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Courtois “I’m Happy At Chelsea For Now” Posted: 02 Oct 2016 11:43 PM PDT

Chelsea goalie Thibaut Courtois can’t seem to make up his mind, as he insists he is happy at Stamford Bridge, despite claiming he wants to return to Spain. The Belgian won the La Liga with Atletico Madrid back in 2014 and has also been linked with a return to Real Madrid this summer. Having previously admitted an interest in moving back to Spain, Courtois was keen to clarify that he remains committed to Chelsea and may not leave until after his retirement. Thibault Courtois Plans To Return To The La Liga “I understand the commotion with the Chelsea fans,” he said in quotes reported by the Mirror. Courtois Wants Atletico Madrid Return “But I just meant that I want to return to Spain one day, but it can also be after my career. “I’m happy to be at Chelsea. For how long, we will see. But now I want to win prizes with this club.” The belgian joined Chelsea from Genk in 2011, but did not make his debut for the club until three years later due to an extended loan spell with Atletico. The post Courtois “I’m Happy At Chelsea For Now” appeared first on 360Nobs.com.
Ter Stegen Apologises For Error Strewn Performance Posted: 02 Oct 2016 11:28 PM PDT

Marc-Andre Ter Stegen has implored his teammates to forgive him for the errors that led to his team losing 4-3 to Celta Vigo. The first 45 minutes saw Barcelona go 3-0 behind at Balaidos, with the opening goal due to the the German making a failed clearance. And despite a Pique header and a Neymar penalty, Ter Stegen attempted to clear a Jordi Alba back pass, but sent it straight at Hernandez’s head. The ricochet ended in the back of the net with 13 minutes left to go, and Barcelona had no response to it. “We fought until the end, but the goal is my fault – I am really sorry for the team for what happened,” the Germany international told beIN Sports. “Clearly I want to make a pass to Jordi. It is a failure that cannot happen and again I’m sorry for the team, who fought until the end. If I had not made this decision we may have won and this was clearly my fault. “Although this has happened I will not change my game. It has only happened once. “It’s a defeat that hurts, but we must continue. Now comes the international break and then we will try to follow the path we were on before. We must get up and go on.” Enrique Defends Error Prone Ter Stegen Defender Pique was keen to forgive Ter Stegen, agreeing the shot stopper should not alter his ball-playing style and attempting to remain positive despite the loss. He said: “Could Marc have risked less? Yes. But the way he plays gives us so much and often they [the risks] are good for us. He should continue [playing like that]. “With nothing to lose, we played well after the break and we almost did it. I prefer to highlight the team’s reaction.” Barca are fourth in the table at the international break, two points behind leaders Atletico Madrid. The post Ter Stegen Apologises For Error Strewn Performance appeared first on 360Nobs.com.
Enrique Defends Error Prone Ter Stegen Posted: 02 Oct 2016 10:59 PM PDT

Barcelona manager Luis Enrique attempted to take the blame for the loss despite Ter Stegen’s sub par performance. The shotstopper was not in form as his errors caused Barcelona’s second Liga loss in seven games. And Enrique, former Celta coach attempted to shield the 24-year-old, with Barcelona sitting fourth, two points behind leaders Atletico Madrid going into the international break. “The defeat is for everyone,” he told Barca TV. “First for me, myself, I am the one responsible for the team. Now we have to pick ourselves up. “It was an important day for us as we had the chance to go top and we did not take advantage of it. “We started the game well and in the first 15 minutes I was pleased, but from then on we entered a negative dynamic and began to lose individual duels in which they got the better of us. “The players are not machines, we must pick ourselves up and compete in the next game.” Luis Enrique also defended his decision to name Andres Iniesta among the substitutes at Estadio de Balaidos. “Do not [ask] the easy question now,” he was quoted as saying by Canal+. “I have to decide before the game, not after. I do not regret anything. I accept it as part of my job.” Pressed on the impact of Ter Stegen’s mistakes, he added: “Another easy question. Barcelona’s goalkeepers always have to [take] risks. Today all the team has lost. There is much to improve.” Barca are back in action at home to Deportivo La Coruna on October 15. The post Enrique Defends Error Prone Ter Stegen appeared first on 360Nobs.com.
Kim Kardashian Held At Gunpoint In Paris Posted: 02 Oct 2016 10:41 PM PDT

According to her spokesperson, Kim Kardashian West was held at gunpoint in her Paris hotel room by two armed masked men on Sunday night. The reality TV star was in Paris for the Paris Fashion Week along with her mother, Kris Jenner and sisters, Kourtney Kardashian and Kendall Jenner. “Kim Kardashian West was held up at gunpoint inside her Paris hotel room this evening, by two armed masked men dressed as police officers” Kim’s spokesperson Ina Treciokas said, adding that  “She is badly shaken but physically unharmed.” Her rapper husband, Kanye West, left his set early at the Meadows Festival in New York on Sunday night after telling the crowd there had been a “family emergency”. Kanye was in the middle of performing “Heartless” at the Festival on Sunday night when he interrupted the song and told the crowd, “I’m sorry, I’m sorry. Family emergency, I have to stop the show.”  The venue later posted a tweet with the message, “Due to an emergency, Kanye West had to end his performance early. Please get home safely.”   The post Kim Kardashian Held At Gunpoint In Paris appeared first on 360Nobs.com.
MUSIC: iLLBLiSS ft. Reekado Banks & Mr Eazi – JawonLaya Posted: 02 Oct 2016 10:35 PM PDT

iLLBLiSS aka Oga Boss is back with another Club smashing tune titled “JawonLaya”, Which he features the Mavin star ‘Reekado Banks’ and the starboy worlwide act, ‘Mr Eazi’. The Rap veteran iLLBLiSS has been cranking up the buzz surrounding his soon-to-be-released 4th studio album, ILLYGATI: 7057, by dropping back to back jamz. “JawonLaya” is another hit for oga boss, with the addition of Reeky standard and the peoples new choice Mr Eazi. the album ILLYGATI: 7057, is slated for a November release. “JawonLaya” tells it more that there is much to expect from oga boss album. While we anticipate the release of the album, check out JawonLaya below and share your thoughts.

Listen/Download mp3 of “JawonLaya” by iLLBLiSS ft. Reekado Banks & Mr Eazi below!

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Manchester United To Make Move For Benfica Defender Alex Grimaldo Posted: 02 Oct 2016 04:21 PM PDT

Manchester United are lining up a move for Benfica’s Alex Grimaldo, according to reports. The Daily Mail claims club scouts watched the former Barcelona left-back against Feirense on Sunday night and watched him score in a 4-0 win. Representatives for Middlesbrough, Valencia and Juventus were also in Lisbon on Sunday, the paper says. The Spanish youth international has a huge £51million buy-out clause in his contract but his prospective suitors believe Benfica could be open to a more-reasonable transfer fee. Grimaldo only joined Benfica in a £1.25m deal from Barcelona in January and the Spanish champions hold the rights to a percentage any future transfer fee. The left back, who can also play in a more-advanced role, has impressed in Portugal’s Primeira Liga to attract the attention of Europe’s top clubs. Last month  City manager Pep Guardiola had been to Lisbon with his brother Pere to watch Grimaldo having seen him rise through the ranks during his time as Barca boss. The post Manchester United To Make Move For Benfica Defender Alex Grimaldo appeared first on 360Nobs.com.
Aston Villa Set To Get Rid Of Manager Roberto Di Matteo  Posted: 02 Oct 2016 04:13 PM PDT

Widespread reports have claimed Aston Villa are ready to end Roberto Di Matteo’s reign after just five months in charge, with the Press Association reporting that Villa are reluctantly preparing to act in the next 24 hours. Villa lost at Preston on Saturday – but Di Matteo was angered by his side’s disallowed goal. According to reports Roberto Di Matteo will be sacked as Aston Villa manager after Tony Jiantong Xia, the club’s owner, accepted that there is little option but to make a change after such a disappointing start to the season. Senior club officials will hold further talks on Monday, with Di Matteo’s departure viewed as a formality and attention already turning to the Italian’s replacement. The early indications are that Steve Bruce, who is out of work, and David Wagner, the manager of high-flying Huddersfield Town, are the leading contenders for the position. Bruce would bring with him experience of winning promotion from the Championship while Wagner has made a stunning impact since taking over at Huddersfield in November last year. However, Di Matteo said after Saturday’s game that he was confident his position was safe. “It’s normal when results are not as expected that everybody questions – it’s part of the job – but I’ve had total support from the club,” said the former Chelsea boss. “There’s a team here that is good, it will come good for us. We will keep working. I have faith in the team that, come the end of the season, they will be up there. “It’s been a bad day at the office for sure. We are 10 points from sixth place, so it’s still all possible.” The post Aston Villa Set To Get Rid Of Manager Roberto Di Matteo  appeared first on 360Nobs.com.
Manchester United Looking To Poach Manchester City Scouts Posted: 02 Oct 2016 04:04 PM PDT

Manchester United have a fine tradition for nurturing youth into prodigious talent but – with the exception of Marcus Rashford – have fallen behind neighbours Manchester City when it comes to stars arriving straight off the academy conveyor belt. To close the gap United are reportedly willing to poach top scouts from the City setup after chief executive Ed Woodward demanded to find out why the Old Trafford had fallen behind. The Sunday Mirror claims United have highlighted four scouts at City they want to cross the divide but could face difficulty in luring them. City have what is widely believed to be the best academy facilities in the world with Brian Marwood, the City chief executive, eager to keep hold of his team there. Manchester United Chief Ed Woodward has made it clear that money is no object by offering the quartet pay-rises of up to 50 percent on what they are earning at the Etihad. One scout has told City that he is leaving for the red side of Manchester. But City chiefs – led by Brian Marwood, who has built City’s Academy and scouting structure over the past eight years – are hopeful that they can keep the three talent spotters who are yet to decide on their futures. at youth level, their results have been so impressive in local derbies that last season United were thinking about refusing to play their rivals after City humiliated their Under-14s team 9-0. United dominated youth development in Manchester for decades. The post Manchester United Looking To Poach Manchester City Scouts appeared first on 360Nobs.com.
West Ham Manager Slaves Bilic To Intervene In Reece Oxford’s Contract Situation Posted: 02 Oct 2016 03:54 PM PDT

West Ham manager Slaves Bilic will personally intervene the persuade Hammers starlet Reece Oxford to reject overtures from Manchester United and remain at the London Stadium. The Sun on Sunday reports Bilic wants the West Ham board to offer the 17-year-old a new bumper deal to keep him in east London. But with a lack of first team opportunities, Oxford is said to be considering his future with Jose Mourinho an admirer. The 17-year-old starred against Arsenal on the opening weekend of last season, but has barely featured under Bilic since – despite being one of English football’s brightest young prospects. One of the problems surrounding Oxford is his contract, as his current deal expires at the end of next season, and West Ham unsurprisingly want him to commit his future to the club. o far, talks have reached an impasse – and The Sun report that manager Bilic is now ready to step in and intervene in a bid to get a new contract for Oxford finalised. Bilic is allegedly urging the West Ham board to give Oxford the new deal he wants in a bid to fend off interest from Premier League rivals Manchester United. Oxford is now believed to be frustrated at his current role, and first-team football is one of the hold-ups in an agreement over a new contract – and Bilic is now allegedly set to intervene to finally get a deal over the line. The post West Ham Manager Slaves Bilic To Intervene In Reece Oxford’s Contract Situation appeared first on 360Nobs.com.
Enugu Rangers Crowned Champions Of Nigeria Professional Football League With N40m Prize Money Posted: 02 Oct 2016 03:51 PM PDT

Rangers International of Enugu have emerged as the champions of the Nigeria Professional Football League for the 2015/16 season after defeating El-Kanemi Warriors 4-0. Enugu Rangers Crowned Champions Of Nigeria Professional Football LeagueEnugu Rangers Crowned Champions Of Nigeria Professional Football League Chisom Egbuchulam was the toast of the Flying Antelopes after his hat-trick silenced El-Kanemi Warriors and then handed Enugu Rangers their first Nigeria Professional Football League title in 32 years.

Imama Amapakabo’s men could have emerged champions after defeating Ikorodu United in Abeokuta, but they had to wait till the last game after Rivers United played a 0-0 draw versus Abia Warriors in Port Harcourt.

READ ALSO: Enugu Rangers Win Nigeria Professional Football League Title

Meanwhile, Rivers United FC of Portharcourt ended as second following their win over Ikorodu United. The NFF president Amaju Pinnick and LMC chairman Shehu Dikko were all in Enugu to present the trophy to the club alongside with the N40 million prize money. The League Management Company had earlier announced that the champions will receive forty million naira as prize money. In a statement, the LMC said that 19 league clubs will share a total of N200m as cash reward for final position aside expelled Giwa FC. See Standings Below:

Pos Team P W D L GS GA +/- Pts
1 Enugu Rangers International FC Enugu Rangers 36 18 9 9 53 37 +16 63
2 Rivers United FC Rivers United 36 19 3 14 38 29 +9 60
3 Wikki Tourists FC Wikki Tourist 36 16 9 11 46 29 +17 57
4 Ifeanyi Uba United (Gabros FC) Ifeanyi Uba 36 16 8 12 37 33 +4 56
5 Lobi Stars FC Lobi Stars 36 16 7 13 41 35 +6 55
6 Sunshine Stars FC Sunshine Stars 36 14 11 11 44 37 +7 53
7 Kano Pillars FC Kano Pillars 36 15 7 14 47 40 +7 52
8 El Kanemi Warriors FC El Kanemi Warriors 36 16 3 17 37 42 -5 51
9 Enyimba International FC Enyimba 36 14 8 14 34 35 -1 50
10 Nasarawa United FC Nasarawa United 36 16 2 18 41 43 -2 50
11 Niger Tornadoes FC Niger Tornadoes 36 15 4 17 40 42 -2 49
12 Plateau United FC Plateau United 36 13 10 13 34 37 -3 49
13 Abia Warriors FC Abia Warriors 36 12 12 12 35 39 -4 48
14 Akwa United FC Akwa United 36 13 8 15 45 46 -1 47
15 Shooting Stars FC (3SC) Shooting Stars 36 14 5 17 42 49 -7 47
16 Mountain of Fire and Miracles FC MFM 36 12 9 15 36 40 -4 45
17 Warri Wolves FC Warri Wolves 36 12 9 15 29 38 -9 45
18 Heartland FC Owerri Heartland 36 11 11 14 25 30 -5 44
19 Ikorodu United FC Ikorodu United 36 7 11 18 32 55 -23 32
20 Giwa FC Giwa 0 0 0 0 0 0 +0 0

Source: Goal.com The post Enugu Rangers Crowned Champions Of Nigeria Professional Football League With N40m Prize Money appeared first on 360Nobs.com.

Juventus Open To The Possibility Of Re-signing Alvaro Morata Posted: 02 Oct 2016 03:40 PM PDT

Juventus CEO Giuseppe Marotta released an interview with Premium Sport before juventus away game against Empoli this afternoon. He said in the interview “It will be a tough game, Empoli have nothing to lose and their motivations are high. The result depends on our performance.” Marotta was also asked about a possible midfield reinforcement which Juventus should sign in January. “Brozovic is a player of Inter and I don’t think that he’ll come to Juventus in January. Inter should keep him in their squad.” “Matuidi was one of our targets. We couldn’t get him, which doesn’t mean we are lacking of experience.” Former Juventus striker Alvaro Morata has been linked with a shock return to the club, here’s the comment of Marotta on the future of the Spanish striker: “There is nothing concrete, but it is a suggestive possibility in footballing terms. We are on very good terms with him and he settled in very well in Turin. Many clubs want to sign him.” The post Juventus Open To The Possibility Of Re-signing Alvaro Morata appeared first on 360Nobs.com.
Ryan Giggs Close To Swansea Job Posted: 02 Oct 2016 03:31 PM PDT

He used to sprint down the wings and now apparently he waiting in them. Ryan Giggs is favourite to replace Francesco Guidolin at Swansea after the Swans sunk to yet another defeat on Saturday. Guidolin admitted defeat to Liverpool could cost him his job so the writing could be on the well after the Reds scraped a 2-1 victory at the Liberty Stadium. The Telegraph reports Swansea will pull the trigger on the Italian in what will be the first Premier League casualty of the season. Giggs, who was not kept on at Manchester United by Jose Mourinho, has reportedly met with the club’s American owners and is the front runner to take over
The Welshman has been out of football since leaving Old Trafford in July but is keen to stake a claim for his first permanent role in management. Huw Jenkins, the Swansea chairman, has been a long-term admirer of the 42-year-old since the dismissal of Garry Monk in December and believes Giggs should be considered as a potential replacement for Guidolin. Giggs was poised to meet with Jenkins before Wednesday’s EFL Cup tie with Manchester City on September 21st before Swansea’s majority shareholders, Steve Kaplan and Jason Levien, blocked the move. But Guidolin has now suffered five league defeats in the last six games and, despite another improved performance in the home defeat to Liverpool, Swansea are reluctantly prepared to make a change. The post Ryan Giggs Close To Swansea Job appeared first on 360Nobs.com.
Steven Gerrard Hails ‘In Form’ Jordan Henderson  Posted: 02 Oct 2016 03:17 PM PDT

Steven Gerrard has hailed Jordan Henderson’s performances for Liverpool this season Henderson has come under considerable scrutiny since taking the armband on Gerrard’s move to LA Galaxy last summer, with this magnified by the 36-year-old’s legendary status. Praising Henderson’s return to form this campaign, Gerrard insisted that Henderson should be valued by his own merit. “I think criticism happens a lot in football, I’ve had it myself. It’s all about different eras,” he said. “We see players described as the next Paul Gascoigne, the next Bobby Moore, the next this, that and the other, and that’s not fair on players. “People have got to judge Jordan Henderson for Jordan Henderson. What does he give to the team, what does he give to his team-mates around him? “I know this kid and he has come out of Sunderland and has gone to a big club. “He didn’t get off to the best of starts—he knows that himself—but he has worked tremendously hard to improve in every single department. “He really cares. He goes home and tries everything he can to be the best at what he does so he should be judged on what he brings to the team.” Henderson has been one of Liverpool’s standout performers this season so far, progressing in a new role at the base of Jurgen Klopp’s midfield three. This culminated in a goal-of-the-season contender in the 2-1 victory away to Chelsea, showcasing the technical quality to complement his industry and defensive application. In his praise for Henderson, Gerrard highlighted his display against the Blues as a marker of his form. “He has shown bits of quality in games this season—especially in the win at Chelsea. “The way he presses, the work rate, the high intensity. He is prepared to do the dirty work. “Then there is his passing which is excellent and look at that goal at Stamford Bridge. “If any other player had scored that goal the world would have gone nuts. That’s the goal of the season for me so far.” Gerrard also tipped his former side for a top-four finish this season, and having lost just once in their first seven league games, taking 16 points from a possible 21, this is certainly feasible. Source The post Steven Gerrard Hails ‘In Form’ Jordan Henderson  appeared first on 360Nobs.com.
Hugo Lloris And Toby Alderweireld To Sign New Tottenham Contracts Posted: 02 Oct 2016 02:54 PM PDT

Tottenham look like they are going to extend the contracts of two of their most important players. The Sunday Mirror reports Hugo Lloris and Toby Alderweireld will join the likes of Harry Kane, Eric Dier and Dele Alli and commit to Spurs and Mauricio Pochettino. Kyle Walker, Christian Eriksen, Danny Rose have also all signed new deals at White Hart Lane as Pochettino looks to build for the future in north London. The Mirror claims that Lloris and Alderweireld, who were among the Lilywhites’ most important players in their Premier League title challenge last term, are close to putting pen to paper. Both players already have three years to run on their current deals at White Hart Lane, but boss Mauricio Pochettino is keen to ensure that neither departs to a rival and will therefore hold talks with the duo next week. Lloris is believed to have verbally agreed to extend his terms in North London prior to heading off for the European Championship finals in France this summer, but a deal could not be struck in time and discussions had to be put to one side. The post Hugo Lloris And Toby Alderweireld To Sign New Tottenham Contracts appeared first on 360Nobs.com.
Government Involved In Sam Allardyce Case  Posted: 02 Oct 2016 02:17 PM PDT

Sam Allardyce lost his job as England manager after a Government minister phoned the FA to demand what action was being taken. The Sun on Sunday reports sports minister Tracey Crouch called FA chief executive Martin Glenn in the wake of reports linking Big Sam to corruption. The call came after pressure mounted on Allardyce after he was caught in a newspaper sting telling undercover reporters how to get around rules on third party ownership. “After Sam’s meeting was made public there was Government contact and that put massive pressure on them to take action,” an FA source told the newspaper. “They wanted to know about the reports of corruption and how it was being tackled.” The post Government Involved In Sam Allardyce Case  appeared first on 360Nobs.com.
14 Killed In Congo Train Attack Posted: 02 Oct 2016 01:39 PM PDT

The Republic of Congo police has disclosed that 14 people have been killed including children and two soldiers in an attack on a train in the country’s southeast. According to police officials, the attack took place near the Mindouli train station in the Pool region, 200 kilometers (124 miles) south of Brazzaville, the capital. It was gathered that attack was carried out on Friday by former Ninja Nsiloulou fighters of ex-rebel chief Frederic Bintsamou, otherwise known as Pastor Ntumi, in the town of Mindouli in the Pool department.

“The ninjas killed 14 people… including children. They keep carrying out more and more terrorist acts,” said police spokesman Jules Monkala Tchoumou. “It is horrific.”

The Congolese government has faulted the militia’s former leader, Bitsangou, who became high commissioner for peace after a 2003 peace deal in the central African nation. Bintsamou came out in favour of presidential candidate Guy-Brice Parfait Kolelas, who lost to longtime leader Denis Sassou Nguesso in elections in March, which the opposition say was marked by massive fraud. Bitsangou has been missing since the April attacks, which came weeks after longtime President, N’Guesso’s re-election. The Republic of Congo has been on edge since a constitutional referendum last October ended a two-term limit on presidential mandates, allowing the 72-year-old head of state to extend his 32 years in power. The post 14 Killed In Congo Train Attack appeared first on 360Nobs.com.

Steven Gerrard Could Make EPL Return  Posted: 02 Oct 2016 01:33 PM PDT

Former Liverpool captain Steven Gerrard could be about to end his sojourn in America and consider a return to England. The 36-year-old has just two months left on his current LA Galaxy contract and is yet to open talks on a fresh deal. The Sunday Mirror reports Gerrard wants to extend his playing career even if it means leaving the MLS. “I’m wondering whether I should play on for a little bit longer or whether I should call it a day. I haven’t 100 per cent decided on that yet. “I still enjoy playing. I still love coming into training, I still love competing, so if I can carry on and there are opportunities to stay here or go somewhere else for another six months or 12 months then I’ll consider it. But if nothing comes up I’ll try and fly through the coaching badges and see what happens down that road.” “I’m around 60 per cent through my A licence and I’m hoping to have that finished by the end of the year so we’ll go from there.” The post Steven Gerrard Could Make EPL Return  appeared first on 360Nobs.com.
Tale Of A Bitter Global Recession Posted: 02 Oct 2016 01:09 PM PDT

Tale Of A Bitter Global Recession, By Grace Ameh Ronald Reagan, it was, who stated that “Recession is when your neighbour loses his job. Depression is when you lose yours.” Generally, a recession is a fall in the level of economic activity. An economic recession is the debility of gross domestic product (GDP), capacity utilisation and employment rate for two or more consecutive quarters. A decline after a short period of time cannot be classified as a recession. The National Bureau of Economic Research’s (NBER) Business Cycle Dating Committee defines a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough.”

This piece was written by Grace Ameh. The views and opinions expressed here are those of the author and do not necessarily reflect the official policy or position of 360Nobs.com.

Several reports show that many economies are presently facing or are on the path to recession. Countries such as Ireland, Zimbabwe, Angola, and Venezuela are in recession. According to Bloomberg, some countries most likely to hit recession over the next one year for various reasons include Russia, Argentina and Ukraine, with a 60 percent chance; Brazil with 75 percent; and Taiwan 55 percent. Greece and the United States have also been viewed as likely economies to experience recession. The National Bureau of Statistics (NBS) maintained that Nigeria hit recession in the second quarter of the year, and had a decline by -2.06 percent year on year in real terms; from the oil sector real growth was -17.48 percent year on year and the non-oil sector dropped by 0.38 percent in real terms all in the second quarter of 2016. The non-oil sector was affected due to the fact that some industries in that sector are dependent on the oil sector, regardless of the positive growth in a few of the industries in the non-oil sector. Causes of an Economic Recession Politics revolves around economics and vice versa. In terms of employment, comparing the fourth quarter of 2015 and the 1st quarter of 2016, we see that in quarter four (Q4) of 2015, there was an increase of 5.1 percent and in the first quarter of 2016, there was a rapid decrease of 84.1 percent. In the case of GDP, the fact that oil revenue is the highest source of government foreign exchange revenue has greatly caused a sharp decline in the total revenue generated as a result of low oil prices and the consistent vandalism of oil pipelines by the “Niger Delta Avengers” and other illegal activities. Oil price decline has been one of the greatest causes of the recession and this has greatly affected other sectors of the economy. Source: National Bureau of StatisticsSource: National Bureau of Statistics Analysing GDP from the Two Main Sectors – Oil and Non-Oil All sectors in the economy from mining and quarrying, construction, trade, arts, entertainment and recreation, health, finance and insurance fell and had negative impact on the GDP. Accommodation and food services had no significant change, while information and communication experienced a fall, even if still a positive contribution to GDP. Transport and storage grew, but less than in preceding quarters. On the other hand, public administration had positive growth. Manufacturing, real estate services, electricity, gas and steam supply, education, as well as agriculture and other sectors experienced positive growths. Some of the causes of recession in the case of Nigeria can be seen from our reality of being a mono-producing economy and the issue of us being mainly consumers. People exaggerate the idea of recession like it’s the final stage of failure. Recession is not the end. Many countries have been in recession and have bounced back stronger. The only control is to take measures that would not settle on the tables of government officials but are stringent and implemented unambiguously by the government, as well as individuals. People now realise that they cannot continue with their usual tastes, spend as they used to, as the prices in the market keep shooting high; that’s fine, but if money is not pumped into the economy and individuals do not spend, how can we come out of a recession? The appropriate thing to do is to look at what consumptions habits to curb and how to improve on investment, government expenditure and net exports. Nigerians realise that the fall in the value of naira exacerbated this recession. The naira has greatly depreciated and even those who have no business transacting in dollars still complain of the naira devaluation because of the complex value chains that exists among goods and services and the need for people to recover costs and hedge themselves against galloping stagflation by every means. It is a case of ‘survival of the fittest’; Charles Darwin’s very nightmare going on in Nigeria with those who don’t have much to sell or to gain extra income bearing the full brunt! This recession has caused Nigerians to ask “to be or not to be for the present government?” The delay in passing the budget has been a drawback for the economy but we can still say that it is better delayed than exploited. We will surely bounce back but a lot of hard work is in front of us! Grace Ameh, an Economist, writes from Abuja.

This piece was written by Grace Ameh. The views and opinions expressed here are those of the author and do not necessarily reflect the official policy or position of 360Nobs.com.

The post Tale Of A Bitter Global Recession appeared first on 360Nobs.com.

Ranieri Admits Leicester Lucky To Escape With A Point Posted: 02 Oct 2016 01:02 PM PDT

Leicester City head coach Claudio Ranieri has admitted the foxes were lucky to escape with a 0-0 draw against Southampton. Puel’s men were the better of both sides in the encounter with Charlie Austin hitting the bar and missing the opportunity to win all three points for Southampton. And even though the foxes threatened at times, Ranieri will not deceive himself with the notion that his team was not second best. “I thought Southampton deserved to win,” the Italian told the club’s official website. “They had more chances and better control today. We have to continue to work. “I’m happy with the point because we conceded too many chances. Fortunately for us, Kasper Schmeichel made good saves. “It’s a new experience, adapting after Champions League [games]. Southampton made seven changes today and maybe that’s why they were better. “The other teams are very worried with our counter-attack and they try to stop us every time. We have to find the solution. “But a clean sheet, a point and, once again, our fans gave us so much energy. I recognise they played better than us, fortunately we finished with a draw from the match.” The post Ranieri Admits Leicester Lucky To Escape With A Point appeared first on 360Nobs.com.
Top Actress, Rahama Sadau Expelled From Hausa Movie Industry For Featuring In Romantic Musical Video Posted: 02 Oct 2016 12:43 PM PDT

Top Kanywood actress, Rahama Sadau, has been banished from the Hausa Movie Industry for featuring in a romantic musical video. Premium Times authoritatively gathered that the prominent Kanywood actress was banished from the Hausa Movie Industry for featuring in a romantic musical video by Jos born singer, ClassiQ. Kannywood Actress, Rahama Sadau Expelled From Hausa Movie Industry For Featuring In ClassiQ VideoKannywood Actress, Rahama Sadau Expelled From Hausa Movie Industry For Featuring In ClassiQ Video Click Here To Watch Video According to the online Newspaper, the Motion Pictures Practitioners Association of Nigeria has expelled Kannywood actress, Rahama Sadau, from the Industry for her role in a romantic musical video by the Jos born singer. The association issued the actress’ expulsion in a statement signed by Salisu Mohammed, the Secretary of the association on Sunday. In the four minutes romantic musical video titled, ‘I love you’, which was released last week Monday, Sadau played the role of a female lover in the video, hugging her man. She took to her Instagram page and shared the video with the caption (below):

“Special thanks to the director of this amazing masterpiece. I appreciate you. You should all watch and review back. I know you will like it.”

However, some fans of the popular actress verbally attacked her for the role she played in the video. Meanwhile, the association also warned other actors and actresses to henceforth follow the rules binding their participation in the Kannywood film industry. More details to be added as the story develops… The post Top Actress, Rahama Sadau Expelled From Hausa Movie Industry For Featuring In Romantic Musical Video appeared first on 360Nobs.com.

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