Search Results for "Tariffs"
38 results found
Atiku condemns proposed ₦50,000 uniform WASSCE, NECO fees

…inflation, soaring food prices, rising transportation costs, crippling electricity tariffs, stagnant incomes and widespread unemployment, the Tinubu administration has chosen to make education even more expensive. “A government that genuinely believes in the future of its people does not erect financial barriers betwee…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 34 views
How World Cup 2026 is fuelling multimillion-dollar sales for Nike and Adidas

The FIFA 2026 World Cup is proving to be more than just football's biggest tournament; it has become a major commercial battleground for sportswear giants Nike and Adidas, both of whom are using the event to boost sales and cement soccer's growing popularity in the United States. With matches being staged across 11 Ame…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 36 views
How US is using cash and threats to dump migrants in Africa

…to an investigation by Senate Democrats. “Countries are being pressured with threats of tariffs, visa bans or cuts to assistance,” they said. One tally by nonprofit groups said 40 percent of confirmed or alleged deals are with African states — 14 out of 34 countries. What is more, the Senate report didn’t include Sierr…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
FG has cut import tariffs to 5% for used vehicles, 10% for new - Adeniyi

…NCS, Adewale Adeniyi, said yesterday the federal government has reduced the import tariffs on used vehicles from 15 per cent to five and on brand-new vehicles from 20 per cent to 10. Adeniyi spoke when he appeared before the House of Representatives Committee on Customs and Excise to defend the service's 2026 budget pr…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
Brazil federation defends ref criticised by Trump in Balogun storm

…in October presidential elections. His administration is threatening Brazil with new tariffs over alleged unfair trade practices. Last year, Trump’s administration hit Brazil with steep tariffs over a coup trial against the now-jailed Jair Bolsonaro, 71. However, the duties were lifted after a meeting between Lula and…

Sports by nigerianewsfeed · 3 mons ago · 0 comments · 37 views
FG secures $11.4bn World Bank loans in three years

…arrangements and unmet programme conditions, including reforms linked to electricity tariffs and sector financing. Education and healthcare also account for a substantial portion of Tinubu's World Bank borrowing. In September 2023, the World Bank approved the $700m Adolescent Girls Initiative for Learning and Empowerme…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 66 views
Electricity subsidy gulps N358bn amid blackouts

…bill averaging over N119bn monthly as the government continues to freeze end-user tariffs. The Nigerian Electricity Regulatory Commission disclosed this in its First Quarter 2026 report, stating that the subsidy arose from the Federal Government's decision to retain electricity tariffs at the July 2024 rates instead of…

Crime by nigerianewsfeed · 3 mons ago · 0 comments · 33 views
Shippers' council blocks N86bn unjustified demurrage

…will establish an independent port economic regulator with enhanced powers to regulate tariffs, service standards, competition and commercial conduct, thereby strengthening transparency and investor confidence across the port industry," Akutah stated. According to him, once signed into law, the legislation will establi…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 43 views
DisCos earn N801bn despite persistent blackouts

…the end of April, consumers have continued to express concerns over high electricity tariffs, estimated billing, and poor service delivery. Stakeholders have also continued to advocate improved metering, reduced energy theft, and stronger infrastructure investment to enhance the financial and operational performance of…

Crime by nigerianewsfeed · 3 mons ago · 1 comment · 44 views
UNCTAD: Lower borrowing costs could save Nigeria, others $500 billion annually

…points to a shift in global trade dynamics where regulatory complexity, rather than tariffs, is increasingly determining who trades, what is traded, and at what cost. In April, the Debt Management Office (DMO) increased borrowing costs at its latest Federal Government (FGN) bond auction.

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 36 views
Founders Fund's outlier bet on humanely killed fish

…been a push within the industry to "re-shore" some of that processing, spurred partly by tariffs and pandemic-era disruptions that made the China round trip less attractive. The bet that Shinkei and Founders Fund are making is that re-shoring the entire chain - catch, kill, process, and distribute - all under one roof…

Crime by nigerianewsfeedofficial · 4 mons ago · 0 comments · 44 views
Trump Approval Rating Holds Steady At 37% Amid Iran Deal

…poll that found the majority disapprove of his handling of inflation, the economy and tariffs and trade (the poll of 2,512 U.S. adults has a margin of error of 1.95).May 3Only 37% of American adults approved of Trump's job performance in a new Washington Post-ABC News-Ipsos poll conducted between April 24-28 (a survey…

Politics by nigerianewsfeedofficial · 4 mons ago · 0 comments · 45 views
Telecom operators rule out tariff increase amid NCC pricing review

…around tariff review at this time, and there are no discussions around upward review of tariffs for our consumers." "What the regulator, the Nigerian Communications Commission (NCC) has done is to commence what we call the custody that determines the wholesale rate between operators, meaning that if I originate a call…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 42 views
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