Following the Middle East crisis sparked by US-Israeli strikes in Iran, natural gas prices spiked by nearly 50% on Monday after QatarEnergy, one of the world’s biggest exporters, halted production following “military attacks” on its facilities. The oil and gas prices surge, BBC reports, is just as Iran continues to launch …
Read More »Tag Archives: China
Trump Imposes 10% Global Tariff After Stinging S.Court Rebuke
President Donald Trump imposed an additional 10 percent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke to his signature economic policy. Members of the media raise their hands to ask questions to US …
Read More »China to build Africa’s first insulin plant in Nigeria
THE Chinese Ambassador to Nigeria, Yu Dunhai, has announced his country’s plans to build Africa’s first local insulin production facility in Nigeria. Yu disclosed this on Wednesday in Abuja at a reception marking the 76th Anniversary of the founding of the People’s Republic of China. He said that this would …
Read More »China reiterates commitment to Africa’s development
THE Consul General of the People’s Republic of China in Lagos, Ms Yan Yuqing, has said that China will remain committed to strengthening cooperation with Africa in the face of global instability. Yuqing stated this on Monday in Lagos at a reception to commemorate the 76th anniversary of the founding …
Read More »Nigeria, China deepen ties at Joint Independence, National day Celebration
NIGERIA and China on Sunday reaffirmed their commitment to stronger ties as both nations jointly marked Nigeria’s 65th Independence anniversary and China’s 76th National Day. The colourful celebration, which also coincided with the Mid-Autumn Festival, brought together government officials, diplomats, business leaders, cultural groups and students in Lagos. Chairman of …
Read More »China donates flood relief materials to Nigeria
THE Red Cross Society of China, through its Embassy, has donated 1,000 family kits to the Nigerian Red Cross Society to assist communities affected by recent flooding across Nigeria. The handover ceremony was held at the Nigerian Red Cross Society National Headquarters in Abuja on Friday, marking a significant humanitarian …
Read More »Nigeria, China sign deal to Produce Insulin Locally
THE Federal Ministry of Innovation, Science and Technology has announced the signing of a landmark Memorandum of Agreement (MoA) with Shanghai Haiqi Industrial Company Ltd. of China. This partnership will establish Nigeria’s first local insulin production facility. The agreement marks a significant step towards addressing the country’s insulin production needs …
Read More »Nigeria, China strengthen ties on marine, blue economy devt
THE Federal Government of Nigeria and the Peoples Republic of China have reaffirmed commitments to partner for the advancement and sustainability of Nigeria’s marine and blue economy. Mr Adegboyega Oyetola, Minister of Marine and Blue Economy said this on Thursday, when he received the Chinese Ambassador to Nigeria, Yu Dunhai, …
Read More »Nigeria, China to collaborate on humanitarian affairs, Poverty Reduction
THE Federal Government of Nigeria and the People’s Republic of China have expressed interest to collaborate on humanitarian affairs and poverty reduction. This is contained in a statement by Iliya Isyaku, Director, Information and Public Relation, Ministry of Humanitarian Affairs and Poverty Reduction in Abuja on Thursday. Isyaku said the …
Read More »Russia, China hold Joint Naval exercise
THE navies of Russia and China carried out their first-ever joint patrol in the Pacific region, as per a media report on Wednesday. “The joint patrol was launched in early August, after the Russian-Chinese drills Maritime Interaction 2025 had concluded in the Sea of Japan,” the state-run TASS news agency …
Read More »