By our Correspondent The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have mandated prior regulatory approval for any transfer of ownership or control involving 10 per cent or more of the shares of licensed telecommunications companies in Nigeria. This was contained in a statement jointly signedContinue Reading

‘ By Wang Keju China Daily China’s transition from the “world’s factory” to the “world’s market” is gaining pace, as the country increasingly relies on domestic demand to drive growth while opening its vast consumer base to high-quality imports from around the globe, economists and executives said. The pledge toContinue Reading

  By our Correspondent The Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Umar Ahmed, PhD, has reaffirmed Nigeria’s commitment to strengthening its strategic partnership with the People’s Republic of China, describing the relationship between both countries as one of immense importance to Nigeria’s foreign policy and economicContinue Reading

  A Chinese satellite internet company has achieved a major tech milestone, successfully completing direct-to-satellite voice calls using standard, unmodified commercial smartphones. The firm, Spacesail, based in Shanghai in east China, announced on Friday that this marks China’s first trial of its kind, with the entire communication link remaining smoothContinue Reading

  Iran’s main military command Khatam al-Anbiya Central Headquarters announced Saturday the closure of the Strait of Hormuz, citing U.S. “breach” of the newly-signed peace memorandum of understanding (MoU) and Israel’s ceasefire “violations” in southern Lebanon, Iran’s semi-official Mehr news agency reported. In this Jan. 18, 2012 photo, a touristContinue Reading

  By Lawal Sale Russian Deputy Foreign Minister Georgy Borisenko has received copies of the credentials from Nigeria’s newly appointed Ambassador to Russia, Joseph Sola Iji. The Russian Foreign Ministry confirmed the development in a statement released through its embassy in Abuja. According to the ministry, Borisenko formally received theContinue Reading

  A China-Ethiopia Food Festival, showcasing a diverse array of unique cuisines, was held Thursday in the Ethiopian capital of Addis Ababa to promote cultural and people-to-people ties between the two countries. Hosted by the Chinese construction giant China State Construction Engineering Corporation (CSCEC), the festival drew hundreds of ChineseContinue Reading