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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.
The Nigerian National Petroleum Corporation (NNPC) has been assured by China National Petroleum Corporation (CNPC) that it is committed to helping it secure up to 85 per cent of $2.8 billion it requires to build the Ajaokuta-Kaduna-Kano (AKK) pipeline project, a statement from the corporation on Monday disclosed.
Chinese banking giant ICBC, the world's biggest bank by assets, posted solid profit growth for the first half of the year Thursday but warned that the US-China trade war could pose risks.
The forum was meant to provide insight into how best to help clients and businesses leverage the opportunity as well as assess the impact of the Chinese economy on trade in Africa.
Chinese stocks closed solidly higher on Tuesday after the government signalled it would shift to a looser fiscal policy to shield the world's second-largest economy from the worsening trade row with Washington.
Hong Kong stocks crumbled more than five percent on Tuesday, making it one of the worst performers on a painful day for Asian markets after a record-breaking collapse on Wall Street fuelled by concerns over rising US interest rates.
“We wanted to bring the project with our own funds to a certain level before the Chinese come in, so that they don’t start from scratch and also, for them to know that we are very serious. We have finally tied up everything on this visit,” she said.
Chinese biggest bank, the Industrial and Commercial Bank of China, ICBC, has approved $42.5 million loan for a multi housing development scheme, HELIU residences in Enugu.
An Enugu East Magistrates Court presided by Magistrate A. N. Chioke has remanded 140 members of the proscribed Indigenous Peoples of Biafra (IPOB) over an alleged treason.
Part of recovered looted funds of late Head of state, Gen. Sani Abacha, was expended on various empowerment initiatives of the government, Senior Special Adviser to the President on Social Investments, Maryam Uwais, disclosed in on Thursday
President Muhammadu Buhari has congratulated Prime Minister Narendra Modi of India and the Bharatiya Janata Party (BJP) on their election victory.
Justice A. B. Aliyu of the Federal High Court in Minna, Niger State on Thursday revoked the bail granted to the former Niger State Governor Babangida Aliyu and the former state governorship candidate of the Peoples Democratic Party (PDP), Alhaji Umar Gado Nasko.
The Nigerian National Petroleum Corporation (NNPC) has revealed that the third phase of its ongoing recruitment exercise will involve a computer-based test, which comes up on June 1.
Flying Eagles are battling with the cold weather in Poland as they open their world cup campaign against Qatar on Friday.
Less than three days to the expiration of deadline given to Nigeria by the International Associations Athletics Federation (IAAF) to return to $130,000 mistakenly paid to the Athletics Federation Nigeria (AFN), Nigeria may be banned from competing in major competitions across the globe.
Real Madrid duo Marcelo and Vinicius Junior have been left out of Brazil's squad for the Copa America.
The National Assembly has sent the Proceeds of Crime Bill, designed to further boost Nigeria’s anti-corruption drive, to President Muhammadu Buhari for assent.
The Super Falcons won the 2019 WAFU Women’s Cup on Saturday in Abidjan after defeating hosts Cote d’Ivoire 5-4 on penalty kicks.