The Chinese government on Tuesday announced a special guarantee program with a total scale of 500 billion yuan (about 71.42 billion U.S. dollars) to support investment by micro, small and medium-sized private enterprises. The program, implemented through the National Financing Guarantee Fund over a two-year period, will cover notContinue Reading
China’s gross domestic product (GDP) grew 5 percent year on year in 2025, meeting the annual target of around 5 percent, official data showed Monday. China’s GDP reached a record of 140.1879 trillion yuan (about 20.01 trillion U.S. dollars) last year, data from the National Bureau of Statistics (NBS)Continue Reading
Specific arrangements reached between China and Canada to properly address trade issues related to electric vehicles, steel and aluminum products, canola, and agricultural and aquatic product have sparked varied responses from the US and Canada itself, with certain US officials claiming Canada would regret the decision of allowing theContinue Reading
Nigerian Tax Acts 2025 : Benefits Beyond the Rhetorics By –Joseph Tegbe Nigeria’s ongoing tax reforms have been widely mischaracterised as revenue tricks, mostly through epistemic closure and motivated reasoning, solely focusing on revenue figures, tax rates, and who pays what. These debates often miss the larger and farContinue Reading
US electric automaker Tesla said Friday that its global vehicle deliveries in 2025 fell by around 8.6 percent year on year, marking the first time the company has been overtaken in annual electric vehicle sales by China’s automaker BYD. Tesla produced 1.655 million electric vehicles in 2025 and deliveredContinue Reading
By our Correspondent The China Mining Federation of Nigeria has dismissed allegations of Chinese infiltration, illegal mining and terrorism financing within Nigeria’s solid minerals sector. The Federation described the claims as false and misleading. In a statement issued to newsmen on Tuesday in Abuja by the Federation, it faultedContinue Reading
By He Yin, People’s Daily The recent Central Economic Work Conference, held recently in Beijing, reviewed and analyzed China’s economic performance for this year and outlined key policy measures for the upcoming year. This conference not only set the course for China’s economic development but also provided the worldContinue Reading
China’s auto industry has sustained a sound growth momentum as auto output and sales have both exceeded 31 million units in the first 11 months of the year, official data showed Thursday. During the January-November period, China’s auto production increased 11.9 percent year on year to over 31.23 millionContinue Reading
Uganda National Oil Company (UNOC) has discovered nine oilfields under the “Kasuruban” project, which is believed to contain significant hypothetical reserves. UNOC reported the discovery on social media. “Early geological assessments indicate encouraging signs, warranting further detailed studies to determine the actual quantity and commercial viability of these prospects,”Continue Reading
By Lawal Sale President Bola Ahmed Tinubu has approved the establishment of the National Tax Policy Implementation Committee (NTPIC) to coordinate the rollout of recently enacted tax laws and advance the administration’s economic reform agenda. According to a statement by Bayo Onanuga, Special Adviser to the President on InformationContinue Reading
