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McKinsey & Company

Report: Africa expected to be world’s next big growth market

Africa will become the world’s next big growth market, akin to the Asian boom, McKinsey, a management consulting firm said on Tuesday.
China's President Xi Jinping (R) and Philippines' President Rodrigo Duterte waves to members of the media after inspecting the honour guard during a welcoming ceremony at the Malacanang palace grounds in Manila on November 20, 2018. - Chinese President Xi Jinping called his visit on November 20 to long-time US ally the Philippines a "milestone", as he aimed to boost blossoming ties on the promise of billions of dollars in backing for mega-projects. (Photo by Ted ALJIBE / AFP)

Xi Jinping visits Philippines to cosy up to historical US ally

Chinese President Xi Jinping called his visit Tuesday to long-time US ally the Philippines a "milestone", as he aimed to boost blossoming ties on the promise of billions of dollars in backing for mega-projects.
Xi Jinping walks past a guard of honour on his arrival in Manila, the first state visit by a Chinese president to the Philippines in 13 years [Erik De Castro-Reuters]

China’s Xi Jinping arrives in Philippines with focus on infrastructure pledges

Xi Jinping arrived in the Philippines on Tuesday for the first state visit by a Chinese president in 13 years, with the administration of Rodrigo Duterte under pressure to show there is value in its "pivot" to China.
Cambodia's Prime Minister Hun Sen arrives at the ASEM leaders summit in Brussels, Belgium October 18, 2018. REUTERS-Piroschka van de Wouw

Cambodian premier says no China naval base being built

Cambodia will not allow foreign military bases on its soil, strongman premier Hun Sen said Monday, swatting away US concerns about a possible Chinese naval site near hotly contested seas.

China donates classroom blocks, others to Lagos school

The Chinese Consulate in Lagos has handed over two blocks of classrooms as well as other items to St. Patrick’s Nursery and Primary School, Idumagbo, in Lagos as part of its corporate social responsibility project and in a bid to foster better ties between Nigeria and China.

Rotimi Amaechi: How Muhammadu Buhari stopped unnecessary borrowings for Nigeria’s rail projects

The Minister of Transportation, Rotimi Amaechi, on Sunday said that in the course of executing the Warri-Itakpe Rail line, stations were built in the villages of Peoples Democratic Party (PDP) chieftains.

NEMA counters House of Reps’ claims on alleged fraud

The National Emergency Management Agency (NEMA) has countered the claims of violation of public trust against it by the House of Representatives Committee on Emergency and Disaster Preparedness.

BBC snubs Super Eagles stars for African football top award

The nominees for 2018 BBC African Footballer of the year has been announced with no Nigerian Super Eagles player on the list.
Mustapha Maihaja NEMA

NEMA: House of Reps panel economical with the truth

The National Emergency Management Agency (NEMA) has countered the claims of violation of public trust against it by the house Of representatives committee on emergency and disaster preparedness.

N33 billion fraud: House of Reps lied over embezzlement of funds – NEMA

The National Emergency Management Agency, NEMA, has insisted that the House of Representatives lied in the report of its committee on Emergency and Disaster Preparedness, which indicted the agency of violation of public trust in the disbursement of over N33bn emergency intervention fund.
This handout photograph taken and released by India's Press Information Bureau (PIB) on November 17, 2018 shows Indian Prime Minister Narendra Modi (C) being received by dignitaries upon his arrival in Male, to attend the swearing-in ceremony of Maldives president-elect Ibrahim Mohamed Solih. - Ibrahim Mohamed Solih was inaugurated November 17 as the new president of the Maldives after the opposition united to dislodge pro-China strongman leader Abdulla Yameen in September elections. (Photo by Handout / PIB / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / PIB"

Maldives gets new president

Ibrahim Mohamed Solih was inaugurated Saturday as the new president of the Maldives after the opposition united to dislodge pro-China strongman leader Abdulla Yameen in September elections.
U.S. Vice President Mike Pence speaks Saturday at the APEC CEO Summit at the Pacific Explorer cruise ship docked in Port Moresby, Papua New Guinea

US threatens to impose more trade tariffs on China

Vice President Mike Pence and Chinese leader Xi Jinping exchanged barbs and tough talk in competing speeches to world leaders Saturday, with Pence warning the United States could double its tariffs on Beijing unless it bowed to U.S. demands.
(FILES) In this file photo taken on November 8, 2017, US President Donald Trump, and Chinese President Xi Jinping pose at the Forbidden City in Beijing. - Trump on November 1, 2018, said he'd just had "very good" talks with his Chinese counterpart Xi Jinping on the growing trade conflict between the two economic giants. "Just had a long and very good conversation with President Xi Jinping of China. We talked about many subjects, with a heavy emphasis on Trade," Trump tweeted. (Photo by Jim WATSON / AFP)

US, China in fiery APEC clash on trade, influence

China and the US exchanged heated barbs Saturday ahead of a APEC summit, duelling over protectionism, trade tariffs and "chequebook diplomacy" as they laid out sharply contrasting visions for the Pacific Rim region.China and the US exchanged heated barbs Saturday ahead of a APEC summit, duelling over protectionism, trade tariffs and "chequebook diplomacy" as they laid out sharply contrasting visions for the Pacific Rim region.
Juventus

Juventus apologise for China ‘suicide’ condolence message

Juventus have apologised after the Italian champions came under fire for posting a message on Chinese social media about the apparent suicide of a fan, which was later exposed as untrue.
Chinese authorities have detained a Catholic Bishop Pietro Shao Zhumin for resisting demands to join China’s Communist Party-controlled church body.

Chinese authorities detain Catholic Bishop Pietro Zhumin

Chinese authorities have detained a Catholic Bishop Pietro Shao Zhumin for resisting demands to join China’s Communist Party-controlled church body.
Maithripala Sirisena

Sri Lanka, without Prime Minister, cabinet, grinds to political halt

Sri Lanka appeared to be politically rudderless on Thursday as the Speaker of Parliament declared there was no functioning Prime Minister or cabinet after a no-confidence vote the previous day.
(FILES) In this file photo taken on June 11, 2018 North Korea's leader Kim Jong Un (R) walks with US President Donald Trump (L) during a break in talks at their historic US-North Korea summit, at the Capella Hotel on Sentosa island in Singapore.US President Donald Trump has received a "very positive" letter from North Korean leader Kim Jong Un seeking a follow-up meeting after their historic summit in Singapore, the White House said on September 10, 2018. "It was a very warm, very positive letter," White House spokeswoman Sarah Sanders said, adding that the message showed Pyongyang's "continued commitment to focus on denuclearization" on the Korean Peninsula. / AFP PHOTO / SAUL LOEB

Mike Pence: Donald Trump to meet Kim Jong-un in 2019 over nuclear programmes

US Vice President Mike Pence said on Thursday President Donald Trump plans to meet North Korean leader Kim Jong Un in 2019.
Stanbic IBTC

Stanbic IBTC inaugurates Africa-China banking centre

In a move aimed at offering Nigerian and Chinese clients a business-to-business networking and personal advisory service and also help them to access and unlock opportunities in Nigeria-China trade, Stanbic IBTC Bank Plc has commissioned an Africa-China Banking Centre (ACBC) in Lagos.

Recent Stories

Babatunde Fashola: APC did not promise to transform Nigeria in four years

The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said though the All Progressives Congress (APC) government led by President Muhammadu Buhari promised to turn the fortunes of the country around and bring about change in different sectors, it never attached four-year time frame to totally transform the country.

INEC removes names of 1,931 dead persons from Kaduna voters’ register

The Independent National Electoral Commission (INEC) says it has detected and removed the names of 1,931 dead persons from the voters’ register in Kaduna State, ahead of the 2019 elections.

Shehu Sani: I represented Kaduna Central to the best of my ability

The Senator representing Kaduna Central in the red chamber, Senator Shehu Sani has said he has represented the Kaduna central to the best of his ability.
Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.

Micheal Obafemi snubs Super Eagles, debut for Ireland

Southampton striker Michael Obafemi has made his international debut for Ireland, snubbing both Nigeria and England.
Footage showing a recent Boko Haram attack in north-east Nigeria. | AFP | Getty Images

Boko Haram kills 53 in fresh attacks

Boko Haram jihadists have killed 53 soldiers and farmers in three days of attacks in northeastern Nigeria, security sources said Tuesday, in a new show of force ahead of February elections in the West African country.