Economy

China's exports grew much faster than expected in March, with shipments overseas rising 12.4% as businesses hurried to move goods before new US taxes on imports kicked in. The strong numbers came just before President Trump's...

By Enyichukwu Enemanna Oando PLC, operators of a major pipeline in Bayelsa State feeding the Nigeria Liquefied Natural Gas (NLNG) export terminal in Bonny, Rivers State, has announced the shutting down of the facility, arising from...

Many Nigerians are struggling with high fuel costs, but new data shows the country actually has the lowest petrol prices in West Africa. In fact, Nigeria ranks as the 13th cheapest country for fuel in the...

US President Donald Trump has come under fire after his social media activity and abrupt policy change triggered wild market swings, prompting allegations of improper conduct. As trading began on Wednesday morning, Trump made an unusual...

By Enyichukwu Enemanna White farmers whose farms were seized under a government programme more than two decades ago have received an initial compensation payment, amounting to US$3 million (£2.3 million), Zimbabwe’s government has announced. “One of...

By Enyichukwu Enemanna The US-China tariff war could reduce trade in goods between the two economic giants by 80 percent and drag down the rest of the world economy, the World Trade Organization (WTO) chief has...