria, particularly in agriculture, food security, energy, logistics and trade. Speaking after a meeting with President Bola Tinubu, at the Aso Rock Villa, Abuja, Saturday evening, Drew emphasised that both leaders share a commitment to Read More

Politics

2 w. ago Senate moves to block sale of Lafarge Cement to Chinese firm

From Adesuwa Tsan, Abuja The Senate has directed the Bureau of Public Procurement (BPE), to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. The move according to the Senate, is to protect national security and economic sovereignty. It also mandated its Committees on Capital Market, Trade and Investment and Securities […] The post Senate moves to block sale of Lafarge Cement to Chinese firm appeared first on The Sun Nigeria.

Politics

2 w. ago US lawmaker urges Tinubu to establish Nigerian consulate in Chicago

A member of the US Congress, Danny Davis, has written to President Bola Tinubu, urging the Nigerian government to establish a consulate in Chicago, Illinois, to serve the needs of Nigerians residing in the Midwest states. Davis argued that the initiative would benefit both Nigeria and the US, particularly Chicago, by boosting trade, investment, and Read More

Politics

2 w. ago Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns

From Adesuwa Tsan, Abuja   In a bid to protect national security and economic sovereignty, the Senate has directed the Bureau of Public Procurement to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. It also mandated its Committees on Capital Market, Trade and Investment and Securities and Exchange Commission to […] The post Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns appeared first on The Sun Nigeria.

Economics

2 w. ago EXPOYO 2025: Oyo Int’l Trade Fair poised to boost economic Growth – Commissioner

From Taiwo Oluwadare, Ibadan   The Oyo State government has announced that the 2025 International Trade Fair, EXPOYO 2025, will play a pivotal role in driving economic growth while showcasing the state’s rich agricultural potential.   The Commissioner for Investment, Trade, Cooperatives, and Industry, Hon. Adeniyi Adebisi, disclosed that the trade fair will be held […] The post EXPOYO 2025: Oyo Int’l Trade Fair poised to boost economic Growth – Commissioner appeared first on The Sun Nigeria.

Politics

3 w. ago Trade Minister to engage stakeholders on concerns regarding FRCN levy

Tribune Online Trade Minister to engage stakeholders on concerns regarding FRCN levy The Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, is convening a stakeholder forum to address concerns surrounding the annual Financial Reporting Council of Nigeria (FRCN) levy. Trade Minister to engage stakeholders on concerns regarding FRCN levy Tribune Online

Politics