Google announced Wednesday that it will open a new artificial intelligence research centre in Beijing, tapping China’s talent pool in the promising technology despite the US search giant’s exclusion from the country’s internet. Artificial intelligence, especially machine learning, has been an area of intense focus for American tech stalwarts Google, Microsoft and Facebook, and their […]
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China announced tariff cuts Friday on consumer goods including avocados, mineral water and baby carriages in a new effort to spur economic growth driven by domestic consumption and reduce reliance on trade and investment. Beijing faces pressure from the United States, Europe and other trading partners for better access to its growing market. But the […]
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Skype has apparently joined the lengthening list of internet tools on China’s blacklist, disappearing from download stores with Apple saying Wednesday it was ordered by the government to remove certain apps. Skype is no longer available for download from the Chinese Apple Store or popular Android sites, with Chinese web-users saying it had been gone […]
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Environmental Investigation Agency (EIA) in its recent reports has revealed that over 1.4 million illegal rosewood logs from Nigeria, worth $300 million, were laundered into China. The reports by EIA described illegal rosewood logs from Nigeria as one of the largest timber smuggling operations in history, as multiple sources told EIA undercover investigators that over […]
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UN Deputy Secretary-General Amina Mohammed faced accusations from an advocacy group on Thursday that she granted illegal permits to Chinese firms to import endangered Nigerian timber when she was Nigeria’s environment minister. Documents provided by Mohammed were used by Chinese importers to clear more than $300m worth of rosewood logs held up by Chinese border […]
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The Peoples Republic of China has disbursed over $30 billion in funding support to Nigeria and other African countries to drive its cooperation plans on industrialisation and agricultural modernisation. The Director, Centre for China Studies, Mr. Charles Onunaiju, said the fund was part of the $60bn pledged by China to African countries during the Forum […]
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International businessman, investor and former governor of Abia State, Dr. Orji Uzor Kalu has urged African leaders to embrace economic diversification. He urged them to allow the private sector to be in-charge of businesses or consider the alternate option of living in regrets . He said government has no business in businesses and that selfishness […]
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Emirates Airline says it has launched flight operations between Dubai, United Arab Emirates (UAE) and Guangzhou, China promising to offer special services to Nigerian passengers who fly on the Lagos-Dubai- Guangzhou route. Emirates Country Manager for Nigeria, Mr. Afzal Parambil, who spoke at a press conference in Lagos recently described Guangzhou as a popular destination […]
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Nigeria, Brazil, China, the European Union (EU) and other leading economic powers announced that they have made tremendous progress on investment facilitation initiative for development. The group made this known in Marrakech, Morocco, during the World Trade Organisation (WTO) Mini-Ministerial meeting. In a breakthrough for Nigeria, the group of World Trade Organisation (WTO) Friends of […]
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Nigeria’s Corporate Affairs Commission says it has made provisions for foreign investors planning to invest in Nigeria to register their companies from UK, USA and China without coming into the country. The Registrar-General CAC, Bello Muhmud, made this known at a formal presentation of Quality Management Service standard certification to the commission on Thursday in […]
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Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum’s annual rankings showed on Wednesday. Following is a table showing the top 30 countries, according to the World Economic Forum. 1 Switzerland 2 United States 3 Singapore 4 Netherlands 5 Germany 6 Hong Kong 7 Sweden 8 United […]
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Chinese Ambassador to Nigeria, Dr. Zhou Pingjian, has called on the federal government to show greater commitment towards the improvement of friendly investment measures for Chinese investors. Zhou made the call in Abuja during the 3rd China-Nigeria Consular Forum on ‘Consular Services: Benefit both Nigeria and Chinese peoples and inspire shared Dreams.” he assured that […]
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