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Lucas Vázquez rejects first offer from Real Madrid
Real Madrid have got down to work with the renewal of Lucas Vázquez and for now, there’s no agreement. ‘Marca’ published that the winger has rejected the first offer from the club. A few months ago it was clear that Lucas Vázquez’s cycle at Real Madrid had ended, but the winger has surprised both as a full-back and in his natural position. He is another totally different player and this has led to the renewal. Lucas’ contract ends on 30th June and at the start of the season, there were doubts about his continuity. Only the insistence of Zinedine Zidane, who always trusted him, kept his options open. But in the end, he has ended up winning him over on the park. For that reason, with the arrival of the new year, Real Madrid have got down to work with the extension of his contract. The Madrid...
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...
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...
Andy Murray receives Australian Open wild card
Former world number one Andy Murray has been handed a wild card for February’s delayed Australian Open, pushed back three weeks as a result of the coronavirus pandemic. Murray, 33, is a five-time runner-up in Melbourne but feared his last match at the tournament in 2019 would mark the end of his career due to chronic hip pain. The injury pushed him to the brink of retirement but the three-time Grand Slam champion is battling to extend his career having undergone two hip surgeries. The Scot’s ranking of 122 is too low to qualify directly for the Australian Open main draw, which starts on February 8, and he has also accepted a wild card to the Delray Beach event early next month. Murray played just seven tour-level matches this year as he returned to action in August following a lingering pe...
Senator Sani visits survivors of 2012 Kaduna church bombing
CNN Ex-Senator from Kaduna Central, Shehu Sani, on Saturday visited survivors of a 2012 Boko Haram bomb blast at St Monica Catholic Church, in Malali, Kaduna. In 2012, about eight worshippers had died at the explosion, with several others sustaining injuries. Those who survived the attack lamented that they have since been abandoned to cater for themselves. The survivors used the former lawmaker’s visit to call on the government and citizens for aid to be able to get back their life. A survivor, Polycarp Lawrence, who lost an eye in the attack, said that he has been paying for his medical bills with the little support from the church, which has not been enough. ‘Since the bomb blast of 2012, I have not found my rhythm back in life. Life has been so difficult for me and my family. There has...
Ever-present Boko Haram threat casts shadow in Niger
Seven years after the first Boko Haram attacks in southeastern Niger, people in the city of Diffa, dare not even speak the group’s name. Residents live in a state of siege, frightened and struggling with the economic impact of the Islamist threat. For fear of reprisals, people speak of “insecurity”, of the “problems” or the “current situation”. The fear is well-founded, according to one security source who says Boko Haram sympathisers in the city pass on information to the group. Among the poorest countries in the world, Niger, which is holding presidential elections on Sunday, faces jihadist groups from the Sahel in the west and Boko Haram in the east. “I don’t have 1,000 CFA francs (1.5 euros) in my pocket. I have been unemployed for four years,” says Abdou Maman, 46, who has two wives a...
India arrests 75 in Kashmir after local elections
The Indian government has arrested at least 75 Kashmiri political leaders and activists to forestall political unrest after an alliance of Kashmir’s regional political parties won local elections, leaders and a police official said on Saturday. The District Development Council elections, concluded early this week, were the first local polls since Prime Minister Narendra Modi’s government revoked the special status of the Muslim-majority region last year. New Delhi then cracked down on the opposition and rounded up hundreds of people to preempt protests and violence. The latest detentions, which include separatist leaders and members of the banned Jamat-e-Islami group, were for preventive custody, said a senior police official, who asked not to be identified. But Imran Nabi Dar, spokesman f...
Coronavirus: Nigerian government rolls out measures for UK, South African returnees
The Federal Government has rolled out new containment measures against the importation of COVID-19 particularly from the United Kingdom and South Africa, saying returnees from both countries are required to present two documents before boarding. National Coordinator of the Presidential Taskforce PTF on COVID-19, Dr Sani Aliyu, disclosed this during Thursday’s briefing of the Taskforce. He said; “In particular, international travellers must register with the Nigeria international travel portal. “We are concerned a out the emergence of the new variant of COVID-19 in the UK and an additional mutant in South Africa. Our protocol to ensure the safety of our citizens and prevent the importation of cases into the country is one of the most strict. “Specifically, for the UK and South Africa, the P...
Official: One million Americans vaccinated against coronavirus
More than a million people have received their first dose of a Covid-19 vaccine in the United States, Centers for Disease Control and Prevention (CDC) director Robert Redfield said Wednesday. “The United States achieved an early but important milestone today — jurisdictions have now reported that more than one million people have received their first dose of Covid-19 vaccine since administration began 10 days ago,” said Redfield. In a call with reporters, Moncef Slaoui, chief advisor of the government’s Operation Warp Speed, said that the objective of immunizing 20 million people this month was “unlikely to be met.” But he said the US was still aiming for 100 million people immunized by the end of the first quarter of 2021, and another 100 million by the second quarter. Three million doses...
Qatar to host FIFA Club World Cup 2020 across three venues
Qatar will host the FIFA Club World Cup 2020 from February 1 to 11, 2021, after it was postponed earlier this year due to the COVID-19 pandemic. Six continental confederations, as well as the host nation’s league champions, will compete in the tournament, which will be held across three FIFA World Cup Qatar 2022 stadiums — Ahmad Bin Ali, Khalifa International and Education City. The Ahmad Bin Ali Stadium, inaugurated just last week on December 18, will stage the opening match between Qatari champions Al Duhail and Auckland City of New Zealand on February 1, and the final will be played at Education City Stadium on February 11. Joining the two teams will be European champions and German side FC Bayern Munich, CONCACAF champions Tigres UANL from Mexico, Al Ahly SC, Egyptian side and winners ...
Coronavirus: President Buhari extends tenure, mandate of PTF
President Muhammadu Buhari has extended the mandate of the Presidential Task Force (PTF) on COVID-19 “for a further period till the end of March, 2021 bearing in mind the new surge in the number of cases and the bid for vaccines.” The president disclosed this Tuesday in Abuja while receiving the End-of-Year Report of the task force. He said: “Recent reports reaching me indicate that Nigeria is now facing a rise in confirmed COVID-19 cases nationwide which is similar to the second wave of infections occurring in other countries across the world. “New epicentres have been identified and the nation cannot afford to lose the gains of the last nine months. ”I have critically evaluated the situation and remain convinced that urgent measures have to be taken to halt the spread and the attendant f...
National Assembly raises 2021 budget by N580 billion, approves N13.588 trillion
The two chambers of the National Assembly yesterday passed the 2021 Appropriation Bill, increasing the budget size from N13.08 trillion presented to them by President Muhamnadu Buhari 11 weeks ago to N13.588 trillion. The passage of the 2021 budget followed consideration and adoption of harmonised reports separately submitted to them by their Committees on Appropriation. The two chambers increased the 2021 budget by about N580 billion and pegged daily crude oil production at 1.86 million barrels per day, while oil benchmark price was fixed at $40 per barrel. They approved N379 to dollar as the official exchange rate while GDP growth rate was pegged at 3 per cent. Highlights of the report approved by the Senate showed aggregate expenditure to be N13,588,027,886,175, statutory transfer of N4...
