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AFRICANGLOBE - A state-owned Chinese company has signed a $12bn agreement to build a railway along Nigeria’s coast that it billed as China’s single largest overseas contract, state media said on Thursday. China Railway Construction Corp (CRCC) signed the official construction contract with the Nigerian government on Wednesday in Abuja, the Xinhua news agency said.
AFRICANGLOBE - The Nigerian Railway Corporation (NRC) says it will commence the movement of container freights from APM Terminals in Apapa, Lagos to Inland Container Nigeria (ICN) depots in Kaduna and Kano in line with its plan to revive the sector.