•Federal Airports Authority of Nigeria (FAAN) Tension is brewing in the Nigerian aviation industry over the plan of the Federal Airports Authority of Nigeria (FAAN) to increase cargo tariffs by 257 per cent. It was learnt that, effective Monday, February 2, 2026, FAAN would increase the cargo tariff from the current N7 per kg to […]
•US President Donald Trump The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed today, offering signs of continued labour market strength despite worries over President Donald Trump’s tariffs. Job growth came in at 147,000 last month, rising from a 144,000 figure in May — which [&h...
•Trump US President Donald Trump today threatened to impose a 50 percent tariff on imports from the European Union, accusing the 27-member trading bloc of stalling trade talks. Lamenting that negotiations with the EU “are going nowhere,” Trump said on Truth Social he is recommending “a straight 50% Tariff on the European Union, starting on [&h...
•Trump and Tinubu The United States President, Donald Trump, yesterday enacted sweeping new tariffs in a move that could escalate trade tensions globally at what he tagged “liberation day”. Trump said the U.S. will implement “reciprocal tariffs” on all countries of “approximately half” of what they charge us, reports The Guardian. Among the co...
•US President Donald Trump (L) and Canadian Prime Minister Justin Trudeau President Donald Trump was due to unleash fresh tariffs yesterday on major US trading partners Canada, Mexico and China — with Ottawa informed that levies will be effective within days. The US government has told Ottawa to expect 25 percent across-the-board tariffs on it...
The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector, yesterday faulted the latest hike in the electricity tariff payable by customers in the Band A Category. Following the depreciation of the naira against the United States dollar, and inflation, among other factors, the Nigerian Electricity Regulatory Commission ag...
The Guild of Medical Directors of Nigeria has raised the alarm that the hike in electricity tariff is choking private hospitals with some of them closing shop. The Guild disclosed that no fewer than eight private hospitals in Maiduguri, the Borno State capital, recently shut down over the high cost of electricity supply and insecurity, [&helli...
A federal high court in Kano has granted an interim order restraining the National Electricity Regulatory Commission (NERC) from implementing a hike in electricity tariff for Band A customers in the state. The court directed Kano Electricity Distribution Plc to discontinue the implementation of tariff increased from N76.54/Kwh to N225/Kwh, rep...
•Atiku and Tinubu Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, today, asserted that increase in tariffs of different services amounts to Nigerians subsidising the corruption and inefficiencies in government. In a statement he personally issued in Abuja, he said the plight of the Nigerian wo...
•Senate Minister of Power, Adebayo Adelabu, has revealed that Nigeria would need an annual $10 million to revive the country’s moribund electricity generation, distribution and supply chain. This is even as senators rejected the recent hike in electricity tariff, describing it as unacceptable and anti-people, reports Daily Sun. The Minister sa...
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