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Nigeria
Driver stabs in-law for raping two-year-old daughter
Olaleye Aluko The Lagos State Police Command has arrested a commercial driver, Saheed Wahab, for allegedly stabbing his in-law, Yisa Aweda, in the Orile area of the state. Our correspondent gathered that Wahab stabbed 40-year-old Aweda because he reportedly caught him raping his (Wahab’s) two-year-old daughter. PUNCH Metro learnt that ...
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USA Nigeria
U.S to quit Pacific trade deal
President-elect Donald Trump said the United States will quit the Trans-Pacific Partnership trade deal on his first day in the White House. He made the announcement in a video message outlining what he intends to do first when he takes office in January. The TPP trade deal was signed by ...
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Egitto Nigeria
Egypt court quashes Morsi life sentence
Egypt’s highest appeal court has overturned a life sentence handed down to ousted President Mohammed Morsi. The Court of Cassation ordered that the 65-year-old be retried on the charge of conspiring to commit terrorist acts with foreign organisations, the BBC reports. Last week, the court quashed a death sentence handed ...
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Nigeria
Nigeria’s Economy Slips Further Into Recession
Nigeria’s economy further receded in the third quarter, with a 2.24 per cent contraction in Gross Domestic Product (GDP), while real GDP expanded for the second consecutive quarter, the National Bureau of Statistics (NBS) said yesterday. According to latest data, real GDP, unadjusted for seasonality increased by 8.99 percent quarter ...
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Nigeria
CBN Denies Plan To Freeze Dom Accounts
The Central Bank of Nigeria (CBN) has denied claims that it was planning to confiscate funds in domiciliary accounts of individuals, saying the claim was “false”. The CBN also said yesterday that it does not have any plan to amend the nation’s Foreign-Exchange Act to sanction anyone found hoarding foreign ...
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Algeria-UAE: Economic operators willing to engage in promising partnership projects
ALGERIA-Algerian and Emirati operators taking part in the 2nd Algeria-UAE investment Forum Monday in Algiers expressed their willingness to engage in bilateral partnership projects in promising sectors like agriculture and renewable energies. Speaking at a forum, representatives of economic operators of both countries unanimously highlighted multiple partnership opportunities between ...
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Thailandia
SET opens up 8.51 to 1,486.81
Thai stocks opened up 0.58% at the start of trade this morning.
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Thailandia
Help plea as zero-dollar crackdown hurts
Thai and Chinese business operators will ask the government to help the tourism business that has been hit by the recent crackdown on zero-dollar tours and the sharp drop in Chinese visitors.
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USA
Baht likely to weaken on Fed rate rise
The baht is likely to weaken alongside other Asian currencies in expectation of an early rate rise by the US Federal Reserve (Fed) and protectionist trade policies implemented by US President-elect Donald Trump, says an HSBC analyst.
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USA
Trump will withdraw from TPP 'on day one'
WASHINGTON - US President-elect Donald Trump said Monday he would move to pull out of the Trans-Pacific Partnership (TPP) trade deal Jan 20, the day he takes office.