President Tinubu Calls for Increase in Currency Swap Between China and Nigeria
President Bola Tinubu has urged the Government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China, to enhance trade between the two countries, speed up the infrastructural development in Nigeria and deepen the strategic bilateral relations. Receiving the Minister of Foreign Affairs of China, Wang Yi, at […]
FG Assures CNG Safety Despite Malaysia’s 2025 Phase-out Plan
The Presidency has allayed concerns regarding the safety of Compressed Natural Gas-powered vehicles, recently introduced in Nigeria. While responding to reports on Malaysia’s plan to phase out CNG-powered vehicles by 2025, to protect road users and the public from the potential hazards posed by ageing CNG tanks, Media aide to the President, Bayo Onanuga, clarified […]
Tinubu Calls for Sustenance of Cooperation Drive at FOCAC
President Bola Tinubu has called for the sustenance of the cooperation drive andemphasized the need for peaceful dialogue, transparent business practices, anddiplomatic Conflict resolution in deepening the bond between Africa and China. Speaking yesterday at the opening ceremony of the 2024 Summit of the Forum onChina-Africa Cooperation (FOCAC) at the Great Hall of the People […]
President Tinubu Says Africa Holds Opportunities for Investments
President Bola Tinubu says Africa holds vast opportunities for investments, growth,and development with its vibrant population, and natural resources. Speaking yesterday at a bilateral meeting in Beijing, with Chinese Premier, Li Qiang,President Tinubu commended the role of the Forum on China–Africa Cooperation inadvancing partnership between Africa and China, called for a strategic focus on areasof collaboration […]
President Tinubu Leaves For China
President Bola Tinubu has left Abuja for Beijing, China, for an official visit.According to the Special Adviser to the President on Media & Publicity, Ajuri Ngelale,Tinubu will meet with President Xi Jinping in China and hold meetings with Chinesebusiness leaders on the sidelines of the Forum on China-Africa Cooperation. Our correspondent, Raliat Adenekan reports that […]
President Tinubu to Visit China
President Bola Tinubu is set to embark on a visit to China in first week ofSeptember, aiming to strengthen Nigeria’s economy and advance its strategicinterests through a series of high-level meetings and engagements. Special Adviser to the President on Media and Publicity, Ajuri Ngelale, who made thisknown during a press briefing at the Presidential Villa […]
US House passes billion dollars in aid for Ukraine, Israel, and Taiwan
Video hosting service TikTok says a potential ban on its app in the US would “trample the free speech” of 170 million Americans. The US House of Representatives voted at the weekend to ban TikTok if the app’s owner does not cut its ties with China. The legislation was part of a US foreign policy […]
Super Eagles to play World Champions Argentina in March friendly
The Argentine Football Federation has announced that Nigeria and Argentina will clash in a senior international friendly match in the city of Hangzhou, China, on a yet-to-be-announced date in March. The game is scheduled to take place at the Olympics Sports Centre stadium, which hosted a couple of football games during the 2008 Summer Olympics […]
China’s economy enters deflation with July’s consumer prices drop, the first in over two years.
China’s economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. Analysts said this increases pressure on the government to revive demand in the world’s second largest economy. China’s gross domestic […]
