Nigeria-China Trade Hits $7.76bn By Udoh Xhristopher The trade between Nigeria and China has hit a historical new high of $7.76 billion, the Chinese Ambassador to Nigeria, HE Deng Boqing, has said. According to him, Nigeria has become the fourth largest trade partner and the second largest export market of China in Africa. The envoy spoke during a one day seminar on China-Nigeria Trade Promotion jointly organised by the Economic and Commercial Counselor’s office, Chinese Embassy and the National Association of Nigerian Traders (NANTS), in Lagos. He added that in 1993 the China-Nigerian trade volume surpassed $100 million for the first time, stressing that it is since the 1990s that the bilateral trade has been developing by leaps and bounds. He added that China and Nigeria enjoyed long-standing trade relations and said that since early as 1953, well before the establishment of formal diplomatic relations, the two countries have commenced trade contact with each other. According to