LAGOS SEPTEMBER 10TH (NEWSRANGERS)-China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready to slap tariffs on virtually all Chinese imports into the United States. On Friday, Trump said he was ready to levy additional taxes on practically…
LAGOSSEPTEMBER 5TH (NEWSRANGERS)-Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of vital infrastructure projects across the country, valued at over $5 billion in the last three years of the current administration. President Muhammadu Buhari disclosed this on Tuesday in Beijing at the FOCAC Round Table meeting, attended…
LAGOS AUGUST 31ST (NEWSRANGERS)-President Muhammadu Buhari will be visiting China on Friday to participate in the 7th Summit of the Forum on China-Africa Cooperation (FOCAC) scheduled to hold September 3 – 4, 2018 in Beijing. The President’s first engagement in the country will be an interactive session with the Nigerian Community in China at the…
LAGOS AUGUST 23RD (NEWSRANGERS)-Nigeria midfielder John Obi Mikel has withdrawn his name from contention for the Super Eagles’ squad for their Africa Cup of Nations qualifier against Seychelles next month. Mikel, who captained the side at the World Cup in Russia earlier this year, will not travel to the island nation from his base in…
LAGOS AUGUST 11TH (NEWSRANGERS)-Nigeria’s stocks entered a bear market as worsening political tensions and an emerging-market sell-off caused foreign investors to shun assets in Africa’s biggest oil producer. The Nigerian Stock Exchange All Share Index fell 2.2 percent to 35,446.47 by the close in Lagos, the commercial capital, bringing the decline since its 2018 high…
LAGOS JULY 16TH (NEWSRANGERS)-Former President Olusegun Obasanjo on Saturday congratulated Dr. Kayode Fayemi over his victory at the Ekiti state governorship election held on Saturday. In a letter to Fayemi, copies of which were made available to newsmen in Abeokuta, the former president said he received the news with delight while in transit to China….
China LAGOS MAY 22ND (NEWSRANGERS)-China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister has warned that Beijing-style economic governance will not work for Africa. “China has been very helpful,” particularly with building much-needed infrastructure…
LAGOS MAY 3RD (NEWSRANGERS)-Nigeria and China agreed on a currency-swap agreement worth $2.4 billion to boost commercial ties and reduce the need to use the dollar in bilateral trade. Yi Gang, governor of the People’s Bank of China, and Godwin Emefiele, his Nigerian counterpart, signed a three-year swap of 15 billion yuan or 720 billion…