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Nigeria’s economic outlook for 2026 will be shaped by a mix of global and domestic pressures, according to the Managing Director of Cowry Asset Management Limited, Johnson Chukwu. Chukwu spoke at the Cowry Quarterly Economic Discourse (QED), which was held virtually on Thursday, December 15. Delivering a keynote presentation titled “Nigeria in 2026: Will Politics …

Lagos Island's commercial district

Company executives, customs brokers, and trade lawyers are preparing for a potential Supreme Court ruling on the legality of President Donald Trump’s global tariffs, which could trigger a fight over up to $150 billion in refunds for duties already paid. The tariffs, imposed under the International Emergency Economic Powers Act (IEEPA) of 1977, have faced …

America’s small businesses are bracing for a rough patch. According to new data released by the National Federation of Independent Business (NFIB), confidence among U.S. small business owners fell sharply in September, as inflation worries, tariff pressures, and growing policy uncertainty weighed heavily on Main Street. The NFIB Small Business Optimism Index dropped 2.0 points …

By Esther Ososanya President Donald Trump’s steep new tariffs, some reaching 50%, hit U.S. trading partners with full force Thursday, triggering global fallout, defiant rhetoric, and scrambling negotiations from allies caught off guard. With duties now at their highest in a century, countries like Brazil, Switzerland, India, and Canada are reeling, while others race to …

By Esther Ososanya   Brazil’s former President Jair Bolsonaro has been placed under house arrest following a Supreme Court order on Monday, intensifying political turmoil in South America and drawing sharp international rebuke, especially from the United States, where President Donald Trump has thrown his weight behind Bolsonaro’s defence. The dramatic ruling came from Supreme Court …

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