The World Bank has ranked the Nigerian Naira among the worst-performing currencies in Sub-Saharan Africa. In a report titled “Africa’s Pulse: An analysis of issues shaping Africa’s economic future (October 2023 | Volume 28)”, it was stated that the Naira has weakened by 40 percent since the mid June …
Read More »Stop direct lending, untargeted subsidy programs and foreign exhange controls – World bank warns CBN
The World Bank has warned the central banks of Nigeria, Ethiopia, and Uganda to avoid taking any actions that might conflict with their monetary policies. The World Bank lists these measures as “monetizing the fiscal deficit, direct lending interventions, untargeted subsidy programs, and foreign exchange controls.” The World …
Read More »To the World, McCarthy’s Exit Is Just Another Example of U.S. Disarray
There was a time, not that long ago, when the United States presumed to teach the world how it was done. When it held itself up as a model of a stable, predictable democracy. When it sent idealistic young avatars to distant parts of the globe to impart the American …
Read More »Saudi Arabia announces bid to host 2034 World Cup
Saudi Arabia announced on Wednesday, Oct. 4, that it plans to bid to host the 2034 World Cup. The bid “intends to deliver a world-class tournament and will draw inspiration from Saudi Arabia’s ongoing social and economic transformation and the country’s deep-rooted passion for football”, said a statement from …
Read More »Morocco, Portugal and Spain to Co-Host 2030 FIFA World Cup
Morocco, Portugal and Spain will co-host the 2030 FIFA World Cup tournament, world football ru0ling body, FIFA has announced. According to a statement on FIFA’s website on Wednesday, October 4, 2023, the decision was taken by the FIFA Council. “Following extensive consultation with all confederations and given the importance …
Read More »Warner’s horror spell highlights World Cup mess
Australia will begin its pursuit of a sixth men’s 50-over World Cup title when Pat Cummins‘ men clash with India in Chennai on Sunday. Australia will be hunting its first men’s ODI World Cup crown since Michael Clarke steered his side to victory on home soil in 2015. These are …
Read More »‘Horrific’: World Cup star’s son dies hours before kick-off
As Josua Tuisova signed autographs and posed with fans after Fiji’s win over Georgia, fans were unaware of the agony behind his smile. Just hours before the Rugby World Cup match in France, the Fijian centre was informed his seven-year-old son had died on the other side of the world …
Read More »Kevin-Prince Boateng claims he was ‘forced to lie’ at Barcelona to say Lionel Messi was the best player in the world despite believing Cristiano Ronaldo was
Former Ghana international, Kevin-Prince Boateng has revealed he was ‘forced’ to lie and say Lionel Messi was the best player in the world when he joined Barcelona otherwise he ‘wouldn’t play’. Speaking on Rio Ferdinand’s VIBE with FIVE podcast, Boateng claimed it was ‘one of the biggest …
Read More »The silver-lining out of Australia’s World Cup ‘gamble’
Ian Chappell says Australia’s decision to take a wounded Travis Head to the World Cup is a “gamble”, but has revealed a silver-lining to come out of the opener’s injury. Head has been included in Australia’s squad of 15 despite still recovering from a fractured hand, and is not expected …
Read More »Putin’s closest ally warns of World War 3 if UK sends troops to Ukraine
Dmitry Medvedev, a former Russian President and closest ally of current President of the country Vladimir Putin, has warned of a World War 3 if UK sends troops on to Ukrainian soil. Medvedev who issued the warning on Sunday, October 1, after British defence secretary Grant Shapps said he …
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