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Showing posts from October 27, 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

Low turnout, violence tarnish Kenya’s repeat election.

As polling officials tallied votes, Kenyans counted the cost Friday of a deeply divisive election marred by low voter turnout and violence that left at least four dead and scores wounded. Kenyan President Uhuru Kenyatta is headed for a landslide win in the absence of his main rival Raila Odinga who boycotted the vote, however, his legitimacy will be sorely questioned with initial figures showing only about a third of registered voters turned up. The country’s second presidential election in three months has sharply divided east Africa’s flagship democracy, and could yet face further legal battles. In its post-election editorial, the Daily Nation warned Kenya is now “more fractured and unstable than ever before” but added, “ours is a political problem that requires a political solution.” “There is a need to forge inclusivity.” The vote came after a two-month political drama that began when the Supreme Court overturned the victory of President Uhuru Kenyatta in

Nigerian Man Buys South African Man A G-class To Apologise For Impregnating Wife.

A Nigerian man based in South Africa says he does not regret buying a luxury Mercedes-Benz G-class to a South African man as a token to apologise for impregnating his wife. “I know what I did is wrong but I feel better he has accepted my gift. He accepted that his wife, my girlfriend, is pregnant and will soon give birth to my son. He was angry at first but when I presented the car to him his anger vanished,” said the man who identified herself as John. One source close to the family of the woman who fell pregnant says she knew about the affair but never thought it would lead to a pregnancy. She says she is disappointed the husband accepted the Mercedes-Benz from the Nigerian national.

Police abort meeting of Niger Delta leaders.

There was outrage at the police stopping of a meeting of the general assembly of Pan Niger Delta Elders Forum (PANDEF) in Port Harcourt, Rivers State, yesterday.PANDEF leaders said the action was dangerous because it would send a bad signal that the government does not appreciate the role the group has been playing to rein in militants and other aggrieved groups in the volatile Niger Delta region. As early as 7:00 a.m. police operatives from the Rivers State Command barricaded Birabi Street leading to Hotel Presidential, Port Harcourt, venue of the aborted meeting, and prevented delegates, including monarchs and human rights activists from accessing the place. The security agents said they were directed by the Police High Command to disrupt the meeting following a threat by a new militant group, Reformed Niger Delta Avengers, to blow up critical oil installations if the PANDEF meeting went ahead.The Guardian learnt from sources in the PANDEF that the primary agenda for the g

EFCC Arraigns 65-Year-Old Man For Currency Counterfeiting In Kaduna (Photo) .

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

Uduak Abasi Umondak's Daughter Is Dead: Victoria Nkanga Herman Her Only Child .

Former First Lady of Akwa Ibom State, Uduak Abasi Umondak, is bereaved. Her grief is occasioned by the death of her only child, Victoria Nkanga Herman. It was learnt that Victoria suffered a cardiac arrest in the United States. The 40-year-old lady never recovered from it, as she died On October 2, 2017. Victoria was Uduak’s only child from her marriage to Nsikak Nkanga, the former Military governor of Akwa Ibom state. She was was buried in the USA, where she had lived almost all her life. The funeral service took place on Monday, 9 October, 2017, at Capital Christian Fellowship. 10411 Greenbelt, Lanham, Maryland, USA. The interment took place at National Harmony Memorial Park, 7101 Sheriff Road, Landover.

Stop Lying Against Ojukwu, IPOB Warns Gowon .

The Indigenous People of Biafra on Thursday asked a former Head of State, Yakubu Gowon, to stop making provocative and false statements against the late Dim Chukwuemeka Odumegwu- Ojukwu and the civil war. Gowon had recently in an interview with a private television station said Ojukwu’s lies caused the civil war in the country between 1967 and 1970. The former Head of State added, “We agreed to put our heads together, to regain the trust and confidence of Nigerians. We went to Aburi, to agree to deal with the situation of our country; by ourselves. We did not go with any prepared position on the federal side, but Ojukwu came with a paper he prepared. His prepared position was on a pink paper. Usually, a pink paper at the staff college means directing staff solution to the problem.” He alleged that the civil war broke because Ojukwu went on television and gave his account of the Aburi Accord, which was at variance with what was agreed upon; thereby deceiving the people of Biafra to goin

New JFK files reveal mafia plots, FBI warning on Oswald.

T he US government on Thursday released a mammoth, long-awaited trove of secret files on the killing of president John F. Kennedy, offering intriguing new insights into events surrounding one of the most infamous assassinations in history. While many of the 2,891 records released by the National Archives were raw intelligence and uncorroborated, they were almost certain to reinvigorate rampant conspiracy theories about the November 22, 1963 slaying of JFK in Dallas, Texas. An outlandish CIA plan to recruit the mafia to kill Fidel Castro, FBI foreknowledge of the plot to murder Kennedy’s killer, and Kremlin suspicions of a homegrown rightwing conspiracy were among the highlights, even as some files were withheld for further review on national security grounds. One document from 1975 detailed how in the early days of Kennedy’s presidency the CIA offered $150,000 to Italian-American mob boss Sam Giancana to organize the killing of Cuban leader Fidel Castro. Giancana

Yetunde Aderibigbe Beaten By Hoodlums For Accidentally Bashing Car .

The beautiful and upcoming actress mistakenly made a minor scratch on the car of an LSNC officer of Alimosho Local Government and instead of a peaceful resolution, the staff decided to unleash the dreadful hands of hoodlums (omoota) on the creamish #actress, breaking her phone and trying to cart away with other valuables, based on the fact that the LG staff was within her territory. Case has been taken to the nearest police station. We hope this ends well for beautiful actress & producer of just released movies #AMANDA & #OMOJABEZZI! Watch Listen to The Audio And Video Below....

UNICAL Yahoo Boys Who Wanted To Buy iPhones Before December Arrested (Photo).

Two students of the University of Calabar, UNICAL in Cross River state, have been arrested by operatives of the Nigeria police command over Internet scam. According to reports, the students were arrested for duping three clients to the tune of N400,000 after parading themselves on their Facebook pages as Colonel and Major of the Nigerian Army and promising to secure recruitment into the force for their clients. The suspects who reportedly said they wanted to buy iPhones before the December celebration, blamed the devil for the act.

Facebook launches Africa’s first SME Council in Nigeria.

“To develop better targeting tools, spend less and achieve more exposure and returns”, that was the feedback from most of the selected participants when Facebook launched it’s first SME Council in Africa on Wednesday, October 25. The first to launch on the continent, and part of Facebook’s ongoing commitment to help support small and medium-sized businesses throughout Africa, the council was launched in partnership with small business owners to provide better digital tools for business and customer growth. Speaking at the launch, Abi Williams, Facebook’s SMB Sales Manager, EMEA said: “Small businesses form the backbone of most of the thriving economies in the world, driving sustainable growth and creating jobs, and those in Nigeria are no different. Facebook is strategically positioned to help SME’s grow their businesses, and with a vibrant SME sector, Nigeria was a natural choice in launching our very first SME Council on the African continent. With 35 million people in

Mr Latin, Toyin Tomato, Faitha Balogun Become Ambassador Of Olokun Festival .

Nollywood actors, Mr Latin, Toyin Tomato, Faitha Balogun now Faitha Williams are been made the ambassador of Olokun Festival Foundation. The actors were been decorated by the new Aare ona kakanfo of Yorubaland aare Gani Adams, Olokun Festival is the name of annual cultural festivals in Nigeria celebrated throughout Yorubaland by various Yoruba people groups, and also by the Edo. In the Yoruba Language, Okun means Sea, while Osa means Lagoon (enclosed sea). Olokun is the goddess/god of the sea, while Olosa also known as Osara is the Goddess of the lagoon and estuaries. See photos below...

Colleagues plead with Ayade to fulfill pledge to Bekom’s family.

Sports journalists in Cross River State have appealled to Governor Ben Ayade to release the approved N2 million assistance to the surviving family members of late veteran broadcaster, late Eddy Bekom.   Rising from a joint meeting of stakeholders and the Cross River State sports journalists yesterday, the colleagues said the Bekom’s surviving children are suffering since the sudden and devastating demise of their parents occasioned by an unfortunate domestic gas explosion.   While thanking the state government for its kind gesture, the journalists said such money would go a long way in ameliorating several academic and domestic challenges facing the children. A communiqué at the end of the meeting signed by Mr. Albert Andinam, Mr. Isoni Isoni, and Vitalis Ugoh, advised the stakeholders to liaise with the zonal and national organs of sports journalism to establish an endowment fund for members to cater for similar mishaps and to immediately set a machinery in motion to imm

Nigeria’s inflation rate to fall to single digit in mid-2018, says Emefiele.

Nigeria’s Central Bank Governor Godwin Emefiele said on Friday he expected the inflation rate to fall at a faster pace and hit high single-digit rates mid-next year. “We are very optimistic that food prices will come down and as they come down, it will help to complement the reduction in core inflation,” Emefiele told journalists on the sidelines of an investment conference at the London Stock Exchange. “I expected a more aggressive moderation. “We are hoping that by the middle of next year we should begin to approach the high single digits,” he said, adding that around nine percent would be a good target. Annual inflation in Nigeria slowed for an eighth month in September, easing to 15.98 per cent.

Experts hinge nigeria’s survival on digital skills.

Nigeria, and indeed, Africa’s ability to develop the youths’ digital skills will definitely bequeath some economic powers, according to some information and communications technology (ICT) experts. The experts who spoke to Nigeria CommunicationsWeek on the backdrop of statistics shared by World Bank, unanimously agreed that technology is the promise and ultimately the final hope for Africa’s youth. According to the World Bank, 11 million youths enter the African labour market every year over the next decade.Mr. Chinenye Mba-Uzoukwu, CEO, InfoGraphics, said, “Africa will indeed be the youngest continent on the planet between 2030 and 2050 depending on whose data you use. Between 2017 and then, the continent will either fracture or surge. If the latter, it will be wrenched violently apart by the uncontainable forces of food insecurity, plunging health, social dislocation, rural to urban surges, functional illiteracy and a dysfunctional education system, an expanding digital divide