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NSE market capitalisation opens week with N162 billion loss
The Nigerian Stock Exchange (NSE) market capitalisation opened the week on Monday with a loss of N162 billion in a day. Specifically, the market capitalisation which opened at N12.695 trillion lost N162 billion to close at N12.533 trillion. Also, the All-Share Index (ASI) shed 310.07 points or 1.27 per cent to close at 24,026.05 compared with 24,336.12 achieved on Friday. The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are Nestle, Beta Glass, BUA Cement, Julius Berger and C & I Leasing. In spite of the decline on the first trading day, analysts at Afrinvest Limited expected bargain hunting to drive gains in the next trading session. Analysts at APT Securities and Funds Limited, on their expectations, said, “We expect a slowdown in mark...
Ex-SSG: I’m not leaving APC, but won’t support Governor Akeredolu’s re-election
Former Secretary to the Ondo State Government, Honourable Ifedayo Abegunde, said he would not defect to another party and would also not support Governor Rotimi Akeredolu’s reelection. Abegunde, who resigned his appointment today (Monday) said he would remain in the APC but support another governorship aspirant. He said that he would not be joining his friend the defected deputy governor Hon Agboola Ajayi in the opposition PDP as mist people in the state would want to believe. Abegunde said: “I will remain in the APC. I won’t support governor Akeredolu in his second term bid but will throw all my weight behind Dr Olusegun Abraham. According to him, Olusegun Abraham is the messiah that Ondo State needs now. Meanwhile, governor Akeredolu will Tomorrow (Tuesday), July 7, 2020, swear in the ne...
Barcelona outclass Villarreal after recent disappointments
Barcelona responded to a trying week by thrashing Villarreal 4-1 away to stay alive in the Liga title race, producing one of their best displays under coach Quique Setien. The Catalans had drawn their last two matches to hand more momentum to league leaders Real Madrid but Sunday’s win took them to 73 points after 34 games, four behind their arch-rivals who won 1-0 at Athletic Bilbao earlier on Sunday. An own goal from Pau Torres put Barca in front in the third minute, with Villarreal’s Gerard Moreno levelling on the rebound in the 14th before the visitors restored their lead through an outstanding curling strike from Luis Suarez six minutes later. Antoine Griezmann stretched Barca’s advantage just before the break with a sublime chip, having been dropped from the starting lineup in the la...
Ondo SSG Ifedayo Abegunde resigns appointment
The Secretary to Ondo State Government, Mr Ifedayo Abegunde, has resigned his appointment. Abegunde said he would communicate his next line of action within the next 24 hours. It was, however, gathered that he would be defecting to the opposition Peoples Democratic Party soon. Abegunde is a close friend to the defected deputy governor, Hon Agboola Ajayi. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Jose Mourinho claims Arsenal are ‘in trouble’ ahead of upcoming derby
Jose Mourinho has hit back at Arsenal after their social media account taunted his side after they failed to beat Sheffield United on Thursday evening. The Gunners moved to taunt our rivals with a post of our side beating Sheffield United the morning after Spurs were beaten 3-1 by the same side below. The Spurs boss moved to react to the post, claiming that we wouldn’t be enjoying their misfortune in such a way if they had more to celebrate themselves. “I think if they were top of the league or fighting for top four in a really good moment they wouldn’t enjoy the problems of others,” he said ahead of his side’s game with Everton on Monday night. “You only enjoy the problems of others when you are also in trouble. “In the end it says more about them, they don’t have much to celebrate, they ...
Pep Guardiola ‘interfered in medical matters’ at Bayern Munich – ex-team doctor
Getty Images Pep Guardiola “interfered in medical matters” at Bayern Munich, according to former team doctor Hans-Wilhelm Muller-Wohlfahrt, who says the highly-rated coach thought he “knew everything better than I did”. Guardiola was drafted in to replace Jupp Heynckes in the Allianz Arena hot seat in the summer of 2013, inheriting a treble-winning squad brimming with world-class talent. The Spaniard had already established himself as arguably the finest manager in Europe by that time, after assembling one of the greatest teams in history at Barcelona between 2008 and 2012. As expected, Bayern continued to dominate the domestic scene in Germany with Guardiola at the helm, but he was unable to deliver success in Europe. The 49-year-old picked up seven major trophies during his time at the A...
Jawsh 685 and Jason Derulo’s ‘Savage Love’ Rules ARIA Singles Chart
Jawsh 685 claims a slice of history as “Savage Love (Laxed – Siren Beat)” (Columbia/Sony), his collaboration with Jason Derulo, climbs to the summit of Australia’s singles chart. The Auckland producer (real name Joshua Stylah) becomes just the third New Zealander to lead the ARIA Singles Chart in its 37-year history. And at 17 years of age, he’s the youngest. It’s been nearly a quarter century since a Kiwi act led Australia’s singles chart. OMC last did it with “How Bizarre,” back in April 1996. The first New Zealander to lead the chart was Dave Dobbyn with Herbs’ “Slice Of Heaven” in May 1987. “Savage Love,” which also rules the Official U.K. Singles Chart this week, becomes the fourth No. 1 single in Australia for U.S. R&B singer Derulo after “In My Head” (February 2010), “Talk...
Jawsh 685 and Jason Derulo’s ‘Savage Love’ Takes Early Lead In U.K. Chart Race
Jawsh 685 and Jason Derulo’s “Savage Love (Laxed – Siren Beat)” (RCA) is on track for a second week atop the U.K. singles chart. The single, combining the talents of 17-year-old New Zealand producer Joshua Stylah and featuring the vocals of U.S. R&B artist Derulo, climbed to the summit in its third week on the tally. Following the weekend’s sales and streaming activity, “Savage Love” pulls ahead with a lead of 2,300 combined sales, according to the Official Charts Company. It’s the top title on the Official Chart: First Look, ahead of Dababy’s “Rockstar” (Interscope) featuring Roddy Ricch, and Lady Gaga and Ariana Grande’s “Rain on Me” (Interscope), respectively. AJ Tracey and Mabel’s “West Ten” should score the week’s highest new entry when the Official U.K. Sin...
Ennio Morricone, Legendary Composer for the Movies, Dies at 91
Ennio Morricone, the Oscar winner whose haunting, inventive scores expertly accentuated the simmering, dialogue-free tension of the spaghetti Westerns directed by Sergio Leone, has died. He was 91. The Italian composer, who scored more than 500 films — seven for his countryman Leone after they had met as kids in elementary school — died in Rome following complications from a fall last week in which he broke his femur. A native and lifelong resident of Rome whose first instrument was the trumpet, Morricone won his Oscar for his work on Quentin Tarantino’s The Hateful Eight (2015) and also was nominated for his original scores for Terrence Malick’s Days of Heaven (1978), Roland Joffe’s The Mission (1986), Brian De Palma’s The Untouchables (1987), Barry Levinson’s Bugsy (1991) and Giuseppe To...
US Sunbelt mayors push back against Trump’s virus optimism
US Sunbelt mayors warned Sunday that their cities are at risk of being overwhelmed by a surge of coronavirus cases as they pushed back against US President Donald Trump’s attempt to minimize the gravity of the spreading virus. COVID-19 has been raging for weeks across southern and western states. Florida has registered 10,000 new cases on some days. Arizona has seen record hospitalizations. And intensive care units in Houston, Texas are operating near maximum capacity. With President Trump continuing to play down the disease eschewing a mask, continuing to address large gatherings, saying a vaccine is only months away and asserting that “99 percent” of cases are not serious the exasperation of local officials has begun to boil over, with some floating the idea of new stay-at-home orders. “...
Former Enugu SSG Samson Ukpabi passes on
A former Secretary to Enugu State Government and former Rector Nigerian Defence Academy (NDA), Kaduna Prof Samson Ukpabi is dead. Until his death he was the traditional ruler of Okpanku community in Aninri Local Government Area of Enugu state. The revered traditional ruler who was one of the leading figures in the state died on Sunday morning. He died at the University of Nigeria Teaching Hospital, Enugu after a brief illness. Sources close to the family said that Ukpabi spoke with his family members at about 6:15 am on Sunday before he left for the hospital where he died. He was also said to have attended the burial of his nephew on Saturday. Ukpabi, a professor of Military History had held many prominent positions in Nigeria. He was the first Provost of Anambra State University of Scienc...
Nigerian government warns civil servants against flouting coronavirus guidelines
The Federal Government has warned federal civil servants against flouting the workplace guidelines put in place to flatten the curve of coronavirus pandemic in the country. The Head of Service of the Federation, Dr. Folasade Yemi-Esan, in a circular she personally signed and titled “Need for Strict Compliance with the Directives and Advice on the COVID-19 Pandemic Preventive Measures”, reminded the workers of two previous circulars in March and April 2020, issued on the measures to guide against further spread of the current COVID-19, which included limiting the number of visitors to offices. “The attention of the Office of the Head of Service of the Federation has been drawn to the fact that these guidelines are not being complied with. Specifically, it has been noticed that, the flow of ...
