India has 20 days to avoid 50% Trump tariffs – what are its options?
India has unexpectedly become a key target in Washington’s latest push to pressure Russia over the Ukraine war. On Wednesday, Donald Trump doubled […]
Glencore’s Net Loss Widens on Low Coal Prices and Copper Output
Mining and commodity trading giant Glencore booked a higher net loss for the first half of 2025 compared to the same period […]
Industrial-led development key to $1trn economy target — Manufacturers.
In order to achieve Nigeria’s aspiration to become a $1 trillion economy by 2030, the Manufacturers Association of Nigeria (MAN) has tasked the federal […]
Bitcoin plunge triggers nearly $1B in liquidations; JA Mining’s fixed USD yield model gains traction.
On July 31, the crypto market witnessed nearly $1 billion in leveraged liquidations within hours. Bitcoin briefly dropped below $116,000, XRP declined […]
Oil steadies as investors mull US tariff impacts.
Oil prices were little changed on Friday and heading for a weekly gain, as investors weighed the impact of further tariffs and […]
Africa’s richest country hit with 30% US tariff after trade talks fail.
South Africa is set to face a 30% tariff on its exports to the United States starting next week, after failing to […]
Oil prices fall to $73.08 as Trump’s tariff threats mount, U.S. inventories rise.
Oil prices declined on Thursday as U.S. President Donald Trump pushed for a rapid resolution to the war in Ukraine and issued fresh tariff […]
ArcelorMittal lifts US tariff hit forecast to $150 million.
ArcelorMittal, has raised its estimate of the financial impact from U.S. tariffs and now expects them to reduce its core profit by […]
Glencore Aims for $1 Billion Cost Savings in the Near Term.
Glencore expects to fully deliver cost savings of $1 billion across its industrial businesses by the end of 2026, the mining and […]
IMF raises Nigeria’s growth forecast to 3.4% for 2025 .
The International Monetary Fund (IMF) has upgraded Nigeria’s 2025 economic growth forecast to 3.4%, reflecting a 0.4 percentage point increase from the […]
Cuba Joins BRICS New Development Bank.
Cuba has become a member of the BRICS New Development Bank (NDB) and is expected to obtain access to alternative financing, as […]
AfDB and CFC Forge Private Sector-Led Strategy to Accelerate AfCFTA Gains.
In a landmark step toward fast-tracking Africa’s economic integration, the African Development Bank (AfDB) and Casablanca Finance City (CFC) convened a high-level […]