Debt: Nigeria Defaults In Repayment To China, Penalties Stand At N41. 31bn   Nigeria has failed to service its debt to China which has accumulated to N110.31 billion in the last two years. According to report by the Debt Management Office (DMO), the China debt stock...

Kogi, China Plan N591bn Investments, 685,000 Jobs   Kogi State Government has signed a Memorandum of Understanding with Chinese investors for the provision of technology security architecture to track movement in and out of the state from a central control centre. It said this was to...

Russia-China Trade On The Rise, Hits $136bn   The volume of trade between Russia and China has continued to grow, hitting $136 billion in the first nine months of this year, the National Bureau of Statistics of China reported on Monday. According to their data, bilateral economic...

Economically Colonizing Independent African Nations - China Is On It's Way,    Just like colonizing most African countries took something like handing out "sugar" and some other non-collateral items, in 21st century independent but dependent African countries are allowing China inroads as they use economic colonizing...

Nigeria’s Imports From China Rise By 183.91%   Nigeria’s import from China rose by 183.91 per cent from N530.98bn in the first quarter of 2018 to N1.51tn in Q1 2022. According to the National Bureau of Statistics (NBS) data on foreign trade, China is responsible for most...

Oil Prices Drop Below $100 A Barrel Amid Lockdowns In China   Oil prices, on Monday, plunged 4 per cent amid concerns that the pandemic will cut demand in China. Brent crude futures fell 4 5 per cent to $98.16 a barrel by 19:53 GMT +1, while...