Nigeria’s exports to China drop ₦601.82bn despite zero-tariff access
Nigeria’s merchandise exports to China fell by ₦601.82bn in the second quarter of 2026. This happened despite Beijing’s decision to grant Nigerian…
China
Chinese regulator’s inquiry halts OPay’s $300m US IPO
OPay Ltd. has suspended its planned $300 million initial public offering in the United States, just hours after the Nigeria-focused fintech company…
Okpebholo partners Chinese airline for proposed Edo Air
Edo State Governor, Monday Okpebholo, has taken a major step towards setting up a state-owned airline after signing a Memorandum of Understanding…
Nigeria secures $30m Chinese grant for community development
Nigeria and China have signed a grant agreement worth RMB 200 million, approximately $30 million, to support community-focused development projects under the…
Volkswagen plans to export 300,000 China-made vehicles annually by 2030
German carmaker Volkswagen has announced plans to export at least 300,000 vehicles built in China every year by 2030. It will also…
White House lists goods for lower tariffs in China deal
The White House on Sunday released lists of products that could benefit from lower tariffs under an arrangement with China covering $30…
Trump, Xi agree to set up communication channel for AI incidents
The United States and China have agreed to establish a “communication channel” to address incidents related to artificial intelligence, the White House…
Nigeria’s exports to China jump 80% to $2.3bn
Nigeria’s exports to China surged by 80 per cent to $2.3 billion in the first half of 2026, driven by China’s expanded…
NACCIMA targets Chinese investors to support $1trn economy
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture has announced the third edition of its Business and Investment Forum…
World Bank to phase out lending to China by 2031
The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization’s…
Lagos partners Chinese firm for lagoon water pipeline to Lekki
The Lagos State Government is planning to install a water transmission pipeline beneath the Lagos Lagoon into the Lekki Concession Area. The…
World Bank to end loans to China by 2031
The World Bank will phase out its lending to China by 2031 under its new Country Partnership Framework, marking a significant shift…