
DAPPMAN has accused Dangote Refinery of disruptive fuel pricing amd also alleged its product sells at cheaper rate abroad than locally which has been denied.
DAPPMAN has accused Dangote Refinery of disruptive fuel pricing amd also alleged its product sells at cheaper rate abroad than locally which has been denied.
For Tony Healy, an Irish whiskey producer in Dundalk, near the UK border with Northern Ireland, US tariffs of 20 percent on EU alcoholic drinks were a huge and unexpected "curve ball". Producers in the Republic of Ireland are looking enviously at distilleries across the border in the UK region of Northern Ireland where the tariff rate is just 10 percent.
Customs duties, or tariffs, have become a political punching ball as the European Union prepares to respond to US President Donald Trump's recent offensive. Typically, very low customs duties are applied to oil or liquefied gas "because consumers and companies need them, and the European Union does not necessarily produce them," said Guimbard.
The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade war against friends and foes alike. Veteran auto workers who spent decades at the plants of Germany's storied industrial titan fear for the worst since Trump has ramped up a range of import tariffs, sparking global market turmoil.
More than 15,000 people took to the streets in Greece on Wednesday in the second 24-hour general strike this year, calling for higher wages to match the rising cost of living. Although Greece saw high economic growth of 2.2 percent last year, salaries remain low despite rising taxes and inflation that hit 3.5 percent in the middle of last year.
Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war. He added European tech rules were "separate" from the tariff discussions.
Prices of selected food items have experienced significant decreases across major markets in Nigeria, offering relief to Nigerians who have battled high food costs.
Nigeria has increased its debt servicing in the 12 months, with DMO data showing the states with the most and least external debts, led by Lagos state.
President Donald Trump's recent announcement hiking import tariffs to the US, triggered reactions across stock markets across the world including Nigeria.
3 years after launch, the e-naira is yet to live up to the many expectations listed by the CBN. A Blockchain expert suggested ways to increase adoption.
Economy
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