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Business and Economy

Shanxi shoulders responsibility and leads energy reform

  Low-carbon energy development concerns the future of humanity, Chinese President Xi Jinping said in a congratulatory letter to the Taiyuan Energy Low Carbon Development...

What 6% GDP growth means to China’s economy

Source:Global Times China's GDP grew by 6 percent year-on-year in the third quarter, slower than expected. It has triggered widespread discussions at home and abroad....

FGN Bond auction over subcribed in October, says DMO

By Our Reporter The Debt Management Office (DMO), says investors’ confidence in Federal Government Securities remained high at the Federal Government Bond Auction conducted by...

China to open its door wider for win-win cooperation

    By Zhong Sheng   The door of China's opening-up will only open wider and wider, the business environment will only get better and better, and the...

China’s economic performance stable in first three quarters

  By Lu Yanan, People’s Daily   “Some foreign media’s skepticism about China’s recent economic growth figures and their assertion of ‘a sharp slowdown’ in the Chinese...

Slower growth in China won’t affect living standards

By Xie Jun Source:Global Times   China's economy slowed but not so dramatically as to affect people's living standards, experts said, predicting that the domestic economy would...

China witnesses sound growth of foreign investment

    By Luo Shanshan, People's Daily   While maintaining steady economic growth, China continued to promote high-quality development this year, demonstrating strong resilience and vitality which appeal...

Forex intervention: CBN injects $325.5m into retail market

By Our Reporter The Central Bank of Nigeria (CBN) has injected 325.5million dollars in the retail Secondary Market Intervention Sales (SMIS) and CNY14million in the...

GenCos failed to generate 2,352.5 megawatts due to unavailability of distribution infrastructure

By Our Reporter Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 2,352.5 megawatts of electricity on Wednesday due...

FAAC: FG, States, LGAs share N693.529bn for September

By Our Reporter The Federation Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers...

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