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Showing posts from October 23, 2017

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...

Evans second arraignment stalled, fixed for October 27.

The arraignment of alleged kidnap kingpin, Chukwudumeme Onwuamadike a.k.a Evans at an Igbosere High Court in Lagos Island on fresh charges, was on Monday temporarily stalled as his lawyer brought an application seeking to quash the charges slammed on him by the Lagos State Government. Evans was hauled up before Justice Oluwatoyin Taiwo over alleged attempt to kidnap the Chairman of the Young Shall Grow Motors, Mr Vincent Obianodo. Following the application, the judge fixed Evans’ arraignment for Oct. 27. Evans, who was arrested on June 10, was brought to court alongside other defendants. The News Agency of Nigeria (NAN) reports that in the first charge, Evans was docked with one Victor Aduba on a four-count charge bordering on conspiracy, kidnapping and unlawful possession of firearms. They were accused of conspiring and kidnapping one Sylvanus Hafia. In the second charge, Evans was docked with three other defendants — Joseph Emeka, Chiemeka Arinze, and Udeme...

Our achievements are there for all to see, Buhari replies Jonathan.

Buhari’s approach to governance is tearing Nigeria asunder, says Nwabueze 12 hours ago Strengthening Southwest politics through Adams new title 12 hours ago Bayelsa governor blames forces in PDP for tearing party apart 13 hours ago President Muhammadu Buhari President Muhamamdu Buhari said on Monday that the achievements of his administration were there for all to see and not laced with lies and propaganda as being propagated by naysayers. Buhari said this in Abuja at the Nigeria Governors’ Forum Conference for Media Handlers of States’ Chief Executives. The president was responding to allegation of non performance of the All Progressives Congress (APC) Government leveled by former President Goodluck Jonathan. It would be recalled that former president Jonathan last week took a swipe at the APC Government, alleging that the Federal Government under President Buhari was “characterised by lies and propaganda’’. Buhari, who was repres...

14 dead in Borno suicide bombings.

Fourteen people have now died in the latest suicide bomb attack in northeast Nigeria, an official said Monday, calling for greater protection for those made homeless by Boko Haram. Three bombers, all of them women, detonated their explosives near the sprawling Muna Garage camp on the outskirts of the Borno state capital, Maiduguri, on Sunday evening. The blasts came after warnings of a build-up of jihadist fighters outside the strategic city, which has been the epicentre in the eight years of Islamist violence. Ahmed Satomi, from the Borno state emergency management agency, told AFP the death toll had risen since Sunday evening. “So far, we have 14 people killed and 18 injured in the triple suicide bombings last night,” he said. But he said the Muna Garage site, which in the last 18 months has developed from an informal settlement into a vast camp for internally displaced persons (IDPs), was “vulnerable”. “So far this year we have recorded 13 suicide attack...

Hennessey's Venom F5 Hypercar Could Break The 300 Mph Barrier -.

Hennessey performance releases a teaser of what appears to be the ‘Venom F5‘ hypercar breaking the 300 mph (480 km/h) speed record. The photograph was released on the american-automakers official instagram account showing the back of the car next to a speed limit sign showing 300 mph. Hennessey performance has stated that its new ‘venom F5’ will be one of the fastest cars on the planet when it is presented at SEMA on 1st November 2017. The hypercar is believed to have around 1500 bhp while weighing in at less than 1300 kg meaning that it may be capable of topping the ‘venom GT’s’ top speed record of 270mph. There are several similarities between this image and the earlier renders of the original ‘venom’, with stylish rear lights being the most notable feature created from the rendered images. Additional noteworthy items include the rear wing dominating the back of the vehicle, and the all-carbon rear diffuser setup suggesting that the final car will be very close to the renders. To dat...

Woman In Police Net For Using Teen Daughter To Defraud Suitors .

A woman, Mrs. Ifeoma Eze has landed in trouble after she allegedly used her beautiful underaged daughter to defraud suitors under the false pretence of giving her out for marriage. She was charged before a Lagos court for marriage fraud and remanded in prison custody. The incident happened at Mile 12 area of Ikorodu, Lagos where the suspect resides with her family. P.M.EXPRESS gathered from neighbours that the suspect had used the same pattern to defraud many suitors and used to tell the suitors that her daughter refused but will not refund the money she had obtained from them.  It was gathered that her plans had worked in the past until she fell into the trap of a suitor who handed her over to the police for prosecution. The suitor, Christian Okere reportedly approached Mrs. Eze and informed her of his intention to marry her daughter. She told him that it would only be possible if he would pay N250,000 in order for her to convince her daughter and the rest of the family members....

38 Women Accuse Hollywood Director Of Sexual Harassment.

The Hollywood sexual abuse scandal widened Monday after 38 women were reported to have accused US film director James Toback of unwanted sexual encounters over a period of decades. Toback reeled them in with boasts about his movie career and connections and with claims he could make them a star, according to their accounts to the Los Angeles Times. But in meetings framed as interviews or auditions, he allegedly would turn disturbingly personal, with questions veering to masturbation and pubic hair, the Times said. Toback reeled them in with boasts about his movie career and connections and with claims he could make them a star, according to their accounts to the Los Angeles Times. “He told me he’d love nothing more than to masturbate while looking into my eyes,” Louise Post, who met Toback in 1987 while attending Barnard College, told the Times. “Going to his apartment has been the source of shame for the past 30 years, that I allowed myself to be so gullible,” said Post, ...

Five outstanding Nigerian players last weekend.

In this week’s instalment of the outstanding five Nigerian players from the weekend, four Super Eagles players make the list while an uncapped forward tearing up the Danish League completes the stand-out five. Moses Simon Moses Simon PHOTO: AFP After serving an assist and hitting the post last week, Moses Simon got on the score sheet for his Belgian club side KAA Gent in the Jupiler League. Simon opened his Jupiler League goal account in the 1-1 draw against Kortrijk on Saturday. The lively winger had gone close in the first half hitting a shot inches away from the post. Simon received a pass at the edge of the box on the left, took on a defender, checked in to shoot. His shot, unfortunately, didn’t have enough curl on it as it flashed wide of the goalkeeper’s post. Simon’s style seemed to involve committing defenders, cutting in before unleashing a shot but for his goal showed he wasn’t a one-trick pony. The Nigeria International opened his body to receive a s...

Lauretta Onochie Mocks FFK - "Jonathan & Southeast Leaders Have Denounced IPOB" .

Presidential aide on social media, Lauretta Onochie has lashed out on Femi Fani-Kayode, former aviation minister, for describing President Muhammadu Buhari as a “closet radical Islamist and Christian-hating mass murderer and salafist.”  Fani-Kayode on Sunday, October 22, shared a tweet where he said President Buhari was and I quote; “Christian-hating mass murderer.” Reacting through her Twitter handle, Onochie asked the former minister to get a life since the IPOB he was allegedly using as a tool to fight the government was no more.  Sharing Fani-Kayode’s post, she tweeted:  “There’s life after IPOB. get a life, Femi Fani-Kayode! “Igbo traditional leaders, south east governors, Igbo opinion leaders and even His Royal Cluelessness, ex-pres. Goodluck Jonathan, have all denounced your boy, Nnamdi Kanu and his idea of Biafra. “It’s over. Go to rehab, clean up and get a life. Thank you. You are a Christian. Your are also a criminal.” Editor's Note:  Frankly, I am indeed d...

EFCC Storms Maina’s $2 Million Mansion In Abuja -.

Mobile police officers attached to the Economic and Financial Crimes Commission, EFCC, on Monday stormed a mansion belonging to embattled civil servant, Abdulrasheed Maina, who has been on the wanted list for about two years. A PREMIUM TIMES reporter who visited the building at No. 10 Hamisu Musa Road, Jabi, around 3:40 p.m. on Monday, saw stern looking police officers giving cover to an operative in mufti who was marking the house in red. The building is believed to have been bought for $2 million. Another of Mr. Maina’s houses located at No. 12, Road 11, Kado Estate is also billed for similar exercise. Another of Mr. Maina’s houses located at No. 12, Road 11, Kado Estate is also billed for similar exercise. The whereabouts of the embattled civil servant is not known. President Muhammadu Buhari on Monday ordered his sack and called for an investigation into how he was recalled into the civil service despite being on the wanted list of the EFCC.

Quest for FDIs, falling revenue spike debt-service ratio to 62 per cent.

Nigeria’s efforts to attract Foreign Direct Investments (FDIs), as well as frequent domestic borrowings at “lofty” interest rates in the last three years, have climaxed at a 62 per cent debt service-revenue ratio in June 2017, against 29 per cent in 2014. The development, which means that at the moment, more than sixth part of the country’s income will be expended on paying back its obligations, has left paltry fraction for pursuit of growth plans.. The development also showed the level of Federal Government’s low revenue-to-Gross Domestic Product ratio, which experts said would be at four per cent by the end of the year. Besides, the International Monetary Fund has restated its concern that except Nigeria actually commits its borrowing on infrastructure, the marginal economic rebound that is mostly based on favourable oil price now would still not save the country from any external shock. However, the widening debt service-to-revenue has now become the rationa...

Female Corper Almost Raped By An Okada Man In Ibadan Today (Photos) -.

A corps member serving in Ibadan, Wannirebie Ayo has narrated how an Okada man almost raped her today on her way to NYSC secretariat from her PPA. Read the story she just shared on her Instagram page below... " I got the greatest shock of my life today when I was almost raped by an okada man. I got dressed up left my house heading to the Secretariat in another community nt up to 30kms away frm my PPA, b4 I enter d bike d man said he wants to use the bush that he is having running stomach then I agreed and waited when he was done we left getting to some point around 4kms he stopped and said he wants to use d bush again. Not wasting much time he came back start asking me, how much am I paying ? I told him it's a fixed price na that's nt wat we should argue abt when he insist I said it's #300 which is d normal price we pay he said no dat I will pay him #1500 stopping at d junction for 8km and to my destination #2000 so felt uncomfortable wit d way he was acting that was w...