On Air Now:
Now Playing:Loading...
site loader
January 2, 2025 La Liga: Ancelotti Announces Injured Defender’s Return to Squad in January

La Liga: Ancelotti Announces Injured Defender’s Return to Squad in January

Real Madrid manager Carlo Ancelotti has confirmed that defender David Alaba is set to rejoin the squad this month following a lengthy injury layoff.

Alaba has returned to training and is expected to be match-ready by January 20.

"David Alaba is close to playing games; he will be ready by January 20," Ancelotti stated. "We will rotate more now, especially in defense."

When questioned about potential signings during the winter transfer window, Ancelotti remained non-committal. "January signings? It’s not easy to talk about this topic now. We will see," he said.

Real Madrid will kick off their 2025 campaign against Valencia on Friday night.

January 2, 2025 Wizkid Sets Record as First African Artist to Surpass 8 Billion Streams on Spotify

Wizkid Sets Record as First African Artist to Surpass 8 Billion Streams on Spotify

Nigerian superstar Wizkid has achieved a remarkable milestone as the first African artist to surpass 8 billion streams on Spotify. This impressive figure includes both his solo tracks and collaborations.

His most streamed song on the platform is the chart-topping hit "One Dance," a collaboration with Canadian artist Drake, which has garnered over 2 billion streams. "One Dance" also holds the prestigious Guinness World Record for the first single to reach 1 billion streams on Spotify.

Wizkid’s most streamed album on Spotify is the deluxe edition of his fourth studio album, Made in Lagos, which has amassed nearly a billion streams.

In comparison, Burna Boy has reached 7.2 billion streams, securing his place as the second most streamed African artist on the platform. He also holds the title of the most followed Afrobeats artist on Spotify.

January 2, 2025 27% Inflation Target Achievable, Tinubu’s 15% Goal Ambitious — Rewane

27% Inflation Target Achievable, Tinubu’s 15% Goal Ambitious — Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has described President Bola Tinubu's 15% inflation target for 2025 as "aspirational" and "bullish." Speaking during a monitored program on Thursday, Rewane expressed skepticism about the feasibility of the target, emphasizing the gap between aspirations and economic realities.

During the presentation of the 2025 ₦49.7 trillion budget before the National Assembly on December 18, 2024, Tinubu projected a significant decline in Nigeria's inflation rate from 34.6% to 15% by the end of 2025. However, Rewane questioned the realism of this forecast, suggesting a more moderate decline is likely.

"The target is an aspiration; the reality, as we see it, is that inflation could drop from approximately 35% to somewhere between 27% and 25%. A 15% inflation rate is very bullish and aspirational, but aspirations are fine to have," Rewane said. "We operate in the realm of reality, and in reality, 27% to 25% seems more achievable. I’d rather bet on that than overly optimistic scenarios."

At the start of Tinubu’s presidency in May 2023, Nigeria’s inflation rate stood at 22.41%, according to the National Bureau of Statistics (NBS). By November 2024, it had surged to 34.6%, marking a sharp increase of over 12%. Experts attribute this spike to the economic impacts of Tinubu's twin policies: the removal of petrol subsidies and the unification of forex rates.

Rewane’s analysis underscores the challenges of achieving significant inflation reduction in a volatile economic environment, highlighting the need for realistic targets amidst bold aspirations.

January 2, 2025 ASUU Declares 2025 as a Year of Prolonged Struggle with Federal Government

ASUU Declares 2025 as a Year of Prolonged Struggle with Federal Government

The Academic Staff Union of Universities (ASUU) has warned that 2025 may see prolonged disputes with the Federal Government if critical issues and unmet expectations remain unresolved. The union criticized the Federal Government's efforts in 2024, describing them as superficial and ineffective in addressing the challenges facing Nigeria’s university system. According to ASUU's Ibadan chapter chairman, Prof. Ayo Akinwole, the uninterrupted academic calendar of 2024 was achieved solely due to the sacrifices of the union, not because the government had resolved the pressing issues.

ASUU accused the government of neglecting its commitments, including providing funding for public universities, addressing arrears of Earned Academic Allowances (EAA), paying withheld salaries, and implementing the University Transparency and Accountability Solution (UTAS). The union also criticized the government's plan to renegotiate existing agreements and urged it to instead review and sign the Nimi Briggs-led draft agreement. It further condemned the policy setting the age benchmark for university admission at 18, calling it inconsistent and poorly conceived.

ASUU reiterated its demands for the immediate payment of withheld salaries, the release of funding for university revitalization as stipulated in past agreements, and the full implementation of UTAS. It also called for restoring university lecturers’ salaries to the African average, as agreed in 2009, and for abandoning policies aimed at commodifying university education. Instead, ASUU advocated for free and well-funded education, drawing examples from countries like Germany.

The union also rejected proposed tax reforms that would replace the education tax with a development levy, arguing that this would undermine the sustainability of the Tertiary Education Trust Fund (TETFund), a key source of infrastructural funding for public tertiary institutions. ASUU warned that such reforms threaten the survival of the university system, with potentially devastating consequences for Nigeria’s education sector.

ASUU criticized the Federal Government's 2025 education budget allocation of 7%, which it deemed insufficient and far below the internationally recommended benchmark of 15%-20% for underdeveloped countries. The union expressed concern that inadequate funding would worsen infrastructural decay and deepen the challenges facing the education sector.

ASUU cautioned that the government’s continued lack of commitment could lead to renewed industrial action and disruptions in 2025. The union called on its members to remain vigilant and united, prepared to tackle any challenges that may arise. ASUU emphasized the need for the government to prioritize education, address unresolved issues, and take decisive action to avoid another crisis in Nigeria’s university system.

Watch Live

x
PHP Code Snippets Powered By : XYZScripts.com
X