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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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Nigeria ends 2017 with 101,695 domain names.


Smartphone with internet. PHOTO: AFP/JUSTIN SULLIVAN
The Nigeria Internet Registration Association (NIRA) said on Friday that 101,695 domain names existed in the country’s domain registry as at 2017, up from 76,907 names recorded in 2016.
The President of NIRA, Mr Sunday Folayan, made this known in a statement made available to the News Agency of Nigeria (NAN) in Lagos on Friday.
Folayan said that in December 2017, 5,547 domain names were recorded, showing a decrease of 753, as against 6,300 domain names recorded in November.
According to him, of the 5,547 domain names in December, 3,560 were new registration, 1,917 were domain name renewal, while 70 were transfer of domain names.
He said that of the 6,300 domain names recorded in November, 3,974 were fresh registration, 2,280 were for renewal and 46 were for transfer.
“We noted a slowdown in fresh registrations and renewal of .ng domain names from November to December 2017.
“The general slowdown could be attributed to many reasons, including consumer spending slowdown and focusing on essentials.
 
“The total number of active .ng domain names in December 2016 was 76,907 while by December 2017, the number of active domain names had grown to 101,695,’’ Folayan said.
He said there was the need for Nigerians to adopt the Nigeria’s country code Top Level Domain (ccTLD), which is the ”dotng (.ng)”.
The NIRA president said that .ng was the official ccTLD approved for Nigeria by the Internet Corporation for Assigned Names and Numbers (ICANN) for the Internet and was like Nigeria’s currency, the Naira.
He said that the availability of names was better on the .ng ccTLD than on the generic Top Level Domain (gTLD) like .com, .org.
Folayan said that hosting businesses on the .ng would help to support the Nigerian economy and provide jobs for local Information Technology professionals.

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