Monday, 9 November 2015

Falvour another Tuface in the making ...refusing to turnup for his baby N02 dedication

                   
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Celebrated singer, Flavor, was a no show yesterday as one of his babymamas, Anna Banner, dedicated their daughter, Sophia, in church. There are however speculations that he probably decided not to
show up so as not to create unnecessary distraction or because the church would frown at it since they’re not yet married.
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Naira On Free Fall As BDCs Demand For BVN

Following the implementation of the presentation Bank Verification Number to consummate any foreign exchange transaction by banks and Bureau De Change (BDC) operators across the country, the value of the naira has begun a free fall at the parallel market.
The naira which sold at N227 to the dollar at the beginning of last week had lost value as customers and BDC operators tried to avoid being caught up by the various rules guiding against foreign exchange trading and money laundering.
The presentation of the BVN for the consummation of foreign exchange transactions according to the Central Bank of Nigeria (CBN) is to guide against money laundering, ensure transaparency and conserve the nation’s foreign exchange reserves.
The rule had taken effect on Monday last week November 1, 2015. Consequently the value of the naira had gained against the dollar at the parallel market whilst the official and interbank market remained relatively stable.
According to the Managing Director and Chief Executive of Fiancial Derivatives Company Linimted, Bismarck Rewane, “the requirement that BDCs should submit BVNs, sent the forex market into turmoil and the naira reeling to N233 to the dollar.”
Rewane speaking at an executive breakfast meeting at the Lagos Business School noted that BDC operators and their clients had become afraid of money laundering rules and indictments as the “new BVN rule roiled the markets.”
Traders at the market said the parallel market witnessed an upsurge in demand for foreign exchange as buyers bypassed the BDC operators due to tight regulation by the Central Bank of Nigeria. The apex bank had last weekend issued a statement mandating banks and licensed BDCs to demand the BVNs before selling foreign exchange to their customers.
“The adoption of BVN as a condition for the purchase of FOREX is expected to reduce the incidence of multiple purchases, round tripping and illicit transfer of funds.
“It facilitates enforcement of authorised limits of forex sales to end users, sanitise the retail segment of the market and engender policies that will facilitate better allocation of forex, based on genuine demands,” CBN said.
The naira remained stable at N197 at the CBN window while it sold at N199 at the interbank market. Meanwhile the external reserves continued to deplete, declining by 0.69 per cent in October to $30.19 billion. This provides an import cover of 4.89 months of goods and services for the country.

Apart from winning the under 17 fifa title.. Nigeria players still winnng additional individual award



With an outstanding team packed with talented players, Nigeria successfully defended their crown at the FIFA U-17 World Cup Chile 2015. Furthermore, the west Africans took centre stage when it came to the individual honours too.
Top scorer Victor Osimhen and captain Kelechi Nwakali both made their mark on the competition, and after winning the adidas Golden Ball as the tournament’s best player, the latter followed in the footsteps of Cesc Fabregas and Toni Kroos, who are now key members of the senior sides with their respective national teams. Osimhen set a new U-17 World Cup goalscoring record, while Mali’s Samuel Diarra and Ecuador’s example of Fair Play were also recognised in the honour’s list established and overseen by FIFA’s Technical Study Group (TSG).
Read on to find out who else is travelling home with extra silverware in their luggage.
adidas Golden Ball: Kelechi Nwakali (Nigeria)The captain of the Golden Eaglets was included in Nigeria’s provisional squad ahead of the 2013 edition, but was not named in the final party that went on to win the title. Here, however, the playmaker was the first to lift the trophy aloft. Coach Emmanuel Amuneke’s right-hand man out on the pitch, he shouldered responsibility and kept a cool head in difficult moments. He scored three goals, including two penalties, and provided a further three assists, a haul that also brought him the adidas Bronze Boot.
adidas Silver Ball: Victor Osimhen (Nigeria)Even before the tournament kicked off in Chile Osimhen was touted as a favourite to win the adidas Golden Ball, having scored 39 goals in 71 outings for his country at that point, and finished as top scorer at the U-17 African Championship in March. The striker, who names Côte d’Ivoire forward Didier Drogba as his role model, more than lived up to expectations in Chile after finding the net in all seven games at the competition. Osimhen put his side 1-0 up on four occasions and his effort in the final – his tenth goal overall – set a new tournament record, beating the previous best-mark set by Côte d’Ivoire’s Souleymane Coulibaly in 2011 and France’s Florent Sinama Pongolle in 2001. Osimhen duly finished as top scorer in South America, and would doubtless not begrudge his team captain, of all players, pipping him to what would have been a second golden award.

adidas Bronze Ball: Aly Malle (Mali)Alongside Boubacar Traore, Sekou Koita and Sidiki Maiga, Malle formed part of an impressive attacking line-up that put opponents under pressure right from the off. Operating as a nominal striker, the No9 often dropped deep to pick up the ball and brought his team-mates into the game on countless occasions.
adidas Golden Boot: Victor Osimhen (Nigeria/10 goals, 2 assists)
adidas Silver Boot: Johannes Eggestein (Germany/4 goals, 0 assists)Eggestein’s best performances for Germany came in the group stage, where he found the target four times in three matches to go joint-top of the scorers’ chart alongside Osimhen after the first phase of the tournament. Although the striker, who plays for Bundesliga club Werder Bremen, was unable to add to his tally after Germany were eliminated by Croatia in the Round of 16, he still did enough to win the adidas Silver Boot. “My strengths are my ability to anticipate a pass and my versatility,” Eggestein said in an interview with FIFA.com. His self-analysis is backed up by the statistics: he scored twice with his left foot, once with his right and once with his head.
adidas Bronze Boot: Kelechi Nwakali (Nigeria/3 goals, 3 assists)
adidas Golden Glove: Samuel Diarra (Mali)For the fourth time in tournament history, the best goalkeeper of the finals was presented with an award. Following Benjamin Siegrist (Switzerland, 2009), Jonathan Cubero (Uruguay, 2011) and Dele Alampasu (Nigeria, 2013), this time the winner was Samuel Diarra, who reached the final with African champions Mali and routinely frustrated opposition strikers with some spectacular saves. The custodian dazzled in South America with his incredible reflexes and command of his penalty area, while he conceded fewer goals than any other goalkeeper at these finals, letting in just four in seven games.
FIFA Fair Play Award: EcuadorIn 1995 Ecuador posted their best achievement at an U-17 World Cup by reaching the quarter-finals on home soil. Now, 20 years on, the latest crop of players equalled that feat in Chile, and did so while winning over the hearts of the fans. In their five games at the tournament, the South Americans only committed 69 fouls, collected just four yellow cards and had one sending off for a second bookable offence, making coach Jose Rodriguez’s charges worthy winners of the FIFA Fair Play Award. Alongside a trophy, medals and a certificate, the Ecuadorian FA will also receive prize money of $10,000 USD, which can only used for football equipment for youth teams.

Back to Back winnning Nigeria being the first ever under 17 in the world to win the cup by beating Mali 2-0. this making it their Fifth title

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Apart from winning the trophy for a record five times, the Nigerian team also became the second team to win the championship back to back after Brazil achieved the feat in 1997 and 1999. Eaglet’s gangling striker, Victor Osimhen also became the tournament’s all-time leading goal scorer with 10 goals after scoring the first goal with a well-taken kick against the Malians in the 56th minute. His strike partner, Funsho Bamgboye scored the second goal of the mouth-watering encounter in the 59th minute.

The Nigerians were the faster off the blocks, winning a penalty kick in the third minute after a Malian defender handled the ball in the vital area. Ebere Osinachi’s kick was well saved by the Malian goalkeeper and a follow up header from Osinachi hit the cross, while another kick by the player was blocked by the Malian defence.