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China Pledges to Fund, Complete Port Harcourt-Maiduguri, Abuja-Kano Rails

China Pledges to Fund, Complete Port Harcourt-Maiduguri, Abuja-Kano Rails The Chinese government has expressed its commitment to refinance and complete the Abuja-Kano and Port- Port-Harcourt-Maiduguri railway projects. A statement signed by the VP’s Senior Special Assistant on Media and Communications, Stanley Nkwocha, on Wednesday, said: “President...

Nigeria/China Partnership Agreement Worth $5b

Nigeria/China Partnership Agreement Worth $5b About $5 billion is estimated to be the monetary worth of the partnership agreement Nigeria had signed with China through the Forum on China-Africa Cooperation (FOCAC). The bilateral pact has resulted in the execution of vital infrastructure across the country. President Muhammadu...

Oil Prices, Stocks Fall Over Trumps Trade War

Oil Prices, Stocks Fall Over Trumps Trade War Fresh fears of a trade war between the world’s top two economies sent Asia markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports. Energy firms were among the...

ZTE Gets Lifeline from Trump, Xi

ZTE Gets Lifeline from Trump, Xi U.S. President Donald Trump has said that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp “a way to get back into business, fast.” “President Xi of China, and I, are working together to...