The United States has removed Nigeria from its list of countries restricting religious freedom. It also blacklisted Russia, China and eight other countries “as countries of particular concern for having engaged in or tolerated ‘systematic, ongoing,...
Oil prices fell on Wednesday after the Chinese government stepped up efforts to tame record high coal prices and ensure coal mines operate at full capacity as Beijing moved to ease a power shortage. Prices for...
Three Chinese astronauts left a space station module on Thursday on a spacecraft bound for Earth, completing the third of more than 10 missions needed to finish China's first space station by the end of...
Oil prices fell more than 1% on Monday, dropping for a third session, after official data showed that refining throughput and economic activity slowed in China in an indicator that fresh COVID-19 outbreaks are crimping...
China’s Consul General in Lagos, Mr Chu Maoming, has said his country’s cooperation with Nigeria ‘has not only promoted the growth of Chinese companies but also created huge job opportunities and tax revenue and boosted...
The China National Petroleum Corporation (CNPC), now known as China Petroleum Pipeline Engineering Co. Ltd. (CPP), has commenced work on the construction of a 1,980km, 20-inch-diameter pipeline that will carry crude from the Agadem Rift...
The Senate has approved federal government’s request to obtain external loans to the tune of $8,325,526,537 and €490,000,000 under the 2018-2020 External Borrowing (Rolling) Plan. The approval of the loan at plenary Thursday followed the consideration...
The federal government says it will continue to collaborate with the Chinese government in the area of provision of critical infrastructure in the country. The Special Adviser to the President on Media and Publicity, Femi Adesina,...
Transportation Minister Rotimi Amaechi says Nigeria has commenced repayment of loans obtained from China. In an interview with Arise TV on Monday, Amaechi said Nigeria has never defaulted on loans from foreign countries and international lenders. The minister said...
Developing countries are to reduce their dependence on China for infrastructural development as the G7 moved yesterday to launch a grand infrastructure plan to counter President Xi Jinping’s multi-trillion-dollar Belt and Road initiative. More than...