Economy

Global oil markets are bracing for another production hike from OPEC+ this week, even as prices hover near pandemic lows around $60 a barrel. The move comes amid pressure from U.S. President Donald Trump and Saudi...

Nigeria has taken a major leap forward in continental trade by launching a dedicated air corridor under the African Continental Free Trade Area (AfCFTA) agreement, a strategic move designed to slash logistics costs for Nigerian exporters...

As the Donald Trump-led United States enforces a wave of higher tariffs with global implications, President of the African Development Bank President (AfDB) Dr. Akinwumi Adesina, has issued a stark warning that the consequences for Africa...

By Enyichukwu Enemanna The European Union says the 27-member bloc is committed to securing a trade deal with the US based on "respect", not "threats". Heritage Times HT had reported that the US President, Donald Trump,...

By Enyichukwu Enemanna In a move likely to strain bilateral relations, Niger has announced plans to retrench some Chinese employees working on its oil project, a development which will affect dozens of persons and their dependants....

By Enyichukwu Enemanna Nigeria is to host the first Regional Maritime Development Bank (RMDB), a project first approved since 2009 by the Maritime Organisation of West and Central Africa (MOWCA), the country’s Minister of Marine and...