China Sanctions 20 US Firms Over Taiwan Arms Sales
Beijing imposes sanctions on 20 US defence companies, including Boeing, after a major US arms sale to Taiwan. Tensions escalate over the island's status.
Category : Search result: China auto market
11 Die in Katsina Car Crash on Christmas Day
A fatal accident in Katsina claims 11 lives after a speeding car's tyre burst. Police warn against overloading and reckless driving. Read the full report.
Fire guts Jos Main Market, destroys shops worth millions
A major fire has gutted sections of Jos Main Market, destroying goods worth millions of naira. Authorities are investigating the cause. Read the latest details and the market's history with fires.
Ecobank, Bank of China Partner to Strengthen Financial Ties
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
FG, Elizade JAC Plan to Make New Vehicles Affordable by 2026
The Federal Government urges Nigerians to buy locally-made new cars, not imported used vehicles. Elizade JAC reveals a 2026 strategy for affordable pricing and warranties to disrupt the auto market.
China Imposes High Tariffs on EU Dairy Products
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
FG Introduces Compulsory Vehicle Recycling Fee for 2026
The Nigerian government announces a mandatory vehicle recycling fee starting 2026 to tackle abandoned cars and formalise the auto recycling sector, projecting over ₦150bn in annual revenue.
China's Rare Earths Mining Boom in Jiangxi Province
Explore how China's secretive rare earth mining in Jiangxi fuels global tech and defense, shaping trade wars and forcing EU and US to seek alternatives. Discover the strategic power buried in red soil.
Mum Leaves Kids in Nigeria, Relocates to China for Studies
A Nigerian mother shares her emotional story of moving to China for a scholarship, leaving her children behind to pursue her dreams. Her TikTok video sparked massive reactions online. Read her full story and see what people are saying.
China Taxes Contraceptives as Births Plummet
China will tax condoms and contraceptive drugs from 2026 to encourage childbirth as births fall. Experts warn of risks like unplanned pregnancies. Read more on this policy shift.
Two dead, three rescued in Lagos auto crash
A fatal accident involving a Silo Mixer truck and a Korope bus in Lagos has claimed two lives. LASTMA rescued three injured victims. Read more on the crash details and safety warnings.
China Imposes 5-Year Anti-Dumping Duties on EU Pork
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
VW Stops Production at Historic German Factory
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
China imposes 5-year anti-dumping duties on EU pork
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
EU to Scrap 2035 Combustion-Engine Car Ban
The EU is poised to abandon its 2035 ban on new petrol and diesel cars, replacing it with a 90% emission cut target. This major shift aims to support Europe's carmakers facing Chinese competition and slow EV adoption.
China's Retail Growth Slows to 3-Year Low Amid Trade War
China's retail sales grew at the slowest pace in nearly three years in November, data shows. Weak domestic demand contrasts with strong exports, highlighting economic challenges. Read the full analysis.
Nigerian Equities Market Gains N997bn in Week
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
China Announces Zero-Tariff Policy for Nigerian Goods
China pledges zero-tariff access for Nigerian exports, accelerating economic ties. This move aims to deepen bilateral cooperation and mark 55 years of diplomatic relations. Explore the details and implications for Nigeria's trade future.
Enugu Auto Crash: Many Feared Dead in Multi-Vehicle Pileup
A horrific multi-vehicle crash involving trailers, buses, and cars on the Enugu-Port Harcourt highway near Gariki Market has resulted in significant casualties. Read the full report on the tragic incident and rescue efforts.
China to Implement Zero-Tariff on Nigerian Exports Early
China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.
Trump Rolls Back Biden's Fuel Economy Standards
President Trump revokes tougher CAFE standards, aiming to cut new car costs by $1,000. The move, backed by Big Three CEOs, sparks debate on affordability versus climate goals.
Why Rare Earth Metals Are Crucial for Tech and Energy
Discover how 'rare earth' metals from China power everything from smartphones to fighter jets. As the EU plans to boost production, learn why these elements are a global strategic chip.
China & Africa Launch Modernisation Initiative at G20
At the 2025 G20 Summit in South Africa, China and Africa launched a landmark initiative for joint modernisation. Learn how this partnership aims to tackle debt, boost tech, and reshape global governance for the Global South.
China's Flying Car Industry Takes Off with EV Tech
China leverages electric vehicle expertise to lead flying car revolution. Learn how EV technology and government support position China ahead in the $41 billion low-altitude economy race.
Nigerian Men's Surprising China Hustle Goes Viral
A Nigerian lady's TikTok video reveals Nigerian men selling African food in China, sparking reactions about diaspora struggles. Watch the trending footage.
China Warns of Humanoid Robot Market Bubble Risk
Beijing official warns of potential bubble in China's booming humanoid robot sector with over 150 companies. Industry faces overcapacity despite rapid AI growth.
Japan PM's Popularity Tested by China Tensions, Inflation
Japan's Prime Minister Sanae Takaichi faces economic challenges as China tensions escalate and inflation threatens her political honeymoon. Will her stimulus package work?
Kano deepens economic partnership with France, China
Kano State forges stronger economic and social partnerships with France and China, focusing on water reform, investment, and sustainable development for the people.
China Supports Nigeria's Port Modernisation Drive
China pledges technical support for Nigeria's port automation, offering expertise from 52 automated ports. Partnership includes maritime training and digital infrastructure development.
Two injured in Ogun multiple auto crash
Two persons sustained injuries in a multiple vehicle collision on Abeokuta-Lagos Expressway. TRACE confirms 17 passengers involved, no fatalities reported. Read full details.
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