Euro strengthened on Monday after the United States and the European Union finalized a trade agreement, marking a significant step in averting a broader global trade conflict. On Sunday, during a meeting in Scotland, U.S. President Donald Trump and European Commission President Ursula von der Leyen unveiled a deal...
China
Crude oil prices saw an uptick on Monday following a new trade agreement between the United States and the European Union (EU), coupled with the possibility of extended tariff relief with China, easing fears of economic slowdown and reduced fuel demand. By 0035 GMT, Brent crude futures rose by...
By EZEKIEL OBI, Abuja- Chinese Embassy in Nigeria has begun investigating allegations that a Chinese mining company abandoned Nigerian miners in the Central African Republic (CAR), following a viral social media video highlighting the issue. In a statement released on Friday in Abuja, the embassy emphasized its commitment to...
By OLA MODUPE, Lagos – Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Monday, July 21, 2025, ordered the final forfeiture of digital assets to the tune of $222,729. 86 USDT recovered from Chinese nationals involved in cyber-terrorism and internet fraud. The assets form...
Nigeria’s junior women’s basketball team, D’Tigress, has made history with a thrilling 93-88 win over China in their 2025 FIBA U19 Women’s World Cup debut. The team overcame a slow start to secure a hard-fought victory, defying expectations and silencing critics. After trailing 24-16 in the first quarter, D’Tigress...
US President Donald Trump has threatened to impose an additional 10% tariff on countries aligning themselves with the “anti-American policies” of the BRICS group of developing nations. The warning came as leaders of the BRICS group gathered in Brazil for their annual summit. “Any Country aligning itself with the...
By KEMI YESUFU, who recently returned from China The 1949 revolution, led by the Chinese Communist Party (CCP), resulted in the proclamation of the People’s Republic of China and the CCP’s consolidation of power on the mainland. Several years after another silent revolution took place in China, it was...
By OLA MODUPE, Abuja- Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Friday, June 27, 2025, secured the conviction and sentence of 14 Chinese for cyber-terrorism and internet fraud before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos The suspects are:...
US President Donald Trump revealed that the United States has signed a trade agreement with China, stating, “We just signed with China yesterday.” Trump made the announcement during a White House event focused on promoting a government spending bill. Although Trump didn’t provide specific details about the deal, a...
By MBAFAN ADE, Abuja- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant progress in attracting investments in Nigeria’s upstream oil and gas sector, as showcased at the recent Nigeria-China Sustainable Bilateral Business, Trade, and Investment Summit, which held in Lagos during the week. This landmark event brought...
By EZEKIEL OBI, Abuja- The Defence Headquarters has confirmed the arrest of a Chinese national during a counter-terrorism operation in Borno and Yobe states. The suspect, who claimed to be a miner, was apprehended by troops of Operation Hadin Kai (OPHK) in Kukawa and Ngala Local Government Areas of...
U.S. President Donald Trump is likely to hold a phone call with Chinese President Xi Jinping this week, White House Press Secretary Karoline Leavitt has said. Leavitt provided no further details, and there was no immediate confirmation from Beijing. If the call takes place, the leaders are expected to...
‘TeamABU2024′, a group of Students of the Ahmadu Bello University emerged victorious at the Huawei ICT Skills Competition Global Finals in Shenzhen, China. The six-day competition was held from May 20 to May 25. This is contained in a statement issued by Malam Auwalu Umar, in the Directorate of...
China welcomed the resumption of direct negotiations between Russia and Ukraine, this was the result of joint efforts of the international community, the Chinese Foreign Ministry told RIA Novosti on Monday. “China has supported the restoration of direct dialogue and negotiations between Russia and Ukraine from the very beginning...
The Chinese Ambassador to Nigeria, Yu Dunhai, has revealed that plans are underway to establish electric vehicle factories and other manufacturing ventures in Nigeria. Dunhai disclosed this to the Minister of Solid Minerals, Dr Dele Alake at a recent bilateral meeting. This is contained in a statement by Alake’s...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says provision of water to Abuja satellite towns is dear to the heart of President Bola Tinubu. Wike stated this after he inspected some projects in Abuja on Friday, while responding to a question about his recent visit...
By EMMANUEL KUJE, Abuja – The Minister of the Federal Capital Territory (FCT) Mr Nyeson Wike, is enroute to China for a series of official engagements toward the provision of water for satellite towns in the FCT. Senior Special Assistant to the minister on Public Communications and Social Media,...
China on Thursday denied any suggestion on negotiations with the administration of U.S. President Donald Trump over tariffs. According to Trump, any notion of progress in the matter was as groundless as trying to catch the wind. China’s comments come after Trump had earlier on Tuesday said that things...
The Nigerian Gas Association (NGA) has said the gas sector has attracted more than five billion dollars in new investments as at 2024. President of the NGA, Mr Akachukwu Nwokedi, disclosed this during a news conference on Saturday in Lagos, ahead of the 29th World Gas Conference (WGC 2025)...