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At least 40 dead, 110 wounded in Kabul car bomb blast

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A bomb hidden in an ambulance killed and wounded scores of people at a police checkpoint in the Afghan capital Kabul on Saturday, in an area near foreign embassies and government buildings, officials said.

A spokesman from the public health ministry said at least 40 people had been killed and at least 110 wounded in the blast, which came a week after a deadly attack on the Intercontinental Hotel in the city. He said the total was likely to increase as casualties were still being brought in.

“It is a massacre,” said Dejan Panic coordinator in Afghanistan for the Italian aid group Emergency, which runs a nearby trauma hospital. In a message on Twitter, the group said more than 50 wounded had been brought in to that hospital alone.

Mirwais Yasini, a member of parliament who was nearby when the explosion occurred, said the ambulance approached the checkpoint, close to an office of the High Peace Council and several foreign embassies, and blew up.

He said a number of people were lying on the ground.

A plume of grey smoke rose from the blast area in the city center and buildings hundreds of meters away were shaken by the force of the explosion.

There was no immediate claim of responsibility but the blast came after heightened security alerts following the Intercontinental Hotel attack. That attack, in which more than 20 people were killed, was claimed by the Taliban.

Business

Nigeria: CBN monetary policy rate remains at 14%.

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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14 per cent.

The CBN Governor, Mr Godwin Emefiele, announced the decision of the committee at the end of a two-day meeting held at the apex bank’s headquarters in Abuja.



He explained that all the eleven members of the committee that attended the meeting agreed to maintain the current monetary policy stance.

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He said apart from the MPR which was retained at 14 per cent, the committee also retained the Cash Reserves Ratio at 22.5 per cent.

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Also retained are the Liquidity Ratio which was left at 30 per cent; and the Asymmetric Window which was left at +200 and -500 basis points around the MPR.

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Motherland News

Nigeria: Council of State reaches final pegs new minimum wage at 27,000

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The National Council of State presided over by President Muhammadu Buhari has approved the sum of N27,000 as the new minimum wage.



The national council approved the sum during an ongoing meeting at the Presidential Villa in Abuja.

The meeting had in attendance former presidents like Olusegun Obasanjo, Goodluck Jonathan and the Senate President, Bukola Saraki, among others.

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