China-Nigeria Trade Volume Hits $17bn
The bilateral trade volume between China and Nigeria in the first three quarters of 2023 stood at $17.25bn, the Consul General of China in Lagos, Yan Yuqing has said.
Yuqing disclosed this at the China Commodities Expo-Nigeria Lagos, recently.
The Consul noted...
Chinese Loan Hits $4.73bn, Rises By $800m in One Year
Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing an increase of $800m in one year.
It is an increase of 20.36 per cent from...
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...
