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Implication of Nigeria’s currency swap deal with China

For diverse stakeholders in the economy, the Federal Government’s recent currency swap deal with China holds both bright prospects and grave implications for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market. During his official trip to...

China trip yields over $6bn investments, says Presidency

Amid criticisms of his frequent overseas trip, President Muhammadu Buhari has expressed satisfaction that his just-concluded one week official trip to China had yielded over $6bn additional investments for Nigeria. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said this...

Nigeria must not be consumer market for Chinese products —Buhari

Nigeria must not be seen as a consumer market alone, but an investment destination where goods can also be manufactured and consumed locally, President Muhammadu Buhari, has said. He also ordered immediate establishment of technical committees to finalize discussions on infrastructure projects. The President equally...

Nigeria/China Business Forum meeting opens today

President Muhammadu Buhari, who arrived in China yesterday on a week-long visit, will begin his programme with the opening ceremony of the Business Forum of the China/Nigeria Production Capacity Cooperation. The delegation will then leave for a visit to forbidden City, according to presidential Spokesman...

Buhari to open oil & gas confab

President Muhammadu Buhari is to deliver the Presidential Address at this year’s edition of the country’s Oil and Gas Conference and Exhibitions (NOG16) slated for June in Abuja, its organisers, CWC Group, have said. The event holds between June 13 to 16, at the International...

Buhari gets budget details today

The National Assembly has finally completed work on details of the 2016 budget and is expected to present it to President Muhammadu Buhari today. The budget details were presented to the Clerk to the National Assembly, Salisu Maikasuwa by the chairmen of the Senate and...