Lows
Liverpool fans show full support for Jurgen Klopp
Liverpool fans have thrown their full support behind under-fire Reds boss Jurgen Klopp by hanging a heartfelt banner outside of Anfield The Reds slipped to their third consecutive Premier League defeat on Saturday as Leicester City fought from behind to claim a 3-1 victory at the King Power. And Liverpool have now fallen 13 points behind league leaders Manchester City, who still have a match in hand. Klopp, who has come under increasing pressure as Liverpool’s form has slipped, appeared on the verge of tears as he conceded that the title race is over for the Reds. The 53-year-old German has also dealt with heartbreak off the field after his mother, Elisabeth, passed away and he was unable to travel to Germany for the funeral. Liverpool fans have rallied around Klopp as a banner was spotted...
Naira weakens to lowest in three years
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
