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Oil prices slip on economy fears

Oil markets fell on Friday, pulled down by worries over a global economic slowdown, although Organisation of the Petroleum Exporting Countries (OPEC)-led supply cuts and U.S. sanctions against Venezuela provided crude with some support.
Xi Jinping and Donald Trump at their dinner in Buenos Aires. Kevin Lamarque-Reuters

US, China agree to trade war ceasefire, more talks

US President Donald Trump and China’s Xi Jinping agreed Saturday to suspend any new tariffs in the escalating trade war between the world’s two largest economies, even if huge existing duties will remain in place.
WASHINGTON, DC - OCTOBER 23: U.S. President Donald Trump answers questions during a meeting with military leaders in the Cabinet Room on October 23, 2018 in Washington, DC. Trump discussed a range of issues while press were in the room including current relations with Saudi Arabia, and the use of the U.S. military in protecting the borders of the United States. Win McNamee/Getty Images/AFP

Trump eyes more China tariffs, pushing total upwards of $500bn

US President Donald Trump said on Monday he expected to raise punitive tariff rates on hundreds of billions in Chinese imports as early as January 1, 2019.
The two countries imposed new tariffs on a massive amount of each other's goods mid-September [Greg Baker-AP]

China’s trade surplus with US widens to record $34 billion

Despite a worsening tariff war, China's trade surplus with the United States has widened to a record $34.1bn in September.

US approves possible sale of military parts to Taiwan

The US State Department is ready to sell a batch of military parts to Taiwan, officials said Monday, the same day President Donald Trump’s latest round of tariffs against Chinese imports took effect.
US President Donald Trump attends a joint press conference with the Russian President after a meeting at the Presidential Palace in Helsinki, on July 16, 2018. The US and Russian leaders opened an historic summit in Helsinki, with Donald Trump promising an "extraordinary relationship" and Vladimir Putin saying it was high time to thrash out disputes around the world. / AFP PHOTO / Brendan SMIALOWSKI

Donald Trump accuses China of trying to ‘impact’ US election with trade war

President Donald Trump on Tuesday accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries’ escalating trade war.

China vows countermeasures to new US tariffs

China said on Tuesday that it will take countermeasures to the United States President Donald Trump’s decision to impose new tariffs on 200 billion dollars worth of Chinese imports.
Pedestrians walk past the electronics stock indicator at the window of a security company in Tokyo on March 2, 2018. Tokyo stocks opened lower on March 2, taking a negative lead from Wall Street where shares tumbled after President Donald Trump vowed to enact steep tariffs on steel and aluminium imports, reviving fears of a trade war. / AFP PHOTO / Toshifumi KITAMURA

Asian markets sink on fresh trade fears after Donald Trump remarks

Hong Kong and Shanghai led a broad sell-off across most Asian markets Monday after Donald Trump threatened to impose tariffs on all Chinese imports, ramping up fears of an all-out trade war between the world's top two economies.
Chinese Foreign Ministry spokesman Geng Shuang (pic) attributed the arrest of Swedish bookseller Gui Minhai to the 'violation of Chinese laws', without further explanation. – EPA pic, February 6, 2018.

China: US ‘disappoints’ the world with trade war

China warned the United States on Thursday that upping the ante in a tit-for-tat trade war will "only serve to disappoint" the world as Washington threatened to raise the tariff rate on the next $200 billion of Chinese imports.

Blatant trade bullying will only backfire

On July 20, the United States threatened to impose tariffs on all US$500bn worth of Chinese imports. Earlier on July 6, the US announced to impose 25 per cent tariffs on US$34bn worth of Chinese goods. On July 11, the US further escalated by announcing a tariff list of Chinese products worth US$200bn.
Chinese Embassy in Washington

China issues US travel warning amid trade tensions

Chinese embassy in Washington has issued a security advisory to Chinese nationals traveling to the US, the latest of such warning as trade tensions escalate between the two countries.

Donald Trump threatens new round of $200 billion tariffs on Chinese goods

President Donald Trump has directed the US Trade Representative to prepare new tariffs on $200bn in Chinese imports as the two nations moved closer to a wider trade war, with Beijing promising retaliation.

Donald Trump triggers trade war with China

US President Donald Trump has ignited his trade war with China, slapping tariffs on tens of billions in Chinese imports and sparking immediate retaliation from Beijing.

Donald Trump announces tariffs on $50 billion in Chinese imports

US President Donald Trump on Friday announced tariffs of 25 percent targeting $50 billion in Chinese imports from “industrially significant” technologies, making good on a pledge to punish the alleged theft of American intellectual property.

Recent Stories

Nigerian National Petroleum Corporation (NNPC)

Nigeria awards crude-for-product swap deals to 15 firms

Nigerian state oil company NNPC said on Sunday that 15 companies had won the right to swap the nation’s crude oil for fuels following a tender for the deals.
A Nigerian, identified as Dibia Obinna has been deported by Kenyan authorities, after police accused him of being a drug and human trafficker.

Kenya deports Nigerian national Dibia Obinna linked with drugs, human trafficking

A Nigerian, identified as Dibia Obinna has been deported by Kenyan authorities, after police accused him of being a drug and human trafficker.
20 year old Josh Okogie who plays for Minnesota Timberwolves has expressed his enthusiasm in playing for Nigeria’s D’Tigers over the United States National team, saying the decision wasn’t a hard one as it was influenced by his passion in seeing the Nigeria’s team return to her past glory.

D’Tigers in disarray over lack of funds for FIBA World Cup

D’Tigers players, in their last phase of their camping in Lagos ahead of the 2019 FIBA World Cup in China, are distraught following the uncertainties surrounding their participation in the tournament tipping off 31 August 2019 in China.
Hong Kong protesters seize roads in defiance of China warnings

Hong Kong readies for further protests after massive, peaceful rally

Hong Kong is gearing up for further protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes.
Caf Confederation Cup campaigners Niger Tornadoes will engage Nigeria Professional Football League (NPFL) side MFM in a friendly at the Agege Stadium, Lagos, on Monday.

Niger Tornadoes set for MFM friendly ahead Caf Confederation Cup tie

Caf Confederation Cup campaigners Niger Tornadoes will engage Nigeria Professional Football League (NPFL) side MFM in a friendly at the Agege Stadium, Lagos, on Monday.