The National Shippers Association of Nigeria has rejected recent port service charge increases, warning they will raise import costs, worsen inflation, and hurt businesses. Stakeholders demand suspension. Nigerian Shippers Reject Port Fees Hike, Warn of Inflation and Trade Disruption The National Shippers Association of Nigeria (NSAN) has strongly opposed the recent increase in port service…
The Ghana Chamber of Mines warns that proposed changes to mining taxes and royalties could deter investment and reduce output, urging a balanced fiscal framework that grows revenue sustainably. Ghana Chamber of Mines Calls for Review of Mining Fiscal Plan The Ghana Chamber of Mines has urged the government to adopt a more balanced and…
The Centre for the Promotion of Private Enterprise warns that a sugar tax on beverages could damage Nigeria’s manufacturing sector and jobs, urging lifestyle-based health interventions instead. CPPE Warns Sugar Tax May Harm Local Industry, Calls for Health-Focused Solutions The Centre for the Promotion of Private Enterprise (CPPE) has cautioned the Federal Government and policymakers…
Nigeria’s Federal Government unveils the Nigerian Industrial Policy (NIP), aiming to boost manufacturing to 25% of GDP by 2030 through value addition, industrial growth, and job creation. Nigerian Industrial Policy: FG Targets 25% Manufacturing Contribution to GDP The Federal Government has unveiled a bold roadmap to reposition Nigeria’s industrial sector, with a clear target: raise…
Nigeria’s oil production dropped 8.3% year-on-year to 1.544 million barrels per day in December 2025, missing both OPEC quota and budget targets, NUPRC reports. Nigeria’s Oil Output Drops 8.3% to 1.54m bpd Nigeria’s crude oil production, including condensate, declined by 8.3 percent year-on-year to 1.544 million barrels per day (bpd) in December 2025, down from…
As President Trump threatens tariffs on European nations over Greenland, the EU weighs retaliation, legal action, and diplomatic pressure. Here are Europe’s options. How Could Europe Respond to Trump’s Greenland Tariffs? President Donald Trump’s threat to impose tariffs on eight European countries unless they support his plan to acquire Greenland has sent shockwaves across Europe….
Gold and silver hit record highs as investors seek safe-haven assets following President Trump’s tariff threats against European nations over Greenland, sending global stocks lower. Gold and Silver Hit Record Highs After Trump Tariff Threat Gold and silver surged to record levels on Monday as global markets reacted to fresh trade tensions sparked by U.S….
With losses exceeding GH¢7.1 billion, Ghana’s Gold-for-Reserves programme faces urgent reform. Experts call for transparency, fiscal responsibility, and coordinated action to restore its purpose. Way Forward for Ghana’s Gold-for-Reserves Programme The call by the Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, for collective action to reform the Gold-for-Reserves (G4R) programme marks…
Nigeria’s crude oil imports from the United States jumped to 42.13 million barrels between January and October 2025, driven largely by rising demand from the Dangote Refinery. Nigeria’s U.S. Crude Oil Imports Hit 42 Million Barrels within 10 Months Nigeria imported more than 42 million barrels of crude oil from the United States in the…
