Tuesday, November 13, 2018

Tag "China"

    France 2018: X-raying Falconets’ squad to U20 World Cup

France 2018: X-raying Falconets’ squad to U20 World Cup

The U20 women's World Cup is around the corner. The Falconets of Nigeria, two-time finalists, have a mountain to climb in a group comprising Germany, China and Haiti.Coach Christopher Danjuma masterminded the team to five wins in the CAF qualifiers to seal a place at the World Cup.TheCable takes a look at the 21 players who made the final cut for [...]

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    Foreign ministry: Eviction of Nigerians from Chinese hotels being probed

Foreign ministry: Eviction of Nigerians from Chinese hotels being probed

The ministry of foreign affairs says the Nigerian mission in China is investigating the ejection of Nigerians from some hotels in the country.Some Nigerians were left stranded at the weekend after Chinese police ordered their ejection for reasons yet unknown.Tope Elias-Fatile, the ministry’s spokesman, who confirmed the incident to TheCable, said the Nigerian mission in China is on top of [...]

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    Nigerians stranded in China as ‘police order their eviction’ from hotels

Nigerians stranded in China as ‘police order their eviction’ from hotels

Some Nigerians lodged in hotels in China are reportedly stranded after Chinese police allegedly ordered their ejection.In a video which surfaced online, a group of Nigerians gathered in an unidentified location can be seen complaining to a man who appears to be a resident."The order is not from the hotel management, it is from the local police here. We are [...]

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    Philippines ready for war over South China Sea

Philippines ready for war over South China Sea

The Philippines government says is prepared to go to war if China unilaterally mines the natural resources of the South China Sea.The Asian country had raised concerns over the continued military build-up by China in the disputed areas declared by a UN arbitration court to belong to Manila, its capital.President Rodrigo Duterte has faced criticisms for not confronting Beijing following [...]

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    Keeping up with Nigerian players: In-form Ighalo bags brace — and so does Nwankwo

Keeping up with Nigerian players: In-form Ighalo bags brace — and so does Nwankwo

Nigerian players abroad showed quality for their clubs over the weekend.While some grabbed the headlines for being instrumental to their club's overall performance, a reverse was the case for others.TheCable has a lowdown on how they performed:BelgiumPeter Olayinka scored the match winner for Zulte Waregem in their 2-1 win over Royal Excel Mouscron. The hosts missed the service of Taiwo [...]

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    World Bank: African countries’ subsidies help the rich more than the poor

World Bank: African countries’ subsidies help the rich more than the poor

Jim Yong Kim, World Bank president, says subsidies provided by African countries help the rich more than the poor.Speaking to journalists at the ongoing Spring meetings of the International Monetary Fund (IMF) and World Bank in Washington DC, Kim said African countries could raise revenue for investing in health and education by removing these subsidies."They should be better at collecting [...]

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    China bans online sale of Bible

China bans online sale of Bible

The government of China has banned the sale of Bible online.There have been reported that searches for the Bible on e-commerce sites JD.com and Amazon.cn do not produce results despite the government publishing a new document claiming that it allows freedom of worship.Initially, China had always controlled sales of the Bible by only allowing it to be distributed and printed [...]

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    China warns Taiwan: You will face punishment of history for attempting to secede

China warns Taiwan: You will face punishment of history for attempting to secede

Xi Jinping, China's President, has warned self-ruled Taiwan that it will face the "punishment of history" for any attempt at separatism.In a speech at the end of China’s annual session of parliament, Xi told the 3,000-odd delegates that the country would push for the “peaceful reunification of the motherland” and work for more Taiwanese to enjoy the opportunities of China’s [...]

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    Your claims about our loans are ridiculous, China tells US

Your claims about our loans are ridiculous, China tells US

The government of China says the claims made by the US government through Rex Tillerson, secretary of state, concerning its loan facilities to Africa are ridiculous.Tillerson, who is on his diplomatic visit to Africa, had described the rate at which China offered loans as terrible. He warned that African countries could lose their sovereignty if they are not careful.Reacting to [...]

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    China to US: Don’t blame us for Africa’s accumulated debt

China to US: Don’t blame us for Africa’s accumulated debt

The Chinese government says it cannot take the blame for Africa's debt burden, saying it is as a result of accumulation over the years.At a press briefing on Monday, the US department of state had said China's loan rates are terrible for Africa because they burden the continent.Responding to the statement on Tuesday, Geng Shuang, Chinese foreign ministry spokesperson, said he [...]

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    US: China’s loan rates terrible for Africa

US: China’s loan rates terrible for Africa

The US has criticised the rate at which China offers loans to African countries, saying the practice is not for the betterment of the continent.NAN reports that the US department of state made this statement during a background briefing on the visit of Rex Tillerson, secretary of state, to Africa.Tillerson is scheduled to visit the leaders of Nigeria, Chad, Djibouti, [...]

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    Gene editing: Doctors take a leap forward in treatment of cancer

Gene editing: Doctors take a leap forward in treatment of cancer

Doctors from China have made advancement in the fight against cancer by experimenting with a new type of treatment through editing of human genes.The new treatment involves taking out T cells from a cancer patient's own immune system, after which the cells are genetically altered by the gene-editing tool called CRISPR. [...]

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    Ikpeazu sends Aba cobblers to learn shoemaking in China

Ikpeazu sends Aba cobblers to learn shoemaking in China

Okezie Ikpeazu, governor of Abia state, has reportedly sent 30 cobblers, commonly known as shoemakers in Aba, commercial city of the state, to China to master the art of shoemaking.In a documentary by The Osasu Show, hosted by Osasu Igbinedion, some of the beneficiaries expressed their joy for the opportunity granted them by the governor.The project, titled 'Made in Aba [...]

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    EXTRA: Chinese school teaching women ‘unconditional obedience to men’ forced to close

EXTRA: Chinese school teaching women ‘unconditional obedience to men’ forced to close

A school that teaches women to display “unconditional obedience” to men has been closed down by Chinese authorities.According to BBC, Fushun School of Traditional Culture was shut down by the Chinese education bureau due to “violation of socialist core values”.Teachers at the school are said to speak against gender equality, even kicking against self-defense when beaten.The school taught women to [...]

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    Asian equities flat as China’s GDP meets expectations

Asian equities flat as China’s GDP meets expectations

Equities across the Asian markets were trading in a tight, narrow range on Thursday, ignoring solid Chinese data and the new records on Wall Street, where the Dow Jones Industrial Average breached 23,000.FX markets are also struggling for direction, as traders look for signals from E.U. politics, and signs for who will lead the Federal Reserve.China’s economic growth meets expectationsChina’s [...]

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    China to open visa centres in Abuja, Lagos

China to open visa centres in Abuja, Lagos

The embassy of People’s Republic of China on Monday announced its plan to open visa application centres in Abuja and Lagos.Lin Jing, deputy ambassador, who made this known at a media conference in Abuja, said this would enhance visa process and ease applicants’ burden.Jing said the plan to open the centres was borne out of concern to resolve the challenge of [...]

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Exchange Rates

November 9, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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