SweetCrude

1 week ago | sweetcrudereports.com | Hector Igbikiowubo

Johannesburg — Banks in sub-Saharan Africa will not be directly impacted by U.S. import tariffs, but “second round effects”, including their impact on the macroeconomic outlook and on China, could still bite, credit rating agency Moody’s said. The impact is likely to include higher funding costs and fallout from slower growth in China, which is a big export market for Sub-Saharan African commodity exporters, Moody’s said in a recent report on African banks.

1 week ago | sweetcrudereports.com | Hector Igbikiowubo

Esther Oritse Lagos — Despite claims that a call-up system is not necessary at the Onne Port in the Eastern part of the country, a Chieftain of the Association of Maritime Truck Owners, AMATO Adeshina Ajibola has said that implementing a fully automated system would not only streamline trade operations but also help prevent road accidents.

1 week ago | sweetcrudereports.com | Hector Igbikiowubo

– Security chiefs, stakeholders unite at Omoku town hall meeting to strengthen safety and progressOmoku, Rivers State – The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (rtd), has called on the people of Ogba/Egbema/Ndoni Local Government Area (ONELGA) to prioritize peace as a necessary foundation for meaningful development.

1 week ago | sweetcrudereports.com | Hector Igbikiowubo

Ngo, Andoni, Rivers state – The Rivers State Government has launched an ambitious intervention program for Andoni Local Government Area, targeting long-standing development gaps in the oil-producing region that has paradoxically suffered neglect despite its economic contributions.

1 week ago | sweetcrudereports.com | Hector Igbikiowubo

Lagos — Gold prices slipped on Wednesday as reports of upcoming trade talks between US and Chinese officials lifted market sentiment and reduced safe-haven demand. The prospect of negotiations between Washington and Beijing has fueled optimism, even as broader trade uncertainties persist. Investor focus is also directed at the Federal Reserve’s policy decision later today, where Chair Jerome Powell is expected to provide insights into the central bank’s outlook.