The Nation Newspaper

Author: The Nation

  • CBN limits tenure for bank excutives

    CBN limits tenure for bank excutives

    The Central Bank of Nigeria (CBN) has reviewed the tenure policy for Managing Director/CEOs of banks.

    The new policy authorises Board of Directors of banks to decide tenure of bank chiefs, but such tenure must not exceed a decade.

    In a circular to banks, and signed by CBN Director, Financial Policy and Regulations Department, Chibuzo Efobi, the apex bank said the despite the decision of the board, the tenure of bank CEOs should not exceed 10 years.

    The policy shift is contained in the CBN’s revised the regulatory requirements for the tenure of Executive Management and Non-executive Directors of Deposit Money Banks and Financial Holding Companies in the Code of Corporate Governance for Banks and Discount Houses (Ref: FPR/DIR/CIR/GEN/01/004).

    The apex bank said the new directive is  as part of measures aimed at strengthening governance practices in the banking industry.

     “The tenure of Executive Directors (ED), Deputy Managing Directors (DMD) and Managing Directors (MDs) shall be in accordance with the terms of their engagement approved by the Board of Directors of banks, subject to a maximum tenure of 10 years. Where an Executive who is a DMD becomes the MD/CEO of a bank or any other DMB before the end of his/her maximum tenure, the cumulative tenure of such Executive shall not exceed 12 years,” the CBN said.

    However, for an Executive (ED) who becomes a DMD of a bank or any other DMB, his/her cumulative tenure as ED and DMD shall not exceed 10 years.

    According to the CBN, Non-Executive Directors (NEDs), with the exception of Independent Non- Executive Director (INED), shall serve for a maximum period of 12 years in a bank, broken into three terms of four years each.

    It said that EDs, DMDs and MDs who exit from the Board of a bank either upon or prior to the expiration of his/her maximum tenure, shall serve out a cooling-off period of one year before being eligible for appointment as a NED to the Board of Directors.

    “NEDs who exit from the Board of a bank either upon or prior to the expiration of his/her maximum tenure of 12 years three terms of four years each), shall serve out a cooling-off period of one year before being eligible for appointment to the Board of Directors of any other DMB. The cumulative tenure limit of EDS/DMDs, MDs and NEDS across the banking industry is 20 years,” it said.

  • Equities market value hits N30 trillion mark

    Equities market value hits N30 trillion mark

    Nigerian equities market’s capitalisation crossed the N30 trillion mark yesterday as the nation snaked through announcement of the Saturday’s general elections.

     With more than three gainers for every loser, investors remained upbeat as the results of the weekend’s presidential and National Assembly’s elections trickled in.

    Aggregate market value of all quoted equities at the Nigerian Exchange (NGX) rallied by N206 billion to cross the N30 trillion mark.

    Benchmark indices at the market indicated average return of 0.69 per cent yesterday, pushing the average return so far this year to 7.96 per cent.

    The All Share Index (ASI)- the value-based common index that tracks all share prices at the Exchange, rose from its opening index of N54,949.21 points to close at 55,328.42 points.

    Aggregate market value of all quoted equities also rose from its opening value of N29.934 trillion to close at N30.140 trillion.

    The overall market performance was driven by widespread positive sentiments, especially within the mid and large-cap stocks such as Geregu Power, Conoil, Oando, BUA Foods, Stanbic IBTC Holdings and MRS Oil Nigeria.

    There were 28 gainers against nine losers. C & I Leasing, Oando and Stanbic IBTC Holdings recorded the highest allowable price change of 10 per cent each to close higher at N3.63, N4.40 and N37.95 respectively. Conoil trailed with a gain of 9.98 per cent to close at N46.85 while MRS Oil Nigeria  rose by 9.66 per cent to close at N33.50 per share.

    On the negative side, FTN Cocoa processors led the losers’ chart by 6.90 per cent to close at 27 kobo. UACN Property Development Company (UPDC) followed with a decline of 4.0 per cent to close at 96 kobo. Japaul Gold & Ventures declined by 3.45 per cent to close at 28 kobo, per share. Transnational Corporation (Transcorp) lost 3.08 per cent to close at N1.26 while Mutual Benefits Assurance dipped by 3.03 per cent to close at 32 kobo per share.

    The total volume traded grew by 25.77 per cent to 149.781 million shares worth N1.542 billion in 3,186 deals. Transactions in the shares of Oando topped the activity chart with 14.287 million shares valued at N62.640 million. Trancorp followed with 11.716 million shares worth N14.734 million. Fidelity Bank traded 10.734 million shares valued at N53.748 million. Chams Holding Company traded 10.293 million shares valued at N2.859 million while United Bank of Africa (UBA) transacted 9.110 million shares worth N77.143 million.

    Market analysts at United Capital said they expected the equities market to remain bullish despite post-election uncertainties.

    “We foresee opportunities for the buy-side to increase holdings in the near-term on fundamentally sound stocks with improved valuation and dividend performance. Nonetheless, we still expect profit-booking activity for overbought stocks,” United Capital stated.

  • Wema Bank reiterates support for women

    Wema Bank reiterates support for women

    Wema Bank is preparing to celebrate International Women’s Day 2023. The bank aims to honor women and provide them with opportunities to achieve success in their personal and professional lives. The celebration will be held on March 8, 2023, in Lagos.

    This year’s global theme, “Embrace Equity,” will be the focus of the event. The discussion will center on the topic of equity and achieving economic growth for women in their careers and businesses. The event will feature, keynote speaker Audrey Joe-Ezigbo, as well as panelists Tosin Olaseinde, Fela Durotoye, and Adenike Oyetunde-Lawal.

    The event aims to celebrate and appreciate Wema Bank customers and the Nigerian Women in General while equipping them with knowledge they need to succeed in their careers and businesses. According to Mabel Adeteye, Head of Brand & Marketing Communications at Wema Bank, the event will enable women to achieve economic, financial, and mental growth.

    Sara by Wema, the bank’s women’s proposition, has been designed to grow with women and has proven to be the best solution, with tailored offerings ranging from health plans to business financing and advisory services. Individuals who wish to attend the event, either virtually or in person, must register on the Wema Bank website.

    Wema Bank is Nigeria’s oldest indigenous financial institution, offering a range of value-adding banking and financial advisory services for 77 years. The bank was incorporated in 1945 as a Private Limited Liability Company and transformed into a Public Limited Liability Company in 1987, listing on the Nigerian Exchange.

  • CBN sets N2b loan limit for healthcare providers

    CBN sets N2b loan limit for healthcare providers

    The Central Bank of Nigeria (CBN) has set a N2 billion maximum borrowing limit for each healthcare  provider seeking loan from the N100 billion lifeline it approved for the health sector. 

    The limit was contained in the operational guideline for the fund released at the weekend by the apex bank.

    The fund was meant to help cushion the impact of the Coronavirus (COVID-19) pandemic on the economy and healthcare providers’ businesses. It was also meant to ensure that the health sector meets potential increase in demand for healthcare products and services.

    The guideline, signed by CBN Director, Financial Policy Regulation Department, Kevin Amugo, said working capital loans shall be considered based 20 per cent of the average of three years of the proposed borrower’s turnover, subject to a maximum of N500 million per obligor. 

    Also, where the loan is a term loan, a maximum limit of N2 billion per obligor and five per cent interest rate up till February 2021 shall apply. Interest rate for the facility shall revert back to nine per cent as from March 1, 2021.

    The apex bank also set the exit date for all the facility under the scheme at December 31, 2030 and stipulated a joint monitoring of financed activities by the CBN and participating financial institutions. 

    “Term loan shall have a maximum tenor of not more tan 10 years with a maximum of one year moratorium on repayment. In terms of construction, the tenor shall be determined by the completion date,” the guideline stated.

    According the guideline, the eligible participants under the scheme shall include healthcare product manufacturers- pharmaceutical drug and medical equipment; healthcare service providers/ medical facilities- hospitals/clinics, diagnostic centers/ laboratories, fitness and wellness centers, rehabilitation centers, dialysis centers, blood banks, among others.

    Also to benefit are pharmaceutical/medical products and logistic services, and other human healthcare service providers as maybe determined by the CBN from time to time.

    “The modalities require that a corporate entity submits its application to a participating financial institution of its choice with a bankable business plan. The participating financial institution shall appraise and conduct due diligence on the application. Upon approval by the participating financial institution’s Credit Committee, the application shall be submitted to the CBN with relevant documents attached. The CBN will process and disburse funds to the participating financial institution for onward release to the project,” the apex bank said.

    It stipulated that indigenous pharmaceutical companies and healthcare practitioners that want to expand or build their capacities would benefit from the facility.

    According to guidelines,   the scheme will be funded from the Real Sector Support Facility, with Deposit Money Banks, Development Finance Institutions named as participating financial institutions.

    According to the CBN guideline, the fund will reduce health tourism to conserve foreign exchange, provide long-term, low cost finance for healthcare infrastructure development, and improve access to affordable credit by indigenous pharmaceutical companies.

    It was also meant to support the provision of shared services through one-stop healthcare solution to enhance competition and reduce the cost of healthcare delivery in the country.

    The CBN had earlier announced the N100 billion intervention for the healthcare industry to strengthen the sector’s capacity to meet potential increase in demand for healthcare and services.

    The CBN said the scheme was also expected to increase private and public investment in the healthcare sector, facilitates improvement in healthcare delivery and reduce medical tourism to enhance foreign exchange conservation.

    The bank further explained that the objective of the scheme was to provide long-term low cost finance for healthcare development that would lead to the evolvement of world-class healthcare facilities in the country.

    According to the bank, the scheme will improve access to affordable credit by indigenous pharmaceutical companies to expand their operations and comply with the World Health Organisation’s good manufacturing practices.

    The CBN noted that the eligible participants under the scheme were healthcare products manufacturers and pharmaceutical equipment.

    It added that others are healthcare service providers, medical facilities, pharmaceutical and medical products distribution and logistics services among others.

  • Pension funds to invest in commodities

    Pension funds to invest in commodities

    Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) is fine-tuning a framework that will allow pension funds to invest in the commodities market.

    SEC and other stakeholders such as National Pensions Commissions (Pencom) and Lagos Commodities and Futures Exchange (LCFE) are collaborating on the structured investment of pension funds in the commodities market.

    Director General, Securities and Exchange Commission (SEC), Mr. Lamido Yuguda, who hosted the management of Pencom and LCFE in Abuja, said SEC was passionate about the commodities sector as it has enormous benefits for the economy of the nation.

    According to him, one of the key pillars of the Capital market Master Plan is the development of the commodities ecosystem which gives the nation the opportunity to diversify both the capital market and the economy and also create more products.

    “We have recorded a lot of successes in the sector so far and we see a lot of progress in the development of the sector. We are currently working with the Standards Organisation of Nigeria to develop standards that would make these our commodities acceptable in the international market. This would further boost our foreign exchange earnings and create wealth for our people,” Yuguda, who was represented by the Executive Commissioner, Corporate Services, SEC, Mr. Ibrahim Boyi, said.

    He said the SEC is seeking collaboration with PenCom to ensure economic development adding that the sector has huge potentials if optimally developed.

    “We have witnessed major achievements by the LFCE and we are happy to see them progress. We are committed to creating the rules that will ensure investor protection. It is a strategic focus for us to deliver one of our key mandates which is market development that will lead to economic development. Our focus remains market integrity, market fairness and investor protection.

    Speaking earlier, Managing Director of LFCE, Mr. Akin Akeredolu-Ale said the commodities exchanges are interested in exploring avenues for investing pension funds in the capital market.

    He expressed his joy that the SEC is spearheading the ISB to further boost the utilisation of pensions funds in the market adding that if pension funds are not reflated, inflation would keep affecting it.

    “The primary part of our economic raw materials in crude oil, if you don’t capitalise the primary sector, the manufacturing sector will suffer, same as the service sector. SEC has made provisions for the PFAs to invest in the commodities sector and this is expected to catalyse our economy and spur growth” he said.

    Akeredolu-Ale reassured that the reflation of the assets under management is going to benefit people that have their assets as globally pension assets are used to stimulate economies adding that the nation’s economy needs to be activated to create opportunities for pension assets to participate in the exchanges.

    He therefore urged Pencom to look into its rules and encourage PFAs to develop and interest in investing in commodity assets on the commodities exchanges like LFCE.

    In her remarks, Managing Director of Lotus Capital, Mrs. Hajara Adeola said the commodity space is very central to the progress and development of Nigeria’s economy and it is important the entire financial system participates as it is developing globally.

    “The capital market is creating instruments, creating avenues for investments to grow the market and the economy. It is important we put these infrastructures in place to make it profitable for our nation” she said.

    Responding, Commissioner Technical of Pencom, Mr. AnyimNyerere said the Pension laws are not static but dynamic adding that the Commission expects a comprehensive request to enable it expedite actions on the matter.

    He expressed the desire of Pencom to work with relevant agencies to boost the economy and assured the SEC that Pencom will work within available laws to support the commodities trading ecosystem.

  • Bank set for seamless transactions as cashless policy takes effect

    Bank set for seamless transactions as cashless policy takes effect

    Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has announced its readiness for seamless financial transactions as the cashless policy by the Central Bank of Nigeria (CBN) takes effect. 

    The Central Bank of Nigeria recently released a new policy on cash-based transactions that attracts a cash handling charge for daily cash transactions above N500,000 for individuals and N3,000,000 for corporate organisations. The new policy aims to increase the adoption of electronic payments and reduce the amount of physical cash circulating in the economy.

    The apex bank stated that the policy encourages a reduction in the cost of banking services, drives financial inclusion, makes monetary policy effective in managing inflation, drives to modernise payment systems, and enables economic growth. 

    In line with the policy, and reducing reliance on cash transactions while promoting financial inclusion by increasing the availability of electronic payment options, Stanbic IBTC Bank invites the public to take advantage of its existing digital solutions and payment platforms that have been tailored to meet the needs of our clients. These include the enhanced Point of Sale (PoS), NQR, Stanbic Gateway Service, Pay with Transfer, Pay with Link, and much more.

    Speaking on the policy and its benefits, Omolara Osunsoko, Head, Partnerships, Stanbic IBTC Bank, said the digital evolution in the financial sector has seen increasing changes with a move towards technology-driven delivery channels. This holds great promise as a means to enable financial inclusion and thus help improve citizens’ lives. The policy will be beneficial to consumers and merchants as we transit to a digital way of transacting that is convenient, secure and seamless. It will also help minimize financial risks and support business operations and reconciliation.”

    Osunsoko also reiterated Stanbic IBTC’s commitment to financial inclusion over the years through digital and electronic solutions that simplify cashless transactions while offering an excellent banking experience for its customers.

    Olutimi Ibrahim, Head, Digital and eCommerce, Stanbic IBTC Bank, noted the Bank’s commitment in supporting the Central Bank’s cashless policy initiative and living up to its responsibilities of innovating alternative payment solutions.

    He said, “At Stanbic IBTC, we stand for innovative banking. This leads to creating digital solutions and optimising our platforms to perform instant transactions, eliminating the need to visit a branch. With the CBN’s directive on cashless policy, we are offering customers an array of electronic payment options for a seamless digital banking experience.”

    “We are also committed to easing our customers’ transition to a cashless society. We will continue collaborating closely with the CBN to ensure that Nigerians can access the financial services they require.”

    Stanbic IBTC Bank is dedicated to making Nigeria more prosperous, financially inclusive and encourages Nigerians to take advantage of its electronic services. 

  • Theme: Transition from Storm to Glory

    Theme: Transition from Storm to Glory

    • Text:”…. he saith unto them, Let us pass over unto the other side….. And there arose a great storm of wind….” ( Mk. 4:35,37)

    A storm is a very dangerous wave that has devastating tendencies. While there are natural storms, we also have spiritual storms. A natural storm originates when a low pressure system is surrounded by a high pressure system. Small areas of low pressure can form from hot air rising off hot ground. Hot air will rise, and when the hot air collides with cold air, the hot air is forced up over the colder, drier air. When the warmer air is displaced upwards, it causes surface air pressure to drop, which creates something of a vacuum effect where the two air masses meet. Cold air then rushes in to fill the area of lower air pressure, and this in turn forces more warm air upwards. This starts a cycle of cold air rushing in, pushing the warm air upwards. It is this very turbulence that causes the natural storm.

    When a storm occurs, there are displacement of organised structures; the family, home and places that have been organised suddenly become disorganised, and things are turned upside (Job 21:28, 27:21). To reduce the adverse consequences of a storm, captains of ships avoid stormy locations. When a natural storm is in sight, the passengers are instructed not to loiter, luggages are properly arranged in their compartments, breakable utensils are kept out of the reach of passengers and cargoes are jettisoned to lighten the weight of the vessel (cf Acts 27:18) among other precautionary measures.

    While the effect of a physical storm can be sighted and ameliorated, a spiritual storm is not visible to human eyes, it evolves suddenly like the experiences of the woman with the issue of blood, the great Naaman who was afflicted by leprosy and the only child of the Shunamite woman who died due to headache (Mk. 5:25-26; 2Kings 5:1-14; 2 Kings 4:18-20). The destructive capacity of a spiritual storm is colossal and devastating. The damages therefrom are beyond human imagination, they lead to injuries and destruction of properties and institutions; and even loss of lives. The spiritual storm manifests in sudden hatred among couples leading to thoughts of separation or divorce, sudden strange behaviors, a thriving business suddenly going down, perennial visits to Doctors, unexplainable loss of revenue, a thriving business outfit going down, increasing expenditure without commensurate increase in income, inability to meet financial, matrimonial and occupational demands, friends suddenly becoming enemies, hatred by superior officers etc.

    From our text, Jesus Christ informed His disciples of an important transition to the other side, a journey that was obviously targeted at freeing a great man who was destined for greatness but bound by powers of darkness (Mk. 5:1-20). On their way, a great storm arose to hinder them from getting there and possibly terminate their lives in the process but His presence surmounted the raging storm. The disciples drew the attention of the Ancient of Days to their dilemma and with a word, He rebuked the wind and it ceased instantly. Eventually, they arrived at their destination and He delivered the great man that was bound, released his destiny from bondage and he became an Evangelist in Decapolis. I have an impression in my Spirit that the current post-election political storm in Nigeria is for a short tenor. It shall simmer soon and take us to His Promised land in the name of Jesus Christ.

    Brethren, that Jesus is in your boat does not exclude you from a spiritual storm. That your are a born again Christian or a Pastor does not exclude you from the challenges of a storm. David buttressed this by saying that ” many are the afflictions of the righteous but the Lord delivers them from all” ( Psalm 34:19 cf Jn 16:33). James the brother of John was killed in a spiritual storm orchestrated by Herod Agrippa when the church was silent but when the church rose to pray, the story changed and the captors became the captives ( Acts 12).

    It therefore doesn’t matter what your experience may be today, there is a God who specialises at making ‘the storm calm, so that the waves thereof are still’ ( Psalm 107:29). He is the One that is “a refuge from the storm” (Isaiah 25:4). The Almighty God is He that “sits upon the circle of the earth, and the inhabitants thereof are as grasshoppers; that stretcheth out the heavens as a curtain, and spreadeth them out as a tent to dwell in” (Isaiah 40:22). He is your God and will never allow you to be put to shame. The present storm that you are wading through has a terminal date with Him- it cannot stop you! At His presence, the evil spirit behind the roars of the storms shall be silenced and its powers are made of no consequence.

    At this Lenten season brethren, I encourage you to build your life on the Rock (Matthew 7:24 cf Romans 9:33), allow Him into the boat of your life, surrender to Him absolutely, call on Him at all times, obey Him in all things and have faith in His power to deliver. As you continue to fast, pray and have faith in God, He would reverse every evil order and give you peace over the spiritual storms in Jesus’ name.

    •Prayer: Lord, visit our beloved country and lives at such a time, silence the gathering and raging storms, and take us to Your Promised land for us in the name of Jesus Christ.

  • Southampton coach defends Onuachu’s substitution

    Southampton coach defends Onuachu’s substitution

    Southampton manager Ruben Selles has explained why  Paul Onuachu only played  60 minutes before being substituted.

    Ghanaian Kamaldeen Sulemana and Onuachu arrived at St Mary’s this month following a deadline day move in the January transfer window.

    The duo has been inseparable on the pitch, both making four appearances and both still hunting the first goals of their Saints career.

    In Selles’s two matches as manager, including the recent 1-0 defeat to relegation rivals Leeds United on Saturday, they were both substituted after 60 minutes.

    Selles explained: “Well I think it’s not only one thing, we need to be careful when we bring players from outside.

    “And remember Kamladeen has only been with us for three weeks and the tempo in the Premier League is higher than any league in the world.

    “So we need to educate them and then we need to give them the opportunity to perform in the best level as I say,” Selles added.

    “So the thing that we changed last time and we asked to repeat essentially and we repeated the decision as we needed something different and usually you take it from the front.”

    Once Kamaldeen and Onuachu had been removed for Sekou Mara and Theo Walcott at Elland Road, the Saints looked to get a foot back in the game.

    They were unable to do so and defeat condemned them to another week at the bottom of the Premier League table, now four points adrift of safety.

     “I think we changed the game and I think because we change the system the 4-2-3-1 didn’t suit Kamaldeen that much,” Selles said.

    “We expected more from the penetration and the deep runs, we were not able to find him so probably I didn’t find the tools to help the players with which lines of passing they can make to find Kamaldeen in space.

    “We need to continue growing and continue working together because he’s a great player and he’s helping and he will help a lot but some things need a little bit of time.”

  • Best FIFA Football Awards: Messi outclasses Mbappe, Benzema

    Best FIFA Football Awards: Messi outclasses Mbappe, Benzema

    Argentina’s World Cup-winning captain Lionel Messi was crowned the best player in men’s football by the Federation Internationale de Football Association (FIFA) at The Best FIFA Football Awards last night.

    Messi, who propelled Argentina to its third FIFA World Cup title in Qatar last year, was nominated for the illustrious prize alongside his Paris Saint Germain (PSG) teammate Kylian Mbappe and Real Madrid captain Karim Benzema.

    Messi was named the winner of the Best FIFA Men’s Player award for his outstanding performances in men’s football from the period of 8 August 2021 to 18 December 2022. Equalling Cristiano Ronaldo and Robert Lewandowski’s massive feat at the FIFA awards, the PSG superstar has lifted the famous trophy for the second time at Salle Pleyel in Paris.

    Ending its five-year partnership with the Ballon d’Or, FIFA first handed the special award in its present appearance in 2016. Messi previously won the Best FIFA Men’s Player award during his trophy-laden stint at Barcelona back in 2019.

    Messi recorded his first appearance at the FIFA gala back in 2007. The former Barcelona captain had finished second behind Kaka in the FIFA World Player of the Year standings at the time. Fifteen years later, Messi was named the FIFA player of the year for the seventh time on Tuesday in Paris. One of the most decorated players in the history of the beautiful game, Messi has now won the FIFA World Player of the Year title in 2009, 2010, 2011, 2012, 2015, 2019 and 2023.

    Adding another individual gong to his incredible collection, Messi emerged as the frontrunner for the prestigious trophy after leading Argentina to World Cup glory in the 2022 edition of the showpiece event. Messi’s Argentina outclassed Mbappe-starrer France in the thrilling FIFA World Cup final last year. Messi’s PSG teammate Mbappe had netted a stunning hat-trick in the final of the Qatar World Cup. Mbappe became the first player to smash a hat-trick in the FIFA World Cup final since Geoff Hurst, who achieved the same feat in 1966.

    FULL WINNERS LIST

    Best Men’s Coach

     Lionel Scaloni  (Argentina)

    The Best Women’s Coach

    Sarina Wiegman (England)

    The Best Men’s Goalkeeper

     Emiliano Martinez (Argentina )

    The Best Women’s Goalkeeper

    Mary Earps ( England )

    The Puskas Award

    Marcin Oleksy (Poland)

    The FIFA Fair Play Award

    Luka Lochoshvili

  • Olayinka eyes double titles with Czech club

    Olayinka eyes double titles with Czech club

    Super Eagles attacker Peter Oladeji Olayinka has stated that it would be a dream end to his career with Slavia Prague when the season ends if he is able to deliver double titles to the Czech Republic club.

    Olayinka will leave Slavia Prague by June 30th to Red Star of Serbia and the 27-year-old said shortly after his two goals helped them to a 2-0 win over Slovacko last weekend that his parting gift would be to ensure they win the league and the cup double.

    “Our goal is to win the double. That is the reward we look up to,” Olayinka told the club’s official website. “It is very important to us. I want to get these two trophies before I leave the club. I would be very happy indeed.”

    He said they were happy to return to winning ways after the draw at Teplice and the Eagles striker said he was thrilled that fans chanted his name as he was about to be substituted.

    “In the last game we drew in Teplice, but as a team we responded well to that. We won, you could see how everyone gave everything. I’m happy that we won, but now we have to focus on the next game.

    “It was amazing from them. He supports the team perfectly every time. I am very happy, we are glad that they are behind us.

    “Yes, I am very happy with the performance of the entire team. It shows how much we wanted this win. It’s very important to us,” he concluded.

    Olayinka has scored eight goals from 15 league games alone.