DANIEL DAGA HAS BEEN SENTENCED TO SIX MONTHS IN PRISON BY A NORWEGIAN COURT AFTER BEING FOUND GUILTY OF COMMITTING A SEXUAL ACT WITHOUT CONSENT.(PHOTO).

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  🇳🇴 Daniel Daga Sentenced by Norwegian Court, Appeals Verdict Molde FK midfielder Daniel Daga has been sentenced to six months in prison by a Norwegian court after being found guilty of committing a sexual act without consent. The Nigerian midfielder joined Molde FK from Enyimba just a year ago as one of the promising young talents to move from the NPFL to Europe. However, Daga has appealed the ruling through his lawyer, meaning the decision is not yet legally final and the case will continue through the Norwegian judicial system. Molde FK have also confirmed that the midfielder will not be included in the club’s matchday squad until further notice while the legal process continues.
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EGYPTIAN CENTRAL BANK GOVERNOR RESIGNS. (PHOTO).

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 Cairo August 17 2022: Egyptian central bank Governor Tarek Amer resigned, a shock decision one day before an interest-rate meeting and with pressure mounting on the currency.


Amer was appointed as an adviser to President Abdel-Fattah El-Sisi, the state-run Middle East News Agency reported Wednesday. No further details were given on his resignation, and it didn’t say who would be the next governor.


Derivatives traders added to bets for a weaker pound. In the non-deliverable forwards market, the three-month contract was around 21.1 per dollar Wednesday, compared with 20.4 on Tuesday. The spot rate slipped 0.1% to 19.16 against the dollar in the offshore market.

The departure adds more uncertainty for an economy that’s under pressure from the spillover effects of Russia’s invasion of Ukraine. Amer’s drama-filled tenure included a steep currency devaluation during his first four-year stint and another in March.


Under Amer, who started his new term in January 2020, Egypt became a prime destination for hot money by keeping its currency stable and boasting the world’s highest interest rates when adjusted for inflation. Soaring consumer prices in 2022 have eroded that advantage, although a slight majority of economists surveyed before the governor’s departure expect Egypt to hike rates for the third time this year at a meeting scheduled for Thursday.

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