BY MOTOLANI OSENI Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its bilateral currency swap agreement with the Central Bank of Nigeria(CBN) to the tune of N3.28 trillion or 15 billion yuan, an equivalent of $2.09 billion.
China and Nigeria have taken a significant step to enhance their long-standing partnership, advancing their relationship to a comprehensive strategic level. This new phase of cooperation was announced at the 2024 Forum on China-Africa Cooperation (FOCAC), where both nations pledged to deepen economic ties. As China’s second-largest trading partner in Africa, Nigeria stands
China has recently pledged to continue implementing a major Belt and Road action plan to further promote scientific innovation and redouble efforts to develop multilateral platforms for cooperation in the digital economy and artificial intelligence. The country made the pledge in a key document which outlines its plans for reform and modernization in the coming […]
BY ORJI ONYEKWERE The Charge D’affairs of the Chinese Embassy Mr. Zhang Yi has reaffirmed China’s commitment to collaborate with Nigeria in Cultural Exchange Programs and infrastructure development. The Acting Ambassador to Nigeria made the commitment to reaffirm continuous collaborations with the Ministry of Art, Culture, and the Creative Economy when he paid a courtesy
Supporting agricultural development and food security has always been a key focus of the cooperation between China and the more than 50 African countries with which China has established diplomatic relations. Burkina Faso in West Africa has also reaped numerous tangible benefits from the wide ranges of cooperation during the six years after it severed […]
Under the Belt and Road Initiative, Chinese Exim Bank has given concessionary loans for the development of key infrastructural projects in Nigeria. These funds have endeared massive investments in roads, bridges, and railway lines across Africa. These infrastructure has helped connectivity and given a boost to local economies and businesses. The recent completion of the
By Tom Okpe Presidential candidate of the Labour Party, (LP) in the 2023 election in the country, Peter Obi has admonished the Federal Government’s strive, to compete with China in the area of production and not on the size of delegations to a specialized conference of experts. Obi in series of tweets in his X […]
BY BENJAMIN OMOIKE WITH AGENCY REPORTS China is preparing to welcome a key autocratic ally of Russian President Vladimir Putin for a state visit, amid warnings from United States officials that Beijing may be considering aiding Moscow in its ongoing assault on Ukraine. Belarus’ President Alexander Lukashenko is scheduled to hold talks with Chinese officials […]
BY BENJAMIN OMOIKE As the new year got underway in China, hopes appeared to be running high that an easing of tensions with the United States could unfold in the months ahead. China’s Foreign Ministry expressed as much late last month when it said China would “welcome” a visit from US Secretary of State Antony […]
China has promised Afghanistan humanitarian aid worth 200 million yuan, the equivalent of 30.7 million dollars, Beijing’s foreign ministry said on Thursday. Foreign Minister Wang Yi made the pledge at a video conference with his counterparts from countries neighbouring Afghanistan. China said it would provide emergency aid to fight the Coronavirus pandemic and was planning
According to the Taliban, a nine-member team is on a two-day visit to China, where they met with China’s foreign minister for talks on the peace process and security matters. “Politics, economy, and topics linked to both countries’ security, as well as the current situation in Afghanistan and the peace process,” Taliban spokesman Mohammed Naeem […]
On Monday, the US and a coalition of partners accused China of a global cyber hacking campaign including contract hackers, blaming a big Microsoft attack revealed earlier this year on actors operating on Beijing’s behalf. The United States is joined by NATO, the European Union, the United Kingdom, Australia, Japan, New Zealand, and Canada in […]
A 41-year-old man in China’s eastern province of Jiangsu has been confirmed as the first human case of infection with a rare strain of bird flu known as H10N3, Beijing’s National Health Commission (NHC) said on Tuesday. Many different strains of bird flu are present in China and some sporadically infect people, usually those working […]
Minister of State for Petroleum, Chief Timipre Sylva has reiterated that bilateral relationship between Nigeria and China remain intact and that the two regional giant nations will continue to build on the existing symbiotic relation. Chief Sylva said this on Thursday while meeting with the Chines Ambassador to Nigeria, CUI Jianchun in his office at […]
China will better train teachers and principals of kindergartens, primary and middle schools in order to prevent school bullying, the Ministry of Education (MOE) said on Wednesday. The training will also cover other content, including national security, rule of law and environmental protection, according to a notice jointly issued by the MOE and the Ministry […]
On Tuesday, a Chinese space mining startup launched a robot prototype into low Earth orbit that can scoop up debris left behind by other spacecraft with a wide net. According to the state-run Xinhua news agency, the NEO-01, which will also peer into deep space to observe tiny celestial bodies, was launched on the government’s […]
Signal, one of the least commonly used messaging apps in mainland China that could send and receive encrypted messages without using a virtual private network, became unusable for many people this week. The government’s apparent decision to block Signal strengthens the government’s grip on public and private discourse in China, where many social media and […]
China will increase services provided by contracted family doctors to issue long-term prescriptions to the elderly and people with disabilities, the National Health Commission (NHC) said. The NHC said that the primary-level medical organizations and family doctors should play their roles in preventing myopia among children. The commission has also vowed to help improve the
China’s new rules governing school disciplinary methods came into force on Monday, banning physical punishment and verbal abuse in primary and secondary schools. Educators are prohibited from carrying out disciplinary procedures that would inflict direct physical pain on students, according to the trialed regulations released by the Ministry of Education last December.
China’s foreign minister has called on U.S President Joe Biden to drop the tariffs and sanctions imposed by his predecessor Donald Trump. Beijing hopes the U.S. will change tack as soon as possible and abandon unreasonable tariffs on Chinese goods, Foreign Minister, Wang Yi, said on Monday at a policy forum in China’s capital. “We […]