World

Comedian Volodymyr Zelensky stepped into his new role as Ukrainian president

Comic Volodymyr Zelensky stepped into his new position as Ukrainian president together with his inauguration on Monday, launching a brand new period for the nation wracked by battle and financial difficulties. A month after scoring a landslide election victory towards incumbent Petro Poroshenko, the 41-year-old turned Ukraine’s youngest post-Soviet president. In a ceremony in parliament, he positioned his hand on a replica of the structure and the Bible and pledged to “shield the sovereignty and independence of Ukraine. He used his inaugural speech to announce that he’s dissolving parliament, after wrangling with lawmakers within the decrease home, with a view to name early parliamentary elections, which had initially been scheduled for October. “Folks should come t...

Why we wish to transform china town—Liu Chang’an

China City, a Chinese language dominated enterprise enviornment in Oworonsoki-Ojota space of Lagos is about to obtain a conspicuous facelift that might spur financial growth in Lagos State. The large buying centre will not be for under financial actions, it would additionally to facilitate a strong bilateral relationship between Nigerians and the Chinese language folks. Established in 2001 with the imaginative and prescient of facilitating international direct funding between China and Nigeria, China City is the business house of all the things Chinese language. It’s acknowledged by the native authorities as an unbiased commerce market. With 300 retailers and 200 house items, the market is patronized by Chinese language and Nigerians alike for China made merchandise. In China City, a...

Chinese producers seek participation in Nigeria’s economy system

Extra Chinese language producers collaborating within the ongoing China Homelife Truthful holding in Lagos stated they’re within the nation to hunt methods of investing within the Nigerian financial system. Over 200 of such producers are within the nation to take part on the truthful, the determine which was about 15 % enhance to the 140 that participated final 12 months. Nonetheless, members at this 12 months’s occasion have been suggested to leverage on the assembly to discover joint ventures that will assist native manufacturing somewhat than importation. The challenge coordinator of the Truthful and Chief Government Officer of ELAN Nigeria, Jude Chime, acknowledged that the truthful was organised to bridge the hole between Chinese language producers who’re looking for to in...

Ethiopia begins rationing electricity for homes, industries

Ethiopia has started to ration electricity for domestic and industrial customers after a drop in water levels in hydroelectric dams led to a production deficit. Ethiopia’s minister for water and electricity Seleshi Bekele said that the drop in water levels at the country’s Gibe 3 dam led to a deficit of 476 megawatts (MW), more than a third of the country’s electricity generation of 1,400 MW. Ethiopia also suspended electricity exports to neighbouring Djibouti and Sudan, which earns the country 18 million dollars a year, the minister said. Under the rationing programme, which runs until July, domestic consumers will face blackouts for several hours each day, while cement and steel firms will have to operate fewer shifts due to the cuts, Seleshi said. Ethiopia’s 4 billion dollars dam projec...

Trump warns airlines flying in Persian Gulf

U.S. diplomats warned Saturday that business airliners flying over the broader Persian Gulf confronted a threat of being “misidentified” amid heightened tensions between the U.S. and Iran. The warning relayed by U.S. diplomatic posts from the Federal Aviation Administration underlined the dangers the present tensions pose to a area essential to world air journey. It additionally got here as Lloyd’s of London warned of accelerating dangers to maritime transport within the area. Considerations a few attainable battle have flared for the reason that White Home ordered warships and bombers to the area to counter an alleged, unexplained risk from Iran that has seen America order nonessential diplomatic employees out of Iraq. President Donald Trump since has sought to melt his tone. In the meant...

Trans border crimes becoming a serious issue, Buhari spur ECOWAS

President Muhammadu Buhari has urged police and safety chiefs from the Financial Neighborhood of West Africa States (ECOWAS) to share intelligence to curtail the violent crimes that’s ravaging the area. He stated terrorists actions affecting Nigeria and the Lake Chad basin international locations and Cameroun in Central Africa had created new humanitarian issues and critical safety risk within the area. The president made this identified on the closing ceremony of the 16 Annual Basic Assembly of West African Police Chiefs Committee (WAPCCO) and assembly of the discussion board of ministers in-charge of safety in Abuja. Represented by the Minister of Inside, Lieutenant-Basic Abdulrahman Dambazau, Buhari famous that insecurity posed by corruption, terrorism, communal clashes, kidnap fo...

Biafra Day: 88 countries, territories to partake in rallies

The Indigenous People of Biafra (IPOB) has said all its family units outside Biafraland in over 88 countries and territories around the world would partake in street demonstrations, rallies, lectures and prayers to remember its fallen heroes and heroines on May 30. The group said while there would be total lockdown where there would be no school, market, vehicular and human movements in all the Biafraland, including the Middle Belt, Southern Kaduna and some South West states, other Biafrans outside the country would organize rallies and demonstrations. The IPOB Media and Publicity Secretary, Emma Powerful, in a statement, said the event would be used to prove to the world they were ready for the up coming referendum for Biafra sovereignty. “We commend IPOB families in the UK, Europe, Asia,...

450m individuals sufferd psychological sickness worldwide –Knowledgeable

Present analysis carried out by medical specialists has proven that 450 million individuals at present endure from psychological sickness worldwide. Giving particulars of the analysis throughout a lecture delivered on the Adeyemi School of Schooling, Ondo, Dr. Fortunate Onofa, mentioned one in each 4 individuals has psychological sickness globally. He mentioned whereas over 300 million individuals endure melancholy and over 110 million battle with alcohol and drug abuse, about 20 % of Nigerians endure from psychological issues. The don mentioned psychological sickness may very well be noticed when an individual begins exhibiting sure behaviour, which later culminates in abnormalities, thereby affecting his or her ideas, reasoning, feelings, behaviour and cognition. Onofa, who’s the t...

UK SUPREME COURT GRANTS REPRIEVE TO NNPC OVER $100MILLION BANK GUARANTEE

The Supreme Court of the United Kingdom in a unanimous judgement has granted reprieve to Nigerian National Petroleum Corporation, Nnpc, over a $100million Bank guarantee in a case involving the corporation and a Service company, IPCO (nigeria) Limited. The reprieve was the latest in the protracted dispute arising from the contract between NNPC and IPCO for the construction of the Bonny Export Terminal (BET) project in Port Harcourt, Nigeria. IPCO had referred it’s claims to arbitration in Nigeria and obtained Arbiral Award of US$154million in 2004, with annual interest running at 14%, leaving NNPC with no option than to promptly challenge the award at the Federal High Court in Lagos. NNPC Group Managing Director, Dr Maikanti Baru, said be was delighted at the new development, commend...

NNPC reiterates commitment to end Fuel importation by 2019

The 2019 target set by the Nigerian National Petroleum Corporation to exit importation of premium Motor Spirit (pms) is still achievable, Group Managing Director, Dr. Maikanti kachalla Baru, has said. Dr. Baru made this known while fielding questions from journalists on the sidelines of the just concluded offshore Technology Conference (OTC) in Houston, United States of America. The GMD, who was represented by the Chief Engr. Saidu Mohammed, told journalists that as at today, all the nation’s three refineries were producing petroleum product. “we load out at least 5 to 6 million litres of PMS daily and about that same three refineries. That is part of what is making the PMS market believe that the set target of exiting PMS importation in 2019 is achievable ” he stated. He...

Marry 5 wives and be jailed-Swaziland king

The King of Swaziland, King Mswati III has made a declaration within the nation that from June 2019, males will probably be required to marry at the very least 5 wives or go to jail. A press release by the King known as for all males within the nation to marry at the very least 5 wives, assuring the lads that authorities would pay for the wedding ceremonies and purchase homes for them. “Right here’s the deal, marry at the very least 5 wives and also you’re assured that the federal government pays for the wedding ceremonies and purchase homes for them.” King Mswati warned that any man or lady who opposes the choice “will face a life sentence”. The order, based on IHarare, is to make sure each lady will get a husband as it’s believed that males taking extra wives will assist girls get ...

No rush in China USA trade deals—Trump

President Donald Trump mentioned Friday he was in no hurry to achieve a take care of Beijing as high-stakes commerce talks resumed, arguing the US was negotiating from a place of energy. Simply hours earlier, the USA had elevated punitive duties on $200 billion in Chinese language imports from 10 to 25 p.c, which Beijing mentioned it “deeply regrets,” vowing to take the “vital countermeasures.” Chinese language Vice Premier Liu He waved to the assembled information media on Friday morning as he climbed the steps at US Commerce Consultant Robert Lighthizer’s workplace to return to the bargaining desk. However the sudden flare-up in hostilities has dimmed market hopes of a fast decision. Below stress all week, Wall Avenue continued to slip on Friday morning. ...

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