August 6, 2025

Business

Business World

Trading Partners Weigh How to Fend Off Trump’s Tough Tariff Tactics with Superficial Deals

As President Trump intensifies his “America First” trade agenda in 2025, trading partners are grappling with how to navigate a wave of new U.S. tariffs and unpredictable negotiating tactics. Since returning to office, Trump has imposed sweeping tariffs on aluminum, steel, cars, and a variety of imports from countries with trade deficits with the U.S.,

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Business Economy

Turkey’s Largest Refiner, Tupras, Places Orders for Nigerian Crude Oil Cargoes for March-April Delivery

Turkey’s largest oil refiner, Tupras, has placed orders for crude oil cargoes from Nigeria for delivery in March and April 2025, according to shipping data from Kpler. This move is part of Tupras’ diversified crude sourcing strategy amid shifting global oil markets and follows the company’s recent resumption of Russian Urals crude purchases after a

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Business

Spyware Attacks Surge by 14% as African Businesses Face Intensifying Cyber Threats

African businesses are grappling with a sharp rise in cyber threats, as new data from Kaspersky reveals a 14% increase in spyware attacks across the continent between 2023 and 2024. The findings, presented at the GITEX Africa conference in Morocco, highlight a worrying trend of escalating digital risks, with spyware malicious software secretly installed to

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Business

OPPO Nigeria Expands Product Line with A5 Pro

OPPO Nigeria has officially launched the A5 Pro, a rugged and high-performance smartphone designed to meet the demands of outdoor enthusiasts, gamers, and entertainment seekers. The device was unveiled in Lagos on April 11, 2025, marking a significant expansion of OPPO’s product line in the Nigerian market. Key Features of the OPPO A5 Pro: Durability:

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Business

SSE Lab Rolls Out Second Edition of Manufacturing Business Accelerator to Empower African Entrepreneurs

In a renewed effort to bolster Africa’s manufacturing ecosystem and empower aspiring business owners, the Chief Executive Officer of Small-Scale Enterprise (SSE) Lab, Adesola Jimmy-Eboma, has unveiled the second cohort of the Manufacturing Business Accelerator (MBA) Programme. The initiative, set to commence on April 20, 2025, and run until July 17, 2025, is designed to

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Business

Ex Aviation Minister Lauds Sterling Bank for Abolishing Transfer Fees

Chief Osita Chidoka, the former Minister of Aviation, has praised Sterling Bank for its bold move to eliminate local transfer charges, even expressing his intention to reward the bank for setting an example that other major banks in Nigeria have yet to follow. On Friday, Chidoka opened a personal account with the bank in a

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Business

Lawmaker Urges New NNPCL GCEO to Prioritize National Interest

A member of the House of Representatives, Odianosen Okojie, has called on the newly appointed Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, and his team to place national interest at the forefront of their duties as they take over the leadership of the company. This appeal follows

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