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CBN: Naira to fall further in January

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021. The report, titled, ‘December 2020 Business Expectations Survey Report’ added that there might also be a steady rise in interest rate from December till the next six months. The naira witnessed a sharp fall in recent weeks, reaching its lowest on November 30, 2020, when it exchanged for N500/$1. Since then, the dollar has been hovering between N460 and N470. As of Friday, however, one dollar exchanged for 465 in the parallel market. Also, the Nigerian economy had on November 21 slid into its second recession in five years when the economy shrank again in the third quarter. Th...

Christmas celebrated under pandemic’s shadow

Hundreds of millions across the world celebrated pared-down Christmas festivities on Friday due to coronavirus restrictions, as Pope Francis called for vaccines for everyone, describing them as “glimmers of hope in this period of darkness and uncertainty”. The pandemic has claimed more than 1.7 million lives and is still running rampant in much of the world, but the recent launching of mass vaccine campaigns has boosted hopes that 2021 could bring a respite. Like so many across the globe, the pope was forced to break with normal Christmas tradition, holding his annual “Urbi et Orbi” speech by video from the apostolic palace, to prevent a crowd from gathering in St Peter’s Square. “I call on everyone, on leaders of states, on businesses, on international organisations, to promote cooperatio...

AFCON: Golden Eaglets fail MRI test three weeks to kick-off

In another embarrassing age-related moment for Nigerian football, 40 out of the 60 boys pencilled down as part of the Golden Eaglets contingent to prosecute the Under-17 African Cup of Nations (AFCON) qualifiers in Benin Republic failed the mandatory Magnetic Resonance Imaging (MRI) age test. Coming just three weeks to the qualifiers, this means the coaching crew will have to race against the clock to pick a squad qualified enough to represent the country at the West African Football Union (WAFU) Group B qualifiers billed to kick-off on Tuesday, January 5. Out of the 20 players who passed the tests, only five of them are part of the main squad and just two of the five are included in coach Fatai Amoo’s preferred starting lineup for the competition. Most of the players the coach banked on d...

Air passengers decry upsurge in fares, seek urgent attention to roads, railway

Nigerians, who travel by air, have decried the “sudden” upsurge in air fares and urged the Federal Government to intervene to avoid poor patronage that could dwindle the fortunes of the aviation industry. Newsmen report that the air fares shot up by about 100 per cent in the last one week, with some airline operators even raising their fares by as much as 120 per cent or more. At Nnamdi Azikiwe International Airport, Abuja, the fare from Abuja to Lagos, which was N35,300 (Economy Class), rose to between N70,000 and N75,000. Newsmen found that Business Class travellers were charged between N100,000 and N120,000, depending on the airline. Our correspondents, who visited other airports across the country, found that the rise in airfares was the same, a situation that forced some passengers to...

Mikel Arteta wants Arsenal transfer European form into Premier League

Mikel Arteta has demanded Arsenal transfer their Europa League form into the Premier League, where he says his side need to start winning matches “immediately”. Goals from Eddie Nketiah, Mohamed Elneny, Joe Willock and Folarin Balogun helped the Gunners ease past Irish side Dundalk 4-2 in Dublin on Thursday to finish top of Group B with a 100 per cent record – the first time they have won six successive European matches since 2005. That fine European form is in sharp contrast to their domestic struggles, where the club have lost six out of their last nine matches to slump to 15th in the table. With the Europa League now finished with until February, Arsenal can focus all their attention on domestic competition, with Arteta stressing the urgent need to pick up positive results, starting wit...

Jurgen Klopp: I thought VAR was a good idea, but now I’m not so sure

Jurgen Klopp admits he may have changed his mind about the need for VAR in football, after another incident-filled match for his Liverpool side in the Champions League. The Reds’ 1-1 draw with Danish champions FC Midtjylland on Wednesday saw a number of interventions from the video assistant referee. First Midtjylland were awarded a penalty for a foul by Liverpool goalkeeper Caoimhin Kelleher on Anders Dreyer. The forward had initially been flagged offside by the assistant referee but replays showed, eventually at least, that he had been onside, though there was a lengthy delay as the referee headed to the pitchside monitor to rule on Kelleher’s subsequent challenge. Andreas Scholz converted from the spot to equalise for the home side after Mohamed Salah had opened the scoring. There was m...

Neymar: No place for racism

Paris Saint-Germain and Istanbul Basaksehir played their Champions League match to a conclusion on Wednesday, 24 hours after it had been suspended, with Neymar scoring a hat-trick before saying both teams had felt compelled to make a stand against racism in what was an unprecedented protest over an alleged comment by an official. PSG won the game 5-1 after it restarted where it had stopped the previous day, in the 14th minute, following a touchline argument over accusations the Romanian fourth official, Sebastian Coltescu, had described Basaksehir’s Cameroonian assistant coach Pierre Webo as “black”, or “negru” in Romanian. “Sometimes in extreme circumstances these things need to be done to see if the world can change a little,” said Neymar, who together with other players and the new team...

NCC to ensure enforcement of copyright laws from 2021 – chief

File Photo The Director General, Nigeria Copyright Commission (NCC), Mr John Asien, says the commission would focus more on the enforcement of copyright laws as from 2021. Asien told newsmen on the sidelines of the just concluded 39th International Convention of the Association of Nigerian Authors (ANA) in Ilorin, that it would no longer be business as usual for pirates, as different strategies would be used, both online and in physical space, to ensure that pirates stopped selling pirated books. ”For us at the commission, we are more than committed, by next year we will be focusing more on enforcement and we are going to do that in all nooks and cranny of Nigeria. ”We are going to use different strategies and working on different platforms, both online and the physical space. This is beca...

Pepsi & Fat Joe Launch “Your Wildest Dreams” Virtual Hip-Hop Talent Competition

Source: Johnny Nunez / Getty Fat Joe is about to remind the world that he knows a thing or two about spotting talent. The Bronx representing rapper will be helping find Rap’s next household name. Source: Pepsi / Triller / Pepsi / Triller Today (December, 2), Pepsi and Grammy-Nominated Artist Fat Joe announce the Pepsi Wild Cherry “Your Wildest Dreams” virtual Hip-Hop talent competition available exclusively on Triller. Featuring an all-star panel of leading talent and industry insiders including Fat Joe, Mike WiLL Made-It, rapper Mulatto, producer Quay Global and on-air personality Kenny Burns, “Your Wildest Dreams” will discover the next big hip hop artist as well as inspire and entertain music fans everywhere with exclusive performances and content featuring some of the top emerging...

Andre-Villas Boas: Marcelo Bielsa’s nomination for The Best FIFA Coach award ‘scandalous’

Marseille boss Andre-Villas Boas has taken a swipe at Leeds manager Marcelo Bielsa’s nomination for The Best FIFA Coach Award. The Argentine has joined a five-match shortlist that also includes Real Madrid boss Zinedine Zidane, Liverpool manager Jurgen Klopp, Sevilla’s Julen Lopetegui and Bayern Munich’s Champions League-winning coach Hansi Flick. Bielsa was at the helm as Leeds returned to the top flight of the English game for the first time in 2004, but Villas-Boas has suggested that these achievements pale into comparison with other coaches who have been overlooked. “Bielsa? Bielsa has to win a prestigious trophy,” he told the media on Friday. “But he’s not among the best five coaches in the world in 2020. It’s a scandal. He won the Championship!” Villas-Boas, who risks provoking the M...

Leeds boss kicks against fans returning to stadiums

Marcelo Bielsa has demanded Premier League chiefs block fans returning to grounds until all 20 top-flight clubs can reopen their turnstiles. Under the new Covid tier system, half of Premier League clubs will still not be allowed supporters from Wednesday, while the other ten can have 2,000. Leeds are in Tier 3 and must keep fans locked out – with boss Bielsa saying: “If fans are not allowed in all stadiums, then they should not be allowed until everyone can. “Clubs shouldn’t have to deal with the consequences of being in a category. It should be about trying to maintain the competition as equally as possible.” Arsenal will become the first Prem team to welcome fans back since March when they host Rapid Vienna in the Europa League on Thursday. While West Ham’s Prem clash with Manchester Uni...

Senator Adeyemi advocates N50 billion bailout fund for airline operators

Sen. Smart Adeyemi (APC Kogi), has called on the Federal Government to provide a bailout fund of N50 billion for airlines operators in the country. The post Senator Adeyemi advocates N50 billion bailout fund for airline operators appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.