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Showing posts from April 20, 2016

CHINA TO START IMPORTING TO NIGERIA

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Godwin Emefiele, CBN Governor Washington — The Governor of the Central bank of Nigeria (CBN), Godwin Emefiele, has said the Federal Government was talking with China so it would also be importing some of its own requirements from Nigeria. According to Emefiele, this would help to reduce the gulf in trading between the two countries. Speaking at a press conference at the World Bank headquarters in Washington, on the last day of the 2016 World Bank/IMF spring meeting, Emefiele also said part of Nigeria’s deal with China was that the country became the Asian country’s trading hub in West Africa. He said: “China has appointed South Africa as its trading hub for Remnibi transactions in the South African region, has appointed Kenya as its trading hub for East and Central Africa. “And Nigeria, the mandate that we signed is for us to be appointed as the trading hub in West African. In all, we expect that it is going to be mutually beneficial. “We are talking to China so that it wo

US election 2016: Trump and Clinton win New York primaries

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Donald Trump and Hillary Clinton, frontrunners in the race to be the US presidential candidates for the Republican and Democratic parties, have secured comfortable victories in the crucial New York primary election. Mrs Clinton, after beating Bernie Sanders, said her victory for the Democratic nomination was in sight. Mr Trump looked set to take nearly all the 95 Republican delegates at stake. He said his nearest rival Ted Cruz was "just about mathematically eliminated". With more than 98% of the results in, Mr Trump is leading with just over 60% of the vote while Mrs Clinton has just under 58%. US networks projected that Mr Trump had won in his home state barely seconds after the polls closed at 21:00 EDT (01:00 GMT). Speaking at Trump Tower in Manhattan, he said: "I have to say to the people that know me the best - the people of New York - when they give us this kind of a vote it's just incredible." Hillary Clinton Donald Trump