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South Africa’s Sundowns To Get Uzoenyi

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Ejike Uzoenyi will return to his mother club, Mamelodi Sundowns, after his loan deal at Enugu Rangers is officially over.

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Kickoff reports that the winger was given a break after his 2014 FIFA World Cup participation ended.

The Nigeria Premier League starts next week, but Uzoenyi won’t participate anymore with Rangers.

Uzoenyi’s manager told reporters that he needed a rest to enable himself to recover from the effects of playing non-stop football for the past 18 months.

“He [Uzoenyi] is still in Nigeria but his loan deal at Rangers expired on June 30. He should now be heading to his parent club Sundowns and will actually be reporting for training within the next 10 days because he has played a lot of football over the past year,” one of his representatives told KickOffNigeria.com.

The only appearance of Ejike Uzienyi at the 2014 FIFA World Cup was on 75th minute of the crucial Nigeria vs Bosnia-Herzegovina match on June 21, 2014.

The Super Eagles secured 1-0 victory and were able to send Bosnia & Herzegovina back home.

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“Please If Anything Happens To Me, It Wasn’t Ordinary” – Ex BBN Ifu Ennada

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“Please If Anything Happens To Me, It Wasn’t Ordinary” – Ex BBN Ifu Ennada

Nigerian reality TV star and actress, Ifu Ennada has disclosed that she is being threatened over her involvement with the ongoing #endsars protests.

The former BBNAIJA housemate told her fans that if anything bad happens to her, they should be aware that it isn’t ordinary, because she’s getting threat messages from anonymous people.

She wrote;

“They are threatening me! Guys the people where I live are getting calls that I should stop posting about these things.

Please if anything happens to me, just know that it wasn’t ordinary. I’m not posting things that aren’t happening or things that others are not already posting”.

She further mentioned that her location is currently off, and she isn’t home, so no one can trace where she is.

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Hoodlums attack Nnewi police station, release motocycles impounded by police

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Hoodlums attack Nnewi police station, release motocycles impounded by police

Trending online is the news of Some hoodlums who have attacked the Nnewi police station before releasing motocycles impounded by the police.

The station was also set on fire.

A video of the hoodlums celebrating after releasing the motorcyles has circulated on social media.

Watch video below:

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#EndSARS: Nigerian stock market investors lose N113.1 billion

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The Nigerian stock market could not sustain the bullish performance recorded earlier in the week as the market, Wednesday, plunged by 0.75 per cent following the curfew announced by the Lagos State as a result of the protest by Nigerian youths against police brutality, tagged #EndSARS.

Market analysts have expressed skepticism about bullish performance in subsequent trading sessions this week; even as investors position ahead of the third quarter, 2020 (Q3’20) earnings releases.

The analysts noted that foreign investors are always wary of insecurity in any economy and would begin to halt investments.

Analysts at InvestData Limited said: “We expect this volatility to continue, even as high Dividend Yields attract inflow to equity assets, ahead of the peak period of the Q3 earnings reporting season and momentum associated with earnings season in the midst of crude oil price oscillation.”

Meanwhile, investors on the Nigerian Stock Exchange, NSE, lost N113.1 billion as market capitalisation, which represents the total value of stocks traded on the Exchange fell to N14.9 trillion while Year to Date, YtD return weakened to 6.0 percent.

Sell pressures dominated today’s trading session as investors booked gains from MTN Nigeria which dropped -1.4 percent followed by Guinness Nigeria -5.9 percent and ARDOVA -6.3 percent.

As a result, the NSE All-Share Index, ASI declined 75 bases points, bps or 0.7 percent to 28,449.49 points.

Activity level improved as volume and value traded rose by 9.8 percent and 44.3 percent to 326.6million units and N4.2billion respectively. The most traded stocks by volume were UBA (40.3million units), Zenith Bank (39.6million units) and Guaranty Trust Bank (38.3million units) while Guaranty Trust Bank (N1.1billion ), Zenith Bank (N800.9million) and Nestle (N479.9million) led by value.

Performance across sectors was lacklustre as all indices lost except Insurance index (0.6 percent) which was buoyed by price appreciation in WAPIC (10.0 percent). The Banking index lost the most, down 1.7 percent following losses in Guaranty Trust (-1.3 percent) and Zenith Bank (-1.2 percent).

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