The International Monetary Fund (IMF) has announced that the Nigerian government has begun subsidizing premium motor spirit (PMS), also known as fuel. Recall that on May 29, 2023, during his swearing-in speech, President Bola Tinubu proclaimed the end of petrol subsidies. A few weeks later, the Central Bank of Nigeria (CBN) combined the several exchange…
Nigeria’s crude oil output fell somewhat in January 2024 to 1.419 million barrels per day (mbpd), down from 1.422 million in December of last year. The Organization of Petroleum Exporting Countries, or OPEC, announced this on Tuesday in its February Monthly Oil Report. According to OPEC, the statistic implies a 3,000 barrel per day decline…
Petr Cech, a former Chelsea goalkeeper, believes Arsenal will finally win the Premier League this season. Arsenal last won the title in 2004, when Arsene Wenger’s club stayed undefeated throughout the season. Last season, Mikel Arteta’s squad challenged Manchester City but fell short by five points. Arsenal presently trail leaders Liverpool by two points. Cech,…
The Premier League has finally authorized Sir Jim Ratcliffe’s plan to purchase a 25 percent share in Manchester United. Ratcliffe’s minority takeover was authorized on Tuesday, after an independent assessment. According to an official announcement, the Premier League Board has authorized Sir Jim Ratcliffe’s acquisition of 25% of Manchester United FC, as well as a…
Bayer Leverkusen sports director Simon Rolfes says he is “sure” Xabi Alonso will stay at the club beyond the summer, despite rumors connecting him with a return to Liverpool. Speaking on Sport1 TV’s Doppelpass, Rolfes stated that he expects Alonso will return to the club next season to improve on his impressive performance thus far….
According to the Daily Mail, Manchester United and Tottenham are competing strongly to recruit Everton defender Jarrad Branthwaite this summer.
The Nigeria Football Federation (NFF) has denounced the cyber assaults on Super Eagles midfielder Alex Iwobi.According to the NFF, vitriolic insults on the player are uncalled for considering his long-standing devotion and dedication to duty for his nation. “Alex Iwobi does not deserve these attacks. He has a record of utmost dedication to duty and…
Nigerian record producer and musician Philip Kayode Moses, also known as Pheelz, has praised his recent collaboration with American R&B sensation Usher as a “dream come true.” In a recent interview with Apple Music, Pheelz spoke about his collaboration with Usher, stating that it demonstrates the power of aspirations and how far Nigerian music has…
Emmanuel Amuneke, a former Nigeria international, has stated why Victor Osimhen did not play well at the recent 2023 Africa Cup of Nations AFCON in Ivory Coast. Osimhen was among the players expected to win the Golden Boot in the 2023 AFCON. However, the Napoli star only scored once in the competition, as Nigeria fell…
President Bola Tinubu has urged the Senate to screen and confirm board members for the Central Bank of Nigeria, the National Hajj Commission, and the National Population Commission, respectively. This was stated in separate letters submitted to Senate President Godswill Akpabio, which were read aloud on the Red Chamber floor during plenary on Tuesday. The…