BREAKING NEWS

BREAKING NEWS

Nigeria and China to sign agreement on $328 million - Nigeria presidency

Now Reading:

Nigeria and China to sign agreement on $328 million - Nigeria presidency

Nigeria and China to sign agreement on $328 million - Nigeria presidency
@ Copyright :
AFOLABI SOTUNDE(Reuters)
Text size Aa Aa

ABUJA (Reuters) - Nigeria and China are to sign an agreement on $328 million (£253.1 million) to be provided by Chinese Exim bank for technology infrastructure, Nigeria's presidency said on Saturday.

The bank facility is for the development of the country's telecommunications network. Nigeria's President Muhammadu Buhari arrived in China on Saturday ahead of the two-day Beijing Summit of the Forum on China-Africa Cooperation, which will begin on Monday.

(Reporting by Felix Onuah; Writing by Alexis Akwagyiram; Editing by Andrew Roche)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.