David Beckham announces retirement from football

After 21 years of playing football, David Beckham has announced his retirement at the age of 38. The footballer who is worth about $220million, captained 115 games for England, and played for Manchester United, Real Madrid, LA Galaxy, AC Milan and PSG. He's the only English player to win a league title in four different countries. In a statement Beckham said:

"I feel now is the right time to finish my career, playing at the highest level. I want to thank all my team-mates, the great managers that I had the pleasure of learning from. I also want to thank the fans who have all supported me and given me the strength to succeed. Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.'

He will now work as a sports ambassador. 

Jonathan Announces N3 Billion New Grant For Nollywood

President Goodluck Jonathan has unveiled a N3 billion package to help turnaround Nigeria’s movie industry, Nollywood, which has seen growth in production and sales within past years, but remains heavily criticized for low content quality.

The package, to be launched as “Project Nollywood”, will include grants for the best film scripts, a capacity development fund, and funds for supporting the industry’s infrastructure,” the president said.