The World Trade Organization (WTO) has issued an information note outlining where and how trade costs may increase due to the COVID-19 pandemic. The report highlights...
Volkswagen will pay a 48% premium to buy out the minority shareholders of premium division Audi, Audi said on Tuesday. Volkswagen, which already holds 99.64% of...
The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd) first phase of the oil output...
Afreximbank is teaming up with International Trade Centre, ITC, to train small-business owners and young entrepreneurs in Africa to trade with other African countries as part...
Coca-Cola saw sales volumes of its soft drinks decline by a quarter so far in April, as people stay home to help stem the contagion of...
By ADEBAYO OBAJEMU (with agencies’ report) The deadly disease, Coronavirus, which came out of Wuhan in China in December last year has become a global pandemic...
Oil dropped 11% on Friday, giving back early gains, even as the world’s richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven...
The American Petroleum Institute (API) estimated on Tuesday a large crude oil inventory build of 6.407 million barrels for the week ending March 6, compared to...
The Federal Government and United State Trade and Development Agency have signed a 1.1million dollar grant to support electricity infrastructure development in Nigeria. The agreement was...