Over the next six months, fluctuations in energy prices, exchange rates, and transportation expenses are expected to be the main drivers of inflation, according to the Central Bank of Nigeria (CBN). In its "Inflation Expectations Survey for August," released on Thursday, the CBN provided the inflation outlook. The study is conducted in the wake of Nigeria's inflation rate dropping to 33.40 percent in July from 34.19 percent in June. According to CBN, the survey's foundation was built by the responses of businesses and households that were questioned about how they saw the inflation rate.
Businesses and families anticipate that fluctuations in energy prices, exchange rates, and transportation expenses will be the main drivers of inflation during the next six months, according to the financial regulator. The respondents anticipate a modest decrease in the inflation rate over the next six months, according to the apex bank, "as their indices showed considerable improvement over the review periods." In contrast to families, the study indicates that corporations are expecting a lower rate of inflation.
According to CBN, respondents anticipate higher spending over the next three and next month, with positive indices of 29.2 and 30.3 points, respectively. "Nevertheless, a negative index of -7.8 points indicates that they anticipate a significant decline in their spending over the next six months," according to CBN. "Businesses indicated a consistent decline in their expenditure appetite over the reviewed periods, while households expect to maintain their expenditure basket until October 2024 but significantly decrease it in February 2025." According to the CBN, 84.9 percent of respondents thought the rate of inflation in August was too high overall, "culminating in an index of -63.2 points."
According to CBN, energy prices, transportation costs, and exchange rates were the main determinants of how households and companies perceived inflation.
Jude Bellingham, a midfielder for Real Madrid, has disclosed that Carlo Ancelotti threatened to bench him in favor of his brother, Jobe Bellingham, in the tea
Bellingham, who relocated to Spain from Borussia Dortmund two seasons ago, has made a name for himself with Ancelotti's Los Blancos.
The midfielder is also a candidate for this year's Ballon d'Or after his incredible performance that saw him win the Champions League, La Liga, and other championships with Real Madrid. "I remember watching the game and Ancelotti said: f*ck… we brought the wrong one! I'm going to bring him here," I said, and Carlo responded, "In your position!"
SThe 2024 FIFA U-20 Women's World Cup is now taking place in Colombia, and the final sixteen have been announced.
This comes after the group stage fixtures are over. Japan triumphed 2-0 over Austria, while Ghana upset New Zealand 3-1. By doing this, Japan has advanced to the final-16 stage together with the other 15 nations. The Round of 16 matches are scheduled for this Wednesday, this Thursday, and this Friday. A complete round of 16 fixtures:
Canada versus Spain Cameroon versus Brazil South Korea versus Colombia Mexico vs the USA Austria versus North Korea Argentina versus Germany France versus the Netherlands Nigeria versus Japan
Nancy Isime, an actress, has proclaimed her love and dedication to Nigeria with pride. She expressed her thankfulness and admiration for the opportunities and benefits she has gotten as a Nigerian in an interview with CreativiTEA. She emphasized the value of thankfulness and positivism while expressing concern about those who speak adversely about the nation all the time
"I worry about people who constantly say, 'Nigeria is bad,'" Isime said, acknowledging the important role Nigeria has had in her accomplishment. They are bringing negativity into a nation that ought to support them. That is not something I am capable of. Everything—notoriety, wealth, and the means to support my family and myself—has come from Nigeria. A small number of individuals give the impression that things shouldn't be the way they are.
Nancy Isime, an actress and talk show host, has also disclosed that, unlike other females, she never had marriage as a fantasy. Isime recently stated that her priorities were employment and financial freedom in an appearance on "Creativity Live with Lynda."
Isime emphasized her dedication to her art and said that earning her own money comes first.
The truth is, I'm afraid of the spotlight. I never had the kind of dreams young ladies did when they sat down to think about being married. "I once had aspirations of working and being wealthy. She said, "I can spend so much on myself that I can't imagine someone else taking the position that you wouldn't have this life if it weren't for me."
Isime, who has been employed since she was seventeen, stated that her objective is to become financially secure before taking an early retirement. "I have been employed since seventeen, and I aim to retire early. I'm working on everything I can now so that when I retire—which many believe is too soon—my accomplishments and portfolio will speak for themselves, the woman remarked. The actress also emphasized the need to savor the process instead of concentrating only on the outcome.
Before taking any action, we frequently want to see the finished product. We find the process unpleasant. She remarked, "I make a point of appreciating the process and the trip, realizing that you can never completely arrive. Isime stated, "People feel like struggles are something to be ashamed of; for me, it's not." about difficulties and challenges. You can scroll down my Instagram feed completely if you visit it. I keep everything because it serves as a kind of memory book for me.
Isime also discussed the significance of laying a solid foundation, drawing a parallel between her experience and a biblical idea. A passage in the Bible says that when you lay your foundation on Christ, it's like building on a rock; when the rain comes, it stays put. I've built my way through life in this manner," she continued.
The seasoned Yoruba film actor Kareem Adepoju, better known by his stage as Baba Wande, has shared his reasons for quitting acting as well as the one thing that would motivate him to take a role in a film offered by one of his peers. In a video featuring an interactive session with Kunle Afod, which was uploaded on Kunleafod TV's official YouTube account, he said that he had given up acting because he had received an offer of 70,000 naira to work in two different states. He claimed in his statement, "I no longer visit movie theaters because the compensation they offer is completely depressing.
I stopped doing motion pictures because I was paid 70,000 naira for a role in two states. "I can't handle that amount in any manner, especially given the state of affairs in the nation and the present fuel shortage. I might think about going to performing films if I get a good-paying movie role offered to me."
HARESGlobal audiences have been captivated by Farhan al-Qadi's terrifying story of bravery and survival. The courageous man, who Hamas terrorists kidnaped on October 7, has come forward with a startling admission. According to The Times of Israel, he was abducted because he refused to help the terrorists target Jews during their horrific massacre in southern Israel. In a recent interview with Channel 12 News, Al-Qadi discussed his harrowing experience—from his first kidnapping to the IDF troops' eventual rescue of him after an arduous 11-month incarceration.
For al-Qadi, the events of October 7 started like any other day when he was working close to Kibbutz Magen at the Gaza border. Then, anarchy broke out. When the warning sirens went off, al-Qadi thought the disturbance was just a normal rocket barrage coming from Gaza. His sense of normalcy was immediately dashed, though, when he received a terrifying phone call from his brother informing him that Hamas terrorists had penetrated his job. Al-Qadi bravely chose to reject his captors' horrible demands and stand up to them in a moment of decision that would alter his life forever.
Al-Qadi described in his interview with Channel 12 News the extreme dread and uncertainty he had throughout his months in prison. His mental and emotional health suffered as a result of the terrorists' persistent threat of violence and their use of psychological blackmail. He stated, "I went outside and I saw three Hamas terrorists running toward me and firing in my direction at a distance of 100 meters." Al-Qadi claimed that after apprehending him and verifying his Muslim faith, they addressed him, "Drive us to wherever we find Jews in your car." "I was ready to die rather than lead them—not even to a cat—to a Jew. I'm good friends with everyone in the moshav," al-Qadi said to Channel 12. Al-Qadi persevered in refusing to compromise his morals and enable the terrorists' heinous goal despite unspeakable pressure.
The 30-person shortlist for the 2024 Ballon d'Or includes six players who assisted England in making it to the Euro 2024 championship. The following players are vying for the coveted honor, which will be given to the finest male football player in 2024: forwards Bukayo Saka and Cole Palmer, midfielders Jude Bellingham, Phil Foden, and Declan Rice, and captain Harry Kane. The winger for Barcelona and Spain, Lamine Yamal, who just turned 17 in July, is also a contender. England advanced to the Euro 2024 final, but on July 14 in Berlin, they lost to Spain 2-1. Eight players from Manchester City and Arsenal—who placed first and second in the Premier League, respectively—have combined to be nominated.
Lionel Messi, an eight-time Ballon d'Or winner who won the award in 2023 and plays forward for Inter Miami and Argentina, is not included on this list. Neither Messi, 37, nor Cristiano Ronaldo, 39, who has won five times, have been on the list of nominees since 2003.
A first-time winner is assured because Karim Benzema and Luka Modric, the two other past recipients who are currently active, were not included on the shortlist. A jury of journalists from each of the top 100 nations in the Fifa men's global ranking casts their votes for the award. Kobbie Mainoo and Alejandro Garnacho of Manchester United are the nominees for the Kopa Trophy, which is given to the finest men's young player of the year. Emiliano Martinez of Aston Villa, who took home the Yashin Trophy as the finest goalkeeper the previous year, was once again considered for the honor.
Pep Guardiola, meanwhile, was nominated for men's coach of the year following Manchester City's second Premier League title. On October 28, there will be an event in Paris to announce the winners.
Jude Bellingham, a Real Madrid and England player Ruben Dias, a Manchester City and Portugal native Phil Foden, Manchester City, and England Federico Valverde of Real Madrid and Uruguay Emiliano Martinez, both with Aston Villa and Argentina Erling Haaland of Manchester City and Norway Nico Williams (Athletic Bilbao and Spain) Granit Xhaka (Bayer Leverkusen and Switzerland) Artem Dovbyk (Roma and Ukraine) Real Madrid and former Germany player Toni Kroos Vinicius Jr. of Real Madrid and Brazil Dani Olmo (Barcelona and Spain) Florian Wirtz (Bayer Leverkusen, Germany) Arsenal's and Norway's Martin Odegaard Mats Hummels, a free agent from Germany Rodri (Manchester City and Spain)
Harry Kane (England and Bayern Munich) Declan Rice (England and Arsenal) Vitinha (Portugal and Paris St-Germain) Cole Palmer (England and Chelsea) Dani Carvajal (Spain and Real Madrid) Lamine Yamal (Spain and Barcelona) Bukayo Saka (England and Arsenal) Hakan Calhanoglu (Turkey and Inter Milan) William Saliba (France and Arsenal) Kylian Mbappe (France and Real Madrid) Lautaro Martinez (Argentina and Inter Milan) Ademola Lookman (Nigeria and Atalanta) Antonio Rudiger (Germany and Real Madrid) Alejandro Grimaldo (Spain and Bayer Leverkusen)
Financially speaking, it looks like a brilliant move on the part of the North Londoners, because rumor has it that they will only be covering £100k of the Englishman's £325k weekly salary, with the Blues covering the remaining sum. The reason the Gunners seem to have gotten such a good deal in this regard seems to be that the Pensioners have been looking for a way to get him out of the club for the remainder of the campaign after the player's statement ahead of the West Londoners' opening game of the season a few weeks ago and the fallout that followed. This has presented Edu Gaspar and Co. with a fantastic market opportunity.
But more than just the money might make this a great deal for the Premier League runners-up from the previous season since the former Manchester City star is a wonderful player when he plays at his best.
For instance, he made 339 appearances for City scored 131 goals, and contributed 73 assists, which works out to a goal participation rate of once per 1.66 games. This is an impressive feat given that he accomplished this during a seven-season span.
Furthermore, despite not playing at the highest level at Stamford Bridge, he has still managed to score 19 goals and dish out 12 assists in 81 games, which translates to an average of one goal per 2.61 games, which isn't too awful.
The official Arsenal team for the next Champions League campaign has been unveiled by UEFA. This season, the competition will feature 36 teams instead of 32 thanks to the adoption of the so-called "Swiss model." To ensure that every team plays at least eight games, a league phase has been established in place of the former group stage system. Every team in the competition will play one another; instead, matchups are decided by a draw that is seeded by UEFA.
Arsenal found out who they'll be playing last month. The Gunners will play Internazionale at the San Siro and Paris Saint-Germain at the Emirates Stadium to begin their European campaign.
Before the traditional knockout phases start, Arteta's team has to play Shakhtar Donetsk (H), Atalanta (A), Dinamo Zagreb (H), Sporting CP (A), AS Monaco (H), and, ultimately, Girona (A). Arsenal will be aiming to persevere and emerge as the inaugural Champions League champions.
The manager of the Gunners, who is desperate to win some hardware, has included some unexpected players in his team. Tommy Setford, who joined Arsenal from Ajax in the summer, David Raya, and Neto are the three goalkeepers that Arteta has chosen, as disclosed by UEFA. William Saliba, Gabriel Magalhães, Ben White, Jurrien Timber, Riccardo Calafiori, Oleksandr Zinchenko, Jakub Kiwior, Takehiro Tomiyasu, and, in a rather surprising selection, Kieran Tierney—who played on loan at Real Sociedad last season—are the nine defenders that the Spaniard has selected.
The Premier League record of the Englishman speaks for itself, even though some are skeptical of his coming. He was a surprise addition on deadline day.
The day after the transfer window closed, Arsenal's pursuit of an attacking addition this summer was officially announced, ending months of speculation. Sterling would join the team on a season-long loan from Chelsea.
The Dangote oil refinery has received 30 million barrels of crude oil from the Nigerian National Petroleum Company Limited, with intentions to supply an additional 17 million barrels shortly. Adedapo Segun, the Executive Vice President of NNPCL Downstream, revealed this information on Thursday during a speech on Arise Television. Segun states that the business will deliver 11.3 million barrels in October in addition to 6.3 million barrels in September. "We will supply 11.3 million barrels in October, bringing our total supply to about 30 million barrels—6.3 million this month."
He continued by saying that this plays a role in the federal government's choice to sell crude to nearby refineries. The 6.3 million barrels will be delivered in seven cargoes, according to Segun. He voiced worry that the pump price as it is does not accurately represent the state of the market.
The current pump price does not accurately represent the market. It is unusual because NNPCL is the only importer of Premium Motor Spirit (PMS) in the nation. He emphasized that market forces, not any one organization, should control fuel prices. "We should be moving towards a situation where the free market determines prices," he added. He made it clear that NNPC's position as the only importer of gasoline was a result of the state of the market, not a conscious choice. "Allow me to place it in the right context. Not that NNPC is a regulator. We did not decide to act as the exclusive importer. Who enters the market is not decided by us. When others stopped participating, we took over. It has nothing to do with our desire to have monopolies.
He went on to say that perfect market circumstances, such as a more liquid foreign exchange market, would be necessary to achieve a stable fuel supply and pricing. "Optimal market conditions and foreign exchange liquidity are imperatives," he continued, implying that more extensive economic changes might be required to tackle the problem of fuel prices. Working closely with commercial refineries like Dangote, NNPC has made sure that there is a consistent supply of crude oil available for processing.