Nigeria: Trump Imposes Sweeping Tariffs On Nigeria, Other Countries
19 Articles
19 Articles
Trump imposes sweeping tariffs on Nigeria, other countries
President Trump introduced two types of tariffs. The first tariff imposes a 10 per cent flat tax on every import entering the US. The post Trump imposes sweeping tariffs on Nigeria, other countries appeared first on Premium Times Nigeria.
Trump Tariffs: Why US matters less to Nigeria’s trade story – New report
Nigeria's exports to the United States account for approximately 2% of the country's Gross Domestic Product (GDP). The post Trump Tariffs: Why US matters less to Nigeria’s trade story – New report appeared first on Nairametrics.
Naira Falls Sharply After Trump’s Trade Tariff - InsideBusiness - Business News in Nigeria
The Nigerian naira weakened significantly against the US dollar on Thursday, a day after US President Donald Trump imposed a 10% hike on global trade tariffs, escalating trade tensions worldwide. At the official foreign exchange (FX) market, the naira fell by ₦20.75 or 1.3%, closing at ₦1,552.53 per dollar, compared to ₦1,531.25 on Wednesday, according to data from the Central Bank of Nigeria (CBN). In the parallel market, the naira also deprec…
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