8 d. ago Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

The National Sugar Development Council (NSDC) has signed a major Memorandum of Understanding (MoU) with SINOMACH, a Chinese conglomerate, for read more Chinese firm plans $1bn investment in Nigeria, lauds Sugar Master Plan

Politics

1 week ago FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

The Federal Government of Nigeria (FGN) Power Company has signed a major Engineering, Procurement, Construction and Financing (EPC&F) contract worth read more FGN Power Company, Chinese firm sign $328M deal to boost electricity in Nigeria

Politics

3 w. ago Nigerian, Chinese firms partner to mass produce affordable tricycles

Tribune Online Nigerian, Chinese firms partner to mass produce affordable tricycles Easytech Integrated Services Limited, a Nigerian firm, is partnering with Guangzhou Dayun Motorcycle Company Limited, a leading Chinese manufacturer of motorcycles and tricycles, to mass-produce low-cost, high-quality tricycles aimed at easing the transportation of agricultural produce in rural areas. According to a statement made available to journalists in Lokoja by Oyigu Elijah, the partnership aims […] Nigerian, Chinese firms partner to mass produce affordable tricycles Tribune Online

Politics

3 w. ago Senate seeks transparency in Lafarge sale to Chinese investors

The Senate has called for transparency in the ongoing negotiations involving the sale of Lafarge Cement Plc to Chinese investors. read more Senate seeks transparency in Lafarge sale to Chinese investors

Economics

3 w. ago Senate moves to block sale of Lafarge Cement to Chinese firm

From Adesuwa Tsan, Abuja The Senate has directed the Bureau of Public Procurement (BPE), to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. The move according to the Senate, is to protect national security and economic sovereignty. It also mandated its Committees on Capital Market, Trade and Investment and Securities […] The post Senate moves to block sale of Lafarge Cement to Chinese firm appeared first on The Sun Nigeria.

Politics

3 w. ago Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns

From Adesuwa Tsan, Abuja   In a bid to protect national security and economic sovereignty, the Senate has directed the Bureau of Public Procurement to immediately halt the planned sale of Lafarge Cement Plc to a Chinese company. It also mandated its Committees on Capital Market, Trade and Investment and Securities and Exchange Commission to […] The post Senate moves to block sale of Lafarge Cement to Chinese firm over national security, economic concerns appeared first on The Sun Nigeria.

Economics

3 w. ago Lafarge Cement: Senate intervenes, seeks transparency in sale of factory to Chinese

Tribune Online Lafarge Cement: Senate intervenes, seeks transparency in sale of factory to Chinese The Senate on Thursday called for transparency in the ongoing negotiations to sell Lafarge Cement Plc to Chinese investors. It specifically asked the Bureau of Public Enterprises (BPE) to ensure that the “divestment process prioritises national security and economic sovereignty.” The Senate passed the resolution following a motion moved by Sen. Salisu Afolabi (Ogun-Central), who […] Lafarge Cement: Senate intervenes, seeks transparency in sale of factory to Chinese Tribune Online

Politics

3 w. ago Minister condemns shooting of NIS officer, vows tough action against Chinese firm

The Minister of Interior, Olubunmi Tunji-Ojo, has condemned the recent shooting of an immigration officer allegedly on the orders of a Chinese company operating in Nigeria. Describing the incident, which occurred in Niger State, as an “attack on Nigeria,” the minister vowed to escalate the matter to the highest diplomatic level, particularly with the Chinese Read More

Politics