OIL PRICES SLIDE OVER 3% AMID GROWING RECESSION FEARS
|By Adejumo Adekunle- -Brent, WTI hit 3-year lows as trade tensions escalate-China’s fresh tariffs trigger investor jitters, deepen market slump Oil prices nosedived by more than 3 per cent on…
ASIAN MARKETS CRASH ON TRUMP TARIFF MOVE
|By Adejumo Adekunle- – Japanese Stocks Suffer Worst Blow Since 2023– Banking Sector Bears the Brunt as Nikkei Sinks Below 31,000 Asian markets plunged deeper into turmoil on Monday, extending…
Naira Strengthens Against the Dollar Post-Eid, Central Bank Reports Highest FX Reserve in 3 Years
|By Adejumo Adekunle- The naira’s performance at the official market remains in contrast to the black market, where depreciation was observed. Analysts suggest the rise in foreign reserves could bolster…
TRUMP SLAMS GLOBAL TRADE WITH “RED HOT” TARIFFS
|Adejumo Adekunle- China, EU, and Africa Take the Heat Lesotho Faces a Staggering 50% Tariff U.S. President Donald Trump, on Wednesday, rolled out his much-anticipated “red hot” tariffs, vowing…
Sánchez Slams Trump’s ‘Unprecedented’ Tariffs, Calls for EU Retaliation
|By Adejumo Adekunle- Spain Unveils €14.1 Billion Support Plan Trump Imposes Global Tariffs, Declares ‘Liberation Day’ Spanish Prime Minister Pedro Sánchez has condemned U.S. President Donald Trump’s latest tariff announcement,…
Business Confidence in Nigeria Hits 14-Month High
|By Adejumo Adekunle- • Surge in new orders fuels economic optimism• Input cost inflation drops to lowest level in nearly a year Business confidence in Nigeria soared to its highest…
U.S. Approves $5.58 Billion F-16 Jet Sale to Philippines
|By Adejumo Adekunle- The United States has approved a $5.58 billion sale of F-16 fighter jets to the Philippines, reinforcing its ally amid escalating tensions with China. The U.S. State…
Europe to Hit Back If Trump Slams Tariffs
|By Adejumo Adekunle- — Won’t Escalate Trade War, Says Ferracci — Price Hike, Retaliation Loom Europe will respond proportionately if U.S. President Donald Trump imposes new tariffs on global trading…
Nigeria’s Neglect Costs Airlines ₦25bn Yearly in Towing Fees
|By Adejumo Adekunle- Operators Accuse FAAN of Connivance Passengers Endure Delays Over Missing Aero Bridges International airlines operating in Nigeria lose a staggering ₦25 billion annually to aircraft towing fees…
MRS Hikes Petrol Price to N930, N950 in Lagos, Abuja
|By Adejumo Adekunle- • Hike follows Dangote Refinery’s halt of Naira sales• Other filling stations adjust pump prices MRS filling stations, a partner of Dangote Refinery, have raised the pump…
