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Sep 12, 2018
President Muhammadu Buhari said Chinese loans to Nigeria were not “debt trap” as being purported, noting that the nation was able to repay all the loans as and when due.…
The free fall of equities persisted on the Nigerian Stock Exchange (NSE) in the month of August with investors net worth depreciating further by 5.86 per cent.   Data obtained…
Sep 10, 2018
French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) as well as their project partners will launch Egina crude at this year’s Asia Pacific Petroleum Conference (APPEC) in…
Sep 10, 2018
India has overtaken the Netherlands as Nigeria’s major export trading partner in the second quarter of 2018, according to the National Bureau of Statistics (NBS). The NBS had ranked the…
The Nigerian Stock Exchange (NSE) is now ranked the worst performing equities market in the African continent as the Year-to-Date (YTD) return of the All-Share Index (ASI) worsened. The YTD…
China has agreed to restructure some of Ethiopia’s loans, including a loan for a four billion dollars railway linking its capital Addis Ababa with neighbouring Djibouti, Ethiopia’s Prime Minister Abiy…
Sep 07, 2018
The Chinese Government has expressed readiness to invest N2.16 trillion ($60 billion) in Africa in the next three years.   The Consul-General of the People’s Republic of China in Lagos,…
Sep 06, 2018
More Kenyans believe that China constitutes the biggest threat to the country’s economic and political development than the United States of America, a survey shows.   The survey by Ipsos…
Sep 04, 2018
China has pledge a total of $60 billion financial support for projects in Africa, Chinese President, Xi Jinping, announced on Monday. The President, who made the announcement while speaking at…
Sep 02, 2018
During the visit of the Chancellor of Germany Angela Merkel to Nigeria, Volkswagen took the opportunity to sign a Memorandum of Understanding (MoU) in the presence of both the Chancellor…
Aug 31, 2018
MTN Nigeria has dismissed allegations by the Central Bank of Nigeria (CBN) over illegal repatriation of shareholders’ dividends amounting to $8.1 billion by the company between 2007 and 2015. The…
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the Nigerian economy could be regarded as a diversified economy based on the Q2 2018 Gross Domestic Product…
Aug 30, 2018
The Minister of State for Petroleum Resources, Ibe Kachikwu, on Tuesday said there were no plans by Federal Government to sell its stakes in the Nigerian Liquefied and Natural Gas…
Aug 30, 2018
NNPC, Nigeria’s cash cow refused to release oil money for sharing   The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a subsidiary to provide refueling services…

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