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President Bola Tinubu arrived in Beijing, the capital of China on Sunday, on an official state visit. While there, the Nigerian leader would attend the 9th Forum on China-Africa Cooperation Summit, themed “Joining Hands to Advance Modernisation and Build High-Level China-Africa Community with Shared Future.” This was disclosed in a post on X by the […]
Continue ReadingA China Eastern passenger jet carrying 133 people has crashed in South-West China with casualties unknown, state broadcaster CCTV reported Monday. The Boeing 737 plane crashed in the rural countryside near Wuzhou city, Guangxi region and “caused a mountain fire”, CCTV said, citing the provincial emergency management bureau. The report added that rescue teams were dispatched to the scene. […]
Continue ReadingThe Uganda government, on Tuesday, 17 November 2015, signed an agreement with Export-Import Bank of China (Exim Bank) to borrow $207 million at two per cent upon disbursement. The loan had a maturity period of 20 years including a seven-year grace period. It has now emerged that the deal signed with the Chinese lenders virtually […]
Continue ReadingBitcoin has dramatically dropped in value after China’s central bank on Friday, September 24 announced that all transactions of crypto-currencies are illegal, effectively banning digital tokens such as Bitcoin and ethereum in the country. China is one of the world’s largest crypto-currency markets and 95 percent of crypto mining occurs in China. “Virtual currency-related business […]
Continue ReadingBitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them. The comments sent the unit diving more than 10 per cent and dealt it another blow soon after being battered by comments from […]
Continue ReadingFormer Nigerian Minister of Aviation, Femi Fani-Kayode says a ship from Nigeria has been impounded in China while it was trying to smuggle 7, 200 penises into the Asian country. Fani-Kayode made the claim on his Twitter handle on Tuesday, April 12. It reads: “A ship from Nigeria has been impounded in China whilst trying […]
Continue ReadingFollowing a meeting in Beijing last Thursday, the ‘Group of African Ambassadors’ wrote a joint letter to Chinese authorities to express their displeasure with the growing “discrimination and stigmatization” of people from the continent. Without a single report that African nationals have violated Chinese government anti-pandemic regulations, the ambassadors said, “we have received disquieting reports […]
Continue ReadingNigerian President, Muhammadu Buhari, his entourage, Saturday morning, arrived Beijing, China, meeting a rousing welcome, to participate in the 7th Summit of the Forum on China—Africa Cooperation. Buhari’s Personal Assistant on New Media, Alhaji Bashir Ahmad, confirmed this via his twitter handle. He wrote: “President Muhammadu Buhari arrives in Beijing, the People’s Republic of China […]
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