Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office, on Thursday, 26th October, arraigned one Hussaini Baba before Justice S.M Shuaibu of the Federal High Court Kaduna on a one count charge bordering on currency counterfeiting.
Hussaini Baba, 65, farmer and a native of Jahun Local Government Area Jigawa State, was referred to the EFCC from the Nigeria Security and Civil Defence Corps, NSCDC, Kaduna, where operatives of the Corps arrested him while on surveillance duty around Rigachikun Area, Kaduna North.
He was in possession of fresh crispy 303 pieces of five hundred and 32 pieces of one thousand naira notes, totalling One Hundred and Eighty Three Thousand Five hundred Naira (N183, 500) only suspected to be counterfeited Nigerian currency.
Investigation into the case further revealed that the accused, Hussaini has been involved in this crime for sometime as he stated that he usually sells a bundle of fake currencies for about fifteen thousand naira to unsuspecting victims around Kaduna, Katsina axis.
He, however, pleaded not guilty and the Judge could not grant him bail as he had no counsel to represent him.
The Judge remanded him in prison custody and adjourned the case to 15th November, 2017 for hearing of bail application.
Hussaini Baba, 65, farmer and a native of Jahun Local Government Area Jigawa State, was referred to the EFCC from the Nigeria Security and Civil Defence Corps, NSCDC, Kaduna, where operatives of the Corps arrested him while on surveillance duty around Rigachikun Area, Kaduna North.
He was in possession of fresh crispy 303 pieces of five hundred and 32 pieces of one thousand naira notes, totalling One Hundred and Eighty Three Thousand Five hundred Naira (N183, 500) only suspected to be counterfeited Nigerian currency.
Investigation into the case further revealed that the accused, Hussaini has been involved in this crime for sometime as he stated that he usually sells a bundle of fake currencies for about fifteen thousand naira to unsuspecting victims around Kaduna, Katsina axis.
He, however, pleaded not guilty and the Judge could not grant him bail as he had no counsel to represent him.
The Judge remanded him in prison custody and adjourned the case to 15th November, 2017 for hearing of bail application.
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