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    MarketForces Africa » MarketForces News » China Applauds Nigeria’s Leading Role in ECOWAS Sub-Region

    China Applauds Nigeria’s Leading Role in ECOWAS Sub-Region

    Julius AlagbeBy Julius AlagbeSeptember 8, 2024Updated:September 8, 2024 News No Comments2 Mins Read
    China Applauds Nigeria’s Leading Role in ECOWAS Sub-Region
    President Bola Tinubu
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    China Applauds Nigeria’s Leading Role in ECOWAS Sub-Region

    China has applauded Nigeria’s leading role in ECOWAS, especially the country’s efforts toward enthroning stability in the sub-region. This is contained in a joint statement between Chinese President Xi Jinping and Nigeria’s President Bola Tinubu from the latter’s just concluded state visit to China.

    The statement indicated that the event was aimed at: “Establishing a Comprehensive Strategic Partnership and Building a High-Level China-Nigeria Community with a Shared Future.” It affirmed that China and Nigeria would make joint efforts to fully support Nigeria’s geographical and development advantage in West Africa.

    The statement explained that such a diplomatic approach was to establish Africa’s flagship projects on cross-national and cross-regional cooperation. “China supports Nigeria to play a strong leading role in the region’s affairs, including the fight against terrorism and managing differences.

    “China appreciates the efforts of Nigeria in enhancing regional peace and solidarity and promoting regional integration, with a strong emphasis on respecting democracy, good governance, and the rights of citizens.

    “China supports the West African countries’ efforts toward addressing their differences through friendly dialogue and consultations and to carry forward the regional integration.

    “In this regard, China also urges other international actors to refrain from actions that could turn the region into a space for geopolitical contestation,” the joint statement said.

    It added that the two sides agreed to remain committed to safeguarding peace, security, and stability in the ECOWAS sub-region, including the Sahel and Gulf of Guinea. Naira Rises against US Dollar Ahead of Sept. FX Auction

    ECOWAS Nigeria Region
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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