The Nigerian Maritime Administration and Safety Agency has expressed its willingness to partner the Chinese Maritime Administration in ship breaking and recycling. In a report by Punchng, the Director-General of the agency, Dr. Dakuku Peterside, made this known during a courtesy visit by the Acting Chinese Consul General, Li Yong. He said, “Cooperation among the […]
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China has conducted a successful test flight of its hypersonic DF-2F missile, capable of speeds of up to 7,000 mph (11,000 kph) according to sources within the US Pentagon. If confirmed this would be the seventh successful flight of the DF-2F, and comes just days after Russia successfully flew its own hypersonic test missile. According […]
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Standing regimented in line in their matching pink jackets and blue hats, hundreds of Apple employees queue up to make iPhones at a factory in Shanghai. Yahoo. The secretive production facility employs up to 50,000 people, who create Apple’s latest projects in a space the size of 90 football fields. Workers undergo […]
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China must be on guard against foreign infiltration through religion and stop “extremists” spreading their ideology, President Xi Jinping told a top-level meeting on managing religion, state media reported on Sunday. China must also manage the Internet to promote the Communist Party’s religious theories and policies, the official Xinhua news agency cited Xi as saying. […]
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[su_dropcap]T[/su_dropcap]he hope of an early signing of the 2016 Appropriation Bill into law dimmed on Saturday with President Muhammadu Buhari’s decision to travel out of the country on Sunday. Buhari will be away from the country for one week as he begins a working visit to the Peoples’ Republic of China. According to a statement […]
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[su_dropcap]P[/su_dropcap]resident Muhammadu Buhari will sign a loan deal with China during a visit next week as the Federal Government seeks funds to finance the over N2tn budget deficit This is expected to help the government to finance badly-needed infrastructure projects. Speaking to Reuters, the Special Adviser to the President on Media, Mr. Femi Adesina, said, […]
Read More [su_dropcap]N[/su_dropcap]igeria saw its share of China’s crude oil imports shrink by 7.5 per cent last year as the world’s largest energy consumer reduced its import of Nigerian crude to 10.56 million barrels. China’s crude import from Nigeria stood at 11.41 million barrels in 2014, data obtained on Monday from the Nigerian National Petroleum Corporation showed. The […]
Read More The Nigeria- China trade volume in the last one year has hit $14.94 billion. As at end of last year, China’s non-financial direct investment to Nigeria was $1.55 billion according to report. Chinese Ambassador to Nigeria, Mr. Gu Xiaojie who spoke at the symposium of “China/Nigeria Diplomatic Relations at 45: Possibilities, Prosepct and Challenges” in Abuja […]
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ACCORDING to sources, Finance Minister, Mrs. Kemi Adeosun, will travel to China next week to negotiate the loan to help fund the record budget spending, financial and government sources were yesterday quoted by News Agency Reuters. Sources said Nigeria has shelved plans to meet investors about returning to commercial borrowing on the Eurobond market. One Nigerian government […]
Read More CHINA’S government doesn’t share exact figures, but the vast majority of gold heading into mainland China passes through Hong Kong, which does make its records public, CNN report. Gold imports to China have surged over 700% since 2010, according to the latest data from Hong Kong. Exactly what China is doing with all that gold […]
Read More The People’s Republic of China has said it will invest $60bn in Nigeria. Chargé d’Affaires of the Chinese Embassy in Nigeria, Mr. Qin Jian, who said this in a statement commemorating the 45th anniversary of its diplomatic activities in Nigeria, described economic cooperation between both countries as fruitful. Qin said China was willing to integrate […]
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Mr Wang Ming, Deputy Director- General of Fujian Province of China’s Foreign Affairs, on Monday announced the growing interest of the province’s manufacturing companies in Nigeria’s natural products. Wang told the News Agency of Nigeria (NAN) in Lagos that major manufacturing companies in the province were interested in honey and other natural products from Nigeria […]
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