4 d. ago Remarks by Chinese Ambassador to Nigeria, Yu Dunhai, at press briefing on Articulating China’s Stance on US Tariff Policy

By Aidoghie Paulinus   1. Why is the U.S. tariff policy “a step backward in history”? We live in the 21st century—an era far removed from the devastation of two World Wars. This year marks the 80th anniversary of the United Nations and the victory of the World Anti-Fascist War.  As President Xi Jinping pointed […] The post Remarks by Chinese Ambassador to Nigeria, Yu Dunhai, at press briefing on Articulating China’s Stance on US Tariff Policy appeared first on The Sun Nigeria.

Politics

7 d. ago Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

In the ever-evolving theatre of global trade, policy decisions taken in Washington can ripple across the globe—from Wall Street to read more Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

Politics

8 d. ago ‘70% Shipment From Nigeria To US Returned Over Trump Tariff Policy’

Since the implementation of Donald Trump’s Tariff Policy, especially, on Africa, more than 70% of shipments sent from Nigeria to the U.S. via airport have either been refused entry or placed on hold. The chief commercial officer, AAJ Express Logistics Limited, Ini Daniel, who disclosed this yesterday, noted that this alarming trend has caused substantial […]

Politics

9 d. ago Kate Henshaw Blasts Nigeria’s Electricity Banding System, Labels It “Huge Fraud”

Nollywood actress Kate Henshaw has lashed out at the newly introduced electricity banding system in Nigeria, describing it as a “huge fraud.” Taking to her X account on Tuesday, the outspoken actress expressed her frustration over the wide gap between promised service and actual delivery, especially for those under the so-called “Band A” tariff. She […] The post Kate Henshaw Blasts Nigeria’s Electricity Banding System, Labels It “Huge Fraud” appeared first on Information Nigeria.

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9 d. ago April 2025 TalkExchange Poll: Is Nigeria’s electricity tariff hike, subsidy cut helping economy or hurting citizens?

The Nigerian government’s decision to reduce electricity subsidies by 35% and increase tariffs for high-usage consumers has sparked nationwide debate. read more April 2025 TalkExchange Poll: Is Nigeria’s electricity tariff hike, subsidy cut helping economy or hurting citizens?

Politics

1 week ago Why US tariff policy is a step backward in history, by Chinese envoy

From Aidoghie Paulinus, Abuja The Chinese Ambassador to Nigeria, Yu Dunhai, has given reasons the United States tariff policy is a step backward in history. Briefing journalists in Abuja, Yu said the world lives in the 21st century, an era far removed from the devastation of two World Wars.  He recalled that the year 2025 […] The post Why US tariff policy is a step backward in history, by Chinese envoy appeared first on The Sun Nigeria.

Events

2 w. ago Why US tariff policy is a step backward in history – Chinese Envoy

From Aidoghie Paulinus, Abuja The Chinese Ambassador to Nigeria, Yu Dunhai, has given reasons why the United States tariff policy is a step backward in history. Briefing journalists in Abuja, Yu said the world live in the 21st century, an era far removed from the devastation of two World Wars. He recalled that the year […] The post Why US tariff policy is a step backward in history – Chinese Envoy appeared first on The Sun Nigeria.

Events

2 w. ago FG to announce measures to cushion Trump’s tariffs on imported goods, soon, as Cutix bags NASME award

From Isaac Anumihe, Abuja Federal Government has reacted to the United States (US) tariff imposition on imported goods, saying that it will soon announce a number of schemes to absorb the shock the tariff would cause. Speaking when Nigeria Association of Small and Medium Enterprises (NASME) honoured the Chief Executive Officer of Cutix Plc, Ijeoma […] The post FG to announce measures to cushion Trump’s tariffs on imported goods, soon, as Cutix bags NASME award appeared first on The Sun Nigeria.

Politics

2 w. ago Trump’s Tariff Policies Threaten Nigeria’s Oil Revenue — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised the alarm over the potential threat posed to Nigeria’s oil revenue by renewed protectionist policies rolled out by United State President Donald Trump. NMDPRA’s Chief Executive Officer, Farouk Ahmed, who addressed journalists at the State House on Tuesday, said Trump’s aggressive tariff regime targeting […]

Politics

2 w. ago Recapitalisation, tariff war: No cause for alarm, banks on sound footing –CBN

• UBA GMD lists hurdles to achieving $1trn economy From Uche Usim and Adanna Nnamani, Abuja As the race for commercial banks’ recapitalisation peaks and the global commerce landscape quakes in the face of the raging US-China tariff war, the Central Bank of Nigeria (CBN) has assured Nigerians not to panic as the local financial […] The post Recapitalisation, tariff war: No cause for alarm, banks on sound footing –CBN appeared first on The Sun Nigeria.

Politics

2 w. 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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2 w. 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.

Politics

3 w. 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

3 w. ago US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal

By Chukwuma Umeorah Nigeria’s target of growing its economy to $1 trillion within the next few years is facing significant skepticism from economic experts, who warn that deep-seated structural challenges, now compounded by a new 14 per cent U.S. tariff on Nigerian exports threaten the country’s growth trajectory and trade viability. Group Chief Economist and […] The post US tariffs, structural bottlenecks, threaten Nigeria’s $1trn GDP goal appeared first on The Sun Nigeria.

Politics

3 w. ago US 14% tariff have little effect on Nigeria’s exports – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the recent 14 per cent tariff imposed by the United States on Nigerian exports will have a negligible effect on the Nigerian economy. Edun stated this at the inaugural Corporate Governance Forum organised by the Ministry of Finance Incorporated in Abuja Read More

Politics

3 w. ago Trump tariffs: Trade among yourselves, Ecobank advises Nigeria, others

Trade among yourselves to counter trump tariff, Ecobank tells  Nigeria, others The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has urged African nations to deepen trade among themselves as a buffer against the potential economic impact of new tariffs imposed by United States President Donald Trump. Speaking in an interview with Bloomberg TV, Read More

Politics

3 w. ago US tariffs may spur local production, AfCFTA push – Analysts

Market watchers have said that the Federal Government may need to drive the pace of local production and participation in the African Continental Free Trade Agreement following the imposition of a 14 per cent tariff on exports from Nigeria to the United States of America. Last Wednesday, US President Donald Trump announced the tariff as Read More

Politics

3 w. ago Federal Gov’t Reacts To Trump’s 14% Tariff On Nigerian Exports

The Federal Government of Nigeria has reacted to the recent imposition of a 14% tariff on Nigerian exports by the United States. LEADERSHIP recalls that the President Donald Trump imposed a 14% tariff against Nigeria, claiming the country operates a trade surplus. However, a statement signed and released on Sunday by the Minister of Industry, […]

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