Christmas Holiday
Napoli star Victor Osimhen recovers from coronavirus
Serie A club Napoli have announced Victor Osimhen has recovered from coronavirus. Osimhen, 22, is also expected to start individual training on Saturday following a shoulder injury according to Sky Sport Italia. The forward tested positive for COVID-19 upon his return from Christmas holiday. Napoli confirmed that the Nigeria international received a negative result from the last swab test. “Victor #Osimhen has recovered from #COVID19 💪, “reads a tweet on the club’s official Twitter handle on Friday. The former Lille of France striker dislocated his shoulder while on international duty with Nigeria in November 2020. Osimhen has not played for Napoli since he scored the winning goal against Bologna on November 8, 2020. He has scored twice in eight league appearances for the Partenope...
Nigerian government borrows over N2 trillion from bond investors in 2020
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its monthly bond issuance programme in 2020. This represents 33 percent, year-on-year, (y/y) increase when compared with the N1.58 trillion raised by the DMO in 2019. The N2.1 trillion raised in 2020 also represents 31 percent more than the N1.6 trillion funding target for the DMO under the Revised 2020 Budget. Meanwhile, the monthly bond auctions conducted by the DMO in 2020 recorded 275 percent oversubscription, reflecting scramble for the high yielding FGN bonds by investors. Newsmen report on monthly bond auction results show that the DMO offered N1.825 trillion wort...
Germany to close most shops from December 16-January 10 – draft proposal
Germany is planning to close most shops from Wednesday until Jan. 10 as it tightens coronavirus restrictions and tries to rein in the spread of the disease, according to a draft government proposal seen by Reuters on Sunday. The draft was prepared head of a meeting later in the day between Chancellor Angela Merkel and state leaders. She has favoured stricter pan-German measures but was previously unable to get agreement from the nation’s 16 states. However, some states have since clamped down on their own, and momentum supporting stricter harmonized measures has been building. The draft proposal would allow only essential shops such as supermarkets and pharmacies, as well as banks, to remain open. Schools will also be basically closed during the period, and employers will be asked to close...
