JUST IN: Thousands Quarantined In Indonesian Complex Over Feared Coronavirus Outbreak

More than 40,000 workers at a vast Chinese-controlled industrial complex in Indonesia have been quarantined over fears about the spread of a deadly coronavirus strain which has killed more than 200 people in China, it said Friday. PT Indonesia Morowali Industrial Park has sealed off its nickel mining hub on Sulawesi island and is barring any of... Continue Reading →

FG Repays $460m loan on failed CCTV – Minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government is still servicing the $460 million loan got for failed Abuja CCTV project The Cable NG reports. She spoke on Thursday at the defense of the 2020 budget proposed by her ministry. The House Committee on Finance had queried the... Continue Reading →

Chinese Firms Handling Over $47bn Key FG’s Projects

At least 22 major infrastructural projects worth over $47bn have been linked to Chinese firms as China continues to support its companies to win prime contracts in Nigeria to maintain a foothold on the nation’s economy. The projects cut across vital sectors of the nation’s economy such as power, rail, road, aviation, and communications. Chinese... Continue Reading →

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