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...
Within the past years, there has been a throng of Nigerians travelling outside to obtain tertiary education. Either first degrees or post-graduate qualifications, with the latter taking the highest number. So why do most Nigerians desire to study abroad? Some say it is due to the deplorable state of our educational system. To others, a change of environment and pursuit of a global career necessitate it. Yet for another group of people, it is to further their educational pursuit in an environment that has the best of facilities and conduciveness. Popular countries include the UK (A 2015 report showed Nigeria was the 6th highest contributor of foreign students studying in the UK), US (popular for graduates taking standardised tests such as the GRE and GMAT), Canada (similar to the US) and Germany (the free tuition). Others include Australia, Belgium, The Netherlands, Malaysia, Russia and mostly Eastern European countries. However, and unfortunately, majority of Nigerians who go to ob...