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World markets dive as Trump sparks trade, North Korea worries

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

UI May Withdraw 580 100 Level Students For Poor Academic Performance -.

The management of University of Ibadan (UI) has announced plans to withdraw 580 100 level students from the institution.

The University` Vice Chancellor, Professor Abel Olayinka, said this while lamenting over poor performance of the students.

Olayinka said 580 of the 2,961 students admitted into the University last year performed woefully in their first semester examination.

The Vice Chancellor said the affected students were those admitted when banned was placed on Post-UTME examination by the Nigerian Government las year.

He said the University could not assess the students; hence they were admitted into the university base on their JAMB score and O` Level results.

“The Senate of the University of Ibadan at its meeting held on Wednesday, 18 October, 2017, considered the results of the First Semester Examinations for the 2016/2017 Session. One major feature of the results was the noticeably poor performance of the 100 level students.

“From our records, 510 of the students out of the 2,961 posted a Cumulative Grade Point Average of less than 1.0. Kindly note that this is the minimum level of performance required to retain studentship here. In other words, 17.2 percent of the 100 level students would have to significantly improve their academic performance in order not to be advised to withdraw from the University at the end of the session,” Olayinka said in a statement.

The Vice Chancellor gave a breakdown of percentage of students with CGPA less than 1.0 in various departments as:

Faculty of Arts- 6.9%
Science-16%
Basic Medical Sciences-34.8%
Clinical Sciences-5.5%
Dentistry-7.1%
Public Health-45.8%
Forestry-33.3%
Social Sciences-8.3%
Education-15.4%
Veterinary Medicine-26.6%
Technology-20.9%
Law-2.4%, and
Pharmacy-12.9%.

Olayinka said, “As leaders of this University at this point in time, we have the onerous responsibility of bringing the best out of our students.

“For me as a person, it hurts very deeply when any student is advised to withdraw from the university on account of very poor academic performance. As you are aware, the pass mark in any of your courses is now 45 percent as against 40 percent hitherto. Secondly, Continuous Assessment now accounts for 40 marks out of the maximum 100 marks in each course.

“Moreover, the minimum number of units that you need to pass at the end of the 100 level is now 24 units, as against 20 units previously. All these taken together indicate that the standard is being improved. Students are expected to rise to the occasion by being more focused and always remember the primary reason why you are here.

“One of the measures being put in place, by Senate, is to strengthen our Continuous Assessment Policy. In this respect, there will be at least two tests or assignments conducted during this Semester. The three domains of cognitive, affective and psychomotor are to be taken into consideration in the determination of continuous assessment scores.

“The marks allotted to continuous assessment will be spread to reflect the totality of what students do and could include one or a combination of quizzes, conduct in and out of class, theatre, laboratory, class participation, group work, practical/field work, assignments, class attendance, presentations and tests. Moreover, a week has been set aside in the revised Academic Calendar for Continuous Assessment. This is the period from Monday, 6 November 2017 to Friday, 10 November, 2017.

“I hasten to add that the Senate has directed Heads of Departments to implement the strengthened Continuous Assessment Policy in the University. Deans of Faculties will monitor the level of compliance while the Deputy Vice-Chancellor (Academic) will coordinate,” he said.

As you are aware, parts of the second stanza on the University Anthem talks of 'Greatness won with honest toil'. Here it is only honest. hardwork that pays.

I implore you to work harder this Semester. I wish you all the best in the remaining few weeks before you start the end of Semes
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