Gold price up as COVID-19 cases rise, U.S-China tensions heighten
The dollar’s rise to a near two-week high in the previous session subdued gold’s advance.
Tag: china
News and analysis about china
China more willing to restructure Africa’s debt than private creditors
Agreements have been easier to reach with Chinese lenders than with private creditors.
U.S dollar remains firm, global investors rush into safe haven assets
Currency traders remained optimistic about the dollar, despite its recent pullbacks.
China exempts some African countries from debt repayment
China is also willing to give priority to Africa once the COVID-19 vaccines are ready for use.
U.S dollar regains safe-haven status, China and India fire shots at each other
The trade imbalance between the two countries heavily gives China an advantage.
China set to approve $5.3 billion for Ibadan-Kano rail project
The Minister stated that China had assisted Nigeria by disbursing cash to fund infrastructure in the country.
OPEC+ to discuss extension of output cut as Chinese demands boost Nigerian oil
Note that OPEC members usually take a decision on their plans for oil trade for the month of July in ...
Oil price gains likely to halt over demand uncertainty, as US-China tension intensifies
The rising tension between the US and China is weighing on the global markets. For political reasons, the leadership of ...
Brent crude plunges 5%, world’s second largest economy skips growth target
Brent crude lost 5.50%, to trade at $34.05 a barrel by 6 am Nigerian local time after gaining nearly 1% on Thursday.
Reports: China may defer loans owed by Nigeria and others
The Chinese have always done their lending on the idea that individual projects contribute to structural transformation and economic development.
