Dangote cement to open new plant in Côte d’Ivoire amid expansion drive.
Dangote Cement Plc has announced plans to commission its 3 million metric tonnes per annum (Mta) grinding plant in Côte d’Ivoire by […]
China pushes back at US demands to stop buying Russian and Iranian oil
US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, […]
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 […]