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Showing posts with the label 2017 at 10:27AM

Will Macron face French resistance with reform drive?

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http://ift.tt/2pJSj6W French President Emmanuel Macron / AFP PHOTO / POOL / YOAN VALAT He had just secured a great win, but on the night Emmanuel Macron captured the French presidency, several hundred far-left and anti-capitalist activists and anarchists took to the streets. Among the crowd of mostly young men on May 7 were 29-year-old Adrien and his friend Gregory. It hadn’t taken long to register their discontent: both were arrested around the time Macron was on stage in front of cheering supporters at his victory party at the Louvre museum. “We wanted to go to the Louvre to boo him, but when we saw it wasn’t possible we went to Menilmontant where we knew there was a demo planned,” Adrien, a member of the hackers’ collective Anonymous, told AFP, referring to an area in northeast Paris. Groups including anti-fascist Antifa and hooded anti-capitalist activists from the Black Bloc collective were behind the rally, which saw stones thrown at riot police and tear gas fired. Ar...

Fuel hike: Nigerians flay Senate’s recommendation

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http://ift.tt/2sAzuA3 The inference of the proposed fuel levy charge is that end-users, including motorists, would pay N5 tax on every litre of fuel bought at any fuel station. Some Nigerians in Abuja on Friday flayed the Senate recommendation for a N5 fuel levy on every litre of petroleum or diesel imported into the country. The respondents expressed their views in separate interviews with the News Agency of Nigeria (NAN) in Abuja. Speaking to the News Agency of Nigeria (NAN), Mr Adebayo Ojo, a resident noted that the present recession called for a reduction in petrol price and not an increment. Ojo, a commercial taxi driver, told NAN that: “Government cannot possibly be thinking about increasing the petrol price when they know the harsh economic situation in the country. “The government should rather think of reducing the price else they will be calling Nigerians fools for being patient all this the while. “We are not fools and government should not take us for granted,...

NSE All-Share Index inches 31,000 mark, amid massive gains

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http://ift.tt/2rvjaRG Nigeria Stock Exchange, Lagos Massive gains recorded by major equities on the Nigerian Stock Exchange (NSE) on Friday moved the All-Share Index to 31, 000 mark. The News Agency of Nigeria (NAN) reports that the market for the fourth consecutive days maintained a bullish trend with the index growing by 1,057.49 points or 3.49 per cent to close at 31,371.63 as against 30,314.14 on Thursday. Similarly, the market capitalisation which opened at N10.479 trillion rose by N366 billion or 3.49 per cent to close at N10.845 trillion.NAN also reports that the price rally moved the market indices to 21-month high. Nestle Nigeria recorded the highest price gain, leading the gainers’ chart with N43.75 to close at N918.76 per share.Dangote Cement trailed with N9.18 to close at N192.93 and Conoil improved by N3.45 to close at N37.35 per share. CAP rose by N3.28 to close at N35.33, while Nigerian Breweries inched N3.15 to close at N 160.05 per share. Conversely, Mobi...

Madrid winner Nadal moves to 4th in rankings

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http://ift.tt/2qIaud5 Spanish tennis player Rafael Nadal poses with his trophy as he celebrates his victory over Austrian tennis player Dominic Thiem at the end of their ATP Madrid Open final match in Madrid, on May 14, 2017. Nadal won 7-6 and 6-4. / AFP PHOTO / OSCAR DEL POZO Rafael Nadal’s climb one place to fourth in the world on the strength of his Madrid Masters win was confirmed in the latest ATP rankings released Monday. The Spaniard continued his flawless record on clay this season by beating Dominic Thiem to win the Madrid tournament for a fifth time 7-6 (10/8), 6-4 on Sunday. The Spaniard is now 15-0 on his favoured surface this year having also picked up his 10th titles in Monte Carlo and Barcelona in recent weeks. Thiem’s reward for making the final was a two-place move to seventh. Nadal was last ranked fourth in October last year. The highest mover of the week was Borna Coric, who jumped 18 places to 41st after his quarter-final appearance in the Spanish capi...

Kenya bus accident kills 19

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http://ift.tt/2r3AorG Kenyan police estimate around 3,000 people die each year on the country's roads while the World Health Organisation puts the figure at four times that amount, at around 12,000 deaths. At least 19 people were killed in a crash between a bus and two trucks early Saturday in Kenya, police said.The accident comes just weeks after another collision killed dozens in Kenya, which has notoriously dangerous roads. “We had a bad accident this morning where we lost 18 people on the spot,” police commander Hassan Barua told journalists at the scene. Another passenger died in hospital. Police said the bus hit two trucks while trying to overtake in the village of Gilgil, around 120 kilometres (around 75 miles) northwest of Nairobi. Several other people are still in hospital, including the drivers of the trucks involved in the accident, police said. Kenyan police estimate around 3,000 people die each year on the country’s roads while the World Health Organisation pu...