A tale of two Chinas: Porsche owner abandons his luxury car in Beijing floods while the driver of a budget three-wheel delivery van refuses to leave his vehicle

Northern China has been hit by some of the worst flooding in years and 75 people are missing or dead Heavy rains have caused chaos across usually dry regions of the country including the capital, Beijing Officials have released warnings as rains continue and floodwaters continue to rise in the

The nation's economy had entered into a deep crisis and inflation would further skyrocket. - CBN

The Governor of the Central Bank of Nigeria (CBN ), Mr. Godwin Emefiele, yesterday told the Senate that the nation's economy had entered into a deep crisis, as it remained recessive in the first and second quarters of the 2016 fiscal year.

Mr. Godwin Emefiele,

Emefiele, who met with the apex legislative chamber in a closed- door session for two hours, also said that Nigerians would have to pay more sacrifices because inflation would further skyrocket.