Breaking news and insights at nigerianewsservice.com
President Trump plans to impose tariffs on imports from Canada and Mexico starting March 4, alongside doubling the existing tariffs on China to combat drug trafficking. This decision threatens to …
Trump Announces Tariffs on Canada and Mexico Amid Trade Adjustments Read More
President Trump plans to implement tariffs on Canada and Mexico starting March 4, doubling the 10 percent tariff on imports from China as well. He cites the need to address …
Trump Administration to Impose New Tariffs on Canada, Mexico, and China Read More
The National Bureau of Statistics has rebased Nigeria’s Consumer Price Index (CPI), using a new base year of 2024 to enhance the accuracy of inflation tracking. The upgraded CPI now …
Rebased CPI: Advancements in Tracking Inflation in Nigeria Read More
BRF, the largest chicken exporter globally, reported that its food sales exceeded expectations in early 2025. CEO Miguel Gularte expressed confidence in market conditions despite cost challenges. The company achieved …
BRF Reports Strong Start to 2025 with Plans for Food Production Expansion Read More
President Trump’s ban on Chevron’s operations in Venezuela has led to increased oil prices while Chevron’s stock decreased by 0.8%. The license revocation affects 240,000 barrels of oil production daily, …
Market Ramifications of Trump’s Chevron Ban on Venezuela Operations Read More
The Brazilian real has weakened past 5.8 per USD amid ongoing fiscal and external pressures. The current account deficit expanded to $8.655 billion in January, and unemployment increased to 6.5%. …
Challenges Facing the Brazilian Real as It Weakens Further Read More
BRF has reported strong food sales for 2025, exceeding expectations in early January and February. The company plans to expand its processed food production to meet the growing demand. Despite …
BRF Reports Strong 2025 Food Sales Amid Expansion Plans and Record Profits Read More
The IFS has urged the Ghanaian government to set realistic budget targets to enhance fiscal credibility, highlighting the historical issue of overestimated revenue projections. The institute cautioned against excessive borrowing …
IFS Advocates for Realistic Budget Targets to Enhance Fiscal Credibility in Ghana Read More
In February 2025, Zimbabwe’s monthly consumer inflation decreased to 0.5%, down from 10.5% in January. Price growth for food and non-food items also slowed significantly. The central bank upheld its …
Zimbabwe Monthly Inflation Decreases to 0.5% in February 2025 Read More
President Trump has declared that tariffs on Canada and Mexico will begin next Tuesday, coinciding with an increase of the tariff on Chinese imports to 20%. He cites the need …
Trump Announces New Tariffs on Canada and Mexico Amid Drug Smuggling Concerns Read More