ARSENAL SET TO OPEN NEW CONTRACT TALKS WITH SAKA. (PHOTO).

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 Arsenal set to open new contract talks with Saka Arsenal are set to open formal talks with Bukayo Saka over a new contract as the forward enters the final two years of his current deal. Saka has been unavailable since December after sustaining a serious hamstring tear in the victory over Crystal Palace at Selhurst Park - an injury that eventually required surgery. But his importance to Mikel Arteta's team remains unquestioned with the club preparing to meet the player's representatives over a contract extension.Arsenal want to avoid any uncertainty regarding their star player's future and will make securing Saka to a longer contract one of their top priorities. The 23-year-old England international signed his current contract - understood to be worth a minimum of £10m per season - in 2022. But that contract is due to expire at the end of the 2026-27 season with early moves towards opening concrete talks already initiated. The process is expected to accelerate in the not to...
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TINUBU'S 15 PERCENT INFLATION TARGETS FOR NIGERIA IN 2025 UNREALISTIC- REWANE. (PHOTO).

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 Tinubu’s 15 percent inflation targets for Nigeria in 2025 unrealistic ~ Rewane.


The Chief Executive of Financial Derivatives and popular economist, Bismark Rewane said President Bola Ahmed Tinubu’s 15 percent inflation target in 2025 is unrealistic and a mere aspiration.


Rewane disclosed on Channels Television’s program on Thursday.


During Tinubu’s N49.7 trillion budget presentation before the National Assembly on December 18, 2024, he expressed optimism that Nigeria’s inflation rate would decline from 34.60 percent to 15 percent in 2025.


However, Rewane said the President’s target isn’t realistic.


According to him, Nigeria’s inflation can decline to 25 or 27 percent, but the 15 percent is unrealistic.


“Well, the target is an aspiration; the reality that we think is inflation could reduce from approximately 35 percent to somewhere like 27 percent or 25 percent, but a 15% rate on inflation is very bullish and aspirational, but we are free to have our aspirations.


“We deal in the world of reality, and in the world of reality, we see more of 27% to 25%. I would rather bet on that than bet on much more optimistic scenarios,” he said.


When Tinubu was sworn in as Nigeria’s president in May 2023, Nigeria’s inflation rate was 22.41 percent, according to official numbers by the National Bureau of Statistics, NBS.


The inflation rate rose astronomically to 34.6 percent in November 2024, more than 12 percent higher, a development that economic experts have attributed to Tinubu’s twin policies of petrol subsidy removal and unification of the foreign exchange rates.

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