Curator

via Blogger http://ift.tt/2rEdxmg

http://ift.tt/2sjk5EW US President Donald Trump announces his decision on the Paris Climate Accords in the Rose Garden of the White House in Washington, DC, on June 1, 2017. SAUL LOEB / AFP President Donald Trump on Thursday announced America’s withdrawal from the Paris climate deal, signaling a policy shift with wide-ranging repercussions for the climate and Washington’s ties with the world. In a highly anticipated statement from the White House Rose Garden, Trump said the United States would abandon the current deal — but was open to negotiating a new one. “As of today, the United States will cease all implementation of the non-binding Paris accord and the draconian financial and economic burdens the agreement imposes on our country,” Trump said. “We’re getting out but we’ll start to negotiate and we will see if we can make a deal that’s fair. And if we can, that’s great. And if we can’t, that’s fine.” Although details and the timeframe are still unclear, Trump argued th...

http://ift.tt/eA8V8J Justice Joyce Abdulmaleek of the Federal High Court, Ibadan, has adjourned ruling on the application asking her to disqualify herself from further trial of Mr Festus Adeyemi, an accused in the N8 billion CBN currency scam. Abdulmaleek on Tuesday adjourned proceedings to May 24 following the absence of the defence counsel, Mr Michael Lana, for no reason. Mr Adebisi Adeniyi, counsel to the Economic and Financial Crimes Commission (EFCC),   had earlier asked the court to take judicial note of the defence counsel, saying Lana was doing this for the third time. “My Lord, this case, which is slated for ruling, will not be taking place today as a result of the absence of Mr Lana without any notice. “This is not in the interest of justice because all other accused persons want speedy trial and the trial cannot continue without first determining this very ruling,” said Adeniyi. Recall that Lana had asked Abdulmaleek to disqualify herself from further adjudication ...

http://ift.tt/eA8V8J Lagos – The Naira on Monday appreciated against the dollar at the parallel market. The Nigerian currency gained three points to exchange at N388 to the dollar, stronger than N391 it traded on Friday, while the pound sterling and the Euro closed at N495 and N425. At the Bureau De Change (BDC) window, the Naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N495 and N423. Trading at the interbank market showed that the Naira closed at N305.7, while the pound sterling and the Euro closed at N453.18 and N386.28. Currency traders said the liquidity boost at the FOREX market had forced the naira to appreciate. The post Naira appreciates against dollar at parallel market appeared first on Vanguard News . Vía Vanguard News http://ift.tt/2pVfOZ9

http://ift.tt/eA8V8J The EY.com, a global leader in assurance, tax, transaction and advisory services, says Egypt, Kenya, Morocco, Nigeria and South Africa are the key hub economies in Africa. Its latest Africa Attractiveness report by Ms Fathima Naidoo, Africa Media Relations, said that the five countries collectively attracted 58 per cent of the continent’s total Foreign Direct Investment (FDI) projects in 2016. She said that the report heightened geopolitical uncertainty and multi-speed growth across Africa. Naidoo said that the report provided analysis of FDI into Africa over the past 10 years. “The 2016 data shows Africa attracted 676 FDI projects, a 12.3 per cent decline from the previous year, and FDI job creation numbers declined by 13.1 per cent. “However, capital investment rose by 31.9 per cent,’’ she said. Naidoo said the surge in capital investment was primarily driven by capital intensive projects in two sectors, namely hospitality and construction, and transport a...