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Showing posts from November, 2016

Chelsea 'PUNISHING' Mikel over Olympics - Nigeria coach

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Nigeria coach Gernot Rohr claims Mikel Obi is being "punished" by Premier League club Chelsea for playing at the Rio Olympics.Mikel, 29, missed most of Chelsea pre-season as he helped his country win a bronze medal at the football event of the Summer Olympic Games.He has yet to play for his London club this season even after he rejoined them in August.







Nigeria coach Gernot Rohr claims Mikel Obi is being "punished" by Premier League club Chelsea for playing at the Rio Olympics. Mikel, 29, missed most of Chelsea pre-season as he helped his country win a bronze medal at the football event of the Summer Olympic Games. He has yet to play for his London club this season even after he rejoined them in August. Rohr was recently on a working visit to England and met with Chelsea officials. "There is a reason why Mikel is not playing for Chelsea right now and that reason is because he played for Nigeria at the Olympics," Rohr said. "I cannot punish a pla…

Victor Moses has promised to deliver for Nigeria against Algeria this Saturday

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Victor Moses got into a bit of hot water back in his home country during the last international break, when a supposed injury kept him out of the national team squad but not out of any Chelsea matches before or after the international break.  There were even some reports that the Nigerian Football Federation would go after the player with a formal accusation of skipping out on international duty (which apparently could be punished by a ban from club football), but that seemed like a whole lot of nonsense at the time and, sure enough, nothing ever came of it.
Regardless, the 25-year-old is back in with the Super Eagles this time around and looking to continue his stellar form — even though he's unlikely to be playing in the some position as he has been lately at Chelsea.
"I can't say I'm not happy playing as a wing-back, I'm the type who gives his all to his team regardless of where I'm playing from. I'm a forward minded player but I don't …

What Trump Win Holds for Nigeria's Economy - Experts

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By Chris Agabi










Experts are reacting to what a Trump presidency holds on the Nigerian economy. Rislanudeen Muhammad, the former acting managing director/CEO, Unity Bank and CEO, Safmur Investments Limited said the, "United States is the biggest trading partner and most important diplomatic partner to Nigeria. That friendship was clearly demonstrated by the US on the eve Nigeria's election last year when most pundits thought we were going to disintegrate. We surely need to consolidate on that during the presidency of Donald Trump and beyond. "The US has the largest economy in the world with Gross Domestic Product of USD17.95 trillion as at 2015 or 28.95% of global nominal GDP and second largest according to purchasing power parity."\   According to him, the "United States is the largest foreign investor in Nigeria with foreign direct investment on petroleum/mining and whole/trade sectors. The United States' exports include wheat, vehicles, machin…

DSS raids BDC, arrested dealers for selling dollar above N400.

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Since 'Bureau-de-Change' operators have been forced to fix sales of foreign currencies such as dollar, pounds and euros for fear of sanctions by anti-graft agencies and the Central Bank of Nigeria.
For the past three days, naira has been changing for N400 to a dollar at the parallel market.
A licensed BDC operator in Abuja, Alhaji Yusuf Rabiu, said the recent raid of bureau de change establishments by the Economic and Financial Crime Commission forced the operators to reach such an agreement.
Also, it was agreed that Pound sterling would exchange for N540 and Euros for N500.
Usually, the rate of Forex at the BDC segment is based on demand and supply. When demand is higher than supply, each operator uses his discretion to hike the price. To regulate the segment, CBN recently issued a policy that allowed each BDC to buy dollars from Travelex at N381 per dollar and sell to end users at a maximum of N400 per dollar.
On Wednesday, the Department of State Services (DSS…