Oil prices fall to $73.08 as Trump’s tariff threats mount, U.S. inventories rise.
Oil prices declined on Thursday as U.S. President Donald Trump pushed for a rapid resolution to the war in Ukraine and issued fresh tariff […]
ArcelorMittal lifts US tariff hit forecast to $150 million.
ArcelorMittal, has raised its estimate of the financial impact from U.S. tariffs and now expects them to reduce its core profit by […]
Glencore Aims for $1 Billion Cost Savings in the Near Term.
Glencore expects to fully deliver cost savings of $1 billion across its industrial businesses by the end of 2026, the mining and […]
IMF raises Nigeria’s growth forecast to 3.4% for 2025 .
The International Monetary Fund (IMF) has upgraded Nigeria’s 2025 economic growth forecast to 3.4%, reflecting a 0.4 percentage point increase from the […]
Cuba Joins BRICS New Development Bank.
Cuba has become a member of the BRICS New Development Bank (NDB) and is expected to obtain access to alternative financing, as […]
AfDB and CFC Forge Private Sector-Led Strategy to Accelerate AfCFTA Gains.
In a landmark step toward fast-tracking Africa’s economic integration, the African Development Bank (AfDB) and Casablanca Finance City (CFC) convened a high-level […]
Ogun State partners Arise IIP on $2 billion garment manufacturing facility
Ogun State has announced plans to partner with Arise Integrated Industrial Platform (IIP) to develop a $2 billion garment manufacturing hub, expected […]
New Multipolitan report reveals how millennials are reshaping global wealth.
The Navigating the Future of Wealth Report 2024, released by global migration platform Multipolitan, has predicted a major shift in global wealth as millennials inherit trillions from […]
Oil prices climb to $69.34 as trade talk optimism lifts demand outlook.
Oil prices rose on Friday, buoyed by optimism surrounding trade negotiations, which improved the outlook for the global economy and future oil […]
Saudi Arabia leads $6.4bn worth of economic deals for Syria.
Saudi Arabia has led agreements with Syria worth 24 billion Saudi riyals ($6.4 billion) as the kingdom invests in Damascus’s economy to support […]
U.S. exports more crude to Nigeria than it imports, marking first-ever trade reversal.
The United States exported more crude oil to Nigeria than it imported in February and March 2024, marking the first time such […]
Russian Precious Metal Exports To China Rise 80% In H1 2025.
Russia’s precious metals exports to China nearly doubled in the first half of 2025, with gold leading the way as prices continue […]