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...
President Muhammadu Buhari has returned to Abuja after a two-day official visit to Ebonyi and Anambra in the South East region.
The President’s visit was the first since the inception of the All Progressives Congress-led Federal Government.
Buhari, who commenced the visit on Nov. 14 with a state visit to Ebonyi, assured the people of South-East that his administration would ensure timely execution of roads, power and other projects in the region.
He gave the assurance when he addressed Ebonyi State Leaders of Thought and Traditional Rulers at a meeting in Government House, Abakiliki.
The President, who was also hosted to a state dinner organised in his honour, commended Ebonyi people for the warm reception accorded him during the state visit.
He said that the visit was clear demonstration of his administration’s strong belief in the unity of Nigeria.
Buhari inaugurated the 14.5km Abakiliki-Afikpo Federal road constructed by the Ebonyi Government and launched the 700-metre dual flyover over the Trans-Sahara route, running from Enugu to Cameroon, and the Sen. Offia Nwali flyover, all in the state capital.
The President also performed the foundation-stone laying ceremonies of Ebonyi City Mall, another flyover and road tunnel named after him.
He unveiled the statue of Sir Akanu Ibiam, former Governor of the old Eastern region, whom he described as “a great Nigerian, whose notable records of humanitarianism, advocacy of free primary education and rural development would continue to be an inspiration to all.’’
Buhari, who commended Gov. David Umahi for ”his vision and commitment to the development of the state,” also thanked traditional rulers in the state, led by Eze Charles Mkpuna for conferring him with the chieftaincy title of Enyioma 1 of Ebonyi (Trustworthy friend of Ebonyi).
At another event with South East traditional rulers led by Eze Eberechi Dick, the President was conferred with the chieftaincy title of Ochioha Ndigbo (Leader of Igbo people).
He was also in Akwa, capital of Anambra, in continuation of the two-day visit to the South East.
While in Awka, Buhari ordered the police to restore security to Gov. Willie Obiano of Anambra and called for massive support to Mr Tony Nwoye, APC’s governorship candidate.
He called on the people of Anambra to vote Nwoye of APC in the Nov. 18 election.
The President made the call in a short speech at the grand finale of the governorship rally held for the APC governorship candidate.
He said Anambra people would benefit much if they voted for APC.
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