Author: The Nation

  • Chinese Yuan weakens to 7.1105 against dollar

    Chinese Yuan weakens to 7.1105 against dollar

    The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 19 pips to 7.1105 against the dollar on Wednesday, according to the China Foreign Exchange Trade System.
    In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two percent from the central parity rate each trading day.

    Read Also: Xi emphasizes Chinese path to modernization as central task

    The central parity rate of the Yuan against the dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. (Xinhua/NAN)

     

    Xi emphasizes Chinese path to modernization as central task

    Forex gap widens as Naira falls to N712 per dollar

    CBN: $200b policy opens new windows for dollar earnings

  • Sabinus replaces Mercedes-Benz weeks after crash

    Sabinus replaces Mercedes-Benz weeks after crash

    A month after crashing his Mercedes Benz, popular skit maker, Mr Funny aka Oga Sabinus has acquired another vehicle of the same brand.

    Sabinus replaced the crashed car with a brand new white Mercedes Benz GLE.

    Mr Funny was involved in an auto crash on Sunday, September 9, 2022.

    According to multiple reports, the comic star was unhurt but his newly acquired Mercedes Benz car was ruined in the accident.

    In a post via his Instastory, Sabinus reacted to the accident with pictures and words of gratitude.

    Weeks after the accident that left his black Mercedes-Benz GLE SUV badly damaged, the comic star has launched another exotic automobile.

    Social media personality Tunde Ednut announced the new acquisition on his Instagram page
    Sharing photos and video, of Sabinus former crashed car and the new one, Ednut wrote: “HELP ME CONGRATULATE SABINUS

    “Remember when Sabinus had an accident last month, September and his Mercedes Benz became a total write off? Sabinus has gotten himself yet another Mercedes Benz GLE. It was black before, now it’s white.

    “May God continue to keep him and no accident shall ever befall him again with this new car in Jesus name. Sabinus, you are blessed.

    “One more thing, abeg commot that tissue box from ontop that dash board abeg Love you bro!”

  • Demand, supply for s3x in Lagos Island ridiculous – DJ Big N

    Demand, supply for s3x in Lagos Island ridiculous – DJ Big N

    Official disc jockey of the Mavin Record label, DJ Big N has raised the alarm over high rate of coitus taking place in the metropolitan city of Lagos.

    Born Nonso Temisan Ajufo, the hip hop DJ, claimed the rate of s3xual relations going on specifically on the Island is mind-boggling.

    According to him, the situation is maddening seeing the supply and demand for ‘coitus’ were both high.

    “LAGOS IS SLEEPING WITH LAGOS. THE AMOUNT OF EXCHANGE OF BODY FLUIDS GOING ON ESPECIALLY ON THE ISLAND, IT’S RIDICULOUS. SUPPLY IS HIGH DEMAND IS HIGH TOO. TOTAL MADNESS,” he lamented.

  • What happens when trolls are ignored- Deji

    What happens when trolls are ignored- Deji

    Former BBNaija Season seven fake housemate, Ayodeji Mayowa Morafa has shared the likely consequence when trolls are ignored.

    The pharmacist and fragrance enthusiast, quoting Michael Faraday, an English scientist who contributed to the study of electromagnetism and electrochemistry, explained trolls gradually go into extinction when their existence is ignored.

    “Trolls die slowly when you ignore their existence. Michael Faraday 1841,” he wrote.

    Deji was the ninth housemate to exit the reality show after spending five weeks in Biggie’s house.

    He was told to leave the show by the host, who disclosed he was a fake housemate to the amazement of others.

    Deji was evicted from the House alongside Diana, and Giddyfia during the fifth Sunday Live eviction show on September 4, 2022.

  • AC Milan vs Juventus LIVE updates

    AC Milan vs Juventus LIVE updates

    Two Serie A powerhouses lock horns as they look to inch closer to the top of the table.

    The 2022-23 Serie A season has begun in a surprisingly strange manner with Napoli, Atalanta, Udinese, and Lazio making up the top four teams in the league table.

    Read Also: James stars as Chelsea cruise past AC Milan

    Serie A holders AC Milan find themselves in 5th place with 17 points, and a win will tie them equal on points with league leaders Napoli, albeit after having played an extra game. The 3-0 loss to Chelsea in the Champions League must have dampened the spirits of the Milan players, but they should be able to put on a good show against Juventus.

    Speaking of which, the former champions have dropped 7 points in their last 5 games, resulting in them dropping to 8th place in the league. They have been underwhelming in the league, but a win against their rivals could spark new life into them.

  • Tension in Onitsha as widows, traders protest market merger

    Tension in Onitsha as widows, traders protest market merger

    Over 2,000 traders from Ajasa Street market on Saturday protested alleged forceful merger with Oseokwodu market in Onitsha, Anambra State.

    The protesters, mostly widows, also raised the alarm over heavy shootings by local vigilante group attached to a neighboring market in the process.

    Led by their woman leader, Mrs Ngozi Ezediniru, the traders said they were surprised to see some armed men, attached to the Oseokwodu market, storm their market and started shooting indiscriminately that compelled traders to scamper for safety.

    She said: “Ajasa Street market has been in existence right from time immemorial. Why will the chairman of Oseokwodu market, Chief Ikechukwu Umeanozie use his security men to forcefully merge us without our consent when were are independent registered Street market.

    Read Also: Attackers of fire fighters arrested as fire guts Onitsha estate

    “Some of us sustained various degrees of injuries and the gunmen told us that once it is 6pm everyday we must shut our market as it is now under Oseokwodu market.

    “We are independent street traders and we close between 9pm to 10pm daily and open about 6.30am daily. This is a residential market that is completely out side Oseokwodu market. Because we don’t have who will talk on our behalf he came with this intimidation.”

    Also speaking, Chairman of the street traders, Chief Chima Ohia, said the shooting was to intimidate them and merge Ajasa Street market with Oseokwodu market for the chairman selfish interests.

    “We can’t be intimidated by the antics of this chairman who is desperate to make quick money before leaving office as interim chairman of Oseokwodu markek.

    “The Commissioner for Commerce and Industry, Hon. Obinna Ngonadi, is a no nonsense man, he will call Umeanozie to order before he kills us with guns, like he did this afternoon”, he said.

    When contacted, Oseokwodu chairman, Chief Ikechukwu Umeanozie, said he was a one time chairman of the Ajasa Street market.

    “It is Oseokwodu market vigilante group that guards Ajasa street market and it is under zone one of Oseokwodu market”, he stated.

    The protesters carried placards with inscription, “Chan Chanji leave our market alone, you can’t because of self centeredness and money, merge us with Oseokwodu market, Governor Soludo and Commerce Commissioner should come to our rescue,” among others.

     

  • APC Women Presidential Campaign Team for inauguration Monday

    APC Women Presidential Campaign Team for inauguration Monday

    The ruling All Progressives Congress (APC) will on Monday inaugurate the Tinubu/Shetimma Women Presidential Campaign Team.

    The over 1,200- member team has Wife of the President, Hajiya Aisha Buhari as the grand patron while Senator Oluremi Tinubu, the wife of the party’s presidential candidate, Asiwaju Bola Ahmed Tinubu and the wife of the vice-presidential candidate, Nana Shettima, will serve as Chairman and Co-Chairman respectively.

    The Organising Committee of the Campaign Team on Saturday in Abuja announced that the formal inauguration of members of its various committees will hold on Monday at the Presidential Villa, Abuja by 10 am.

    A source within the party on Saturday told The Nation that the women’s campaign team would enjoy a degree of autonomy and organise its programmes, adding that the team has finalised arrangements to engage in campaign activities at the national, zonal and State levels.

    It was also gathered that thousands of women-focused support groups affiliated with the governing party are to fuse into the team for a nationwide mass mobilization project.

    The list of the team released penultimate Saturday has Hon. Asabe Vilita Bashir, a former member of the House of Representatives from Borno State as the national coordinator to be assisted by Lauretta Onochie, a senior aide in the Presidency as deputy national coordinator.

    The women’s campaign in the North-West Zone will be coordinated by Dr Zainab Baugudu, wife of the Kebbi Governor while a Falmata Zulum, the First Lady of Borno State, will be in charge of the Northeast.

    Olufolake Abdulrazaq, wife of Kwara Governor, will coordinate efforts in the North-Central and Mrs. Ibijoke Sanwo-olu, wife of the Lagos Governor, will superintend over the South-West.

    Imo First Lady Chioma Ikeaka-Uzodinma will also coordinate the South-East while Linda Ayade, wife of the Cross River Governor, will spearhead the women’s campaign in the South-South.

    The wives of Governors in APC-controlled States will serve as state coordinators in APC States while notable APC women in non-APC-controlled States will take charge.

    Florence Ajimobi, widow of the former governor of Oyo State and Zainab Ibrahim, the APC Deputy National Women Leader, among others, was chosen to coordinate activities in States not controlled by the APC.

    The administrative committee is led by Hon. Wahab Alawiye-King, who also doubles as the chairman of the committee on strategic planning. Heading the committee on operations and logistics is Senator Fatima Raji-Rasaki while Sarafa Modele-Yusuf, a former governorship aspirant in Ogun State is to head the Media and Strategic Communications committee.

    The Finance and Special Duties committee is to be headed by former Lagos Deputy Governor and Senior Special Assistant to the President, Princess Adejoke Orelope-Adefulire while the Diaspora Mobilisation Committee is to be chaired by none other than Abike Dabiri-Erewa.

    The Creative and Entertainment Industry also has the seasoned screen diva, Joke Silva as its chairman and includes other members such as Toyin Adegbola, Esther Wright, Rose Odika and Hadiza Kabara, among others.

    The Directorate of Contact and Mobilisation has 944 members, including Hon. Tolulope Akande Sadipe, Hon. Rekiya Yahaya, and Zainab Ikaz-Kassim, among others.

    The list also contains volunteers including Zahra Buhari, Hafsa Umar Shinkafi, Ahmed Indimi, Mairo Bulama Idris, Aisha Ahmed Jika and others.
    End

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  • Juventus eyeing Álex Grimaldo

    Juventus eyeing Álex Grimaldo

    Juventus are looking to sign Benfica left-back Álex Grimaldo during the winter transfer window, as per tuttojuve.

    Read Also: Liverpool sign Juventus Arthur Melo on loan

    The report states that Grimaldo could arrive for a small transfer fee of €4m due to his contract expiring next summer.

  • Juventus could swap Miretti for Balde

    Juventus could swap Miretti for Balde

    Juventus could swap midfielder Fabio Miretti for Barcelona left-back Alejandro Balde next year, reports calciomercatoweb.

    Read Also: Liverpool sign Juventus Arthur Melo on loan

    As per the report, Barcelona don’t want to let go of Balde, but Miretti’s performance this season has caught their eye, therefore they would consider an exchange deal with Juventus.

     

    BBC

  • Christian Pulisic and Mason Mount help Chelsea to smooth win over Wolves

    Christian Pulisic and Mason Mount help Chelsea to smooth win over Wolves

    Armando Broja scored his first Chelsea goal in a dominant victory over a lacklustre Wolves, who remain without a permanent manager.

    Kai Havertz opened the scoring on the stroke of half-time but the Blues could have put the game out of sight long before then.

    Christian Pulisic doubled the lead, playing a one-two with Mason Mount and sending the ball sailing past goalkeeper Jose Sa before Broja hammered into the bottom corner with his left foot late on.

    The game marked Graham Potter’s first home Premier League victory as Chelsea boss.

    He made wholesale changes to the line-up from the 2-1 win over Crystal Palace last weekend, swapping seven players and showcasing the depth in the squad, with Conor Gallagher earning a start after scoring the winner last time out and Reece James and Pierre-Emerick Aubameyang on the bench.

    Wolves, playing their first match since sacking manager Bruno Lage last weekend, were unorganised and Diego Costa, making his first start for the Midlands club against his former side, struggled to get in the game with the team hemmed in their own half.

    The 1-0 scoreline at half-time flattered Wolves as Cesar Azpilicueta, playing in his first Premier League game since August, put several teasing deliveries into the box which no one could latch on to, while Ruben Loftus-Cheek and Pulisic both hammered over the bar.

    Read Also: Chelsea set to appoint Vivell technical director

    Gallagher looked lively from the outset, while Mount was dynamic – it was his lofty delivery from the right-hand side that picked out Havertz for the opener, with the Germany international’s header looping over Sa.

    But Broja, who impressed on loan at Southampton last season, will have been pleased to get off the mark with his first goal for the club when he replaced Mount after the break.

    Without midfielder Ruben Neves, who is suspended having picked up five yellow cards this season, Wolves looked uncomfortable at the back, giving the ball away carelessly deep in their own half and making hard work for themselves in dangerous areas.

    Wolves have been linked with former Sevilla boss Julen Lopetegui, with interim boss Steve Davis saying earlier in the week he had been told he was in charge of the match against Chelsea but was unsure of the situation beyond that.

    They remain stuck in the relegation zone having lost their last three matches, while Chelsea move to fourth.

    Costa rusty as Chelsea punish Wolves
    As Potter continues to grow into his role and implement his style at Chelsea, his abundance of attacking options was evident against Wolves with the front line looking strong even with Aubameyang confined to the bench.

    But Wolves’ attacking problems continue to prevail with the side having scored a meagre three goals this campaign, the lowest of any side in the league.

    The side continued to lack goal threat with recent free-transfer signing Costa, Hwang Hee-chan and Goncalo Guedes – who is without a goal in nine games since a £27.5m summer move from Valencia – their only fit senior strikers.

    Costa was substituted for the returning Hee-chan, who was sidelined last week with a groin problem, and took the applause of the entirety of Stamford Bridge, even shaking Chelsea fans’ hands as he made his way round the pitch to the bench.

    During his time with Chelsea, the 34-year-old scored 52 goals in 89 top-flight games between 2014 and 2017, and helped the side to two Premier League wins.

    But he showed he is not one to be relied on by Wolves just yet as he failed to make a notable impact, understandable having not played since December 2021 until last weekend’s defeat by West Ham, where he came on as a substitute.

    Wolves improved early in the second half with Daniel Podence going close, but without experienced forward Raul Jimenez and long-term absentee Sasa Kalajdzic there was a lack of follow through. Then Chelsea’s second goal dispirited the side.

    Wolves have won just one of their last 16 Premier League games, failing to score in six of their last nine matches.