Sports Diplomacy: Nigeria’s Role in International Athletic Relations

Explore the societal and economic effects of gambling, along with proposed solutions to address associated challenges effectively. Gambling’s social and economic implications have long been a source of discussion. Many people see this as a means to relax and unwind, while others are harshly critical of this activity because of the potential for addiction. There is, however, no objective way to evaluate the social and economic effects of gambling because all judgments are subjective. Depending on whether you approach this examination from a global or personal perspective, the results may be different. Although some people find gambling to be a

Female cruiserweight boxers, Celina Agwu ‘Pretty Assassin’ and Bolatito ‘Black Tito’ Oluwole, have threatened fire and brimstone ahead of the title clash scheduled for GOtv Boxing Night 29 on 24 September. The bout is one of the six scheduled for the boxing showpiece, billed to hold at the Molade Okoya-Thomas Indoor Sports Hall of Teslim Balogun Stadium, Lagos, on September 24. In an interview at her training base in Lagos, Pretty Assassin, a Police officer, said Black Tito will experience the wrath of an assassin. “There is a reason I’m called Assassin. I will show her why.  She is about

By Adedapo Adesanya Nigeria and its neighbour, Benin Republic, will not jointly host the 2027 Africa Cup of Nations (AFCON) as the Confederation of African Football (CAF) has favoured the trio of Kenya, Uganda and Tanzania for the continental football tournament. The apex football governing body in Africa on Wednesday also announced Morocco as the host of the biennial competition in 2025. Morocco last hosted the AFCON in 1988 and was chosen in 2015 but asked for the tournament to be postponed because of the Ebola virus, although CAF later decided to strip the North African nation of the hosting

Female cruiserweight boxer, Bolatito ‘Black Tito’ Oluwole, has declared that her ultimate aim at GOtv Boxing Night 29 is to be the first female winner of the best boxer prize. The overall best boxer on the night will take home the Mojisola Ogunsanya Memorial Trophy and N1m cash prize. Black Tito will face Celina ‘Pretty Assassin’ Agwu, in a national cruiserweight title challenge bout at the Molade Okoya-Thomas Indoor Sports Hall of  Teslim Balogun Stadium, Lagos on September 24. The bout is one of the six lined up for the night. “My ultimate aim on the night is to make

By Adedapo Adesanya Crude oil declined on Tuesday after rising in an earlier session as the possibility of interest rates hike in the United States outweighed concerns about supply. This slowed the Brent crude by 36 cents or 0.41 per cent to $87.84 per barrel and crushed the West Texas Intermediate (WTI) by 52 cents or 0.61 per cent to $85.08 per barrel. The US Federal Reserve is expected to signal at its meeting this week of the possibility of raising the rates in March and will consider other policy tightening, reversing the easy policies it put in place to

By Modupe Gbadeyanka Minister of Finance, Mrs Kemi Adeosun, has disclosed that Voluntary Assets and Income Declaration Scheme (VAIDS) launched mid last year was aimed to bring in four million new tax payers into the nation’s tax net. Mrs Adeosun made this disclosure this week when she spoke at a conference at the United Nations office in New York, where she was part of experts who discussed ways to stop Illicit Financial Flows (IFF) in Africa. She explained that the tax amnesty was targeted at increasing the tax payer base, raising at least $1 billion revenue and regularising the tax

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its stay in the negative zone in Week 29 after losing 0.2 per cent in five days of trading. This shortened the market capitalisation of the Nigerian alternative stock exchange by N10 billion to N1.064 trillion from N1.074 trillion of the preceding week, as the NASD Unlisted Securities Index (NSI) went down by 1.56 points to wrap the week at 769.33 points from the 770.89 points recorded at the previous week. The loss printed by the bourse was caused by the poor outing of four companies trading their securities on

Sterling Bank has concluded plans to collaborate with the Federal Government to carry out tree planting exercises in three northern states in the country. This, Business Post learnt, is part of the Bank’s Corporate Social Responsibility (CSR), which focuses on the environment and helps in tackling desertification in the region. The initiative which the bank is carrying out in conjunction with the government, is also in line with the United Nation’s Sustainable Developmental Goals for environmental preservation, and a way of challenging other private institutions to support the initiative. Experts have described desertification as the degradation of drylands. It involves

By Modupe Gbadeyanka A renowned professional services firm, Ernst and Young (EY), has announced the founder and Group Managing Director of Interswitch, Mr Mitchell Elegbe, as the 2023 West African Entrepreneur of the Year (Masters Category). Mr Elegbe was awarded for his contributions as an entrepreneur to the economic development of Nigeria and the West African region, having distinguished himself in business leadership and technology development. This latest win is particularly significant as it followed his emergence as the Ernst and Young Entrepreneur of the Year (Emerging Entrepreneur category) in 2012. “I am indeed humbled to have been honoured with

By Dipo Olowookere Officers and men of the Nigerian Army, who are investors in the country’s capital market, have been advised to do everything within their power to protect and always monitor their investments. Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, who gave this advice, said this can be done by exploring all available channels put down by regulators. According to her, few of these channels are e-dividend, Direct Cash Settlement, regularisation of multiple subscription, transmission of shares among others. Speaking during a visit to the 9 Brigade of the Nigerian Army in Ikeja on

By Dipo Olowookere Federal Government has expressed its intention to partner with Israel to learn new water technology. This, it said, was part of efforts to improve water resources management in Nigeria, Minister of Water Resources, Mr Suleiman Adamu, made this known during a meeting with the Ambassador of Israel to Nigeria and the Permanent Representative to ECOWAS, Mr Guy Feldman, on Thursday, September 7, 2017, in Abuja. The Minister said Federal Government was interested in learning the new technology of water management from the Water Technology and Environmental Control Exhibition and Conference (WATEC) scheduled to hold in Israel in

By Nneka Okumazie Loyalty is everywhere. People go to school, work, social groups, etc. They stay there, join teams and do what they are asked. Loyalty is among the cheapest obtainable value anywhere. This is because the easy way to measure it can be faked. To do what is asked, how it is asked, where, when and with what, consistently, is possible even for someone whose only goal is self-interest. Loyalty is a low bar to know who is true, or not. It is a problem across purposes. Many times when betrayal, disappointment, etc. happens, the victim may wonder why,