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Showing posts from December 28, 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

Around 40 killed in Kabul blasts targeting Shiite centre.

Liberia awaits result of watershed presidential election 2 hours ago Afghan security personnel stand guard after explosions at a Shiite cultural centre in Kabul on December 28, 2017.<br />Around 40 people were killed and dozens more wounded when a suicide bomber blew himself up inside a Shiite cultural centre in Kabul on December 28, officials said, in the latest violence to hit the city. / AFP PHOTO / SHAH MARAI Around 40 people were killed and dozens more wounded when a suicide bomber blew himself up inside a Shiite cultural centre in Kabul on Thursday, officials said, in the latest violence to hit the city. There was no immediate claim of responsibility but the Taliban was quick to deny involvement in the assault near the Afghan Voice Agency, a media outlet which earlier reports had suggested could have been the target. Deputy interior ministry spokesman Nasrat Rahimi told AFP the attack was in fact aimed at the Shiite Tabayan cultural centre in the

Russia’s Putin calls Saint Petersburg blast ‘act of terror’.

Liberia awaits result of watershed presidential election 2 hours ago Zimbabwe ex-army chief who helped oust Mugabe sworn in as VP 3 hours ago Around 40 killed in Kabul blasts targeting Shiite centre 4 hours ago Firefighters and police officers work at the site of a blast in a supermarket in Saint Petersburg on December 27, 2017. / AFP PHOTO / Olga MALTSEVA Russian President Vladimir Putin on Thursday called an explosion that tore through a Saint Petersburg supermarket, wounding 13 people, “an act of terror.” “As you know, an act of terror took place in Saint Petersburg yesterday,” he said at a meeting of military officers in the Kremlin. The homemade bomb went off in a locker at the supermarket on Wednesday evening, officials said. Anna Mityanina, vice governor of Saint Petersburg, which is Russia’s second city, said on Twitter that of the 13 wounded eight remained in hospital care. Five people declined to be hospitalised, she adde

Yusuf Buhari Not Flown To Germany .

The Presidency has dismissed as `fake news’ an online story that the President’s son, Yusuf Buhari was flown out of the country early Thursday morning following his severe head injury in a bike accident. An online media outfit, TheCable, on Thursday reported that Buhari had been flown to Germany over head injury he sustained following a bike accident on Tuesday night. “As previously reported by TheCable, he is being flown to Germany for specialist care. “The family is said to have decided on Germany. “He was driven to the Nnamdi Azikiwe Airport, Abuja, in an ambulance with oxygen support. “An orthopedic consultant with specialisation in head injuries was also on the flight to monitor his progress,’’ TheCable reported However, Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity in a text message on Thursday in Abuja, said Buhari was still being treated at a private hospital in Abuja. It would be recalled that Shehu had on Wednesday in a statement conf

NITDA, Microsoft sign MoU to strengthen local ICT innovation, adoption.

The National Information Technology Development Agency (NITDA) and Microsoft Nigeria have signed a Memorandum of Understanding (MoU) to strengthen Information and Communications Technology (ICT) Innovation and adoption in the country. The partnership will see both NITDA and Microsoft collaborate in ICT development, particularly in the areas of cloud policies, data protection and privacy laws and data classification frameworks. NITDA mandate is to create a framework for the planning, research, development, standardization, application, coordination, monitoring, evaluation and regulation of Information Technology practices in Nigeria. The Nigerian Government priorities include anti-corruption drive, security; private sector led economic growth and job creation, youth training and skills development. Technology will be at the heart of driving and building a digital economy which will bring these priorities to fruition. Speaking on the collaboration, NITDA’s Director-Ge

Swansea hire Carvalhal as boss until end of season.

Premier League strugglers Swansea City appointed Carlos Carvalhal as their manager until the end of the season on Thursday. Carvalhal was sacked by second-tier Sheffield Wednesday on Christmas Eve, but Swansea surprisingly chose the Portuguese coach to replace Paul Clement, who lost his job on December 20 with the club languishing at the bottom of the Premier League. The Welsh club said Carvalhal’s contract included the option of an extension at the end of the season. “We felt we needed to get the managerial situation resolved as soon as possible and while the timing is not always perfect, we can look forward to the second half of the campaign with renewed optimism,” Swansea chairman Huw Jenkins said. To convince Swansea to keep him beyond this season, Carvalhal might have to save his new club from relegation. They sit five points from safety and bottom of the table with no wins in their last four matches after a 5-0 thrashing at Liverpool on Tuesday. Carvalhal

Musician in court over Christmas Day attack, theft.

A 30-year-old musician, Peter Chinedu, was on Thursday arraigned in an Ojo Magistrates’ Court for allegedly attacking a pedestrian and dispossessing him of his Samsung phone and money with a total value of N86, 000. Chinedu, whose address is unknown, is facing a two-count charge of conspiracy and theft. He, however, pleaded innocence of the offences. The Prosecutor, Inspector Uche Simeon, told the court that the accused committed the offences on December 25, at about 3:30 am. at First Gate, Festac Town, Lagos. He said that the accused and two others present at large attacked the complainant, Mr Chikezie Nwakwo, who was returning home from a party and dispossessed him of his phone and money. He said that the accused and his accomplices waylaid Nwankwo and collected his Samsung phone and money. “While Nwankwo was struggling with the accused, his other two accomplices fled with the phone and money. “But the complainant held on to one of his attackers and raised

Uganda name Frenchman Desabre as new coach.

Uganda appointed Frenchman Sebastian Desabre on Thursday as their new coach on a two-year deal to replace Milutin Sredojevic who resigned in July. The 41-year-old Desabre, who has been coaching Egyptian league club Ismailia, was one of four names on a shortlist released by the Uganda Football Federation (FUFA) early this month to take over the vacant post. The other candidates in the list formulated by a selection panel headed by Zambian football legend Kalusha Bwalya were Moses Basena, who has been serving as the team’s interim coach, Belgian Emilio Ferrera and Johnny McKinstry from Northern Ireland.   Desabre, who has vast knowledge in African club football, but has never coached a national team, is due to start his new role when he leads Uganda to the fifth African Nations Championships (CHAN) finals starting in Morocco on January 12. Uganda are drawn in Pool B alongside Zambia, Ivory Coast and Namibia.

United States to sell A29 Super Tucano aircraft to Nigeria.

The United States (U.S.) has accepted to sell one of its A29 Super Tucano aircraft to the Federal Government to boost the ongoing counterinsurgency operations in the North East. The U.S. Ambassador to Nigeria, Stuart Symington, presented the Letters of Offer and Acceptance (LOA) to the Chief of Air Staff, Air Marshal Sadique Abubakar on behalf of the Federal Government. A statement signed by NAF’s Spokesman, Air Vice Marshal Olatokunbo Adesanya in Abuja, yesterday said the LOA represents the official U.S. Government offer to sell U.S. defence articles and services to the Nigerian government. While presenting the LOA to Abubakar, at NAF Headquarters in Abuja, the U.S. Ambassador noted that peaceful existence in Nigeria was strategic to the security of the entire West African sub-region in particular and the entire world at large. Ambassador Symington expressed the commitment of the U.S. government to helping Nigeria completely defeat the Boko Haram terrorists and also e