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Nigeria Seeks $50bn Oil Investment From China, Others

Nigeria is seeking $40bn to $50bn investment in oil projects with the commencement of a major road show in China, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said. Kachikwu, in an interview with Bloomberg Television in Beijing monitored by our correspondents,...

The Big Deal With China

It was a wonderful state visit to China last month when President Muhammadu Buhari led a high-level government delegation to sign a $6 billion deal to fund joint infrastructure projects. During his visit to Beijing, the Industrial and Commercial Bank of China Ltd (ICBC),...