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China-Africa Trade Information Service
Nigeria has gotten the International Organization for Standardization (ISO) certificate to boost the exportation of the processed raw materials.
Nigeria was in dire need of new engineering technologies to address its power supply and metering challenges.
Abuja-Kaduna standard gauge train service...inaugurated in July 2016, 10 years after the administration of former President Olusegun Obasanjo signed an agreement with the Chinese company, CCEC, for the construction of a standard gauge rail network across the country.
According to him, the natural gas could be best described as ‘the energy of the future’ despite the threat of alternative energy sources, as it is in high demand for industrial processes.
Nigeria currently spends about N1.5 trillion annually on importation of food, so it puts heavy pressure on the country’s foreign exchange.
NIMASA (The Nigerian Maritime Administration and Safety Agency) sets up Committee on sustainable blue economy, which is the use of the sea and its resources for sustainable economic development.
Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank for his oil refinery project in Nigeria.
Sigma Apartments has been taken over by AMCON(ASSET Management Corporation of Nigeria) for N1 billion bank debt,which is a huge amount of debt that it cannot afford.
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