With U.S. diesel prices rising to an all-time high this week, President Donald Trump added support to the calls from farm-state Republicans to implement a temporary ban on diesel exports. “I’ve said let’s not send out the diesel. We make a lot of diesel. I’ve called for it,” Trump said late Tuesday at the U.N….
Ghana’s state-owned fuel distributor BOST Energies has reduced diesel and gasoline exports to Burkina Faso and Mali since August, prioritising domestic demand as global fuel markets tighten. Managing Director Afetsi Awoonor said the conflict in Ukraine and the Middle East has tightened oil and gas supplies globally, driving fuel prices to record highs ahead of…
Nigeria, Ghana, Côte d’Ivoire and Cameroon have signed the Abuja Declaration, forming an alliance that aims to end the exports of raw cocoa beans and negotiate with international buyers as a single bloc controlling about 75 percent of global production. The four countries signed the declaration on Tuesday at the 2026 cocoa value addition summit…
Guinea has imposed a ban on the export of unrefined gold, joining a growing list of African nations seeking to extract greater value from their natural resources by forcing local processing before shipments leave the country. President General Mamady Doumbouya announced the policy after consultations with industrial and artisanal gold producers as well as traders…
The Nigeria Export Promotion Council (NEPC) has revealed that Nigeria shipped 663 million metric tonnes of goods to 11 ECOWAS countries in the first half of 2025. This marks a notable rise from the same period last year, underscoring the country’s growing role in West African trade. NEPC Director-General, Mrs. Nonye Ayeni, shared the figures…
…as ECN targets nationwide solarisation, boosts renewable push amid power challenges By Joe Udo ABUJA (CONVERSEER) – The Energy Commission of Nigeria (ECN) says it is intensifying efforts to drive a nationwide shift towards renewable energy, with solar power identified as a key strategy for addressing Nigeria’s electricity deficit – despite criticism of exporting power…
In a significant boost to East-West African trade relations, Kenya has airlifted 50 in-calf Ayrshire heifers to Nigeria’s South-West region, Ogun State. This shipment symbolises growing collaboration in livestock trade between the two countries. The cattle, transported via Kenya’s Eldoret International Airport, are in-calf Ayrshire heifers, young, pregnant female cows prized for their high-quality dairy…
Leading U.S. energy products exporter Enterprise Products Partners warned that the Trump administration continuing to “weaponize” fossil fuel shipments to China would only backfire against U.S. shippers. Enterprise co-CEO Jim Teague issued his complaints during the July 28 earnings call about two months after the U.S. Commerce Department temporarily banned ethane exports to China as…
President Donald Trump’s on-again, off-again tariffs have taken the global economy on a wild ride, but China has been his main target and faces prohibitively high duties. While he just gave key tech imports a temporary reprieve, the rest of China’s producers still face tariffs of 145%, meaning toys, apparel and furniture made there will…
By Nkiruka Nnorom The Federal Government has said that the 14 percent reciprocal tariffs imposed on Nigeria by US President, Donald Trump, has the potential of adversely impacting on Nigeria’s oil and non-oil exports. The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, stated in a statement, saying that the development could potentially disrupt…
