China Archives — City Business News

September 14, 2024 No Responses

CIG Motors To Train 25 YABATECH Students In China

CIG Motors Nigeria has announced plans to sponsor 25 Yaba College of Technology (YABATECH) students to China for 18-month automotive training programme. Speaking at the just concluded two-day programme aimed at equipping young Nigerians with career prospects in the automotive sector,...

September 10, 2024 No Responses

Nigeria,CCECC, Sinomach Sign $1b MoU For Iron Ore-To-Steel Project

The Nigerian Government has signed a Memorandum of Understanding (MoU) with China Civil Engineering Construction Corporation (CCECC) and Sinomach-He, for a $1 billion (N1.6 trillion) iron ore-to-steel project in Kogi State. A statement issued by Bayo Onanuga, ...

September 7, 2024 No Responses

Nigeria, China Sign $3.3b Brass Industrial Park Development Deal

The Federal Government of Nigeria has signed a $3.3 billion agreement with China to develop the Brass Industrial Park and Methanol Complex. A statement issued on Friday by the Ministry of Finance Director, Information and Public Relations, Mohammed Manga, expl...

August 28, 2024 No Responses

Tinubu To Visit China, Hold Talks With Xi Jinping

President Bola Tinubu will hold bilateral talks with his Chinese counterpart Xi Jinping at the Forum on China–Africa Cooperation Summit between September 4 and 6, 2024. Tinubu will visit China to represent the West African bloc ECOWAS at the Summit....

August 26, 2024 No Responses

LNG: NNPC Expands Global Market Footprint To Japan, China

In line with its strategic vision to be a dynamic and reliable global energy supplier of choice, the Nigerian National Petroleum Company Limited (NNPC Ltd) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered...

May 31, 2024 No Responses

Hyundai Orders Six LNG Car Carriers

South Korean logistics company, Hyundai Glovis, part of the Hyundai Motor Group, has ordered six 10,800 CEU LNG dual-fuel pure car and truck carriers (PCTCs) in China. The shipbuilding contract was signed with Guangzhou Shipyard International (GSI), part of Ch...

February 6, 2024 No Responses

SIFAX Group Consortium To Collaborate With FG, LASG On Aviation Development

SIFAX Group and its aviation partner, Changi Airports International from Singapore have opened discussions on strategic collaboration with the Federal Government and Lagos State government to develop the country’s aviation sector. SIFAX Group, through one of...

January 3, 2024 No Responses

BYD Overtakes Tesla As World’s Top Electric Vehicles Maker

US car maker, Tesla has lost its crown as the top maker of all-electric vehicles to Chinese firm BYD, according to sales figures released Tuesday, January 2, 2024. The US-based car manufacturer run by billionaire Elon Musk delivered 484,507 vehicles ...

December 28, 2023 No Responses

China Maintains Lead In Global Shipbuilding

China’s shipbuilding output surged by 12.3 percent year-on-year, reaching 38.09 million deadweight tons in the first 11 months of 2023, capturing over 50 percent of the world market. New orders followed suit, witnessing an impressive 63.8 percent YoY increas...

December 22, 2023 No Responses

Air Peace Resumes China Operations Dec 28

Air Peace is set to resume its direct flight connectivity to Guangzhou-China on December 28, 2023. This is contained in a news release issued by the airline’s Spokesperson, Stanley Olisa, who also stated that passengers can now fly Accra-China-Accra whic...

December 15, 2023 No Responses

Firm Orders Four Methanol-Fueled Bulkers

China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant...

November 27, 2023 No Responses

Obaseki In China, Woos Investors

The Edo State Governor, Mr. Godwin Obaseki, has continued his foreign investment drive, rallying investors to take advantage of the business-friendly environment and other incentives provided by his administration to invest in new frontiers and expand the...

October 20, 2023 No Responses

NASENI, Chinese Firms Sign Three MoUs

At a ceremony attended by Vice President Kashim Shettima (GCON) on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering I...

October 18, 2023 No Responses

Shettima: Nigeria, China Strategic Partnership Key To Africa’s Development

Vice President Kashim Shettima, says Nigeria’s strategic partnership with China needs to be scaled up because it remains key to Africa’s development. This is contained in a statement issued by Mr Stanley Nkwocha, Senior Special Assistant to the President o...