Australia Pushes for U.S. Tariff Exemption, Citing Jobs and Defense Ties

Australia’s Trade Minister Don Farrell has urged the Trump administration to exempt Australian steel and aluminum exports from newly announced 25% tariffs, arguing that they support American jobs and strengthen shared defense interests. President Donald Trump announced Sunday that the U.S. would impose new 25% tariffs on all steel and aluminum imports, escalating his protectionist […]
China Files WTO Complaint Over Trump’s New Tariffs, Calls Them “Protectionist”

China has lodged a complaint with the World Trade Organization (WTO) against U.S. President Donald Trump’s latest 10% tariff on Chinese imports and the removal of duty-free exemptions for low-value packages, arguing that the measures are “protectionist” and in violation of WTO rules. Beijing’s formal request for trade consultations, filed Wednesday, comes as shippers and […]
Trump Confirms U.S. Tariffs on EU Imports, Hints at Possible UK Duties

President Donald Trump has confirmed that U.S. tariffs on imports from the European Union “will definitely happen,” following similar measures already imposed on Canada, Mexico, and China. Speaking on trade relations, Trump did not rule out extending tariffs to UK goods, stating that the country is “out of line.” However, he suggested that a resolution […]
Telecom Operators Set to Roll Out 50% Tariff Hike Amid Protests

Telecommunications operators in Nigeria have confirmed that they are finalizing new tariff structures following the Federal Government’s approval of a 50% hike in service rates through the Nigerian Communications Commission (NCC). While the NCC had initially set the implementation date for February 2025, telecom companies say they will gradually introduce the new tariffs, with full […]
Dangote Refinery Cuts Petrol Ex-Depot Price to ₦890 Per Litre

The Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦950 to ₦890 per litre, effective Saturday, February 1, 2025. The Chief Branding and Communications Officer of Dangote Group, Anthony Chiejina, stated that the price cut reflects market realities, including declining international crude oil prices. “This strategic adjustment is a direct […]
Tariffs on Mexican and Canadian Imports Could Drive Up Gas and Grocery Prices

Upcoming tariffs on goods from Mexico and Canada could significantly impact U.S. consumers, with gasoline prices potentially rising by as much as 70 cents per gallon and grocery bills climbing, experts warn. The Trump administration has reaffirmed plans to impose a 25% tariff on all imports from Canada and Mexico starting February 1. These two […]
Netflix Announces Price Hikes in Select Countries After Adding 19 Million Subscribers in Late 2024

Netflix is raising subscription prices in several countries following a surge of nearly 19 million new subscribers in the final quarter of 2024. The price increases will affect users in the United States, Canada, Argentina, and Portugal, the streaming giant confirmed. However, a spokesperson for Netflix stated there was “nothing to share right now” regarding […]
TikTok Restores U.S. Services Amid Temporary Ban and Trump’s Assurances

TikTok announced Sunday that it is in the process of restoring its services in the United States after an initial ban began to take effect earlier in the day. “In agreement with our service providers, TikTok is in the process of restoring service. We thank President Trump for providing the necessary clarity and assurance to […]
Dangote Refinery Explains Fuel Price Hike, Links Increase to Global Crude Oil Prices

The Dangote Petroleum Refinery has clarified that the recent pump price hike for Premium Motor Spirit (PMS), also known as petrol, was driven by rising global crude oil prices and not an internal decision by the company. Announcing the new prices, the refinery set the cost at N955 per litre at the loading gantry, up […]
TikTok Denies Report of Potential US Sale to Elon Musk as “Pure Fiction”

TikTok has dismissed claims that Chinese officials are considering selling the social media platform’s U.S. operations to Elon Musk’s X platform, calling the report “pure fiction.” The denial follows a Bloomberg report alleging that China might allow the sale of TikTok’s U.S. operations if the Supreme Court upholds a January 19 deadline mandating a divestiture […]