Switzerland nears deal to cut US tariffs to 15%
Switzerland may secure a deal to lower US tariffs on its exports from 39% to 15% by the end of the week.
IMF
Trump proposes $2,000 payout to Americans funded by tariffs on imported goods
Donald Trump has proposed paying Americans a $2,000 dividend funded by tariff revenue, even as the U.S. Supreme Court reviews the legality of his trade policies.
UK approves zero, reduced tariffs on 3,000 Nigerian export products
The UK has expanded trade opportunities for Nigerian exporters under its Developing Countries Trading Scheme, with nearly 3,000 products now enjoying zero or reduced tariffs.
US tariffs leave India Kashmir’s carpet weavers battling to survive
A 50 % hike in U.S. tariffs on Indian goods has devastated Kashmir’s carpet industry, forcing weavers to abandon their craft and threatening the survival of a centuries-old trade.
Peter Obi blames Nigeria’s IMF exclusion on indiscipline, poor leadership
Peter Obi says Nigeria’s exclusion from the IMF’s list of Africa’s fastest-growing economies reflects indiscipline, corruption, and poor leadership.
Nigeria absent as Benin Republic, Uganda named among Africa’s fastest-growing economies
IMF lists Benin Republic, Côte d’Ivoire, Ethiopia, Rwanda, and Uganda among the continent’s fastest-growing economies, citing fiscal reforms and strong policy frameworks.
Nigeria losing vital revenue to illegal financial outflows – IMF
The IMF has upgraded Nigeria’s 2025 growth forecast to 3.9% while pledging tougher measures to trace illicit financial flows draining the nation’s revenue.
Presidency responds to IMF’s 3.9% economic growth forecast for Nigeria
The Presidency says the IMF’s upgraded growth forecast for Nigeria proves President Tinubu’s reforms are working, citing gains in fiscal management, trade, and investment confidence.
Tinubu administration confirms Wale Edun is unwell, appoints CBN Governor Cardoso to represent Nigeria at World Bank and IMF meetings
The Presidency has confirmed that Finance Minister Wale Edun is seriously ill, prompting CBN Governor Olayemi Cardoso to assume his duties at key global meetings while President Tinubu seeks a potential replacement.
CBN Governor Cardoso takes charge of delegation to IMF/World Bank Summit in Edun’s absence
CBN Governor Olayemi Cardoso will lead Nigeria’s delegation to the World Bank and IMF annual meetings in Washington after Finance Minister Wale Edun was unable to attend due to illness.