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China s economic recovery on track

China s economic recovery on track chinadaily.com.cn | Updated: 2021-07-19 17:28 Share CLOSE Containers await shipping at a port in Xiamen, Fujian province. [Photo by WANG XIEYUN/CHINA DAILY] China s economy grew by 7.9 percent in the second quarter of 2021 compared with a year earlier and posted 12.7 percent growth in the first half of the year, the National Bureau of Statistics announced on Thursday. Thanks to Beijing s efforts in largely containing the pandemic earlier than its trading partners, the world s second-largest economic body has managed a solid economic revival, Reuters said in a Tuesday report. It reported the growth of both China s exports and imports beat expectations in June.

Eid-el-Kabir: Buhari decries rising cost of rams, food items

• Governors, Tinubu, Atiku, Saraki, others charge Nigerians on unity, tolerance • PDP seeks prayers to save Nigeria from insecurity, biting economic hardship President Muhammadu Buhari has decried prevailing outrageous prices of food, ram and other items in the market, saying the development was not consistent with virtues of Islam. In his message marking the occasion of Eid-el-Adha being celebrated across the world today, President Buhari appealed to Muslims “to demonstrate the good virtues of Islam through personal examples and practices.” He said: “As practising believers, we shouldn’t seek obscene profits by making life difficult and miserable for others. We should not seek happiness at the expense of others. Remember that Islam is a religion of charity that urges us to love our neighbour as we love ourselves.

Nigerians groan as cooking gas prices surge again

By Tue Jul 20 2021 Nigerians have again bemoaned yet another increase in domestic gas prices, the fourth of such increases in two months. Findings by Daily Trust in Lagos, Abuja, Kano, Kaduna, Port Harcourt, Enugu, Ibadan and few other cities across the country on Wednesday and Thursday showed that marketers of cooking gas have increased prices of various kilogrammes (kg) of Liquefied Petroleum Gas (LPG) by about six percent. In the past two months, filling a 12.5kg cylinder had increased from N4,200 to N4,500 to N4,700 and to N5000, up from between N3,600 and N3,800 in March. In May, gas filling plants sold 12.5kg at N4,200 and increased to N4,500 in June and N4,700 by early July and N5,000 this week, mid-July.

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