Investogist
No Result
View All Result
Tuesday, November 25, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Policeman kill driver over N100 bribe in Anambra

    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Gunmen abduct unidentified man in Anambra state

    Gunmen Storm St. Mary’s Catholic School Niger State, Abduct Unknown Number of Pupils and Teachers

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Federal High Court sentences Nnamdi Kanu to Life imprisonment

    Kanu says entering a defense is pointless, “no valid charges against me”

    Federal High Court Convicts Nnamdi Kanu of Terrorism

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Physically Removed from Court After Outbursts as Judge Reads Terrorism Verdict

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Financial Education
    • Industry
    • Technology
    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Opens ₦15.9bn Rights Issue to Shareholders

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries returns to profitability with ₦2.74 billion profit after tax in half-year 2025

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

    Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    SUNU Assurances gets shareholder approval for capital raise

    TotalEnergies Acquires Additional Stake in Nigeria’s OPL 257 from Conoil

    TotalEnergies Acquires Additional Stake in Nigeria’s OPL 257 from Conoil

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc addresses rumored acquisition in Kenya

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Nascon Allied Industries Plc reports N17.57 bn revenue in H1 2021

    NASCON Allied Industries Announces Major Leadership Change as Saka Becomes Managing Director

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Policeman kill driver over N100 bribe in Anambra

    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Gunmen abduct unidentified man in Anambra state

    Gunmen Storm St. Mary’s Catholic School Niger State, Abduct Unknown Number of Pupils and Teachers

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Federal High Court sentences Nnamdi Kanu to Life imprisonment

    Kanu says entering a defense is pointless, “no valid charges against me”

    Federal High Court Convicts Nnamdi Kanu of Terrorism

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Physically Removed from Court After Outbursts as Judge Reads Terrorism Verdict

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Financial Education
    • Industry
    • Technology
    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Opens ₦15.9bn Rights Issue to Shareholders

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries returns to profitability with ₦2.74 billion profit after tax in half-year 2025

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

    Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    SUNU Assurances gets shareholder approval for capital raise

    TotalEnergies Acquires Additional Stake in Nigeria’s OPL 257 from Conoil

    TotalEnergies Acquires Additional Stake in Nigeria’s OPL 257 from Conoil

    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc addresses rumored acquisition in Kenya

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Nascon Allied Industries Plc reports N17.57 bn revenue in H1 2021

    NASCON Allied Industries Announces Major Leadership Change as Saka Becomes Managing Director

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

U.S Congress: Measures to permanently stop U.S. debt payments to China over Covid-19

Thursday, 11 March 2021, 6:46 pm
in News, World
0
U.S Congress: Measures to permanently stop U.S. debt payments to China over Covid-19
Share Share Share Share Send as Email

Republican U.S Congressman, Brian Mast is seeking to punish the People’s Republic of China for its handling of the COVID-19 pandemic by introducing a measure to permanently withhold payments from the U.S. and other countries on debts owed to them.

The congressman is set to roll out legislation this week to this effect, on the one-year anniversary of the World Health Organization (WHO) designating the novel coronavirus a global pandemic.

Mast’s legislation claims that the Chinese Communist Party “actively engaged in a cover-up designed to obfuscate data and hide relevant public health information,” which continues to “limit efforts to identify the original source of COVID-19.”

  • Read also; Use of Oxford/AstraZeneca vaccine suspended in three European Countries
  • Application for the 2021 Ibrahim Leadership Fellowship programme at the AfDB

The measure states that the outbreak of COVID-19 is “a direct result” of China’s “appalling record of human rights abuses, including its suppression of the freedom of expression, as well as its aggressive domestic and global propaganda campaign.”

“The People’s Republic of China should be held accountable for its handling of the COVID-10,” the legislation states. “The United States and other countries should permanently withhold payments on debts owed to the People’s Republic of China in amounts equal to the public costs incurred by such countries relating to COVID-19.”

Mr. Mast of Florida told Fox News that the China’s total lack of transparency and mishandling of the coronavirus outbreak has cost hundreds of thousands of lives, millions of jobs, and left untold economic destruction in the United States.

“Congress must put America first and hold China accountable for their cover-up by forcing them to pay back the taxpayer dollars that have been spent as a result,” he said.

According to Mast’s office, as of November 2020, China owned $1.063 trillion of the total outstanding U.S. government debt issued by the U.S. Department of the Treasury.

Sen. Marsha Blackburn’s, R.-Tenn., plan last year to press China to waive debt payments was met with concern from some on Wall Street, including Bridgewater Associates founder Ray Dalio, who said withholding debt payments could spark a capital war.

Nearly 118 million people around the world have become infected with COVID-19 and more than 2.6 million people have died.

In the United States, 29.15 million Americans have been infected with COVID-19, and more than 529,000 Americans have died.

House Republicans last year accused China of ignoring rules requiring governments to report any information of a new SARS-like virus to the WHO within 24 hours.

In 2005, following the SARS outbreak, the WHO had updated the International Health Regulations (IHR), which were first adopted by the Health Assembly in 1969, acknowledging that the organization has “a central and historic responsibility” to manage “the control of the international spread of disease.”

According to Articles 6 and 7 of the revised IHR, members are obligated to provide the organization with all relevant public health information, including lab results, “within 24 hours of assessment … of all events which may constitute a public health emergency of international concern.” The document later cites SARS as an example.

Reports show that the first case of the virus in China came in November 2019, but the first human-to-human transmission of the virus was reported by Wuhan doctors on Dec. 8, 2019 and China failed to inform the WHO of the outbreak until Dec. 31, 2019.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

Related Posts:

  • Debt,
    Nigeria's total debt rose to N46.25 trillion in…
  • Buhari,,
    All you need to know about "Coronavirus disease…
  • Trump 2
    Twitter bans Trump permanently, as Google suspends…
  • Securities-and-Exchange-Commission
    We are implementing measures to encourage more…
Previous Post

Use of Oxford/AstraZeneca vaccine suspended in three European Countries

Next Post

President Buhari hikes Petrol Price to N212 per litre through the PPPRA

Next Post
President Buhari hikes Petrol Price to N212 per litre through the PPPRA

President Buhari hikes Petrol Price to N212 per litre through the PPPRA

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Acceptance for Champion Breweries Plc Take-Over Offer closes soon

Champion Breweries Opens ₦15.9bn Rights Issue to Shareholders

Security features of the new naira notes revealed by the CBN

New hope for Naira fixed income savers?

Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

Dangote Invests $700 Million in Sugar as South African CEO Thabo Mabe Assumes Leadership

Acceptance for Champion Breweries Plc Take-Over Offer closes soon

Champion Breweries Opens ₦15.9bn Rights Issue to Shareholders

Policeman kill driver over N100 bribe in Anambra

President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

Acceptance for Champion Breweries Plc Take-Over Offer closes soon

Champion Breweries returns to profitability with ₦2.74 billion profit after tax in half-year 2025

FG Closes 41 Unity Schools Amid Bandit Attacks

FG Closes 41 Unity Schools Amid Bandit Attacks

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved