Financial experts and analysts have told the Central Bank of Nigeria Monetary Policy Committee to pause interest rate hikes ahead of its Monday to Tuesday 297th meeting. Prof Uche Uwaleke, Director at the Institute of Capital Market Studies, Nasarawa State University, Keffi and Prof Anthony Kila, a political economist, disclosed this in a separate interview with NAN on Saturday. Uwaleke said that given the country’s inflation which had moderated for two consecutive months to 32.15 percent, the MPC took a complete break from the interest rate hike which stood at 26.75 percent. According to him, a rate hike is negatively…
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Pep Guardiola has claimed that “everyone wants Manchester City to disappear off the earth”, as they continue their legal battle against the 115 charges from the Premier League. The hearing before an independent commission began last Monday in London and City strongly denied any wrongdoing. City host Arsenal in a league clash on Sunday evening. But rather than answer if he had ever set up a team for a goalless draw, Guardiola instead spoke about the legal case. “I am sorry to say I always want to defend my club – especially in these modern days,” Guardiola said. “It’s like…
On Thursday, September 19, the Federal Government raised an alarm over the rising cases of suicide in Nigeria, which it revealed stood at 12.9 percent. This figure, the government noted, was frightening, even as it disclosed that cases of suicide were under-reported in Nigeria. The concern was raised by the Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, at an event to mark the 2024 World Suicide Prevention Day on Thursday. Themed ‘Changing the Narrative on Suicide,’ the Minister, represented by the Permanent Secretary, Federal Ministry of Health and Social Welfare, Daju Kachollom, said: “Today, we are…
The Premier League has revealed that the Video Assistant Referee, VAR, agreed with referee David Coote’s decision not to send Manchester United’s Lisandro Martinez off for his two-footed challenge on Daichi Kamada. The incident took place in the 63rd minute of a 0-0 draw between United and Crystal Palace on Saturday. Martinez jumped and planted both feet just centimetres from where Kamada was controlling the ball. Although the United defender won the ball and didn’t touch Kamada, Palace players were angry by the decision to only show Martinez a yellow card. The Premier League’s Match Centre account has since posted…
The Peoples Democratic Party, PDP, has alleged that the All Progressives Congress, APC, is planning to use its armed thugs to violently attack the collation center for the ongoing governorship election in Edo State to manipulate results. A statement on Saturday night by the National Publicity Secretary of the party, Hon. Debo Ologunagba claimed that the APC is mounting pressure on the Independent National Electoral Commission, INEC, and the Edo State Resident Electoral Commissioner (REC) to suspend the collation process. According to PDP, the move was to “make way for the manipulation of the INEC Portal and replace the real…
Daniel Dubois defeated Anthony Joshua by fifth-round knockout on Saturday to retain his IBF heavyweight title. Dubois produced a stunning performance in front of a sellout crowd of 96,000 at Wembley Stadium in London. The 27-year-old knocked down Joshua four times and finished him off in the fifth round with a right to the chin. This latest defeat represents a huge setback for Joshua, who was in position to secure a likely fight against the winner of the December 21 bout between Oleksandr Usyk and Tyson Fury. Dubois will get that shot after improving to 21-3. BREAKING: Daniel Dubois defeats…
There was no election in Offa Local Government Area of Kwara State on Saturday, due to logistics failure, according to Salahudeen Lukman, the chairmanship candidate of the Peoples Democratic Party, PDP, for the the election. Reacting to the council polls held in the 16 local government areas of the state on Saturday, the PDP candidate declared: “No election took place, today, Saturday, September 21st, 2024, in Offa LG due to severe logistical failures and irregularities. “Despite the election being scheduled to commence at 8 am, as at 1 pm, voting materials had yet to arrive at 95% of the polling…
African philanthropist Tony Elumelu will make Africa’s transformative economic growth, youth employment, and energy transition central to the discussions at this year’s United Nations General Assembly (UNGA), taking place late September in New York. He will call for urgent action during engagements, including a roundtable discussion at the Clinton Global Initiative with former US President, Bill Clinton, and an event co-hosted by the World Food Programme (WFP) and the Tony Elumelu Foundation (TEF), led by WFP Executive Director, Cindy McCain. Elumelu will bring his perspective both from extensive experience in building industry-leading businesses across the continent, and the success of…
Manchester United manager Erik ten Hag has hit out at Sky Sports pundit Jamie Redknapp for suggesting that Marcus Rashford was dropped for their Premier League game at Crystal Palace for “something untoward” behind the scenes. United played out a 0-0 draw at Selhurst Park, with goalkeepers Andre Onana and Dean Henderson producing excellent saves. Rashford, who was named Player of the Match after United’s 7-0 win over Barnsley in the Carabao Cup earlier this week, was named as a substitute for the match. Ten Hag opted to start with Alejandro Garnacho on the left-hand side of attack. Before kick-off,…
Cyriel Dessers struck twice as Rangers beat Dundee 3-0 in the quarterfinal of the Scottish Cup. Dessers gave Philippe Clement’s side the lead after 18 minutes. Rangers skipper James Tavernier doubled the lead from the penalty spot five minutes into the second half. Dessers volleyed home his second goal of the game in the 66th minute. The 29-year-old was later replaced by Hamza Igamane. The Nigerian has now scored seven goals in nine appearances for Rangers this season. Scottish Cup: Dessers double helps Rangers into semifinals