Arsenal Target Paulo Sousa As Head Coach

Arsenal management are considering Bordeaux boss Paulo Sousa for the managerial role at the Emirates stadium. According to TMW report Sousa’s management skill has impressed the management of Arsenal thereby making his way onto the club's favourite in their list. The former Portuguese midfielder was only appointed by Bordeaux in the summer, and has led them to fifth in Ligue 1, with the help of ex-Arsenal captain Laurent Koscielny. Sousa had managed a club in China, he also had three spells in English football a…

NSE: Equities Maintain Slide As Market Capitalisation Fall By N84b

Trading on the floor of the Nigerian Stock Exchange (NSE) continued to dwindle Monday as more bluechip stocks depreciated in price, leading to decline in market capitalisation by N84 billion. Monday transactions ended with the All-Share Index (ASI), shedding 174.2 points (0.65 per cent) to close at 26,681.31 points while market capitalisation lost N84 billion and closed at N12.878 trillion. The fall was as a result of the losses recorded in medium and large capital stocks, amongst which were; Berger Paints, Cadbury…

Moody’s Predicts Negative Outlook For Nigeria, African Banks In 2020

Moody’s Investors Service - 2020 Outlook report has shown that banks in Nigeria, South Africa, Tunisia and Algeria will operate in a weakening operating condition due to increasing government debts. Moody’s disclosed this in a report it published on Monday. According to the report, 2020 outlook for African banks is negative, hence reflecting Africa’s weakening business environment. According to the Senior Vice President at Moody's, Constantinos Kypreos, "Weakening operating conditions are pressuring governments'…

World Body Hands Russia Four-Year Ban From All Global Sports

World Anti-Doping Agency (WADA) has handed Russia a four-year ban from all major sporting events after it pleaded guilty for noncompliance with anti-doping laws. The decision was reached on Monday by Wada's executive committee in Lausanne, Switzerland. Following the development, Russia’s flag and anthem will not be allowed at events such as the Tokyo 2020 Olympics and FIFA 2022 World Cup in Qatar. However, despite the ban, Russia will be able to compete at Euro 2020 - in which St Petersburg will be a host city -…

Manchester City Now Weak To Compete With Elite Clubs – Guardiola

Manchester City head coach Pep Guardiola has said his club might not be able to compete with the best teams in Europe. He disclosed this on Sunday following a 2-1 loss to local rivals Manchester United in the Premier League on Saturday and trail leaders Liverpool by 14 points. The Spaniard led City to win the domestic treble and retained the league title but have lost four games this season. According to Guardiola, "We have to improve and accept it and move forward." "(Manchester) United have the quality to…

Andy Ruiz Begs For Third Fight After Loss To Anthony Joshua

Andy Ruiz who on Saturday lost his International Boxing Oganisation (IBO), International Boxing Federation (IBF), World Boxing Organisation (WBO) and World Boxing Association (WBA) titles to Anthony Joshua has expressed interest in a third match with Joshua. Ruiz made the statement in an interview after he lost his five months old heavyweight title in Riyadh, Saudi Arabia. "I want a third." He he told Joshua during an interview with Sky News. Joshua who won flawlessly accepted to host him in another round if only…

Everton Sack Head Coach Marco Silver After Liverpool Humiliation

Everton has sacked manager Marco Silva after Liverpool crushed it 5-2 in a premier league encounter, leaving it second place at the bottom of the league table. The club announced the decision on Friday following a 5:2 derby loss to Liverpool at Armfield on Wednessday. The defeat was their ninth of the season, consequently they are dumped 18 place in the Premier League after the third successive losses. The manager who took charge in May 2018, won 24, lost 24 and drew 12 games in his 18 month spell at the…

Chelsea May Sign New Players As FIFA Ban Is Lifted

Chelsea FC are now eligible to sign players in the 2020 January transfer window following verdict by the Court of Arbitration for Sports (CAS) on Friday. The Premier League side were given a two-window ban by FIFA in February for breaching rules on signing young players. CAS reduced the ban to one window, which was served during the summer. It also reduced the fine for the London club from N218,840,400 (£460,000) to N109,420,200 (£230,000). Chelsea was banned after 150 rule breaches involving 69 academy players…

Nigeria: Under 3 Years Of Buhari Administration, Corruption Has Only Reduced Marginally By 2%

Demand for bribes by public servants has only reduced marginally by 2% in Nigeria according to a new Nigerian Bureau of Statistics (NBS) survey. The survey titled: Corruption in Nigeria: Pattern and Trends was released Friday by the NBS. According to the report, 30.2% out of Nigerians who had contact with public officials 12 months before the survey in 2019 paid bribes or were asked to pay bribes, a slight decrease from the 32.35% in 2016 . This, however, represents a little decline of 2% since 2016.  According…

Investors’ Loose N38b in four trading days As Stock Falls

Stock traders in the Nigerian Stock Exchange (NSE) sustained dominance on the equities sector of the market as most blue-chip stocks depreciated in price, resulting in the fall of investors' wealth by N38 billion in four consecutive trading days. The fall was witnessed at the close of trading on the floor of the stock exchange on Thursday. On resumption of trading on Monday, market capitalization stood at N13.027 trillion after fourth day trading on Thursday, capitalization dipped to N12.989 trillion which is…