Tag: Chinese loans

Chinese loan delaying Port-Harcourt-Maiduguri rail projects - FG
News

Chinese loan delaying Port-Harcourt-Maiduguri rail projects – FG

The Minister of Transportation, Mua’zu Sambo said the delay in securing Chinese loans hurts the Abuja-Kano and Port-Harcourt-Maiduguri rail projects. According to The News Agency of Nigeria, Sambo who said this at a press briefing on Friday added that 85 per cent of the funds required to complete the project will be funded by Chinese […]

China gifts Zimbabwe $160m parliament building
Economy

China gifts Zimbabwe $160m parliament building

China is strengthening its influence in African countries with its economic input in helping black nations develop and grow their economies. China recently completed a new parliament building in Zimbabwe to replace the old structure erected during the colonial era. The $160m structure which sits on 33,000 square metres and comprises a six-storey office complex […]

Flights to South-South most expensive - NBS
Ports and Airports

Buhari inaugurates Lagos intl airport terminal today

The President, Major General Muhammadu Buhari (retd.), on Tuesday, inaugurated the newly built international terminal of the Murtala Muhammed Airport, Lagos. Today’s inauguration is coming after several dates had been set by the Federal Government for the terminal’s completion and inauguration since 2015. The new international terminal is one of the five terminals being built […]