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Household Income

The Chinese embassy in Burkina Faso on Monday presented a mechanism for exempting 97 per cent of products of Burkinabe origin from customs duties, in order to “boost trade cooperation” by increasing the volume of exports to its market.

China to raise proportion of middle-income earners

Last year, the country’s total retail sales of consumer goods reached 39.2 trillion yuan ($6 trillion), and final consumption contributed 54.3 percent to China’s GDP. As a result, China maintained its position as the second largest consumption market of the world.

DBN: Optimising women’s potential will increase Nigeria’s GDP

Panelists at the second edition of Development Bank of Nigeria’s International Women’s Day Seminar have stated that failure to optimise the potential of women will affect the social and economic development of Nigeria.
The Ekiti State Governor, Kayode Fayemi, on Tuesday, briefed Mr Buhari on the limitations of the distribution of palliatives to vulnerable persons to curb the economic impact of the coronavirus.

NGF: Nigeria to get 140 million doses of coronavirus vaccines in 2021, 2022

The 36 state governors under the aegis of the Nigeria Governors’ Forum, NGF, have disclosed that the country will take delivery of 80 million doses of COVID-19 vaccines to cover 40 percent of the nation’s population this year, while another 60 million doses were being planned for 2022.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Rising inflation will make economy weaker

The Central Bank of Nigeria (CBN) survey for fourth quarter of 2020 (Q4 2020) showed that rising inflation will make the country’s economy weaker in 2021.

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EFCC hands over recovered N67.5 million to victim in Enugu

The Economic and Financial Crimes Commission (EFCC), has restituted the sum of N67,523,000 to one Mr. Emmanuel Onyekachukwu Onah, a trader based in Onitsha, Anambra State.
Youth members of the People’s Democratic Party (PDP) from the South-West have urged the leadership of the party to pick Rivers State’s Governor Nyesom Wike as Vice-Presidential Candidate in the 2023 elections.

Governor Wike: Nobody can undermine Rivers in quest for Nigeria’s presidency

Rivers State Governor, Nyesom Wike, has said that anybody jostling to be president of Nigeria would also need to secure votes in Rivers to combine with either Kano or Lagos to emerge victorious.
The All Progressives Congress has named the Governor of Kogi State, Yahaya Bello as chairman of its Ondo State Governorship Primary Election Committee.

Governor Bello: Many PDP governors will join APC soon

Kogi State Governor and Chairman of Contact and Mobilisation Committee of the ruling All Progressives Congress (APC), Yahaya Bello, has said more governors elected on the platform of the Peoples Democratic Party (PDP) and other political bigwigs would soon join the party.

RCCG apologises to minister over Osun road project

Minister of Works and Housing, Babatunde Raji Fashola (SAN), on Thursday, dismissed alleged payment of N151million to a firm for a road rehabilitated by the Redeemed Christian Church of God (RCCG) in Osun State.
Over 9000 candidates are jostling for 4000 admission slots in Yusuf Maitama Sule University Kano (YUMSUK) for the 2020-2021 academic session.

NUC approves Kano university’s postgraduate school

The National Universities Commission (NUC) has approved the establishment of a Postgraduate School and the commencement of 34 postgraduate programmes in Yusuf Maitama Sule University, Kano.

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Cryptocurrency: “There is need for regulation and not prohibition of Cryptocurrency” - Vice President Yemi Osinbajo speaking at the CBN Bankers’ Forum today, 26th February 2021.

VP Osinbajo to kick off Ogun digital economic empowerment programme

Barring any last-minute change in plans, Vice President Yemi Osinbajo will on Thursday (tomorrow) join Ogun State Governor, Prince Dapo Abiodun, to flag off a digital empowerment programme in Abeokuta, the state capital.
The Institute for Peace and Conflict Resolution (IPCR) has pledged to collaborate with the Nigerian Army Resource Centre (NARC) to find practical solutions to insecurity confronting the country.

Nigerian Army arrests 12 suspects for drug peddling

The Nigerian Army, 4 Brigade, Benin, on Wednesday handed over 12 suspects arrested in connection with peddling illicit drug to the National Drug Law Enforcement Agency (NDLEA), Edo Command.

SEC warns Nigerian fintechs against trading foreign stocks

Nigeria’s Securities and Exchange Commission (SEC) has warned unregistered investment-tech platforms to desist from offering foreign securities to Nigerians.

2023: PDP must unite to take over power – ex-Senate presidents

Three former Senate Presidents of the Nigerian Senate have all stressed the need for the People’s Democratic Party (PDP) to work hard and unite to take over the mantle of leadership of the country come 2023.
Minister of Education, Adamu Adamu

Nigerian government appoints governing councils, heads of some education agencies

President Muhammadu Buhari has approved the appointments of persons into key establishments in the education sector.