Economy

By Enyichukwu Enemanna The largest party in South Africa’s coalition government, the African National Congress (ANC), has made a U-turn on a proposed value-added tax (VAT) increase that had pitted the party against its coalition partners....

By Enyichukwu Enemanna China and Kenya announced on Thursday that they had upgraded their ties to a "new level" during a meeting between President Xi Jinping and Kenyan President William Ruto in Beijing, pledging to build...

By Emmanuel Nduka  Turkey is set to launch a series of new oil and natural gas exploration projects in Libya, Iraq, Somalia, and Azerbaijan, as part of a broader initiative to reduce its dependence on imported...

By Emmanuel Nduka Indonesia may reduce its oil and liquefied petroleum gas (LPG) imports from Nigeria. This is as the country looks to boost energy trade with the United States by up to $10 billion, its...

By Enyichukwu Enemanna US Vice President JD Vance on Tuesday stated that “good progress” had been made towards a trade deal with India after he met with “tough negotiator” Prime Minister Narendra Modi in New Delhi....

By Emmanuel Nduka Manufacturers in Nigeria spent a staggering N1.11 trillion on fueling generators in 2024 due to unreliable power supply and rising diesel and petrol prices. This represents a 42.3% increase from the N778.68 billion...