Get latest articles and stories on Business at LatestLY. "Further easing of food prices is on the anvil as IMD has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good…
Get latest articles and stories on Business at LatestLY. Policy interventions, such as raising import duty to discourage cheap imports, emphasis on quality and incentives have created an ambient atmosphere for the firms in this largely…
Importation of Premium Motor Spirit (PMS) has increased by 10.8 per cent in the first quarter of 2024. Findings by New Telegraph revealed that the country had imported 2.86 million tonnes of petrol valued at N3.63 trillion between January…
From April 30, local authorities will begin to check food documents at the UK border - and independent analysis for ITV News suggests this will cost £2.9billion
In response to a significant decrease in apple harvest volumes for the 2023/24 season, Brazil escalated its apple imports despite the ongoing harvest season. This move aimed to satisfy the domestic demand, resulting in an uptick in the…
Get latest articles and stories on Business at LatestLY. New Delhi [India], April 26: The Forum of Indian Food Importers (FIFI), convened a significant regulatory session in collaboration with the Department of Animal Husbandry and…
LAGOS – The Federal Government has launched a new initiative to monitor import duty exemptions in the country. The initiative is called the ‘Incentive Monitoring and Evaluation Platform (IMEP). Wale Edun, minister of finance and…
ISLAMABAD: Amid continuously rising domestic prices, the government on Thursday decided to import at least 200,000 tonnes of urea to meet ongoing kharif requirements.
In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed…
The United States is currently facing a significant plastic waste crisis, generating 40 million tons of plastic waste each year, with no cost-effective method to recycle 91% of it.
Get latest articles and stories on Business at LatestLY. India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 months of projected imports, according to the Monthly Economic Review report of the…
A group of large solar panel producers from the U.S. have petitioned President Biden with a call to impose import tariffs on panels imported from Cambodia, Malaysia, Thailand, and Vietnam. The reason: low prices that are killing the…
The President of the All Farmers Association of Nigeria (AFAN), Kabir Ibrahim, has revealed that imported rice from India carries a landing cost of $58 per bag. Ibrahim, during a recent conversation with The PUNCH in Lagos, mentioned that…
Nigeria’s import bill is expected to rise significantly as the negative impact of exodus of several multinationals in the pharmaceutical sector of out of the country worsens. Experts disclosed that...