FOCAC

Nigeria is ready to provide counterpart funding on all agreements reached with China for the provision of infrastructure that directly improves the livelihood of Nigerians, President Muhammadu Buhari said Thursday in Abuja. Receiving…

James Awano, Abuja President Muhammadu Buhari has congratulated his Chinese counterpart, President Xi Jinping on the celebration of the Chinese Lunar New Year. In a letter personally signed by him, President Buhari said, “All over the…

The African Export-Import Bank (Afreximbank) says the 850 million dollars donated to it by two Chinese financial institutions will enable the bank to expand its support to African businesses. Mr Obi Emekekwue, head of Media, Afreximbank,…

The Chinese Government has expressed readiness to invest N2.16 trillion ($60 billion) in Africa in the next three years. The Consul-General of the People’s Republic of China in Lagos, Mr Chao Xiaoliang disclosed this in a post-summit…

China stands ready to work with Uganda to strengthen exchanges of governance experience, especially in poverty reduction, President Xi Jinping said on Thursday. At a meeting with President Yoweri Museveni after the 2018 Beijing Summit of…

Nigeria has signed a $328 million loan agreement with China on a project that will see an improvement in the West African country's telecoms infrastructure. The project, National and Communication Technology Infrastructure Backbone…

Oby Ezekwesili, the former minister of education has condemned the recent loan agreement between China and Nigeria. President Muhammadu Buhari on Tuesday signed a loan agreement with China at the Forum on China-Africa (FOCAC)…

President Muhammadu Buhari has said Nigeria’s partnership with China has resulted in the execution of vital infrastructure projects across the country, valued at over $5 billion in the last three years. He said this on Tuesday in…

President Muhammadu Buhari says Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of vital infrastructure projects across the country, valued at over $5 billion. The…

The Presidency has said Nigeria will sign no fewer than 25 agreements with China within the next few days. Garba Shehu, the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, said this yesterday during…