Global Market News

Trump's stunning tariff pause focuses trade war on China"” Reuters

U.S. President Donald Trump's stunning decision to pause the hefty duties he had just imposed on dozens of countries sent battered global stock markets surging on Thursday even as he ratcheted up a trade war with the world's No. 2 economy China.  Click here for more.

US assets left behind in relief rally after Trump pauses tariffs "” Reuters

Asian shares climbed and a manic bond selloff stabilised on Thursday after U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries. Click here for more

Oil retreats despite tariff pause as US-China trade war escalates"” Reuters

Oil prices retreated on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries. Click here for more

Macroeconomic News

Nigeria's petrol price cheapest in West Africa "” Report "” Punch

Amid complaints of unaffordable petrol pricing among Nigerians, a report has shown that Nigeria has the cheapest petrol price in West Africa and the 13th in the world. According to globalpetrolprices.com, the price of a litre of petrol in Nigeria is far below $1, even if sold at N1,000. Click here for more.

Kwairanga: Dangote Refinery Will Be Listed on NGX by End of 2025 "” This Day

In a defining moment for Nigeria's capital market, the Nigerian Exchange Group (NGX) Plc, yesterday has announced plans to list economic heavyweight such as the Dangote Refinery on the local bourse before the end of 2025.  Click here for more

We must fix electricity to build $1tn economy "" Elumelu "” Punch

Chairman of Transcorp Group, Mr Tony Elumelu, has said that Nigeria's ambition to build a $1tn economy cannot be realised without urgent and sustained efforts to address challenges in the country's electricity sector. Elumelu, who spoke on Wednesday at the company's Annual General Meeting held in Abuja, said access to reliable power remains the single most critical factor in transforming the Nigerian economy, particularly as the country pushes for increased contribution from the non-oil sector. Click here for more.

REAN kicks as FG plans solar panels import ban "" Punch

The Renewable Energy Association of Nigeria has called on the Federal Government not to implement its plan to ban the importation of solar panels. The association, in a statement made available to our correspondent yesterday, said the move to ban solar imports in Nigeria is a decision that demands careful reconsideration. Click here for more.



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