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...
Seven suspected traffic armed robbers were arrested by men of the Lagos state police command yesterday November 10th. Four of the suspected traffic robbers identified as Adebayo Oluwafemi,23, Olanrewaju Abdullahi 19, Olanrewaju Quadri 18, Oladapo Ishola, 18, all residents of Oshodi, all pictured above, were arrested after they attacked one Dare Adewale, while he was driving on the Oshodi Oke bridge. One of the suspects distracted their victim by engaging him on the driver's side while the other suspects picked up valuables in his car including his Infinix Hot Note phone. Passersby raised alarm and men of the Anti-robbery squad posted to Oshodi Oke chased the robbers and arrested them. They are currently being detained at the Oshodi police station and would soon be charged to court. In a related development, three suspected traffic Robbers namely Dada Ogundipe 19yrs, Adewale Sodiq 22yrs and Omodeji Railwan 19yrs, were arrested along Oshodi expressway inwards Anthony Bridge. S...