Loya Swim Meet Season 3 Produces Top Medallists

By Adedapo Adesanya The Premier League has deducted 10 points from Everton after it found the club guilty of breaching Premier League financial fair play rules. The deduction is the biggest points deduction in the competition’s history and will see the Merseyside club drop 19th position, two points from safety. Everton, who had denied wrongdoing, believe a sporting punishment for an accountancy matter is disproportionate and inappropriate and have told the league they intend to appeal. Leeds, Leicester and Burnley have previously written to Everton’s prospective new owners, 777 Partners, warning they intended to sue for damages in the event

By Aduragbemi Omiyale An innovative initiative called Omo Adugbo, designed to tackle the high rate of unemployment among youths across Nigeria, has been introduced by a foremost bookmaker, BetWGB. This schemed, which is part of the company to bridge the youth unemployment gap in the country, involves the provision of an outlet in each local government across the country to serve as the organisation’s contact office within the local area. By establishing these outlets across the country, BetWGB Nigeria aims to impact positively on the local economy and bridge the unemployment gap that has affected many young Nigerians. With a

By Modupe Gbadeyanka Momentum is already gathering for the forthcoming 2023 Ikeja Golf Club Championship taking place between November 20 and November 26. No fewer than 200 golfers are expected to take part in the prestigious event, which brings together players from across the country. Speaking during a press conference ahead of the event, the club captain, Mr Sina Akinyemi, said this year’s edition coincides with the organisation’s 55th anniversary. “The Ikeja Golf Club is at the heart of the city of Lagos. We are set to host our annual pinnacle event, the Golf Club Championship, between November 20 and

Martial arts is a performance where every fight becomes a unique spectacle filled with adrenaline and incredible moments. The sport attracts millions of fans worldwide, and betting on these events often brings thrills and winnings. Whether you prefer boxing, MMA, or other forms of martial arts, betting on them can add vivid emotions. In this article, we will not only cover the basics of martial arts betting, but we will also share important tips to look out for. In addition, we will look at the bookmaker Melbet Nigeria, whose website offers an extensive list of fights. So, let’s dive into

By Investors Hub European stocks were flat to slightly higher on Tuesday as the euro paused after recent rally and investors awaited more earnings news from the U.S. as trading resumes following a long weekend. The pan-European Stoxx Europe 600 index was up 0.3 percent at 398.81 in opening deals after declining 0.2 percent the previous day. The German DAX was rising half a percent, France’s CAC 40 index was moving up 0.3 percent and the U.K.’s FTSE 100 was up 0.2 percent. Novartis rose about 1 percent. Sandoz, a Novartis division, announced that it has received approval from the

By Dipo Olowookere A regulatory approval has been obtained by Access Bank for its proposed raising of N75 billion ($207 million) through rights issue. Access Bank, during its investor conference call on Wednesday, disclosed that the rights issue would be launched in the first half of 2019, mostly likely after the completion of its acquisition of Diamond Bank. “Access Bank has historically maintained strong capital levels comfortably in excess of minimum regulatory requirements and is concluding a $250 million Tier II capital raise. “Access Bank has also obtained regulatory approval to raise up to N75 billion (~$207 million) in a

By Adedapo Adesanya The National Insurance Commission (NAICOM) has said that Nigeria’s insurance industry recorded a 36.3 per cent quarter-on-quarter growth and 17.8 per cent year-on-year improvement in gross premium income at N726.2 billion in the fourth quarter of 2022. According to a bulletin released by the country’s insurance sector regulator, this was a remarkable situation compared to the real growth (3.5 per cent) of the Gross Domestic Product (GDP) over the same period. This development was attributed to the consistent regulatory measures being carried out by the commission. It also said the non-life business, as in the prior periods,

By Dipo Olowookere The Nigerian Army has established a Board of Inquiry to investigate the shooting incident recorded in Chibok, Borno State on Sunday, which claimed some lives. At about 12.50pm today, the Army received a report that a staff was seen to be drunk and misbehaving to civilians. An officer was despatched to the scene with a view to bringing him back to base. The officer did his best but the SNCO refused several entreaties to calm him and be disarmed by the superior officer. Unfortunately, the Staff Sergeant shot the officer dead and then killed himself. Their remains

By Dipo Olowookere The treasury bills market was slightly bearish on Tuesday ahead of the primary market auction to be conducted by the Central Bank of Nigeria (CBN) on Wednesday. During the trading session, the average T-bills yields trended higher by 0.13 percent, according to analysts at Zedcrest Research in their daily market report. This was following slight selloff mostly on the DEC – MAR maturities as market players trimmed positions in anticipation of Wednesday’s PMA exercise. At the PMA, yields are expected to clear slightly above their previous levels due to the continued pressure on yields from the frequent

By Adedapo Adesanya Members of the National Youth Service Corps (NYSC) comprising the 2022 Batch C and 2023 Batch A, under the Charity Community Development Service (CDS) group in Alimosho Local Government on Thursday, July 20, put smiles on the faces of children of the Finger of God Orphanage in Ikotun, Lagos. The corp members, undergoing their mandatory one-year-long service to their fatherland, reached out to the kids as part of their efforts to have a positive impact on their community of service. Donated items included packs of spaghetti, noodles, tubers of yams, condiments, and vegetable oil, among others. Speaking

By Dipo Olowookere Federal government bonds worth N225 billion would be auctioned today, Monday, June 20, 2022, by the Debt Management Office (DMO) at the primary market. The debt instrument is being sold by the central government to raise funds to finance the 2022 budget deficit and in today’s exercise, the DMO is offering the notes in three tenors. According to a circular released by the agency, all the three maturities are re-opening, meaning they are from the previously sold bonds. Business Post reports that N75 billion worth of a 10-year bond with maturity in 2025 would be offered for

By Investors Hub The major U.S. index futures are pointing to a lower opening on Tuesday, with stocks likely to give back ground following the rally seen in the previous session. Profit taking may contribute to initial weakness on Wall Street, as traders cash in on the strong gains posted on Monday in reaction to the trade war truce reached by President Donald Trump and Chinese President Xi Jinping. Uncertainty about whether the 90-day truce will give the U.S. and China enough time to reach a long-term trade agreement may inspire traders to cash in on yesterday?s strong upward move.