Thursday, July 11, 2019

Tag "egypt"

    Egypt slashes fuel subsidy to ease economic pressure

Egypt slashes fuel subsidy to ease economic pressure

The Egyptian government has slashed fuel subsidies in a bid to ease pressure on public finances.The development, which took effect on Friday, is part of its three-year economic overhaul backed by the International Monetary Fund (IMF) to curb government spending.Before the slashing, gasoline, diesel, kerosene and fuel oil were sold at 85-90 percent of their international cost.The development will raise [...]

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    AFCON 2019: Ighalo on point as Eagles ‘swallow’ the Swallows of Burundi

AFCON 2019: Ighalo on point as Eagles ‘swallow’ the Swallows of Burundi

Nigeria started its 2019 Africa Cup of Nations (AFCON) campaign on a positive note with a 1-0 victory over debutants Burundi at the Alexandria Stadium on Saturday.It was a hard fought game on the part of the Super Eagles who had to dig deep to pick maximum points in the Group B cracker.There were good chances in the early minutes [...]

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    Fatma Samoura to be ‘high commissioner for Africa’ as CAF begs FIFA for reforms

Fatma Samoura to be ‘high commissioner for Africa’ as CAF begs FIFA for reforms

Emergency Executive Committee of Confederation of African Football (CAF) has pleaded with Fifa to help conduct a forensic and administrative review of the body.The emergency ExCo of Caf met on Wednesday at the Marriot Hotel in Cairo which is the base of the 2019 Africa Cup of Nations to finalise the decision.This is the first time a Confederation will ask [...]

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    Fifa Rankings: Nigeria goes into Afcon as 3rd in Africa — 45th on the globe

Fifa Rankings: Nigeria goes into Afcon as 3rd in Africa — 45th on the globe

Seven days to Africa Cup of Nations kick-off, Nigeria dropped three spots down from 42nd to 45th in FIFA's latest ranking.According to the rankings released on Friday by the world footballing body, the Super Eagles maintain its 3rd position on the continent.The Super Eagles dropped from its April points of 1435 to 1432.The Eagles on Saturday took on Zimbabwe in [...]

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    Salah, Mane, Aubameyang share 2018/19 EPL Golden Boot

Salah, Mane, Aubameyang share 2018/19 EPL Golden Boot

Africa's trio of Mohamed Salah, Sadio Mane and Pierre-Emerick Aubameyang are all English Premier League Golden Boot winners for the 2018/19 campaign season.The trio netted 22 times in the EPL with Manchester City's Sergio Aguero just missing out on the party with 21 goals for the season.Salah won the Golden Boot during his first campaign at Anfield in the 2017/18 [...]

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    ITTF: Solanke, Mati shine as Nigeria dethrones Egypt in boys’ singles

ITTF: Solanke, Mati shine as Nigeria dethrones Egypt in boys’ singles

The dominance of Egypt in the boys singles of the ITTF African Junior and Cadet Championship was brought to an end by Nigeria's Azeez Solanke who won the junior boys’ singles title.Solanke partnered Jamiu Ayanwale to claim the junior boys doubles gold as well.In both disciplines, on the concluding day of play, Solanke ended Egyptian hopes.In the junior boys’ singles [...]

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    Nigeria, Egypt in Pot 1 as CAF holds AFCON 2019 draw Friday

Nigeria, Egypt in Pot 1 as CAF holds AFCON 2019 draw Friday

Nigeria has been seeded in Pot 1 for the 32nd Africa Cup of Nations finals draw ceremony which will hold in Cairo, Egypt, on Friday evening.It is scheduled to take place behind the famous Giza Pyramids as from 6pm GMT (7pm Nigeria time).It is the biggest Africa Cup of Nations finals in the history of the competition, due to feature [...]

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    Egyptian president honours Nigeria’s Adekola for his role in shaping the future of education

Egyptian president honours Nigeria’s Adekola for his role in shaping the future of education

Loius Adekola, the founder of Ambassadors of Africa, has been honoured by Egyptian President Abdelfattah El-Sisi as one of the 12 young persons from Africa and the Arab region, playing a great role in shaping the future.Adekola was honoured for his role in "educational advancement" on the continent, acknowledging his works "towards transforming education in Africa especially through his organization the [...]

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    Report: Nigerians now 6th most miserable people in the world

Report: Nigerians now 6th most miserable people in the world

Data compiled by Steve Hanke, an economist from John Hopkins University in Baltimore, US, has classified Nigerians as the sixth "most miserable people in the world".The Misery Index was calculated using economic indices including unemployment, inflation and bank lending rates.For Nigeria, the unemployment rate was the major contributing factor."The original Misery Index was just a simple sum of a nation’s [...]

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    Onuachu’s goal parts Red Sea as Eagles fly past stubborn Pharaohs

Onuachu’s goal parts Red Sea as Eagles fly past stubborn Pharaohs

Super Eagleswarmed up for the 2019 Africa Cup of Nations with a 1-0 victory over Egypt at the Stephen Keshi Stadium on Tuesday night.Nigeria coach Gernot Rohr examined some new faces when his team faced the Pharaohs in the friendly match.John Ogu, Ebere Onuachu, Henry Onyekuru, Moses Simon and Daniel Akpeyi were all given the chance to shine.Egypt gaffer Javier [...]

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    Ighalo, Iwobi are early birds in Eagles’ camp for Egypt clash

Ighalo, Iwobi are early birds in Eagles’ camp for Egypt clash

Odion Ighalo, Alex Iwobi and Semi Ajayi were among the first arrivals in the Super Eagles’ camp in Asaba on Monday as the countdown began for Friday’s 2019 Africa Cup of Nations qualifying match against the Pirates of Seychelles.Three-time African champions Nigeria have already made sure of a place at the Africa Cup of Nations holding in Egypt this summer, [...]

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    Rohr drops Iheanacho as Musa, Ighalo, return to face Seychelles

Rohr drops Iheanacho as Musa, Ighalo, return to face Seychelles

Super Eagles technical adviser, Gernot Rohr, dropped Leicester city forward, Kelechi Iheanacho, from twenty-three man list for this month’s Africa Cup of Nations qualifier against the Pirates of Seychelles and the friendly against Egypt’s Pharaohs.On the list is stand-in Ahmed Musa, in-form CD Leganes of Spain defender Kenneth Omeruo alongside usual suspects Leon Balogun, Abdullahi Shehu and William Ekong, as well [...]

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    ‘Give me a chance with Eagles’ — Israel-based Ofoedu begs Rohr

‘Give me a chance with Eagles’ — Israel-based Ofoedu begs Rohr

Chikeluba Ofoedu, Maccabi Tel Aviv attacker, has called on Gernot Rohr to give him a chance to prove himself with the Super Eagles.Since moving to Europe after emerging as the revelation of the 2011/2012 Nigerian league season, Ofoedu has continued to impress in front of goal.The attacker scored his seventh goal for Maccabi Tel Aviv when they drew 1-1 with Hapoel [...]

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    CAF Awards: Again, Salah is crowned king of Africa

CAF Awards: Again, Salah is crowned king of Africa

Egypt's Mohamed Salah has been crowned the 2018 Confederation of African Football (CAF) player of the year.He beat his Liverpool teammate Sadio Mane and 2015 winner, Pierre-Emerick Aubameyang, to the gong.The winners were unveiled at the awards gala on Tuesday in Dakar, Senegal.Banyana Banyana's Christina Thembi Kgatlana won women's player of the year ahead of Super Falcons duo of Asisat [...]

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    Egypt wins right to host 2019 AFCON

Egypt wins right to host 2019 AFCON

The Confederation of African Football (CAF) has given Egypt the right to host the 32nd Africa Cup of Nations (AFCON).The decision was reached at the CAF executive committee meeting held on Tuesday at the Terrou-Bi Hotel in Dakar, Senegal.A 16 to one vote by the executive committee members won Egypt the hosting rights.It will be the fourth time Egypt will [...]

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    Pinnick: CAF will pick best between Egypt, S’Africa to host AFCON

Pinnick: CAF will pick best between Egypt, S’Africa to host AFCON

Amaju Pinnick, president of Nigeria Football Federation (NFF), says the most qualified country between Egypt and South Africa will be chosen to host the 2019 Africa Cup of Nations.Pinnick, who is also CAF first vice-president, said his committee has analysed the strengths of both nations and will advise CAF on the better option ahead of Wednesday’s meeting of the executive [...]

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Exchange Rates

July 08, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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