Author: Emmanuel Opara

  • Online game: KORETBET GAMING NETWORK LUNCHES KORETBET IN LAGOS

    Online game: KORETBET GAMING NETWORK LUNCHES KORETBET IN LAGOS

    Online sports Betting game is not Gambling but entertainment and it is brain tasking.

    Sylvester Odion, the
    Managing Director of Koret Gaming NETWORK gave the clarification at the lunch of a new online betting game known as Koretbet in Victoria island lagos state

    Stakeholders at the entertainment industry who are ambassadors of koretbet notably, Bolanle Ninalowo also known as manakaki amongst others underscore the importance of Online Sports Betting game.

    While some of them say betting game is for risk takers which they claim they are,they urge players to play responsibly.

    Addressing the gathering, the company and its ambassadors say,korect bet is unique and is created to lead in Nigeria and other African countries.

    While the Managing Director, Sylvester Odion, urged nigerians to caution themselves while playing the game so as not to be addicted, he pointed out that,koretbet has a control mechanism that stops a player that is going overboard.

    Sylvester maintained that, if a person can invest in stocks you can invest in sports betting adding that is not Gambling

    Korede Adeyemi s the
    Chairman, Board of directors, koret gaming network,he said though the market is saturated but the beautiful products brought in by koretbet will advertise it and promote it among Nigerian players and other African countries.

    Korede Adeyemi also pointed out that, Online sports Betting game
    contributes largely to the government’s Gross Domestic Product(GDP) and was clear about their envisaged target for koretbet.

    The marketing director, koretbet, Harrison. Ehiaguina who was very excited about the lunch of Koretbet said a lot of work went into the design of Koretbet online platform.

    According to him, it was designed to suit customer”s viewing,comfort and interest adding that,it is very easy to operate for all ages.

  • Oil Marketers Seek Clarification On Impact Of Subsidy Removal

    Oil Marketers Seek Clarification On Impact Of Subsidy Removal

    Oil marketers under the umbrella of the Major Oil Marketers Association of Nigeria (MOMAN) are seeking consultation on the impact of the suspension of fuel subsidy removal on some provisions of the Petroleum Industry Act (PIA).
    Gatekeepers News reports that MOMAN says it is currently seeking consultation with the Federal Ministry of Petroleum Resources and other industry stakeholders.

    Point News247 reports that the Chairman of MOMAN, Olumide Adeosun, made this known during a press briefing on Monday, January 31, in Lagos.

    Adeosun said, ”The members of the association are currently seeking to consult with the Ministry of Petroleum Resources, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and other industry stakeholders.

    “This is to understand exactly how this decision would impact the other provisions in the Petroleum Industry Act (PIA) as well as market operations. “

    The MOMAN President also pointed out that the reforms contained in the PIA were a combination of several decades of engagement with internal and external stakeholders, incorporating local and international best practices.

    According to him, most of the reforms in the PIA are geared towards encouraging investments in the petroleum downstream sector, ensuring transparency, upgrading industry assets and infrastructure (refineries, depots, pipelines, trucks, and filling stations), and optimising costs.

    He stated that the direction of MOMAN’s consultation would be towards understanding and contributing towards what market philosophy and regulations should be in place during the 18 months to ensure uninterrupted supply, transparency.

    Adeosun added, “This will be in line with long-term objectives for the administration and growth of the industry.’’

    The Minister of State for Petroleum Resources, Timipre Sylva, earlier announced that following the decision to suspend the removal of petrol subsidy, the government would also seek an amendment to the PIA in light of the new development.

  • National Bureau of Statistics Reports 15.63% Increase In Inflation – Nigeria Economy

    National Bureau of Statistics Reports 15.63% Increase In Inflation – Nigeria Economy

    Nigeria’s consumer price index has increased to 15.63 percent in December 2021.

    Plus Naija reports that this update was contained in the latest report of the National Bureau of Statistics (NBS) released on Monday.

    The rate is 0.23 percent points higher than the 15.40 percent recorded in November 2021.

    This implies that prices showed an uptick in December 2021 — but dropped when compared to the corresponding period of 2020.

    According to the report, increases were recorded in all Classification of Individual Consumption According to Purpose (COICOP) divisions that yielded the headline index.

    “On month-on-month basis, the Headline index increased by 1.82 percent in December 2021 — this is 0.74 percent rate higher than the rate recorded in November 2021 (1.08) percent,” the report stated.

    “The percentage change in the average composite CPI for the twelve-month period ending December 2021 increased by 16.95 percent from 16.98 percent over the average of the CPI for the previous twelve-month period recorded in November 2021 down by 0.03 percent points.”

  • Football Federation to appear before House of Reps on Thursday

    Football Federation to appear before House of Reps on Thursday

    The Nigeria Football Federation (NFF) will appear two times in just twenty four hours before the House of Representatives Adhoc Committee over investigation on the dispute between Super falcons and the federation.

    The Committee was assigned with responsibility to investigate the unpaid bonuses and allowances of the Super Falcons.

    The Committee Chaired by Honourable Blessing Onuh Onyeche expressed disappointment and described as affront on the House of Representatives as the Federation’s President, Ibrahim Gusau and other Executive Members failed to come with the General Secretary, Sanusi Mohammed.

    According to the Chairman of the Committee, the NFF President cited ill-health as an excuse not to appear before House but was strong enough to go on jamboree to FIFA Women’s World Cup final when his house is on fire .

    The Committee told the NFF that the sitting cannot be possible without the presence of Gusau. Hence, the adjournment to Thursday morning at the National Assembly.

    The federation is expected to provide details of how the monies given to them by the Federal Government were used regarding the Super Falcons preparation and participation at the 2023 FIFA Women’s World up in Australia and New Zealand

  • WcH 23: Team Nigeria turns to relays for redemption

    WcH 23: Team Nigeria turns to relays for redemption

    Nigeria’s Athletics team will now be hoping to get, at least, a medal in the relay events which start Friday following sprint hurdler, Tobi Amusan’s inability to make the podium in the 100m hurdles on Thursday evening.

    Prior to the Championships, hopes of Team Nigeria making it to the podium were pinned on the shoulders of long jumper, Ese Brume and Amusan but wishes refused to be horses like it did last year in Oregon, USA.

    Brume won a silver medal in the long jump event while Amusan scorched to a 12.12 world record before storming home first in the final to win a historic gold
    medal.

    In Budapest, Brume came fourth in the final while Amusan was sixth in the 100m hurdles final.

    However, like it happened in 1995 in Gothenburg, Sweden and 1997 in Athens, Greece where the men’s 4x400m relay team and the 4x100m relay team respectively
    ensured Nigeria returned home with a medal, officials will now be hoping for a repeat.

    The semifinals of the men and women’s 4x100m relay will hold on Friday.

    The men’s team will be running in the second semifinal and will battle 2020 Olympic champion, Italy, Great Britain, Canada, South Africa, Switzerland, Poland
    and Brazil for the three automatic tickets on offer for the final.

    The women’s team will also run in the second semifinal and will battle for the three automatic tickets with reigning World champion, USA, host country,
    Hungary, fellow African nation, Cote d’Ivoire, Italy and Poland.

    While the men’s team will be aiming to win Nigeria’s second medal in the history of the championships, the women’s team will be looking to make history as the first to win a relay medal, 4x100m or 4x400m

  • Sports Minister set for meeting with all Sports Federations

    Sports Minister set for meeting with all Sports Federations

    Minister of Sports Development, Senator John Owan Enoh will commence engagements with all sports federations in the country on Tuesday, as he continues to assess the state of affairs of all federations.

    The efforts are part of a series of strategies the minister is employing to reposition sports in the country.
    He stated that part of the process will involve the withdrawal of all sports cases in court, to give room for settlements that favours national interest and that serves the interests of athletes.

    Enoh said that “I have an open and neutral mind on the issue of sports cases that are in court. My meeting with all sports federations in the country will give me an opportunity to assess the federations one by one and see where there are disputes and also where there is normalcy.”

    “As a measure of goodwill and good faith, I will require that all disputes that are in court be withdrawn, so we can have a chance to resolve them as a ministry, he said.

    The minister explained that when disputants are given an opportunity, it provides a window to resolve lingering issues in the interests of the sports and for the love of country.

    “We spend so much time amongst sports administrators and federations in disputes and forget the athletes, who are the critical actors, competing for laurels. Without the athletes, all of the disputes and fights will make no meaning,” Enoh added.

    He explained that his administration will focus on turning the tide, to place less emphasis on positions and offices, and instead place more attention on athletes and development.

    “We cannot do the needful successfully (focus on athletes’ progression), if we do not put our house in order. I am open and available to every suggestion and approach that can help us solve the teething problems and lingering issues we are confronted with, to give us the result that we desire.”

    A fortnight ago, the minister informed the Permanent Secretary of the ministry, Alhaji Ismaila Abubakar to direct all sports federations to submit a full report of their state of affairs, to open the door for further engagements and evaluation, starting this week

  • CAF extols Oparanozie virtue after retirement from Football

    CAF extols Oparanozie virtue after retirement from Football

    The Confederation of African Football (CAF) has celebrated Desire Oparanozie’s prowess in female football following her retirement from professional soccer.

    On Wednesday, She announced on her X handle that she would be retiring from football.
    Her announcement has been generating reactions from footballers past and present.

    Reacting to the announcement, CAF described Oparanozie’s football career as outstanding.

    “An outstanding professional football career path has come to an end for the amazing Desire Oparanozie .
    “What a journey! .”

    Oparanozie’s last outing for the Super Falcons was at the 2023 FIFA Women’s World Cup in Australia and New Zealand.
    It was her fourth appearance at the World Cup after featuring at the 2011, 2015, and 2019 editions.

    She was part of the Super Falcons squad that won the Women’s Africa Cup of Nations (WAFCON) in 2010, 2014, 2016 and 2018.
    She scored the goal that saw the Falcons beat hosts Cameroon 1-0 in the final of the 2016 WAFCON

  • AFN lauds MoC on young athIetes sponsorship initiatives

    AFN lauds MoC on young athIetes sponsorship initiatives

    The AthIetics Federation of Nigeria (AFN) President Chief Tonobok Okowa has lauded the initiative which will bridge the gap between youth and junior athletes.

    AFN President Okowa spoke on the need to produce a pool of young athletes who will be positioned to take over from their older ones.

    He said: “I am the main beneficiary of what is happening here today (4th Oct.2023) When the older ones are fading out, what happens if you do not have the younger ones coming up? Okowa queried.
    So, grassroots sports development is the key to success. At the National Youth Games (NYG), the age bracket is between 12 to 15, but for those within ages 15 to 20, there are no proper competitions, and Making of Champions (MoC) have just rescued us from that challenge.

    “I want to say thank you thank you to MoC. With these competitions, these athletes will look forward and will train towards them, because sometimes we lose the athletes between 15 and 18 because no good competitions to keep them going. We at the AFN will give you every support you need.”
    MoC Chairman Engr Olu Akani is optimistic that the championship sponsored by one of telecommunication giants in Nigeria will be a turning point for Athletics in Nigeria.
    Akani also highlighted the immediate and imminent rewards of staging Championship and appreciated the efforts of all the bodies backing the initiative.
    He said: “I am pleased that we now have a telecommunications giant identifying with our efforts to take Track & Field to lofty heights in Nigeria. This is indeed a monumental turning point in our country’s history in school sports and in Athletics. I have the conviction that Championship will unearth and foster athletics talents across the country and is poised to becoming the primary platform for identifying and nurturing promising athletes who can represent Nigeria in future international competitions.

    “Indeed, is a cumulation of years of the sacrifice and investment that has been made in the last decade by MoC to bring Nigerian athletics to where it needs to be, and now together, we can collectively uphold the vision and scale it to the highest standard imaginable that will ensure a resurgence of Nigeria’s bold footprint in global athletics.”
    More than 7000 athletes and 500 schools are set to battle for over 1000 medals and 32 school/team titles in the first edition of the Schools’ Athletics Championships which will take centre stage across four locations: Benin, Uyo, Ibadan and Abuja.

    A press conference held on Wednesday, unveiled a telecommunications giant as title sponsor, with the Athletics Federation of Nigeria (AFN) and the Nigeria School Sport Federation (NSSF) also partnering with the organisers of the historic initiative, Making of Champions (MoC), to ensure a hitch-free competition.

  • N1.6b StarTimes’ deal with NPFL is unacceptable to Nigerians, says Gara-Gombe

    N1.6b StarTimes’ deal with NPFL is unacceptable to Nigerians, says Gara-Gombe

    Sports Business and Tourism magnet Hon. Ahmed Shuaibu Gara-Gombe, has tagged the NI.6 billion deal between Nigeria Premier Football League (NPFL) and pay television service provider, StarTimes as a huge insult and ‘unacceptable’.

    Officials of NPFL and Nigeria Football Federation (NFF) signed the N1.6 billion five-year broadcast rights deal with the management of StarTimes in Abuja on Thursday.

    According to the Sports officionado, the N1.6 billion deal is a big insult to Nigerians and football stakeholders in the country.

    The Former Gombe United Football Club Chairman told The Guardian on Friday that, as far as he is concerned, selling the TV broadcast right of our league at just N1.6billion per year is total rubbish and is unacceptable. We won’t take such rubbish.
    “If you look at the size of our league, the market, the viewership and the population of our country, for somebody to came and give us a mere N1.6billion for our league, to say the least, is the most terrible thing to happen to Nigerian football. Is that of the value of our league? And to add salt to injury, StarTimes says it will broadcast just two matches per week. It is unacceptable.

    “I have someone who can bring in $11 million yearly to put the Nigerian league on television. How can someone collect just N1.6 billion for the Nigerian league? How much is N1.6 billion to the US dollars? If you go by current market value, N1.6billion is just about $830,000. Is that not madness? By the time you take out other expenses, how much will go to the clubs? It is unacceptable.”

    Speaking further, Gara-Gombe, who is currently the chairman of Gombe State Athletics Association, asked: “What was the yardstick used to bring in StarTimes? Was there a transparent bidding? How come the bidding process was not made opened to the public for other companies to apply or express their interest? Everybody is celebrating a mere N1.6 billion saying it is good for our football. What is good in it? We are talking of mere N1.6billion not in US dollars. Enough of this insult on Nigerian football! Where in the world will StarTimes make such offer? We are poor in so many areas, including infrastructures, medical and insurance for players. With the kind technology in existence all over the globe, StarTimes want to put just two of our matches on television on weekly basis. I have people with the technology that can give Nigerians all the matches played simultaneously on television. You can then choose the one you want to watch, and you can switch. We have the equipment and technology to do it.
    “I don’t want to call this deal with StarTimes a huge fraud. But how come the bidding process was not thrown open to everyone. Where on earth do you see this kind of thing? As I said earlier, I have someone who is ready to bring in $11 million into the Nigerian league. I am challenging anybody that the Nigerian league is worth $11million, and it is possible. Collecting just N1.6 billion from StarTimes, and everybody is clapping is an insult to all of us. It is unacceptable,” Gara-Gombe stated.

    President of the NFF, Ibrahim Gusau, who led members of the board of the NPFL to the signing in Abuja, on Thursday, said: “We thank God for making this day a reality. It has been our dream and earnest desire to do everything it takes to improve our domestic league.

    According to him, the broadcast deal was aimed at driving the interest of football fans in the country over foreign football leagues like the English Premier League (EPL).

    Chairman of the NPFL board, Gbenga Elegbeleye, said that the deal with StarTimes would potentially witness a N50million increment annually from 2023 to 2028

  • Governor Oborevwori celebrates pugilist, Ajagba for boxing victory

    Governor Oborevwori celebrates pugilist, Ajagba for boxing victory

    Delta State Governor, Rt. Hon. Sheriff Oborevwori, has celebrated the victory of Nigerian-born boxer, Efe Ajagba, over Austrialian Joe Goodall on Sunday.

    The hard-hitting Nigerian World Boxing Council (WBC) heavyweight contender stopped Australia’s Goodall in the fourth round of their 10-round main event at Tahoe Blue Event Center in Stateline, Nevada, United States of America.

    The fourth round knockout was a sweet revenge for the Nigerian who had lost to Goodall by a decision at the Commonwealth Games in Scotland.

    In a statement by his Chief Press Secretary, Sir Festus Ahon in Asaba, the Governor commended the triumph of the hard-hitting puncher for the victory over a formidable opponent.

    Governor Oborevwori also commended the remarkable performance of Nigerian music star and former winner of BBNaija, Michael Efe Ejeba, who heralded Ajagba into the boxing ring on the fateful day.

    He extolled the mentality of the two Deltan brothers- Efe Ajagba from Ughelli Kingdom and Efe Ejeba from Okpe Kingdom -for supporting each other to victory and for their outstanding performances showcasing the never- say- die and indomitable Nigerian and Delta spirit at all times.

    Oborevwori said: “On behalf of the government and people of Delta State, I congratulate our illustrious son and boxing champion, Efe Ajagba, on the successful defence of his WBC silver heavyweight title

    “With this victory, Ajagba has successfully defended his WBC title for the first time as he continues to build his name in the heavyweight division.”

    Oborevwori lauded Ajagba for his courage and discipline on and off the ring, and prayed that Sunday’s success would be a stepping stone to fulfill his ambition of becoming the undisputed World Heavyweight Boxing champion.

    “It is my belief that the accomplishments of Ajagba on the world stage would inspire many upcoming boxing professionals, to continue to believe in themselves for victory”, he said.

    He wished Ajagba and Efe a bright future and fulfilling boxing and music career, respectively.

    The Governor said: “Let me express my joy seeing two great sons of turn the potentials of our youths for the even development of our state and country”.