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BEIJING - China posted its first monthly trade deficit in three years in February as imports surged at their fastest pace since early 2012, driven by its strong demand for commodities from iron ore to crude oil and coal.

Thai stocks opened down 0.03% at the start of trade this morning.

PTT Exploration and Production Plc (PTTEP) has entered into a partnership agreement with Total E&P Myanmar, divesting a 50% participating interest in the Myanmar MD-7 Project.

Two Chinese nationals, Tao Shen and Jing Yau, were on Wednesday arraigned before Justice Mojisola Olatoregun of a Federal High Court in Lagos, over charges bordering on alleged importation of fake tyres. Shen, 36, and Yau, 22, were charged alongside a Nigerian, Chinedu Madubuike and two companies, Sino Nig. Import ...

Ebere Uzoukwa, Umuahia A former President of Institute of Chartered Accountants of Nigeria (ICAN), Mr. Chidi AJAEGBU, has defected to the All Progressives Congress in Abia State. The former ICAN boss, who served as Director of Finance, Abia PDP, during the 2015 general elections, said he left his former party ...

Rights Chief, Zeid Ra’ad al-Hussein, on Wednesday, warned that mass expulsions of migrants from the U.S. would violate international law unless each deportee got fair process. Al-Hussein said this in Geneva as he delivered a broad rebuke of the new U.S. leadership. The U.S. Department of Homeland Security had taken ...

Ozioma Ubabukoh A consortium of some foreign and Nigerian banks on Wednesday took over Etisalat Nigeria after the telecommunications company failed to pay a loan totalling $1.72bn (about N541.8bn) it obtained in 2015. The Nigerian banks are Guaranty Trust Bank, Access Bank and Zenith Bank. ‎A former executive director at ...

The Minister of Foreign Affairs of the People’s Republic of China, Wang Yi has said that China and Africa need to speed up work on current plans in order to undertake more future projects together. This the Foreign Minister said yesterday, while fielding questions from journalists during a press conference ...

The Bank of Industry (BoI) says it has partnered Diamond Bank to provide soft loan to traders, artisans, cooperatives, youth and farmers in the country The Acting Managing Director, BoI, Mr Waheed Olagunju, made this known at the launching of the programme late on Tuesday in Lagos. Olagunju said that ...

Total telecommunications solutions provider, Globacom, has restated its resolve to continue to support the promotion of Nigeria’s arts and culture. The company’s Chairman, Dr. Mike Adenuga. Jr., made the pledge in a goodwill message he sent to the 2017 Lisabi Festival which ended in Abeokuta, Ogun State, over the weekend. ...