By Adedayo Amzat, GMD, Zedcrest Group The People’s Republic of China was officially founded in 1949, but the economy didn’t really find its feet until the start of economic reforms in 1978, after the topsy turvy turbulence of the two periods of “The Great Leap Forward” 1958-1960 and the “Cultural Revolution 1966-1976.” What changed in…
The number of COVID-19 deaths exceeded one million across the globe on September 28, 2020, according to a tally of cases maintained by Johns Hopkins University in Baltimore. This comes about nine months since the first death linked to the virus was reported on January in China. According to Johns Hopkins University, which has…
Governor Ibikunle Amosun of Ogun State says he was able to secure $1.2 billion investment from China to the state during his one-week work visit to the Asia country with President Muhammadu Buhari. This was disclosed in a statement issued by Senior Special Assistant on Media to the governor, Adejuwon Soyinka. During the visit, Amosun…
Governor Ayodele Fayose of Ekiti State has written to the Chinese government to withdraw the $2 billion loan it promised to give to Nigeria. Fayose, in his letter addressed to the President of China, Xi Jinping, said Nigerians are totally against the loan. The letter, dated April 12, 2016, with reference number EK/GOV/28/10, noted that…
President Muhammadu Buhari on Tuesday attended the official opening ceremony of the Business Forum on China/Nigeria Production Capacity Cooperation in Beijing, China. The Nigerian leader is in the Asian country for a state visit. He left for the country on Sunday night and arrived China the next day. Buhari, at the forum, met with Chairman…