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China's President Xi Jinping pledged on Thursday for his country to increase investments in Nigeria's power generation sector and its digital economy, the Nigerian vice president's office said in ...
Nigeria and China agreed to strengthen ties in the Belt and Road initiative, human resources development and nuclear energy after the countries' leaders met on Tuesday, a government spokesperson said.
Tinubu, who has set in motion deep reforms in Africa's largest economy, will be in Beijing along with other African leaders to attend the China-Africa Cooperation Summit. Nigeria's Tinubu to visit ...
Nigeria has since become an important source of oil and petroleum for China's rapidly growing economy and Nigeria is looking to China for help in achieving high economic growth; China has provided extensive economic, military, and political support. [7] [8] In 1996, as the Clinton administration lobbied in favor of sanctions against Nigeria ...
See China–Nigeria relations. Nigeria and the People's Republic of China established formal diplomatic relations on February 10, 1971. [93] Relations between the two nations grew closer as a result of the international isolation and Western condemnation of Nigeria's military regimes (1970s-1998). Nigeria has since become an important source of ...
The Nigerian aviation industry generated 198.62 billion naira (€400 million) in 2019, representing a contribution of 0.14% to GDP. It was the fastest-growing sector of the Nigerian economy in 2019. Passenger traffic increased from 9,358,166 in 2020 to 15,886,955 in 2021, a significant increase of over 69%.
A Chinese firm at the heart of a legal dispute with Nigeria has released a government-owned jet seized on its behalf by a French court as a "gesture of goodwill" to allow for talks, the company ...
Africa (green) and the People's Republic of China (orange) Economic relations between China and Africa, one part of more general Africa–China relations, began in the 7th century and continue through the present day. Currently, China seeks resources for its growing consumption, and African countries seek funds to develop their infrastructure.