Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021. The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months. The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...
Ghana’s main opposition National Democratic Congress (NDC), which has been crying foul about the results of the 7 December presidential and parliamentary elections, says it is ready to contest the outcome in court. A member of the party’s legal team, Rockson Nelson Dafeamekpor, said on Saturday that the election petition against the results declared by the Electoral Commission (EC) will be filed by Wednesday. “We’ll go to court. We’ve made that clear… Certainly, by Wednesday, all these matters would be placed before the court,” Dafeamekpor was quoted by the local media as saying. Under the electoral laws, the aggrieved party has 21 days to file its petition at the court. This will be the second time in the Fourth Republic, which started in 1992, that the outcome of a presidential election ...
France to tighten legislation on incest – president
France will tighten its laws on incest, President Emmanuel Macron said in a series of tweets on Saturday, after publication of a book accusing a top French political commentator of abusing his stepson sparked outrage across the country. Macron said on his Twitter account that France needs to adapt its laws to better protect children from sexual violence and he had asked the justice minister to chair a consultation aimed at quickly making legislative proposals. “We will go after the aggressors,” Macron said. Macron said France had already increased the statute of limitations on incest to 30 years, counted from the legal age of majority of the victim, and had tightened controls on people working with children, but he said much more needed to be done. He said that as part of current routine m...