Report: Nestle’s Loans Soar to N155 Billion

Concerns Raised Over Nestle Nigeria’s Liabilities and Intercompany Loans During the release of Nestle Nigeria’s annual report, a shareholder expressed concerns regarding the company’s liabilities and the accumulated interest on its loans. Specifically, attention was drawn to the intercompany loans taken by Nestle Nigeria. According to the annual report, Nestle Nigeria disclosed that its unsecured […]

Full text of Xi Jinping’s keynote speech at China-Central Asia Summit

Chinese President Xi Jinping on Friday delivered a keynote speech at the China-Central Asia Summit held in the city of Xi’an, northwest China’s Shaanxi Province. The following is the full text of the speech: Working Together for a China-Central Asia Community with a Shared Future Featuring Mutual Assistance, Common Development, Universal Security, and Everlasting Friendship […]

G7 will hurt itself being accomplice of economic coercion

By Zhong Sheng, People’s Daily To pressure China is reportedly to be one of the core topics of the Group of Seven (G7) summit to be held in Japan’s Hiroshima. The summit is likely to attack and smear China in the name of “obeying the rules” and “taking responsible actions.” Blinded and instigated by the […]

CSOs vow to drag Buhari to court over appointment of NEDC MD, Board members

Civil Society Groups on Monday asked President Muhammadu Buhari to reverse the appointment of Board members of the North East Development Commission, NEDC and the Managing Director within 72 hours or face legal action.The group said the President through his actions bypassed the Senate to make such appointments contravention of constitutional provisions.The CSOs made the […]