Trump Raises Duty On Small Parcels From China To 90%
Trump signed an order last week canceling the duty-free exemption for goods from China valued at $800 or below. US President Donald Trump has signed an executive order raising duties…
FG Meets With Dangote Officials, Says Naira-For-Crude Still In Effect
The government overruled the decision of the NNPCL under its former boss Mele Kyari, which tenured the initiative. The Federal Government says its naira-for-crude initiative with local refineries is not…
World’s Second Largest Automaker, Volkswagen Group Stops All US Car Imports After Trump Tariffs
World’s second-largest automaker, Volkswagen Group has made the shock decision to put all US-bound cars on hold after introducing a 25% tariff on all imported models. The global automaker confirmed it’s in a…
Elon Musk’s Net Worth Drops Below $300b
Musk lost an estimated $4.4 billion on Monday as Tesla shares tumbled alongside the broader global sell-off. Elon Musk’s net worth has fallen below $300 billion. According to the Bloomberg…
Spotify Royalty Payout To Nigerian, South African Artists Boom In 2024
The audio streaming giant paid out some $10 billion in royalties worldwide in 2024. Spotify’s royalty payments to artists from Nigeria and South Africa – its two biggest African markets…
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