September 19, 2025

tariff

General World

Nigeria Turns to Alternative Markets as U.S. Tariff Takes Effect

Abuja, Nigeria | August 7, 2025 Nigeria is shifting focus toward regional and alternative international markets as a newly imposed 15 percent tariff on Nigerian imports by the United States officially takes effect this Thursday under a trade policy signed by former President Donald Trump. While the tariff measure has sparked reactions in affected sectors,

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General

How the U.S. BRICS 10% Tariff Could Affect You as a Nigerian

In July 2025, the United States announced that it may begin charging a 10% tax (called a tariff) on products coming from BRICS countries. These are countries like China, India, Russia, South Africa, and others that are working together to build their own economic power, separate from America’s. Now here’s the big news: Nigeria joined

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Airport General Policy update

FAAN to Implement New Tariff Regime, Ends Cash Transactions at Airports Nationwide

Abuja – June 24, 2025 – The Federal Airports Authority of Nigeria (FAAN) has announced a significant shift in its operational procedures, revealing plans to increase tariffs across its airports and abolish cash payments at all service points as part of broader reforms aimed at enhancing transparency, efficiency, and revenue collection. According to a statement

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