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Plateau United coach seeks financial support to achieve Champions League Semi final target
Plateau United coach Abdu Maikaba has stated that they need the required support to meet the target of semi-finals of the 2020/2021 CAF Champions League. The former Akwa United coach admitted the 2017 NPFL champions will require even more backing and hard work to realize their last-four ambition in the competition – a feat which was last achieved by a Nigerian club – Sunshine Stars in 2012. “They (Plateau State Government) gave us enough support, but actually, we have to work very hard to achieve that target,” he said. “Getting to the semi-finals (of the CAF Champions League) is not an easy task, and we have to work very, very hard. We have to be given all the necessary support to get there. “In terms of personnel, like the replacement of players, I have to get the support to make the repl...
Stock market volatility hits Norway’s sovereign wealth fund
Norway’s Central Bank on Tuesday said its pension fund lost 188 billion kroner ( 21 billion dollars equivalent) in the first half of 2020 amid stock market volatility during the coronavirus pandemic. The bank said the return on the sovereign wealth fund fell by 3.4 per cent during the January-to-June period. The Deputy Chief Executive of Norges Bank Investment Management, Trond Grande, said there were major fluctuations in the equity market. “The year started with optimism, but the outlook of the equity market quickly turned when the coronavirus started to spread globally. “The sharp decline in global stock markets during the first quarter is, however, limited by a massive monetary and financial policy response. “Even though markets recovered well in the second quarter, we are still witnes...
