The United States and China are in a fresh standoff over sanctions targeting Chinese oil refineries accused of processing Iranian crude, escalating tensions between the two largest economies.
FG Eyes $5.7bn Investment Deal with China
The Federal Government is deepening negotiations to secure up to $5.7bn in strategic investments from China across critical sectors of the economy, the Ministry of Finance said on Monday.
In a statement issued after a meeting in Abuja, the...
When I first heard that more Chinese traders in Nigeria are beginning to accept the naira rather than insisting on the U.S. dollar, I felt a surge of cautious optimism
China Grants Duty-free Market Access to Nigeria, Others
In a major policy shift set to reshape Africa-China trade relations, the Chinese government has announced plans to grant Nigeria and 52 other African nations full duty-free access to its vast consumer market.
The new trade initiative,...
Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.
POWER PLAY: How Trump's Withdrawal from WHO Gives China the Upper Hand
By Zekeri Idakwo Laruba
The United States' withdrawal from the World Health Organisation (WHO) may likely create a power vacuum, and China is poised to fill it. This move marks the second attempt by...
