Nigeria, China Finalising Negotiations On N43.24bn Ibadan Port     Negotiations between the Federal Government and China Railway Construction Corporation Limited for the construction of the Ibadan Inland Dry Port is nearing completion, the Nigerian Shippers’ Council announced on Sunday. The CRCC is the preferred bidder for the...

China Reversing Nigeria’s Infrastructural Deficit, Says Buhari   President Muhammadu Buhari, on Tuesday lauded what he called China’s contributions towards the reversal of infrastructure deficit in Nigeria. He said such contributions were visible in the areas of rail, roads, airports and power. According to a statement by his...

Nigeria’s Exports To China, India, Others Now N1.87trn   Commodity exports from Nigeria to China, India, Spain, Netherlands and South Africa in the first quarter of this year hit N1.87tn, the National Bureau of Statistics has said. The NBS disclosed this in its Commodity Price Indices Terms...

China and Africa's Solidarity Against COVID-19 By Lawal Sale Maida   On June 17, the Peoples Republic of China and African leaders met via a teleconference to discuss ways and strategies against the ravaging COVID-19, in furtherance of their joint efforts against the pandemic. The meeting, a...

Fed Govt Approaches China For $17bn Loans   The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions like the World Bank and the African Development Bank were not showing much interest when...

Dangote Oil Refinery Announces Key Equipment Arrival   Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process crude oil in its refinery being built in Lagos. The firm, in a statement, described the crude distillation column equipment as...