Author: Chief Editor

• Wike, Atiku camps meet again today in Port Harcourt • I’m not going to look for anybody, if you need Rivers votes, you must come home, says Wike • BoT plans follow-up meeting Wednesday, says Jibrin Chairman, Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Senator Walid Jibrin, yesterday, called on members of the party to remain calm and refrain from creating bad blood and confusion over the crisis rocking PDP. Jibrin assured that all efforts were on to reconcile Rivers State governor, Nyesom Wike, and the presidential candidate, Atiku Abubakar, as he noted that what is happening in…

• Inflation rate ballooned by 170% under Buhari in seven years • Why govt must embark on urgent sweeping reforms • President, govs must agree on PMS subsidy removal timelines • Focus more on agric sector, insecurity to stem food inflation, FG told A high-level meeting of the 36 state governors with President Muhammadu Buhari on Wednesday, primed to draw out some far-reaching and drastic measures to tackle the economic hardship that has afflicted Nigerians under this administration, turned out to be an anti-climax. While the President was absent at the meeting, which held at the State House Banquet Hall…

Former Manchester United winger Nani has claimed that David Moyes broke a promise to him while he was in charge at Old Trafford. The Portuguese forward joined the Red Devils from Sporting Lisbon in 2007 and was an important member of Sir Alex Ferguson’s side. Nani won four Premier League titles and won the Champions League during his first six years with Manchester United. When Ferguson retired in 2013, Moyes took over as the Manchester United manager. He convinced Nani to stay, despite the winger claiming he was weighing up his options at the time. The now Melbourne Victory player told Rio Ferdinand’s Vibe with Five podcast: “He…

Being a professional footballer is one of the most demanding jobs in the world. They are not only asked to fire on all cylinders every single week but are also required to steer clear of anything controversial. Every statement of theirs is scrutinized, and even the slightest changes in their body language are picked up on. Being on the right side of the fence often gets difficult, even for the most level-headed footballers. Sometimes they show signs of being human, doing something immature, or putting themselves ahead of the collective. Fans who once worshiped the superstars vilify them on social…

Manchester United superstar Cristiano Ronaldo has agreed to pay compensation for throwing a young fan’s mobile phone to the ground, as per Liverpool Echo. The Portuguese star’s frustrations got the better of him as he trudged off the Goodison Park pitch following a humiliating 1-0 defeat to Everton on April 22. The veteran striker was recorded launching a young Toffees fan’s phone to the floor as he was receiving abuse from supporters. Merseyside Police have investigated the incident, cautioning the Manchester United striker. A statement on Wednesday, August 17 reads: “We can confirm that a 37-year-old man voluntarily attended and was interviewed under…

Real Madrid midfielder Casemiro is reportedly inclined to accept an offer to join Manchester United this summer. According to Spanish sports website Relevo, Los Blancos are under no pressure to sell Casemiro. But they have told the midfielder that he has earned the right to decide what’s next for his career. Casemiro has established himself as one of European football’s leading defensive-midfielders over the past decade, having made 336 appearances for Los Blancos. In that time, the Brazil international has formed an incredible trio alongside Toni Kroos and Luka Modric. The legendary midfield has been a key part of Real Madrid winning five Champions League titles, as well as three La…

Retail sales unchanged in July; June sales revised down Gasoline, motor vehicles account for flat sales Core retail sales increase 0.8% U.S. retail sales were unexpectedly unchanged in July as falling gasoline prices weighed on receipts at service stations, but consumer spending appeared to be holding up, further assuaging fears the economy was in recession. Declining gasoline prices, however, freed up money for spending on other goods including furniture, electronics and appliances as well as building materials and garden equipment. Combined with strong wage gains from a tight labor market and ample savings, that should help to underpin consumer spending…

Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility. The exodus of participants, especially hedge funds and speculators, has made daily price swings far greater than in previous years, making it harder for companies to hedge against physical purchases of oil. The volatility has harmed companies that need energy market stability for their operations, which includes oil-and-gas companies, but also manufacturing and food-and-beverage industries. Brent crude futures are swinging sharply on a daily…

CPI rate rises to 10.1% in July from 9.4% in June Inflation last higher in February 1982 Greater food costs adds to hit from higher energy bills Economists expect BoE to raise rates to 2.25% next month Signs of some easing of price pressures for factories Consumer price inflation in Britain jumped to 10.1% in July, the highest since February 1982, making it the first major rich economy to see price growth hit double digits as surging food costs intensifieda squeeze on household budgets. The increase from June’s annual rate of 9.4% was above all economists’ forecasts in a Reuters…

The first time billionaire investor Daniel Loeb began pushing for change at the Walt Disney Co (DIS.N), he got his wish. His hedge fund Third Point LLC in 2020 called on the company to suspend its dividend and go all-in on streaming. Days later, the company announced it was betting big on growing its trio of streaming services, Disney+, the sports-focused ESPN+ and adult-focused Hulu. Just two years later, Disney surpassed streaming pioneer Netflix Inc (NFLX.O) in total subscriptions. Now, after a brief hiatus, Loeb is back and investing $1 billion in Disney, emboldened by making the right call on streaming. He wants…