12 h. ago ECOWAS reaffirms support for Guinea’s return to constitutional order

The Economic Community of West African States has dispatched a technical mission to Guinea as part of ongoing efforts to assist the country in its transition back to constitutional governance. The initiative, announced by ECOWAS Commission’s President, Omar Touray, in a statement issued by the commission on Monday, highlighted the regional body’s continued support for Read More

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13 h. ago UN Calls On Trump To Exempt Vulnerable Nations From Harsh Tariffs

The United Nations has appealed to former U.S. President Donald Trump to reconsider the blanket application of high tariffs on global trade, warning that such measures could severely damage the economies of some of the world’s most vulnerable nations. The call was made on Monday through the United Nations Conference on Trade and Development (UNCTAD), […] The post UN Calls On Trump To Exempt Vulnerable Nations From Harsh Tariffs appeared first on Information Nigeria.

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17 h. ago ECOWAS ruling: Rights group urges Kano to repeal blasphemy laws

Rights group, Rivers in the Desert Nigeria, has called on the Kano State Government to immediately repeal its controversial blasphemy laws following a recent ruling by the Economic Community of West African States Court, which deemed them unlawful and incompatible with fundamental human rights. “It is unreasonable for any state to enforce religious laws that Read More

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18 h. ago Goldman Sachs profit exceeds expectations, tech shares rally, lifting US stocks

Tech shares led US stocks early Monday following Trump administration tariff exemptions as Wall Street equities began the week on a positive note after last week’s volatility. US officials have listed tariff exemptions for smartphones, laptops, semiconductors and other electronic products for which China is a major source for optimism, lifting shares of Apple, Nvidia Read More

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19 h. ago EXPLAINER: Understanding Trump’s tariff policy — and what it means for Nigeria

In a 1988 interview on The Oprah Winfrey Show, Donald Trump, then a 42-year-old real estate mogul with no formal political role, shared a vision that has shaped his presidency decades later. “I’d make our allies pay their fair share,” Trump said, accusing countries like Japan and Kuwait of taking advantage of the United States. Read More

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22 h. ago Gambia’s Joof urges Africa to leverage international law for trade growth

From Priscilla Ediare, Ado-Ekiti Gambia’s Minister of Trade, Industry, Regional Integration and Employment, Hon. Baboucarr Ousmaila Joof, has called for prioritising international law to enhance regional and global trade. Speaking at the 8th Annual Conference of the International Law Association (ILA) Nigerian Branch at Afe Babalola University, Ado-Ekiti, on April 12–13, Joof emphasised the African […] The post Gambia’s Joof urges Africa to leverage international law for trade growth appeared first on The Sun Nigeria.

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26 h. ago What Ould Tah’s tenure at BADEA reveals about his AfDB candidacy

On April 8, the Board of Governors of the Arab Bank for Economic Development in Africa (BADEA) appointed Abdullah Almusaibeeh, read more What Ould Tah’s tenure at BADEA reveals about his AfDB candidacy

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26 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.

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28 h. ago “Trade war has no winners,” Xi tells Vietnam amid Trump’s tariff offensive

Chinese leader Xi Jinping warned that protectionism “leads nowhere” and that a trade war would have “no winners”, state media said, as he arrived in Vietnam on Monday on the first leg of a Southeast Asia tour. Xi will visit Vietnam, Malaysia and Cambodia on his first overseas trip of the year as Beijing seeks Read More

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33 h. ago Oil price slump as tariff tension pushes Nigeria’s FX market into turbulence

By Chinwendu Obienyi Nigeria’s foreign exchange (FX) market is once again facing renewed volatility as global economic uncertainties, driven by slumping oil prices and protectionist trade measures from the United States, continue to exert pressure on the naira and the nation’s external reserves. Daily Sun gathered that despite demand pressures and intervention by the Central […] The post Oil price slump as tariff tension pushes Nigeria’s FX market into turbulence appeared first on The Sun Nigeria.

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46 h. ago Nigeria’s infrastructure gaps threaten gains from global trade reroute

After all has been said and done about how African countries can capitalise on Trump’s reciprocal tariffs, the sad reality read more Nigeria’s infrastructure gaps threaten gains from global trade reroute

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50 h. ago Firm to unveil survey on Nigeria’s oil, gas reforms April 17

A research and advocacy organisation, Good Governance Africa, is set to host a high-level dialogue on Nigeria’s oil and gas sector reforms, as part of its ongoing efforts to promote good governance and sustainable development across Africa’s largest economy. The event, scheduled for April 17 in Lagos, will feature the public presentation of survey findings Read More

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54 h. ago Young entrepreneurs drive Africa’s economic transformation – Somachi Chris

The Chief Executive Officer of the Tony Elumelu Foundation, Somachi Chris-Asoluka, tells FAITH AJAYI about her career, entrepreneurship and other issues What inspired you to pursue a career in economics and development? Right from when I was a young child, I always felt a sense of responsibility to Nigeria, and Africa. I was always uncomfortable Read More

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65 h. ago Lagos: Our target is to become largest economy in Africa – Sanwo

By Lukman Olabiyi Lagos State Governor Babajide Sanwo-Olu aims to make Lagos Africa’s largest economy. Currently, Lagos ranks second with a Gross Domestic Product (GDP) of $259 billion, based on Purchasing Power Parity, trailing Cairo, Egypt. Speaking through his Special Adviser on Tourism, Arts and Culture, Mr Idris Aregbe, Sanwo-Olu expressed confidence in Lagos’s potential. […] The post Lagos: Our target is to become largest economy in Africa – Sanwo-Olu appeared first on The Sun Nigeria.

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3 d. ago ECOWAS Court declares Kano’s blasphemy laws violate human rights, orders reform

The Community Court of Justice of the Economic Community of West African States (ECOWAS) has ruled that Kano State’s blasphemy read more ECOWAS Court declares Kano’s blasphemy laws violate human rights, orders reform

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3 d. ago Kano blasphemy laws violate human rights, ECOWAS court declares

The Community Court of Justice of the Economic Community of West African States has ruled that Kano State’s blasphemy laws violate international human rights obligations. In the case filed by the Incorporated Trustees of Expression Now Human Rights Initiative against the Federal Republic of Nigeria marked: ECW/CCJ/APP/41/23, the regional court held that key provisions of Read More

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4 d. ago Oil Prices Regain 3% After Trump’s Pause On Tariffs Increase

Oil prices rose on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump announced he would further increase tariffs on China but pause the tariff increases he announced last week for most other countries. Trump authorised a 90-day pause as part of his tariff plan but also raised the […]

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4 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.

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4 d. ago Oil prices up 3% after Trump declares pause on most tariffs but higher tariff on China – Reuters

Oil prices climbed on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump announced read more Oil prices up 3% after Trump declares pause on most tariffs but higher tariff on China – Reuters

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4 d. ago ‘You Symbolise Resilience, Enterprise, Generosity’, Tinubu Hails Dangote On Birthday Anniversary

President Bola Tinubu has congratulated Africa’s foremost industrialist and philanthropist, Alhaji Aliko Dangote, founder and President of the Dangote Group, on his birthday anniversary. The President, in a statement by his spokesman, Bayo Onanuga, on Thursday, celebrated the life of a visionary whose resilience and unwavering commitment to Africa’s economic transformation have redefined entrepreneurship on […]

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