Saturday, 16 December 2017
Items filtered by date: May 2017

SPONSORED BY YES434.COM: Vanguard’s market survey revealed that the parallel market exchange rate which closed N385 per dollar last week rose to N391 per dollar yesterday. Market operators however expressed optimism that the Naira will appreciate today once the Central Bank of Nigeria (CBN) delivers the $20,000 bi-weekly sale to bureaux de change today.

Meanwhile, the Nigerian Guild of Editors (NGE) has urged Nigerians to support the Central Bank of Nigeria (CBN) in its activities to diversify the economy, just as it commended efforts of the bank towards resuscitating the nation’s ailing economy. Rising from its 2017 biennial convention in Lagos attended by over 350 editors of media outlets in the country, the guild said efforts of the Federal Government at diversifying the economy are commendable.

The guild commended the CBN for its intervention in the forex market, which it noted not only moderated the exchange rate but also halted the rising inflation in the country. The editors, in a seven-point communique signed by the re-elected President, Funke Egbemode and Secretary-General, Victoria Ibanga, also expressed their support for the CBN’s leading role in advancing patronage for made-in-Nigeria goods. The guild therefore urged all Nigerians to support government the bid to exit the economic recession, which they said has affected all, including the media industry. In spite of current challenges, the guild admonished the media to intensify efforts in promoting government’s policies on economic diversification.


Published in Headliners

Cristiano Ronaldo proved Atletico Madrid’s Champions League dream destroyer once more with a hat-trick as Real Madrid took a commanding 3-0 semi-final, first leg lead on Tuesday.

Ronaldo extended his lead as the all-time top scorer in Madrid derby matches by taking his tally to 21 and put Real firmly on course to defend their title in the final in Cardiff on June 3.

The Portuguese rewarded a bright Real start by heading home Casemiro’s deflected cross after just 10 minutes.

Ronaldo then smashed home from just inside the area and turned home Lucas Vazquez’s cross in the final 20 minutes as Real continued their domination of Atletico having eliminated them in the Champions League for the past three seasons.

Real needed a stoppage time equaliser en route to winning the 2014 final, scored a late winner in the quarter-finals a year later and edged last season’s final on a penalty shootout.

However, there was far more a gulf between the sides this time round.

The home fans made sure to put Atletico in their place before kick-off with chants of “kings of Europe” and a “how does it feel” banner alongside a display of their 11 European Cups.

Real piled on the pain in the opening stages for the 4,000 visiting away fans and could have killed the tie in the opening half hour.

Atletico were handed a lucky escape on seven minutes when Jan Oblak parried Dani Carvajal’s effort at the end of a careering run and the Slovenian recovered to also turn behind Karim Benzema’s follow-up effort.

– No let off –

There was no let off three minutes later, though, as Atletico failed to clear a corner and Casemiro’s bouncing cross looped up for Ronaldo to power home a header.

Oblak kept Atletico alive in the moments that followed with a brilliant save from Raphael Varane’s header and more comfortable stop from Isco.

However, at the other end, Keylor Navas rescued Real from conceding a vital away goal when he got a touch on the ball as Kevin Gameiro tried to round him when clean through on goal.

The majority of the efforts continued to rain down on Oblak’s goal as Luka Modric drilled a shot from the edge of the box inches wide.

And Benzema then acrobatically turned a Ronaldo cross just over the bar.

Atletico enjoyed a better spell just before half-time, but all they had to show for it was Diego Godin’s wayward volley after being picked out by Antoine Griezmann’s free-kick.

Real suffered an injury blow right on half-time when Dani Carvajal pulled up with a muscle problem that looks set to keep him out of the second leg.

Clear-cut chances were far harder to come by after half-time as Atletico toiled to create, whilst Real sat on their lead waiting for the chance to counter-attack.

However, once again in ties between these two, Real got the slice of luck to go with their extra quality.

The ball rebounded up perfectly off the heels of Filipe Luis for Ronaldo to blast high past Oblak.

And Ronaldo completed his second hat-trick against Atletico this season four minutes from time when Lucas Vazquez’s cutback picked out the four-time World Player of the Year to slot home from close range.

Published in Sports

•Fed Govt to invite boxer

SPONSORED BY KODUGA.COM: The euphoria that greeted the victory of Anthony Olufemi Olaseni Joshua over Wladimir Klitschko in the world heavyweight title fight at Wembley Stadium, England continued yesterday in Sagamu, his Ogun State ancestral home. Large banners adorned the house of his great-grandfather, Prince Daniel Adebambo Joshua, at Ijoku in the heart of the city. There is a big picture of the boxer. Beside it are the British flag and the green-white-green Nigerian flag.

There were banners also at the Ita Oba  Park where a viewing centre, which had over 2000 fans, was put up for the Saturday night fight. Some residents, who saw one of our reporters taking photographs of the banner, were excited. They shouted: “World champion!”.

Anthony’s uncle, Adebambo Joshua, who spoke on behalf of the family at the Baba Josh Memorial Hall, said he was a bit nervous before the fight started because victory could have gone either way.
He said: “My heart was in my mouth throughout the fight, especially when he suffered a knock down in the sixth round. I was afraid he would not recover and we all prayed for his victory and when he eventually won, we were all excited.”

Adebambo recalled how the family and the fans at the viewing centre went wild in jubilation and partied all-night because a “son of the soil” had achieved a great feat.
“It was celebration galore after Anthony’s victory. We were in front of the king’s palace and celebrated the hard-earned victory over a worthy opponent, who had been a famous face in the world of boxing,” he said.
Victory, as they say, has many fathers, which may account for many trying to identify with the pugilist. However, Adebambo noted that they were not just identifying with the champion but have been backing him since he started his career as an amateur rank.

Adebambo said: “We have been supporting him and we will continue to do that. We have prepared for the fight and that is why the youth in conjunction with Yinka Mafe, a member of the Ogun State House Assembly put up the viewing centre.

To the Elepe of Epe, Oba Adewale Osiberu, who is superintending over Sagamu since the demise of the Akarigbo of Remo, Oba Michael Sonariwo, the victory is for all. He called on youths to emulate the feat.
“He is young and we pray that he will stay on top for a long time,” he said.
Oba Osiberu, who is related to Anthony’s mum, Yeta (Yetunde), promised that a facility would be converted into a gym where youths could practise the sport.

The Federal Government plans to invite Joshua to Nigeria

Information, Culture and Tourism Minister Lai Mohammed in a statement, said the government had congratulated the British professional boxer of Nigerian descent, for defeating Ukranian Wladimir Klitschko to become the unified World Heavyweight Champion.

Mohammed said Nigeria was proud to be associated with the champion. “My heart is in Nigeria, my heart is in Britain. I am a Nigerian man by blood, yes,” the minister quoted Joshua as saying in a recent interview.

He added that the boxer, in the interview, also listed the secret of his success as pounded yam, eba and egusi – all Nigerian cuisines.
The minister hailed Joshua for his humility, despite his success.

He also extolled his “undying spirit, coming off the canvas after he was knocked down by Klitschko in the sixth round to win by a technical knockout in the 11th round of their pulsating fight”.
Joshua, who made his professional debut in 2013, was born in Watford to a Nigerian mother and a British father of Nigerian and Irish descent.

Some of the early years of the 27-year-old champion were spent in Ijebu-Ode, Ogun State, before he returned to the UK halfway through year seven to join Kings Langley Secondary School.
Growing up on the Meriden Estate in Garston, Hertfordshire, Anthony was called ‘Femi’ by his friends and former teachers.

Published in Business and Economy

Newsletter