Home Topics China Exim Bank

China Exim Bank

Election: Rotimi Amaechi challenges Peter Obi to debate

Rt. Hon. Rotimi Amaechi, the Director General of the All Progressives Congress Presidential Campaign Organisation (APCPCO), has challenged Peter Obi, vice-presidential candidate of the Peoples Democratic Party (PDP) to a public debate.
President Buhari commissions New Terminal Building of Abuja International Airport on 20th December 2018-10

Muhammadu Buhari inaugurates new airport terminal

President Muhammadu Buhari on Thursday in Abuja inaugurated the new Terminal at the Nnamdi Azikiwe International Airport, Abuja, in line with his administration’s promise to inaugurate the project before the end of Dec. 2018.
Minister of State for Aviation, Hadi Sirika

Hadi Sirika: Nigeria Air project awaiting FEC approval, needs $300 million

The Minister of State for Aviation, Senator Hadi Sirika, says the Nigeria Air project is currently at the procurement stage, and awaiting the approval of the Federal Executive Council.
The Buhari Media Organization (BMO) is mocking the opposition Peoples Democratic Party (PDP) for claiming that former President Goodluck Jonathan financed the Port Harcourt airport.

Group mocks PDP over Port Harcourt airport project

The Buhari Media Organization (BMO) is mocking the opposition Peoples Democratic Party (PDP) for claiming that former President Goodluck Jonathan financed the Port Harcourt airport.
MUHAMMADU BUHARI 2

BMO: Muhammadu Buhari committed to completion of ongoing projects

The Buhari Media Organisation has assured that the President Muhammadu Buhari-led administration will not back down on its avowed commitment to complete all ongoing infrastructure projects within the specified time, regardless of what opposition parties say.
President Buhari commissions Portharcourt International Airport Terminal Building in Rivers State on 25th Oct 2018 10

President Buhari’s remarks at inauguration of new terminal at Port Harcourt Airport

You will recall that after opening the major airport terminals in the country in the late 70s and early 80s, not much was added to increase the passenger handling capacity of these facilities by successive administrations.
President Buhari commissions Portharcourt International Airport Terminal Building in Rivers State on 25th Oct 2018 8

Muhammadu Buhari explains removal of VAT from domestic air fares

President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation is to make air travel more affordable to citizens.

East Africa spends 8 percent of revenue to service debt

East African countries are now spending almost eight per cent of their revenues to service $29.42 billion loans borrowed in the past 10 years.
Nigeria Railways

Federal government negotiating $6 billion loan from China for Ibadan-Kano rail

Rotimi Amaechi, minister of transportation, says the federal government is negotiating a $6 billion loan with the Chinese government to complete the Ibadan to Kano rail track.

Federal government threatens to revoke CCECC’s Ajaokuta-Itakpe-Warri rail project contract

The Federal Government has read the riot act to China Construction Engineering Civil Company (CCECC) urging them to increase the pace of work on the ongoing Ajaokuta, Itakpe, Warri railway project or risk revocation of the contract.
Former Nigeria's President Olusegun Obasanjo

Ex-President Obasanjo urges China to support Africa’s infrastructure deficit with $100bn

Former President Olusegun Obasanjo has called on the government of the Peoples Republic of China to earmark at least $10 billion annually to support infrastructure provision in Africa for a period of 10-years.

President Buhari: Political commitment needed to revive Lake Chad Basin

President Muhammadu Buhari on Wednesday in Abuja stressed the need for political commitment towards reviving the Lake Chad Basin.

Budget: Senators beg ministry to fund Senate project

The Senate Monday begged the Ministry of Communication to provide funds for its annual conference on cyber space security.

President Buhari updated on $550m new satellites from China

The Minister of Communication, Alhaji Adebayo Shittu, on Wednesday updated President Muhammadu Buhari on the approved procurement of two new satellites from China at the cost of 550million dollars.

Federal govt agrees $550 million satellite deal with China

Nigeria has agreed a $550-million deal to buy two Chinese communications satellites and hopes to sign the contract before the end of the month, the communication minister said on Wednesday.

Nigeria needs about $36bn connect all states by rail – Rotimi Amaechi

Minister of Transportation, Rotimi Amaechi, on Tuesday stated that Nigeria needed about $36bn to connect rail lines across the country.

CNPP urges President Buhari to sack inefficient ministers

The Conference of Nigerian Political Parties (CNPP) has urged President Muhammadu Buhari to sack inefficient ministers in his cabinet.

Chinese firm shifts delivery date of $1.2bn Zungeru Power Plant

The China National Electric Engineering Company Limited (CNEEC), which is handling the 700 megawatts hydro-electricity power plant in Zungeru, Niger State, yesterday gave reasons the December 2019 delivery date of the project might not be feasible.

Recent Stories

Rwanda seizes skin bleaching products worth $46,000

Rwandan authorities have seized skin bleaching products and other illegal products worth $46,000 in a joint operation conducted in different parts of the country, the Rwanda Investigation Bureau said on Friday.

Election: INEC concludes distribution of sensitive materials in Kogi

The Independent National Electoral Commission office in Lokoja, Kogi State, says it has concluded the distribution of sensitive materials for the Presidential and National Assembly elections to all the 21 local government areas of the state.

FIRS lifts restrictions on bank accounts of alleged tax defaulters

The Federal Inland Revenue Service (FIRS) has written to banks, directing them to lift the lien on tax defaulters’ bank accounts for 30 days.
Luigi Ventura

France probes sexual assault claim against Vatican envoy

French prosecutors said Friday they were investigating a sexual assault complaint made against the Vatican’s envoy to Paris in more unwelcome news for the Catholic church as it looks to turn the page on years of scandal.
[FILE] Israeli Prime Minister Benjamin Netanyahu delivers a speech before lighting a stylised-menorah during the start of Hanukkah, the Jewish festival of lights, in Ramat Gan in the suburbs of the Mediterranean coastal city of Tel Aviv on December 2, 2018. – Israeli police on December 2 recommended indicting Prime Minister Benjamin Netanyahu and his wife Sara for bribery and other offences, the third such move against the premier in recent months. Netanyahu immediately rejected the accusations, but the three cases against him have led to speculation that they could eventually force the long-serving prime minister to step down. (Photo by Jack GUEZ / AFP)

Israel denies Netanyahu’s Holocaust comment in Poland

Israel has denied reports that Prime Minister Benjamin Netanyahu implicated Poles in the Holocaust during World War II, in an incident that threatened to spark another major spat between the two countries.