International Boxing Association (AIBA) has taken a step towards repairing a much-maligned governance structure that has been frequently criticised by the International Olympic Committee (IOC) after it approved an updated constitution at its virtual Congress. Under the new constitution, AIBA has installed term limits, rebranded the Executive Committee to the Board of Directors and reduced the number of members on the ruling body from 32 to 22. AIBA is hopeful the renewed document will appease the IOC, which last year suspended it as the Olympic governing body for the sport and stripped it of any involvement in the boxing tournament at the Tokyo 2020 Olympic Games because of concerns over its governance, finances and refereeing and judging. The Inquiry Committee, led by IOC Executive Board ...
The President, African Development Bank (AFDB), Dr Akinwumi Adesina, has appealed to the Federal Government to deepen investment in youth, to enable them put their entrepreneurial ingenuity to good use. Adesina, who spoke virtually at the 2020 Nigerian Prize for Leadership at the weekend in Abuja, noted that Nigerian youth are plagued by plethora of challenges like unemployment, limited technical and vocational skills, limited inclusion in the socio-political space and lack of finances to develop their businesses. “No nation is perfect. But those who learn from history become greater. Events repeat itself twice when people do not learn. As a nation, Nigeria should do everything possible to invest and reinvest itself by focusing on the youth. “Today, we have 206 million people, 70 per cent ...
Former Head of Service of the Federation, Mrs. Winifred Oyo-Ita, on Tuesday, urged the Federal High Court, Abuja, to adjourn her ongoing trial sine die over alleged Economic and Financial Crimes Commission (EFCC)’s abuse of court process. Also making the plea for the adjournment before Justice Taiwo Taiwo were the 7th, 8th and 9th defendants in the money laundering charges. Newsmen report that while Ubong Okon Effiok, his two companies; U & U Global Services Ltd and Prince Mega Logistics Ltd are 7th, 8th and 9th defendants respectively, Frontline Ace Global Services Ltd and Asanaya Projects Ltd are 2nd and 3rd defendants in the trial. Others in the case include Garba Umar, and his two companies; Slopes International Ltd and Gooddeal Investment Ltd as 4th, 5th and 6th defendants respect...
The Oodua Progressive Union, OPU, Sunday, lamented that the security situation in Nigeria is being coloured with nepotism, sectionalism, and lack of competence. The group, in a communiqué at the end of the meeting, said: “OPU is disturbed with the news coming from home, regarding the killing of a first-class Yoruba monarch, the Olufon of Ifon, Oba Adegoke Adeusi in Ondo State. “We also condemn, in totality, the dastardly acts of Fulani herdsmen who yearly burn down Chief Olu Falae’s farm. In the same vein, we commend Amotekun in the rescue of the wife of the Chief of staff to the governor of Ondo State. “After careful observation of the 1999 Constitution, we realised that the document was unfit and unproductive, making it the source of nearly all our problems. “As a group that is poised fo...
On-loan Liverpool winger Sheyi Ojo scored and weighed in with an assist as Cardiff City thumped Luton Town 4-0 in the Championship on Saturday. The Bluebirds were already 3-0 up when the wideman found the net in the 82nd minute following goals from Sean Morrison, Mark Harris and Kieffer Moore during thoroughly one-sided affair in which the hosts took a two-goal lead after nine minutes. Ojo had also contributed the assist for Harris’s ninth-minute goal—the forward’s first for the club—when he sent a fine cross from the left flank for the Wales U-21 international to dispatch with aplomb. The Anglo-Nigerian wideman then added the fourth late on, when he slammed home into the far corner after Marlon Pack’s corner was cleared into his path. Ojo impressed on the left flank—with Harry Wilson also...
Nigeria-based fintech solution, NowNow, has said that it will continue to upgrade its services to attune to current realities, such that will drive economic and social growth. Founder of NowNow, Sahir Berry, while speaking on how COVID-19 pandemic has disrupted the financial space recently, mentioned that Nigeria needs to strengthen its fintech space more than before. Berry stated that it was important for Nigeria to tap into the trends and prospects of fintech given the country’s large unbanked or underbanked. He added the company recognised this gap in Nigeria, which informed its investment in the space. “In 2017 we identified that one of the two big problems in Nigeria was lack of youth empowerment and financial inclusion. With a population of almost 100 million youths, we found that ac...
Manchester City booked their place in the last 16 of the Champions League but there were more concerns for Pep Guardiola over his side’s lack of ruthlessness in a 1-0 win at Olympiakos on Wednesday. Phil Foden’s low strike nine minutes before half-time ensured City deservedly kept up their 100 percent record in Europe this season. But a one-goal margin of victory was a scant reward for the visitors’ dominance even with a heavily-rotated side. Guardiola made five changes to the team beaten 2-0 at Tottenham on Saturday to see City off to their worst league start since the first few months of the club’s Abu Dhabi-backed ownership. Scoring goals has been City’s big problem in the Premier League, but they had scored three in each of their opening three Champions League wins over Porto, Marseill...
A coronavirus vaccine developed by Britain’s University of Oxford and the pharmaceutical firm AstraZeneca has shown successful results in early trials. If it is approved by regulators, the vaccine appears suitable for a fast rollout around the globe. Early analysis of trials involving 20,000 volunteers in Britain and Brazil show the vaccine is at least 62% effective after two doses. In volunteers given a different dosing regimen — a half dose, followed by a full dose — that figure rose to 90%. The average efficacy of the two dosing methods is 70%. None of those given the vaccine developed severe COVID-19 illness. Andrew Pollard, director of the Oxford Vaccine Group, said the recent successful trials of three different vaccines by Oxford-AstraZeneca, Pfizer-BioNTech and Moderna, represent a...