Stanbic IBTC Holdings PLC, an end-to-end financial services provider in Nigeria and member of Standard Bank Group recently announced various Board appointments across the Group.

Mrs. Ndidi Nwuneli, a businesswoman and social entrepreneur, was appointed Independent Non-Executive Director of Stanbic IBTC Holdings PLC.

Mr. Yinka Sanni also joined the Board of the Holding Company as a Non-Executive Director, and will serve as a Non-Executive Director of Stanbic IBTC Bank.

Mrs. Funeka Montjane was appointed Non-Executive Director of Stanbic IBTC Bank PLC.

Mr. Efe Omoduemuke joined the Board of Stanbic IBTC Asset Management as an Executive Director.

other appointments were Mrs. Joyce Dimpka who was appointed Non-Executive Director of Stanbic IBTC Insurance Brokers, and Mrs. Temitope Popoola who also joins Stanbic IBTC Insurance Brokers Limited as an Executive Director.

Mr. Oladele Sotubo was appointed as Executive Director on the Board of Stanbic IBTC Capital Limited, while Mrs. Titi Ogungbesan was appointed as the Chief Executive of Stanbic IBTC Ventures.

A statement from the company noted that these appointments ware a reflection of the Group’s commitment to strengthening its leadership teams and driving continued growth and innovation in the financial services sector.

The Chief Executive of Stanbic IBTC Holdings, Dr. Demola Sogunle, said: “These appointments represent a significant milestone in the flight plan of Stanbic IBTC as we continue to position ourselves as a leader in the Nigerian financial services industry. The newly appointed directors bring a wealth of multi-dimensional experience, diverse perspectives, and a deep commitment to driving excellence and innovation.”

“We are delighted to welcome these esteemed professionals to our Board of Directors. As we navigate the evolving financial landscape and continue to deliver exceptional value to our shareholders, clients, and communities, we recognize that people are the driving force behind any company’s growth. Hence, we prioritize people over profits at Stanbic IBTC,” Demola said.

He encouraged the new appointees to make a meaningful impact in their roles while expressing confidence that their collective experience and skills would further strengthen the organization’s corporate governance.

[Ripples Nigeria]

Chelsea forward Romelu Lukaku has been tipped to leave Stamford Bridge for a cut price, despite the club placing a €45m asking price on his head.

The Belgian forward is expected to leave this summer, although clubs from around Europe are reluctant to meet Chelsea’s asking price.

According to Ben Jacobs, Chelsea will demand a fee of around €45m to sell the 30-year-old this summer.

Inter Milan had toyed with the idea of signing Lukaku on loan again but with the obligation to buy included in the deal.

Chelsea rejected this bid and now the two clubs are back to the drawing board. Along with Inter, Juventus and Al-Hilal are also interested.

While Lukaku wasn’t keen on the idea of a move to Saudi to begin with, he is now said to be considering the move.

Gabby Agbonlahor has had his say on the situation and he believes that Chelsea and Inter will eventually come to an agreement.

“Negotiations could be tricky between Chelsea and Inter for Lukaku,” the pundit told Football Insider.

“Inter Milan knows they want to offload Lukaku, so they will not need to offer what the Blues are demanding.

“Both parties will offer their best deal and Inter could say either take or leave it, with Chelsea not wanting to be stuck with a player who won’t be used.

“When it gets closer to August and a deal still hasn’t been accepted, they are going to have to eventually accept Inter’s offer.”

The Belgian forward had his fair share of injury problems last season, but he still managed to score 14 goals across all competitions.

Chelsea aren’t likely to receive anywhere near the £97.5m they spent on Lukaku back in 2021, but they are keen to recoup some of their original investment.

With Juventus and Al-Hilal now in the race to sign Lukaku, time will tell if Chelsea do receive the €45m they are looking for.

He is contracted with the club until 2026, although Mauricio Pochettino will be keen to iron out his situation as soon as possible.

Along with Lukaku, Chelsea also hope to sell the likes of Pierre-Emerick Aubameyang, Hakim Ziyech and Christian Pulisic in the next few weeks.

The summer rebuild is already well underway at Stamford Bridge, but there is still plenty of work to be done.

[football365]

Morocco made history on Saturday night as they clinched their first TotalEnergies U-23 Africa Cup of Nations title with a thrilling 2-1 win against ten-man Egypt at the Moulay Abdellah Stadium in Rabat, requiring extra time to settle the match.

Egypt took an early lead when Mahmoud Saber unleashed a brilliant curler into the top corner, giving his team an advantage after just nine minutes of play.

However, Saber's night quickly turned sour as he received a red card eight minutes later for a reckless challenge on Abdessamad Ezzalzouli.

Despite being reduced to ten men, Egypt managed to hold their ground for the remaining minutes of regular time. However, their defence faltered in the 37th minute, allowing Yanis Begraoui to score the equalizer for the host nation.

The first and second halves concluded without any additional goals, leading the match into extra time. It was during the first half of extra time that Morocco seized the lead, putting Egypt behind for the first time in the competition.

Substitute Oussamna Targhalline capitalized on a free kick from Ezzalzouli, delivering a powerful strike that eluded the Egyptian goalkeeper, making it 2-1 in favor of Morocco.

Efforts from Egypt to secure a late equalizer proved fruitless, as Morocco held on to claim victory and secure their first TotalEnergies U-23 AFCON trophy.

Both Morocco and Egypt have earned their spots in next year's Olympic Games, set to take place in Paris, alongside Mali, who secured their qualification after defeating Guinea in the third-place playoff game on Saturday.

Guinea can stil secure a place as the fourth African side at the Olympic Games in Paris but they have to win a playoff against a yet-to-be-decided Asian opponent.

New Chelsea manager Mauricio Pochettino underlined the challenges that engulfed Enzo Fernandez, Mykhailo Mudryk and Raheem Sterling in the last season but said he will help the trio reach their full potential with the help of a customised training regime.

Chelsea hired the 51-year-old former Tottenham Hotspur and Paris St Germain boss in May after finishing 12th in the Premier League following a tumultuous campaign, which saw Thomas Tuchel, Graham Potter and Frank Lampard take charge at Stamford Bridge.

"Different players arrived in different circumstances but of course now is an opportunity," Pochettino told Chelsea's website, outlining his plans for the team ahead of the pre-season.

Chelsea begin their preparations for the new campaign in the United States with a game against National League champions Wrexham on July 19th.

"I hope we can help them to achieve their best level, a higher level, and try to perform for Chelsea in the way that people expect," he said.

"Now is a new start, a fresh start, and I think they need to show their real quality. But we need to create this platform for them to feel comfortable and breathing space for them to perform and improve."

Pochettino said former Benfica midfielder Fernandez, who was named the best youngster at last year's World Cup after helping Argentina clinch the title, needed rest after a gruelling schedule.

"The Premier League is a really tough competition and he changes everything – culture, language, everything – and it is always difficult to adapt," Pochettino said.

Pochettino added that Mudryk's "mindset and everything is different" than Fernandez's, which is why he intends to spend more time with the 22-year-old Ukrainian winger.

The 28-year-old Sterling is one of the more experienced players in the squad but is yet to replicate the performances that made him a crucial part of Manchester City, with whom he won 10 major trophies, having scored just nine goals in 38 appearances for Chelsea.

"It's not always to blame the player... We need to see us and see what is going on and why they are not performing in the way that we expect and then, of course, when all is clear, we cannot give excuses to them to not perform." Pochettino added.

[reuters]

Arsenal has been dominating the headlines at the start of the summer transfer window.

Not content with finishing second to Manchester City last season, Mikel Arteta has reinforced his side with some of the biggest transfers of the summer. Kai Havertz is already through the door and Declan Rice and Ajax defender Jurrien Timber are expected to be announced in the coming days.

These signings, once confirmed mean that Arsenal now have eight of the twenty most valuable players in the Premier League.

This is based on CIES Football Observatory’s list of transfer values, adjusted to assume three or more years of a player’s contract remaining. The list is made by the International Centre for Sports Studies in Switzerland, and takes into account factors such as age, ability, nationality and the team they play for.

Manchester City has five players in the top twenty, including the most expensive player in the league. Erling Haaland. Liverpool has three players, Manchester United two, and Chelsea and Tottenham one each.

Only two of Arsenal’s players, Bukayo Saka and Gabriel Martinelli, are in the top ten, but the Gunners have six players in the 11-20 most valuable Premier League players including new signings Kai Havertz (11th) and Declan Rice (17th).

Declan Rice’s $135 million move from West Ham United will make him one of the most expensive British players ever, but CIES only values him at just over $85 million. He’s valued at less than Kai Havertz, who cost Arsenal up to $83 million from Chelsea.

Another recent list by CIES at the start of June took contract length into account. Arsenal currently has six of the twenty most valuable Premier League players based on that list, one ahead of Manchester City and Liverpool with five each.

But with players like RB Leipzig defender Josko Gvardiol, Internazionale’s Nicolo Barella and Benfica’s Goncalo Ramos linked to Arsenal’s Premier League rivals, other sides could soon have a larger representation of the Premier League’s most valuable players.

Arsenal’s new signings are part of a $750 million rebuild under Mikel Arteta. That spending includes five of those eight most valuable players, as well as Gabriel, who is the 23rd most valuable player in the league. This might fuel expectations that Arsenal can compete for the title with Manchester City this season, or even give ammunition to fans of rival sides.

But a large part of player value is based on age, and all the Arsenal players in the top 25 were born in 1997 or later so are likely to have not yet hit their peak.

Those three new signings will give Arsenal that depth in quality that is needed to compete with Manchester City though.

Arsenal striker Gabriel Jesus said last season’s title challenge fell apart when William Saliba got injured. Jurrien Timber, valued at more than $65 million by CIES, gives Arsenal another top level center-back, possibly at a cheaper price than expected due to Ajax failing to reach the Champions League.

Having a great first eleven isn’t enough to win the Premier League these days, as Manchester City can bring world class players off the bench, which is why City can go on unstoppable runs of wins toward the end of the season when other teams are feeling the impact of injuries and fatigue.

Mikel Arteta’s summer spending isn’t over yet, but Arsenal’s early signings suggest the north London club realizes what’s needed to build on last season’s title push.

[Forbes]

Southampton star Romeo Lavia is being chased by a number of clubs during the summer transfer window, with the likes of Arsenal, Liverpool and Chelsea all mooted as potential destinations.

Lavia enjoyed an impressive 2022/23 campaign, establishing himself as one of the best holding midfielders in the Premier League - a hugely impressive feat considering he is still just

Barcelona twist

German transfer guru Florian Plettenberg has delivered an update on the Lavia situation, claiming that Barcelona are also interested in the 19-year-old, although the Catalan giants are unlikely to be able to afford him given Southampton's steep asking price.

Writing on Twitter, Plettenberg said: "Roméo #Lavia, there are still concrete talks with Chelsea, Arsenal, especially with Liverpool as Klopp is a big fan! #LFC Been told that his price tag is around £50m this summer!

"Confirmed: Barcelona was targeting the 19 y/o but his price is not affordable for Barca this summer."

Liverpool and Arsenal decision

Arsenal and Liverpool are both unwilling to match Southampton's £50million valuation set on midfield youngster Romeo Lavia this summer. That's according to Sky Sports, which reports that the Belgian wonderkid is valued at a high price by the Saints, but teams are standing off reaching such a figure at this stage.

Southampton stance

According to Sky Sports, Southampton are confident they will be able to receive close to £50million for Lavia this summer.

The report also claims that Arsenal, Chelsea and Liverpool have all engaged the Belgian's representatives over a potential move. However, both the Gunners and the Reds are said to be unwilling to bid that high for the talented teenager.

Bid prepared

Arsenal are ready to make a move for Lavia once they have completed the signing of West Ham United midfielder Declan Rice, according to The Times.

It is claimed that Mikel Arteta's side want to bid for Lavia after a deal for Rice is finalised, although they will face stiff competition from the likes of Chelsea and Manchester United, with the Saints valuing the Belgian international at around £50million.

Liverpool and Chelsea lead race

It did seem that Liverpool led the race for the 19-year-old talent, along with Chelsea, with the Gunners falling behind in the race for Lavia's signature. A report from Football Transfers, via 90min, has stated that Arteta's side are behind their Premier League rivals as competition for the Belgian midfielder heats up.

Transfer boost

A whole host of clubs have been handed a potential boost for Romeo Lavia this summer as new Southampton boss Russell Martin has claimed that some players will leave the club this summer.

He told the press: "There will be people leaving, of course, it’s what happens when you have such a tough season last season and you move down from the Premier League. I’ve also been there and it’s not that easy, every player in the dressing room could think they’re going back to the Premier League but it’s not that easy.”

Liverpool open talks

Liverpool have made the decision to open talks with Southampton to sign Romeo Lavia this summer, according to transfer guru Fabrizio Romano.

Speaking on YouTube, he said: "Romeo Lavia is in Arsenal's list and they have had some positive conversations on the club and player side, but no official bid as they are waiting to understand the future of Thomas Partey.

"But from what I understand, Liverpool have opened talks to sign Lavia. Man United have asked about the situation as have Chelsea, so both clubs are informed but they are not yet active on this deal, but for Liverpool, Lavia is one of the players they are considering."

£40m bid pending

Arsenal are ready to submit their first offer for Lavia in the coming days. That's according to the Daily Mirror, who claim the Gunners will put forward a £40million bid for the Belgian midfielder.

The report claims the bid will all-but-end the north Londoners' pursuit of Moises Caicedo.

Advancing talks

Arsenal are advancing in talks to sign Southampton youngster Romeo Lavia this summer, though there is yet to be an official bid made. That's according to Fabrizio Romano, who claims that the Gunners are making progress, though the Saints are likely to ask for a fee above their record for a player under the age of 21 - which sits at £32million when Luke Shaw joined Manchester United in 2014.

Talks take place

Arsenal are not giving up on signing Romeo Lavia just because of their continued bid to bring in Declan Rice, according to Fabrizio Romano. "Arsenal have concrete and strong interest in Romeo Lavia," he tweeted.

"Relationship is excellent with his camp — talks already took place." The Gunners are desperate to add a new midfielder to their squad this summer.

"Timing will be crucial as Chelsea remain interested. Man United appreciate Lavia but still not advancing. City buy back clause only valid 2024," finished Romano.

Arsenal talks 'progressing'

The priority may well be on Declan Rice but reports claim the Gunners are progressing in talks to sign Lavia.

According to Miguel Delaney, the midfielder is on Arteta's radar after cooling their interest in Brighton's Moises Caicedo. They do, however, share interest with London rivals Chelsea.

Southampton price tag

Arsenal will have to cough up between £40million-£50million to sign Lavia this summer, according to the Daily Mail.

The high valuation of the Belgian is said to be down to three clauses inserted into his contract. The first is in regard to Man City, his former side, being able to match any bid that arrives with a buyback clause - around £40million. The final clause entitles City to 20% of any future sale.

Two midfielders to join?

As per transfer expert Ben Jacobs, Arsenal could look to sign two of Lavia, Moises Caicedo and Declan Rice this summer as Sporting Director Edu looks to get his business done early.

"Arsenal could still come back in for Moises Caicedo, even if the priority is Declan Rice. And they could go for Romeo Lavia as well", Jacobs told GiveMeSport. "They won’t get all three, but it could indicate that they might be looking for two in the centre of the park when these targets are concrete.

"They’re looking at such a high volume of players because not all these deals are easy, particularly the ones involving Brighton. Roberto De Zerbi will not want a mass exodus, and Brighton will only sell on their terms."

Summer shortlist

The Daily Mail named Lavia as one of the three midfielders that Arsenal have on their summer shortlist, alongside the aforementioned Rice and Brighton starlet Moises Caicedo.

The report claims that the Gunners are desperate to close the gap on league-leaders Manchester City, with not just one but potentially two central midfielders targeted as sporting director Edu looks to bolster Arteta's squad ahead of the 2023/24 campaign.

Manchester City advantage

Southampton's £12million deal to sign Lavia last summer has a clause that gives Manchester City a chance to buy him back for £40million, although this clause doesn't become active until 2024.

According to transfer expert Fabrizio Romano, this will likely mean the youngster should cost more than that if he is to leave St Mary's Stadium this summer. Writing for CaughtOffside, he said: “Nothing has changed for Romeo Lavia, at the moment. It’s normal to see big clubs linked because he’s a top talent but there’s nothing concrete at this stage.

“It’s fair to remember that Man City have £40m buy back clause for Lavia, so value has to be higher for sure.”

Kevin De Bruyne verdict

Lavia's rise to prominence in recent months is unlikely to surprise former Manchester City teammate Kevin De Bruyne, who has previously heaped praise on the 19-year-old when the pair were teammates. Speaking about his fellow Belgian international to Play Sports last year, De Bruyne said: "He is very good.

"He's been training with us since the end of last year. If he continues his development, I think he'll be a top player."

[Football.London]

Barcelona have stepped up their pursuit of a new right-back lately. With Jules Kounde unhappy with his role in the first team, coach Xavi Hernandez wants to sign a new option that can serve as the first-choice option next season.

One of the players Barça are targeting heading into the new season is Joao Cancelo. The Portuguese international has been a target for Barcelona for a while now and was in contention to join the club in the January transfer window.

Barcelona were not able to complete the deal due to financial constraints. But they have been in contention to sign Cancelo on a loan deal this summer. Manchester City want to offload the player on a permanent deal, but Barça are not in a position to do so.

However, according to Mundo Deportivo, the signing of Cancelo has been ruled out for Barcelona. The financial requirements for the deal are completely unviable for the club.

This comes shortly after a report which pointed out how Barça were expecting Cancelo to lower his salary demands. But with Arsenal also in the mix, the right-back is unlikely to lower his demands and may end up moving to the Emirates this summer.

This will force Blaugrana to look out for other alternatives in the market. The club’s pursuit of Ivan Fresneda has been well-documented in recent weeks. The youngster is already waiting for Barcelona’s offer and looks keen on making the move.

Barcelona’s technical staff are also yet to reach a consensus about Fresneda. Although they rate the player highly, many doubt whether he will be a good investment for the club, especially in the current scenario.

Therefore, Barcelona may end up failing to sign any right-back this summer, although the situation may drastically change if the club manage to get rid of their unwanted stars this summer.

[barcauniversal]

Newcastle United are ready to launch their bid to sign Leicester City winger Harvey Barnes this week.

Eddie Howe’s side are expected to offer around £25million initially for the England international. 

They were initially put off after the 25-year-old was given a £60m price tag, but the Magpies are now confident of securing a considerably lower fee.

Barnes was a key player for the Foxes last season and managed a career-best tally of 13 Premier League goals.

He was unable to keep Leicester in the Premier League, though, and is unlikely to stay at the Championship side as they look to cash in on their most valuable assets.

Talismanic midfielder James Maddison has already left in a £45 million move to Tottenham, while Kelechi Iheanacho could also be on the move after interest from Nottingham Forest.

For Newcastle, Barnes could add vital depth to their squad as they prepare for their first Champions League campaign in 20 years.

They have already brought defensive midfielder Sandro Tonali in from AC Milan for £55 million, and Southampton full back Tino Livramento remains a target.

Reliable squad players will be vital for Eddie Howe as he looks to juggle the demands of European and domestic football. 

[Dailymail]

Being the Parents Teachers Association (PTA) Chairman in Nigeria and of course a Nigerian school with Nigerian parents and management can be a rewarding and challenging experience. It involves serving as a bridge between parents, teachers, and the school administration to ensure effective communication, collaboration, and the overall welfare of students.

For me, it was six years of exciting learning experience, and my apologies, I am not going to talk about the Mmesoma Joy Ejikeme and JAMB Saga, but I will share my journey, an adventure, we could all learn a few nuggets.

Some key aspects of the role and my experience:

Communication and Engagement: As PTA Chairman, one of the primary responsibilities is to facilitate communication between parents, teachers, and the school. This includes organizing meetings, workshops, and events where parents can voice their concerns, provide feedback, and actively participate in decision-making processes. Engaging parents in school activities and fostering a sense of community is crucial for a successful PTA. I won’t say that I scored a 100 or even a 90 but I learned a lot, from parents that barely attended the meetings, or parents that adopted a single parent method, (as in only one parent ever attended the meetings, in cases, siblings acted as parents, one day, I will hopefully talk about the trend where parents where parents have abdicated their responsibilities to everyone but themselves).

I did a sizable amount of advocacy and representation: Representing the collective interests of parents and advocating for their needs and concerns is an essential role of the PTA Chairman. This involves liaising with school management, attending board meetings, and actively participating in discussions and decision-making processes. Advocating for improved educational standards, infrastructure, and policies ensures that parents’ voices are heard and their children’s needs are prioritized. This never was an easy task as it exposed one to a lot of the behind the scene politics of our educational systems.

The decay, the fight to maintain standards and more, parents wanted friendly pocket tuition, schools needed to pay teachers and run allied costs, whether there was a meeting is debate for another day, on another day and on the other hand, there was the ‘crooked’ regulatory ministries and their various officials all fleecing the system, everyone developing one fraudulent fee or the other.

Despite the best of efforts, I saw that there was a lack of teacher training programs.

The quality and cost of good teachers brought with it peculiar challenges, a need to align goals, and create a conducive learning environment. Teaching itself has become a bus stop profession, how many were there for the passion, many wolves in sheep clothing being in charge of our kids don’t make for good reading when the parents themselves are nowhere to be found until there is a palaver.

We did not do much in terms of Parent Education and Involvement: Promoting parent education programs and workshops that enhance their understanding of education, child development, and parenting techniques is an important responsibility. Encouraging parents to actively participate in school activities, volunteering their time and expertise, and supporting their children’s learning at home fosters a strong partnership between parents and the school is important, but what is really in practice is a case where every parent worships his/her child, no child was ever wrong.

I saw first-hand, the “my child is good” and the “I know my child” syndrome at play, you begin to wonder so the bad kids where do they fall from, I noticed first hand as kids brought fall outs from home to school, I saw parents who were in behaviour no better than their kids. Parents who knew next to nothing other than simply birthing kids.

Conflict Resolution and Mediation: Resolving conflicts and addressing disputes that may arise within the PTA or between parents, teachers, and the school administration is a challenging yet critical aspect of the role. Acting as a mediator, facilitating constructive dialogue, and finding amicable solutions help maintain a harmonious and productive school environment. For me, this was where the real tasks hibernated.

These kids are smart, they know certainly more than we know or will ever know, there is only that tiny consolation in the adage of “what the old man sees while sitting, the child will never see even while on top of a tree”. And truth be told, these kids will always make nonsense of the above, the kinds of stories that touch “no be here”.

A teacher was so frustrated with a pupil, she complained that the boy did not pay much attention when she was teaching and he disturbed other pupils and fought them. The boy’s mother came to the school to pick him up, and the teacher met her and told her about the boy’s behaviour. It became a fight; the mother insulted the teacher that she did not know what she was saying that her child is a quiet and good boy at home. We later discovered that the woman’s children don’t play at home and were not permitted to go out and meet other children.

Therefore, school was the only way he got to express his real character. If children do not properly express themselves in the house, you will not know what they can do and cannot do. School rather than a place of learning became a playing field for the lad.

We had parents that wanted an only board facility, we had parents that would never leave their kids for more than those 7 hours of school time, we had those that wanted six teachers for one subject, and those that wanted their kids to be breast fed.

Some kids honestly had no business being in high school at a certain age, but you see every parent was a professor of parenting in their own right. We had kids that told lies, and to their parents, these kids were St. Innocent and could do no wrong. I can tell you, some parents I never knew and of course they never would have known me. Once at a meeting a parent boldly suggested we get a favourable centre to take kids to, I later found out it is called a “miracle centre”. I witnessed teachers come and go, for all sorts of reasons and no reasons. I also saw management renege on their promises, the same way parents broke their promises on paying up their ward’s school fees as we call it in these parts.

My experience as PTA Chairman has been both fulfilling and demanding. For me, I see the need for an education policy that communicates, that is diplomatic, and has the ability to balance diverse perspectives and interests.

The opportunity to contribute to the educational development of children, create a positive school culture, and witness the impact of collective efforts is truly rewarding. However, it also comes with challenges, such as managing conflicting opinions, addressing limited resources, and ensuring sustainable parent involvement. Overall, serving as PTA Chairman in Nigeria is a significant responsibility that plays a vital role in promoting a conducive learning environment and fostering strong parent-school partnerships.

I wish I could say the same of our leaders across various strata in the Nigerian Leadership—Citizenship Forum conversation especially around good governance, leadership ideals, and delivery, while that is not yet the case, I dare say—May Nigeria win!