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WWE is building up to a major showdown with Bayley and Sasha Banks set to go at each other’s throats soon. There has been a lot of talk over when and where the match will be. Bayley may have just given us the answer.

In a recent post on Instagram, the SmackDown Women’s Champion dropped a big hint. The picture is of her holding a steel chair, with no caption attached.

This could mean that she will face Sasha Banks at Clash of Champion in a Steel Chair Match. Bayley will defend her SmackDown Women’s Championship against Banks and will spare no brutality.

Bayley and Banks were the most clinical team a couple of months ago. Using their chemistry as best friends, they were able to make short work of every competitor. 

At one point, the “Golden Role Models” held every belt in the Women’s Division. However, the way was only down after this.

Banks first lost her Raw Women’s Championship to Asuka. She was put off by the fact that Bayley hadn’t helped her the same way as she did. With this, the tear in their friendship began.

Sasha Banks helped Jax and Baszler defeat Bayley

After a series of altercations following this, Banks did the unthinkable and contributed to the Tag Team Championship loss to Shayna Baszler and Nia Jax.

Bayley soon found out what her best friend had done and brutally assaulted Banks after the rematch. Destroying her incapacitated partner, Bayley walked away, making a statement.

The toxic friendship had broke, and now the bad blood will spew all over the ring at last. Banks looks to avenge herself for the treatment she got from her “best friend”.

Sasha Banks has always been the pivot that carries the team through everything. Covering Bayley’s mistakes, she doesn’t deserve to be treated the way she has been. 

The two Superstars are also WWE’s best attractions. Their match last week on SmackDown pulled SmackDown to its lockdown peak.

The numbers beat all WWE shows that had taken place in the past few months including Raw. We could see ratings blow through the roof at Clash of Champions. Sasha Banks and Bayley are heading into a bitter fight, while everyone else eagerly watches with a bag of popcorn.

News Source: newsbrig.com

Tags: sasha banks

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Survival Strategies Pushing Banks in Nigeria Away From Lending

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(Bloomberg) --

The economic downturn in Nigeria is forcing the nation’s lenders to rewrite their business plans.

A shortage of dollars and declining demand for credit, along with a plunge in domestic bond yields, have taken a toll on their bottom lines. Most of the country’s biggest banks, including Guaranty Trust Bank Plc, United Bank for Africa Plc and Access Bank Plc, reported profit declines in first half. Cairo-based EFG-Hermes Holding SAE forecasts lower industry income in 2020 compared to a year ago.

© Bloomberg Nigeria's economy contracted heavily in the second quarter

Here’s how some of the country’s largest banks are confronting the troubles spawned by Covid-19 and the drop in oil prices.

Guaranty Trust BankNigeria’s biggest lender by market value said last week it will transition to a holding company next year to allow diversification to reduce reliance on banking.It plans to establish units in insurance, asset management, payments and pensions. It also plans to split the banking division into four subsidiaries covering Nigeria, West Africa, East Africa and the U.K.It’s partnering with Leadway Assurance Co. Ltd. to boost sales of insurance products.Story: Guaranty Trust to Create Holding Company, Split Banking Business © Bloomberg VIRUS WOES Access Bank Nigeria PlcThe nation’s biggest bank by assets is expanding throughout Africa. It plans to open a unit in Mozambique in the second half and in Guinea next year. Earlier this year, it opened a unit in Cameroon and bought Transnational Bank Ltd. in Kenya.The lender is executing a five-year plan to be “Africa’s gateway to the world” by increasing its presence in the continent.Story: Nigeria’s Access Bank to Open Unit in Guinea Next Year, CEO SaysUnited Bank for Africa PlcThe lender, which already operates in 20 African countries, is pushing for units outside its home market to provide a “buffer” for earnings, according to Chief Financial Officer Ugochukwu Nwaghodoh.United Bank said in 2018 it expects contributions from foreign branches to its profit to increase to a half by next year from 45 percent.It has invested more than $100 million in units in the Democratic Republic of Congo, Benin, Ivory Coast, Tanzania and Mozambique to help them expand and cushion challenges in the home market, Nigeria.Story: Nigerian Bank UBA Sees African Units Making Up 50% of ProfitStanbic IBTC Holding PlcThe Nigerian unit of South Africa-based Standard Bank Group Ltd., is seeking regulatory approval to establish a wholly owned Life Insurance unit.It plans to own 99.9% of the unit to be named Stanbic IBTC Insurance Ltd.Story: Stanbic IBTC Seeks Approval on Plan to Start Life Insurance UnitFBN Holdings PlcAfter selling its insurance unit to bolster capital, FBN deployed the 25 million naira in proceeds to expand retail franchise -- First Bank Nigeria -- and strengthen its online presence.It recruited shop owners in areas with lower bank penetration to undertake financial services, including account openings, money transfers and payments on its behalf. Through the retailers, or agents as they are known, it increased the value of agency transactions to 5.71 trillion naira in first half from 1.61 trillion naira a year ago. Agent banking contributions to e-business revenue rose to 20.3% in June from 13.9% year ago while low-cost deposits at First Bank accounted for 87.2% of total deposits in first half from 85.7% in December, helped by agency banking.Story: FBN Holdings Divests Stakes in Insurance BusinessZenith Bank PlcZenith Bank Plc, mainly a corporate lender, is moving to build a retail franchise.The lender started so-called agency banking last year and achieved phenomenal growth in value and volume of transactions in the first half. It shares commission with the retailers or agents.The value of transactions on the agency banking platform rose to 226 billion naira in the six months through June compared to 56.2 billion naira June to December 2019 while transaction volume was 22.1 million in the first six months of 2020 from 7.5 million June to December last year.

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©2020 Bloomberg L.P.

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