China

PayPal announces plan to launch local wallet in China

American fintech company PayPal has announced its plan to launch a local wallet in China. This comes after…

China commits $10 billion to mining infrastructure growth

China and South Africa have cemented good relations by developing mining infrastructure through the progressive Belt and Road…

Ghana, China Sign Eight Co-Operation Agreements, MoUs

Ghana and China have signed eight Co-operation Agreements and Memoranda of Understanding, in different sectors of their respective…

CBN Issues Guidelines For $2.5bn Currency Swap with China

The Central Bank of Nigeria (CBN) said it will exchange N720 billion for 15 billion Chinese Renminbi (RMB)…

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Nigeria opens ‘game changer’ billion-dollar deep seaport

Nigeria has opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion…

CHINA TO BOOST GLOBAL OIL DEMAND

China is set to record a global oil boost demand due to the lifting of COVID restrictions. According…