Situation
Frank Lampard under serious threat of being sacked as Chelsea boss
According to a damning on-the-whistle report from The Athletic, Frank Lampard’s job at Chelsea is under serious threat after the 3-1 defeat to Manchester City. The loss to Pep Guardiola’s side marked Chelsea’s fourth in their last six Premier League games, the Blues have won just once over this period – against West Ham – who they are now level on points with. It’s not just the results though, the Blues have lost to sides that are firmly contenders for European competition like Wolves and Everton – whilst they were stunned by rivals Arsenal on Boxing Day. The Athletic report that the west London outfit have now begun to ‘explore alternative plans’ in regards to the team’s future, with the consideration that Lampard will be sacked if this run continues. Chelsea now sit eighth in the Premier...
British Airways suffers multiple bird strikes at Lagos airport
A Boeing 777-300, registration G-STBE belonging to British Airways, performing flight BA-75 from Heathrow airport, London to Lagos, suffered multiple bird strikes on December 30, 2020. A bird strike is a collision between an airborne animal and a vehicle, usually an aircraft. The flight was on final approach to the Murtala Muhammed International Airport, Lagos’ runway 18R when the aircraft received a number of bird strikes in the flare causing a hydraulic leak. However, the aircraft touched down safely, rolled out and vacated the runway and was taxing towards the apron when the aircraft lost nose wheel steering, hydraulic C system indicated zero quantity and smoke was seen from the main landing gear. The crew stopped the aircraft on the taxiway. A ground observer reported that the crew dec...
British Airways suffers multiple bird strikes at Lagos airport
A Boeing 777-300, registration G-STBE belonging to British Airways, performing flight BA-75 from Heathrow airport, London to Lagos, suffered multiple bird strikes on December 30, 2020. A bird strike is a collision between an airborne animal and a vehicle, usually an aircraft. The flight was on final approach to the Murtala Muhammed International Airport, Lagos’ runway 18R when the aircraft received a number of bird strikes in the flare causing a hydraulic leak. However, the aircraft touched down safely, rolled out and vacated the runway and was taxing towards the apron when the aircraft lost nose wheel steering, hydraulic C system indicated zero quantity and smoke was seen from the main landing gear. The crew stopped the aircraft on the taxiway. A ground observer reported that the crew dec...
PDP: Nigerians fed up with President Buhari’s government
The Peoples Democratic Party (PDP), on Sunday, maintained that Nigerians have become fed up with the Muhammadu Buhari administration and are now rallying under the main opposition party. In a statement issued in Abuja by its national spokesman, Kola Ologbondiyan, the PDP described the recent attack on it by presidential spokesman, Garba Shehu, “as a feeble kick of a weak horse, in another failed attempt to beguile Nigerians.” Recall that the presidential spokesman had described the PDP as “a university of lies.” The PDP said it is not surprised that “the Buhari Presidency is rattled by the bitter truth that Nigerians are fed up with President Muhammadu Buhari as well as his All Progressives Congress (APC) and are rallying on our platform to rescue our nation from misrule.” The party noted:...
PDP: Nigerians fed up with President Buhari’s government
The Peoples Democratic Party (PDP), on Sunday, maintained that Nigerians have become fed up with the Muhammadu Buhari administration and are now rallying under the main opposition party. In a statement issued in Abuja by its national spokesman, Kola Ologbondiyan, the PDP described the recent attack on it by presidential spokesman, Garba Shehu, “as a feeble kick of a weak horse, in another failed attempt to beguile Nigerians.” Recall that the presidential spokesman had described the PDP as “a university of lies.” The PDP said it is not surprised that “the Buhari Presidency is rattled by the bitter truth that Nigerians are fed up with President Muhammadu Buhari as well as his All Progressives Congress (APC) and are rallying on our platform to rescue our nation from misrule.” The party noted:...
Report: Jack Ma’s Ant Group considers overhaul due to regulatory pressure
Chinese financial technology giant Ant Group plans reorganisation that would allow it to be regulated more like a bank, Bloomberg reports. Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval, said the people, who asked not be named because the matter is private. The plans are still under discussion and subject to change, the people said. Ant declined to comment. The operations that Ant is looking to fold into the holding company include wealth managemen...
UK needs tighter coronavirus rules to avert catastrophe – epidemiologist
Britain’s government needs to bring in tighter coronavirus lockdown rules to avert a fresh wave of deaths from a new strain of the disease, a leading epidemiologist and government adviser warns. Britain reported 41,385 new COVID cases on Monday, the highest number since testing became widely available in the middle of 2020, and English hospitals say they have more COVID patients than during the first wave of the pandemic in April. “We are entering a very dangerous new phase of the pandemic, and we’re going to need decisive early national action to prevent a catastrophe in January and February,” said Andrew Hayward, professor of infectious disease epidemiology at University College London, on Tuesday. More than 71,000 people in Britain have died within 28 days of a positive test for the dis...
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...
Millions of Americans risk losing jobless benefits as Donald Trump refuses to sign aid bill
Millions of Americans are about to see their jobless benefits expire on Saturday as U.S. President Donald Trump has so far refused to sign into law a $2.3 trillion pandemic aid and spending package, insisting that it did not do enough to help everyday people. Trump stunned Republicans and Democrats alike when he said this week he was unhappy with the massive bill, which provides $892 billion in badly needed coronavirus relief, including extending special unemployment benefits expiring on Dec. 26, and $1.4 trillion for normal government spending. Without Trump’s signature, about 14 million people could lose those extra benefits, according to Labor Department data. A partial government shutdown will begin on Tuesday unless Congress can agree a stop-gap government funding bill before then. Af...
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...
Ekiti APC greets Christians, urges Nigerians to have faith in government
The All Progressives Congress, (APC) in Ekiti state has congratulated people of the state for witnessing another Christmas celebration. The party, in a statement released on Friday by its Public Relations Officer, Hon. Ade Ajayi on behalf of the Chairman, Barrister Paul Omotosho rejoiced with the people for witnessing another annual celebration of the birth of Jesus Christ. Describing this period as a time for sober reflection, APC equally admonished people of the state to continue to be supportive of the present administration in its bid to address past inequalities and misgovernance. It emphasised the commitment of the present administration to bringing dividends of democracy to the doorstep of the populace, stressing that democracy remains government of the people. APC further appealed ...
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...
