Asian stock markets fell after US President Donald Trump announced a new wave of tariffs. He said taxes on medicines, imported kitchen cabinets and sofas were needed "for national security and other reasons."US President Donald Trump on Thursday announced new punitive tariffs on a...

The near decade-long negotiations between the EU and Indonesia were hastened by the threat of US President Donald Trump's aggressive tariff policy. The free trade deal will scrap most tariffs between the regions.The European Union (EU) and Indonesia on Tuesday reached an agreement on...

The widely expected cut of a quarter percentage point comes amid economic pressures ranging inflation and tariffs to sluggish job growth. Two more cuts are expected before the end of the year.The US Federal Reserve , commonly known as the Fed, lowered its benchmark...

Some fuel importers in the country have alleged that the Dangote refinery sells a litre of petrol to international traders at N65 cheaper than the amount it gives the product to marketers in Nigeria.The Depot and Petroleum Product Marketers Association of Nigeria, Petroleum Products...

I built everything, didn’t inherit my father’s wealth, says Dangote The Dangote Refinery has exported its first gasoline cargo to the United States (U.S.).The development, which marks a new milestone for the facility’s growing global footprint, was not immediately confirmed when The Guardian contacted the...

Fuel marketers are currently in a fierce battle for control of the largest share of the downstream petroleum market. The battle among oil marketers, including major players and independents, is driven by the deregulation of the downstream sector and the influx of locally refined...