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CHINA
News and analysis about china
Note that OPEC members usually take a decision on their plans for oil trade for the month of July in the first week of June, so as to give them time to react quickly to decisions at the meeting.
The rising tension between the US and China is weighing on the global markets. For political reasons, the leadership of each country is blaming the other for the coronavirus pandemic.
Brent crude lost 5.50%, to trade at $34.05 a barrel by 6 am Nigerian local time after gaining nearly 1% on Thursday.
The Chinese have always done their lending on the idea that individual projects contribute to structural transformation and economic development.
The United States (US) President, Donald Trump, has announced the temporary suspension of funding for the World Health Organization (WHO)
FG has announced its intention to seek debt relief from China rather than ask for suspension of interest payments from its Eurobond holders.
The Minister of Health, Dr Osagie Ehanire has called on China to assist Nigeria in the fight against the Coronavirus pandemic.
There are concerns as the Federal Government disclosed that two cases of coronavirus are being examined in the country.
China has resolved to remove all foreign software and computer equipment from its government offices and public institutions.
The International Monetary Fund (IMF) cut its global growth forecast in its October 2019 World Economic Outlook (WEO).
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Nigerian lender, Stanbic IBTC have joined fellow Chinese nationals in Nigeria to celebrate the Asian country's new year, while underlying the important role the Chinese community in Nigeria have played in the bank's business ecosystem.