News as it breaks
“The comprehensive zero-tariff treatment for African countries represents another major step by China to support Africa’s development and deepen China-Africa cooperation,” the ambassador said. China has announced a sweeping zero-tariff policy for exports from African countries, including Nigeria, in a move aimed at boosting trade, industrial growth and economic…
United States President Donald Trump has signed a new executive order authorising fresh tariffs on countries that continue doing business with Iran, escalating economic pressure on Tehran even as he confirmed another round of talks is scheduled for next week. The order, which takes effect immediately, establishes a framework for…
President Donald Trump is set to speak with Chinese leader Xi Jinping on Friday, with the future of TikTok and progress on trade talks high on the agenda. “I’m speaking with President Xi, as you know, on Friday, having to do with TikTok, and also trade,” Trump told Fox News…
Nigeria and Angola have sealed a series of bilateral agreements covering drug control, cultural exchange, and state-level economic cooperation, as both nations move to deepen ties under a revived Joint Commission after 24 years of dormancy. The signing took place during the 5th Session of the Nigeria-Angola Bilateral Economic Joint…
In a strategic move to boost regional livestock trade and address long-standing challenges in the red meat value chain, the Economic Community of West African States (ECOWAS) has officially launched the second phase of the West Africa Livestock Marketing Support Program (PACBAO). The initiative is being implemented with the technical…
In a major step toward facilitating seamless regional trade, the ECOWAS Commission has concluded a five-day technical mission to Ghana aimed at deploying the SIGMAT system for improved goods transit between Ghana and Côte d’Ivoire. The mission, which took place is part of broader ECOWAS transit reforms designed to strengthen…
In a strategic push to attract foreign investment and expand trade, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has unveiled a landmark Economic Diplomacy Dialogue in Abuja, positioning the private sector at the heart of Nigeria’s global economic engagement. NACCIMA National President, Dr. Jani Ibrahim,…
The Federal Republic of Nigeria and the European Union (EU) are set to convene a high-level Senior Officials Meeting from Tuesday, July 1 to Wednesday, July 2, 2025, in Abuja, as part of preparations for an upcoming Nigeria–EU Ministerial Dialogue. According to a statement from the Delegation of the European…
Nigeria and the European Union (EU) are set to hold a high-level Senior Officials Meeting, in Abuja. The engagement aims to strengthen bilateral ties and set the stage for the forthcoming Nigeria-EU Ministerial Meeting. According to a statement released by the Ministry of Foreign Affairs, the meeting will be co-chaired…
The United Kingdom, UK has introduced a tariff free export scheme covering over three thousand Nigerian products stating a broader bilateral ties with the Country. The UK also stated that it shares a dynamic, long-standing, and multi-dimensional trade relationship with Nigeria currently valued at £7.2 billion. The British High Commissioner…
