Nigerian Communications Satellite Limited (NIGCOMSAT) has dismissed reports saying a Chinese aerospace company threatened to shut down Nigeria’s communications satellite over an alleged $11.4 million debt. Recent media reports claimed that China Great Wall Industry Corporation (CGWIC) had issued a warning to suspend operational support services for Nigeria’s NigComSat-1RContinue Reading
The 14th National People’s Congress (NPC), China’s national legislature, concluded its fourth session Thursday. Chinese President Xi Jinping and other leaders including Li Qiang, Wang Huning, Cai Qi, Ding Xuexiang, Li Xi and Han Zheng attended the closing meeting of the session at the Great Hall of the People inContinue Reading
China’s decision to implement zero-tariff treatment on 100 percent of tariff lines for imports from African countries with which it has diplomatic relations is expected to create new opportunities for agricultural trade between South Africa and China, a government official said. Speaking to Xinhua on the sidelines of theContinue Reading
Chairman of the National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has affirmed that Nigeria’s new tax regime is designed to ease the burden on workers and small businesses while strengthening the country’s fiscal sustainability and economic competitiveness. Speaking at the BusinessDay Tax Reform Conference 2026, themed “Navigating theContinue Reading
Iran’s new supreme leader has warned the US to close its Gulf bases immediately or face further attacks, in his first message since taking power. Mojtaba Khamenei, the son of Ali Khamenei, had not been seen or heard from since the US-Israeli strikes killed his father and otherContinue Reading
Ethiopia is taking remedial measures to address the fuel crisis caused by the war in the Middle East, a senior official has said. Ahmed Shide, Ethiopia’s minister of finance, told reporters on Wednesday that the government has increased its subsidies to ensure that the fuel supply remains reliable andContinue Reading
Xinhua Chinese Foreign Minister Wang Yi on Thursday called on all parties to urge those involved in the current conflict in the Middle East to cease military operations as soon as possible and prevent the situation from deteriorating further. Wang, also a member of the Political Bureau of the CommunistContinue Reading
The 14th National People’s Congress (NPC), China’s national legislature, held the closing meeting of its fourth session on Thursday. Xi Jinping and other Party and state leaders attended the meeting at the Great Hall of the People in Beijing. At the meeting, lawmakers approved the government work report andContinue Reading
The global oil market is facing the largest supply disruption in its history as conflict in the Middle East severely disrupts energy flows through the region, the International Energy Agency (IEA) said on Thursday. According to the latest Oil Market Report released by the IEA, crude and oil productContinue Reading
— Iran’s supreme leader Mojtaba Khamenei urges for continuation of Strait of Hormuz closure Mojtaba Khamenei has called for the continued closure of the Strait of Hormuz and pledged to open new fronts in his country’s conflict with the United States and Israel. In his first message as supremeContinue Reading
