Business
BYD floors Tesla with $100bn EV sales in 2024
Photo: BYD and Tesla EVs By Douglas Maha with agency report The battle for…
Elumelu foundation pledges $15m for 3,000 African business in growth push
The Tony Elumelu Foundation (TEF) has announced a $15 million capital injection to support…
Access Bank issues N194 Billion commercial papers
By Sadeeq Kamsela, Abuja Access Bank Plc is targeting a fresh 194 billion injection…
FG, states, LGAs share N1.678tn February allocation
A total of N1.678 trillion in Federation Account revenue for February 2025 has been…
Dangote Refinery suspends sale of petrol in naira
Dangote Refinery has decided to halt the sale of petroleum products in naira as…
Google to acquire cybersecurity firm Wiz for $32 billion
By Deborah Nnamdi Google said Tuesday it will acquire cloud security platform Wiz for…
Max Air to resume operations March 21 after tire burst incident
By Deborah Nnamdi Max Air, an indigenous carrier, has announced it will resume domestic…
I’m on holiday after $20bn refinery project – Dangote
Africa’s richest man and President of Dangote Industries Limited, Alhaji Aliko Dangote, on Wednesday…
China is ready for any war with U.S. – Embassy tells Trump
China issued a stark warning that it is prepared to engage in “any type” of conflict with the United States in response to President Donald Trump’s escalating trade tariffs on Chinese imports. The tension intensified on Tuesday when President Trump raised tariffs on Chinese goods to 20%, prompting China to retaliate with its own set of tariffs—15% on American agricultural products. In a statement released on X (formerly Twitter), the Chinese Embassy in Washington declared: “If war is what the U.S. seeks— whether it be a tariff war, trade war, or any other type of confrontation—we are prepared to fight until the end.” The Embassy also addressed the ongoing fentanyl crisis, accusing the United States of using it as a pretext to justify tariff increases. The statement said, “If the U.S. genuinely wants to resolve the fentanyl issue, it should engage with China as equals and through dialogue.” China dismissed the U.S. stance as a “flimsy excuse” to impose further tariffs on Chinese imports, reaffirming that its countermeasures are legitimate efforts to protect its national interests. The Embassy insisted that the U.S. is primarily responsible for the fentanyl epidemic within its borders, noting that China has already taken significant steps to assist the U.S. in combating the issue. “In the…
