Category: All Posts in Business Category
• Business
Fuel Importers Under Pressure as Petrol Landing Cost Hits N870 — Higher Than Dangote’s Rate
Friday, May 2, 2025 — WafricNewsThe cost of landing Premium Motor Spirit (PMS), commonly known as petrol, has surged to an average of N870 per litre — a development that is threatening the survival of...
• Business
U.S. Closes Import Loophole, Triggering New Tariffs and Rising Prices for Shoppers
Friday, May 2, 2025 — WafricNewsMillions of Americans are waking up to unexpected price hikes and shipping delays as a major trade rule quietly expired at midnight Friday, signaling a new chapter in t...
• Business
Asian Markets Rebound as Hopes for U.S.-China Trade Talks Calm Investor Jitters
WafricNews | May 2, 2025Asian stock markets posted modest gains on Friday, buoyed by renewed signs of diplomatic engagement between the United States and China, two economic superpowers whose trade r...
• Business
CBEX Defies SEC Ban, Resumes Operations Amid N1.2 Trillion EFCC Fraud Probe
The Central Bank Exchange (CBEX) has resumed operations just weeks after being sanctioned by Nigeria’s Securities and Exchange Commission (SEC) and facing an ongoing investigation by the Economic and...
• Business
Judge Finds Apple in Violation of App Store Reform Order
A U.S. federal judge has ruled that Apple violated a court order requiring it to ease restrictions in its App Store, marking a significant legal setback for the tech giant.The ruling stems from Apple’...