Saturday, November 17, 2018

Tag "China"

    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 [...]

0 comment Read Full Article
    US probes Chinese oil firm over ‘$100m bribe paid to Nigerians’

US probes Chinese oil firm over ‘$100m bribe paid to Nigerians’

US authorities are investigating China Petroleum and Chemical Corporation known as Sinopec over an alleged $100 million bribe paid to some Nigerian officials.According to Bloomberg, the bribe was aimed at resolving a $4 billion business dispute between the company’s Addax petroleum unit in Geneva and the Nigerian government.The dispute is said to be related to drilling and other capital costs, tax breaks and a [...]

0 comment Read Full Article
    Lai: We have succeeded in nursing this very sick economy

Lai: We have succeeded in nursing this very sick economy

Lai Mohammed, minister of information, says the Buhari administration has succeeded in nursing Nigeria’s “very sick economy”.In a statement issued by Segun Adeyemi, media aide of the minister, on Friday, Mohammed said this at the signing of a memorandum of understanding on media and cultural relations with China represented by Guo Weimin, visiting Chinese vice-minister of the state council information [...]

0 comment Read Full Article
    Top US diplomat quits over Trump’s withdrawal from Paris climate accord

Top US diplomat quits over Trump’s withdrawal from Paris climate accord

The acting US ambassador to China has resigned over Donald Trump’s decision to leave the Paris climate accord.John Pomfret, China expert and former journalist, wrote on Twitter that the charge d’affaires at the US embassy, David Rank, had personally informed embassy staff of his decision.A US embassy spokesperson would only confirm that Rank had made a "personal decision"."We appreciate his years [...]

0 comment Read Full Article
    China bans Islamic names in Muslim-dominated region

China bans Islamic names in Muslim-dominated region

China has prohibited parents in the Muslim-majority Uighur region from giving their children Islamic names.The ban is perceived as the latest effort by government in the region “to dilute the influence of religion on life".NAN reports that if a parent chooses one of the barred names, the child will be denied government benefits.The names listed on the government document distributed by Uighur [...]

0 comment Read Full Article
    China launches first unmanned cargo spaceship

China launches first unmanned cargo spaceship

China successfully launched its first unmanned cargo spaceship on Thursday, taking the country one step closer to building its own space station.The Tianzhou 1 blasted off from China's newest launch site, Wenchang.The craft will carry out scientific experiment after reaching the Tiangong 2 space station.Speaking at the launch, Zhang Xueyu, launch site commander said, "I hereby declare that the Tianzhou [...]

0 comment Read Full Article
    China worried by North Korea’s threats of missile tests, nuclear war

China worried by North Korea’s threats of missile tests, nuclear war

China’s foreign ministry said on Wednesday that it was seriously concerned by recent comments made by North Korean officials warning of further missile tests and the possibility of nuclear war.Addressing a press briefing, ministry spokesperson Lu Kang added that China was resolutely opposed to any words or actions that could further raise tensions.NAN reports that China on Tuesday called on [...]

1 comment Read Full Article
    China jails official who bribed presidential aide

China jails official who bribed presidential aide

A court in northern China has sentenced a former senior provincial government official who bribed a now disgraced former aide to retired President Hu Jintao to 20 years imprisonment.“The court in Tianjin found that Pan Yiyang abused his positions as vice governor of the northern region of Inner Mongolia and Communist Party boss of Ganzhou in the eastern province of [...]

0 comment Read Full Article
    China to build $1.5bn shoe industry in Aba

China to build $1.5bn shoe industry in Aba

Okezie Ikpeazu, Abia state governor, has secured a $1.5bn deal for the establishment of a shoe industry in Aba from Huajian Shoe Industry in Dongguan, Guangzhou, China.Enyinnaya Appolos, chief press secretary of the governor, disclosed this in a statement on Sunday.According to him, Ikpeazu secured the deal at a meeting with Zhang Huarong, group chairman of the Huajian Group in [...]

0 comment Read Full Article
    US claims Russia tried to cover up Syria chemical attack

US claims Russia tried to cover up Syria chemical attack

The administration of US President Donald Trump has accused Russia of trying to shield Syria’s government from blame for a deadly gas attack.Trump, who has faced criticism for lacking a broader strategy to deal with the Syria crisis, insisted he has no plans to “go into” the war-torn country.Senior White House officials, briefing reporters on condition of anonymity, said Assad’s [...]

0 comment Read Full Article
    Trump says ‘North Korea looking for trouble’, urges China to help

Trump says ‘North Korea looking for trouble’, urges China to help

US President Donald Trump on Tuesday warned North Korea, saying the country is looking for "trouble".Trump, on his Twitter handle, threatened to solve the North Korean problem alone should China fail to intervene."North Korea is looking for trouble. If China decides to help, that would be great. If not, we will solve the problem without them," Trump tweeted.The US president [...]

0 comment Read Full Article
    Amnesty: China executed more people than all other countries in 2016

Amnesty: China executed more people than all other countries in 2016

The Chinese government is the world’s leading executioner, according to Amnesty International’s 2016 global review of the death penalty.China outranks Iran, Saudi Arabia, Iraq, Pakistan and Vietnam, while putting to death more people annually than all other countries combined.At least 1,032 people were executed in 23 countries in 2016. In 2015 Amnesty International recorded 1,634 executions in 25 countries worldwide [...]

0 comment Read Full Article
    Xi-Trump Summit in the spotlight the week ahead

Xi-Trump Summit in the spotlight the week ahead

The US dollar bulls finally regained some control of the market after three weeks of consecutive declines. Nonetheless, despite a 1% rally last week, the dollar index suffered 1.9% declines in the first quarter. The weakness in the greenback may be attributed to multiple factors, but the major one was the tax reform uncertainty. The failure to pass the healthcare [...]

0 comment Read Full Article
    China bans long beards, veils in public places

China bans long beards, veils in public places

China is intensifying its crackdown against what it deems religious extremism in the far-west province of Xinjiang, which is home to 10 million Muslims.To ensure this was achieved, authorities have ordered that people would no more wear long beards, no more wearing of veils in public places and there would be no home-schooling.The latest measures outlined in a sweeping new [...]

0 comment Read Full Article
    China to US: Be cool-headed over North Korea missile tests

China to US: Be cool-headed over North Korea missile tests

Wang Yi, China’s foreign minister, has urged the United States to remain “cool-headed” over North Korea's missile tests and tensions in Asia.The situation was at a crossroads, but must not be allowed to develop into a conflict, he said after hosting Rex Tillerson, US secretary of state.Tillerson spoke of “dangerous levels” of tension, a day after suggesting the US might [...]

0 comment Read Full Article
    China’s investments in Nigeria ‘exceed’ $13 billion

China’s investments in Nigeria ‘exceed’ $13 billion

China's investments in Nigeria have exceeded $13 billion, Chinese deputy ambassador to the country, Lin Jing, has said.The Chinese envoy said this was the figure at the end of 2016.Jing made this known when he led a delegation to the national assembly to strengthen bilateral ties between Nigeria and China, The Nation reports.The envoy said the $1.3billion Lagos-Ibadan railway project was [...]

0 comment Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement