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Showing posts from December 26, 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
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Christmas: Osun Assembly Wants Nigerians To Learn From Jesus Life.

State House of Assembly under the leadership of Honourable Najeem Salam has congratulated Christians on the celebration of 2017 Christmas, urging the people to learn from the life of Jesus Christ. It urged Christians and Nigerians in general to celebrate Christmas with high sense of optimism and faith in the redemption brought by the birth of Jesus Christ, noting that the yuletide offered opportunity for us as a nation to seek peace, harmony and exercise love to one another. In a statement by the Chairman House Committee on Information and Strategy, Olatunbosun Oyintiloye, the Assembly said the noticed improvement in the economic situation in Osun in particular and Nigeria in general has offered hope that things would soon take shape economically. According to the parliament, though the journey through the year has been rough and tough, but the development of recent has shown what the new year has to offer. The parliament described Christmas as a season of joy, redempt
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Gunmen kill 10 villagers in Kaduna.

Gunmen have killed 10 people in attacks on two Christian-dominated villages in the northern Nigerian state of Kaduna, a hotbed of ethnic and religous strife, officials said Tuesday. On Christmas Eve, six people were killed when gunmen suspected to be ethnic Fulani Muslims stormed Ungwan Mailafiya, they said. The killings followed an attack in nearby Nindem late Friday where gunmen opened fire on a congregation, killing four and injuring 10, said a local lawmaker. “While we were mourning the deaths at Nindem … the security personnel received distress calls of another attack at Ungwan Mailafiya”, parliamentarian Shehu Nicholas Garba said in a statement.   “By daybreak on Christmas, six persons had been confirmed killed, including a child of about six years old, and many others injured,” he said. A spokesman from the state government said troops had been deployed to prevent further violence. Southern Kadu
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Nigerian ex-president’s campaign chief held for alleged graft.

The former campaign chief of Nigeria’s ex-president Goodluck Jonathan has been arrested for allegedly stealing $48.5 million from state coffers to fund his failed 2015 re-election bid, an official said Tuesday. Ngozi Olojeme was head of Nigerian Social Insurance Trust Fund (NSITF) and siphoned off this amount from the fund, an official from the national anti-corruption agency EFCC told AFP. “She is in our custody for an alleged fraud totally $48,485,127 belonging to NSITF,” he said, and added that the EFCC had also seized 38 properties traced to Olojeme. “The properties have been placed under an interim forfeiture in line with a court injunction pending further investigation and trial,” he said.   00:00 00:00 Key members of the Jonathan administration have been arrested and charged with corruption by the government of President Mohammadu Buhari, who won the 2015 ele
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