Nigeria’s revised 2026 tariff framework is set to reshape the country’s import bill, with industrial, food, and transport-related sectors emerging as the primary beneficiaries of sweeping duty reductions, while manufactured goods face tighter protection under a contrasting increase in tariffs. A report by the Financial Market Dealers Association (FMDA) shows that the new tariff regime
Major economists, from former New York Times columnist Paul Krugman to Justin Wolfers at the University of Michigan, are warning that the longer U.S. President Donald Trump’s war with Iran drags on, the harder it will hit American consumers. According to Krugman, higher oil prices will make a wide range of goods more expensive —
Tuesday 28 April 2026 12:02 am | Updated: Monday 27 April 2026 5:28 pm Reeves left just £9.9bn in headroom after her first Budget. A Labour peer has urged Chancellor Rachel Reeves to avoid using her larger fiscal headroom as a “piggy bank” to fund extra government spending increases. A report by senior House of
Nigeria’s Eurobond market extended its bullish momentum this week, with average yields declining by 6 basis points to 6.89 percent from 6.96 percent, as renewed investor demand lifted prices across maturities. The drop in yields signals a strengthening appetite for Nigerian sovereign debt in the international market, as investors increased purchases of existing bonds, pushing
President Donald Trump and his Department of Defense appear to have a strategy to get Congress to pay off his costly war with Iran, according to the hosts of Pod Save America, but it is a plan that could turn into the “worst possible scenario for Republicans” heading into the midterms. During the Friday episode
Sunday 26 April 2026 11:54 am Darren Jones said price rises could last for “eight-plus months” Surging food and energy prices caused by the Iran war could last for more than eight months after the conflict ends, Starmer’s right-hand man has said. Higher petrol, food and plane ticket prices will persist for “eight-plus months” following
The United States has restored a government-backed credit guarantee to attract Nigerian agro-importers, capitalising on an 84 percent growth in agricultural trade between the two countries In Lagos on Friday, officials said Nigerian banks regained access to the US Department of Agriculture’s GSM-102 program in late 2025, enabling financing for importers seeking American agricultural inputs.
On Monday, December 8, 2025, the U.S. Supreme Court heard oral arguments in Trump v. Slaughter — which finds President Donald Trump and his administration arguing that he had a right to fire former Federal Trade Commission (FTC) commissioner Rebecca Slaughter and Slaughter countering that he had no business firing her from an independent agency
President Donald Trump is historically unpopular, at least when it comes to his second term — and it is because of two issues he has been stubbornly unable to fix. Only 34 percent of registered voters approve Trump’s handling of the economy as of April 2026, compared to 49 percent in October 2018, according to
Friday 24 April 2026 6:35 am | Updated: Friday 24 April 2026 8:49 am Trump said he could ‘very easily’ respond to the levy on digital services Good morning and welcome back to the City AM liveblog. Donald Trump has slapped another extension on ceasefires in the Middle East following Wednesday’s intervention, where a previous
