Connect with us

business

Zenith Basketball league: Plateau Rocks beat Black Gold Queens

Published

on

Zenith Bank Women’s Basketball League

Plateau Rocks Basketball Club defeated Black Gold Queens 58-44 in their Match Day 5 fixture at the Savannah Conference phase of the 2019 Zenith Bank Women’s Basketball League.

The News Agency of Nigeria (NAN) reports that the match was played at the indoor sports hall of the Moshood Abiola National Stadium in Abuja on Saturday.

Speaking later, the Coach of Black Gold Queens, Daddy Lawal, said his team lost as a result of the stress arising from the last game played.

“In our next match, we are going to improve better than what we did today and we are looking forward to making the necessary adjustments and calculations in our next match.

“What we do as a team is that we only check our mistakes and get to know how to improve more and do not look at others mistakes. So, our mistakes are what we are going to work better on,” he said.

Lawal added that the game’s officiating was alright, saying if he was looking out for the officiating he would lose focus.

 

“I am a coach, I should not be looking at the officiating, because if I look at the officiating I am going to lose all my matches.

“My players performed well. We tried to close the margin as possible as we can, but we ran out of luck.

“And we will work hard to win our remaining games,” he said.

Speaking also, Solomon Ringsum, the coach of Plateau Rocks, said they won the game because his players were impressive, adding that he was encouraged by their performance.

“We have achieved some of our objectives and we also have a goal of not continuing to stay at the local level but to pursue our main aim of taking our game to the international level.

“My players’ performance was very impressive. Looking at the first quarter, we had a difference of four ——- 16-12, second quarter 32-22 and third quarter 44-39.

“Right now we look to be on the next trip to Lagos. We have made a step ahead, because if we had lost the game today (Saturday), we could have been derailed,” he said.

Plateau Rocks will face Kaduna Angels, while Black Gold Queens will face Nigeria Customs on Monday.

The league’s conference phase, which began on Oct. 1 in both Abuja and Ibadan, is expected to end on Tuesday after having produced eight qualifiers for the National Finals in Lagos.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

business

Photo News from ongoing Russian-African Summit in Sochi, Russia,

Published

on

In a bid to support the nation’s economic drive, the Management of Heritage Bank Plc joined other Corporates and government agencies to brainstorm on the way forward for the African continents.

R-L: Wale Tinubu, Group Chief Executive, Oando Plc; Timi Alaibe, Non-Executive Director, Heritage Bank Plc; Chris Oshiafi, Group Managing Director of Pan African Capital Holdings; Ifie Sekibo, MD/CEO, Heritage Bank and Demetrios Halios, President/CEO of Halios Capital, at the ongoing Russian-African Summit in Sochi, Russia, yesterday.

Continue Reading

business

LEKKI SEAPORT: CHINESE INVESTOR INJECTS $629 MILLION TO COMPLETE PROJECT

Published

on

Governor Babajide sanwo-Olu

…Sanwo-Olu Witnesses Agreement Signing, Says Development A Major Milestone

In 30 months, Nigeria’s first deep seaport will be delivered in Lekki – a coastal community in the nation’s commercial nerve-centre – Lagos State.

On Wednesday, Governor Babajide Sanwo-Olu witnessed the signing of four agreements with China Development Bank (CDB), including $629 million financing facility, to accelerate the completion of the Lekki Deep Seaport project, which started in 2011.

The loan was secured from the Chinese bank after China Harbour Engineering Company (CHEC), which owns majority shares in the project, signed a 45-year concessionary agreement with Lekki Port LFTZ Enterprise Limited (LPLTZ) to complete the Phase 1 of the deep seaport project.

After completion, the deep seaport would have two container berths of 680-metre long and 16.5-metre water depth. It will also have the capacity to be berthed by fifth generation container ships, which has a capacity of 18,000 TEU ship.

Governor Sanwo-Olu described the development as “another milestone” for the State in infrastructural development and commerce, saying the signing of the agreements ended period of uncertainty that had trailed the delivery of the project. He noted that the completion of the project would invigorate the Lagos economy and push it up in the index of largest economy in the world.

He said: “This is a new beginning for us in Lagos. We have achieved another milestone in our efforts to transform the State and accomplish the 21st century economy ambition. As a Government, we are fully in support of the project. We will do all we can to ensure the terms of the agreements signed today are delivered within 30 months as agreed and we expect the outcome would catalyse Lagos’ fifth largest economy and take it up more in the index of largest economies in years to come.”

In the coming weeks, the Governor said more trade agreements would be signed with foreign investors, adding that his administration would continue to explore investments and partnerships that would accelerate growth and benefit residents of the State.

Chairman of Lekki Port Board of Director, Mr. Biodun Dabiri, noted that the development of the seaport was strategic for the growth of Lekki Free Trade Zone, pointing out that it would make “immense impact” on the nation’s economy by creating more than 200,000 jobs and generating about $350 billion in revenue for the State over the period of the concession.

He said: “The loan facility represents a significant milestone, which when combined with foreign direct investment of $230 million through equity injection by CHEC, will ensure a successful delivery of the seaport and reposition Nigeria as the transshipment hub in sub-Saharan Africa upon the conclusion of the second phase.

“The project is strategic for the economic growth of Lekki Free Zone, as it would support the massive industrial and petrochemical complex being embarked on in the Northern and Southern quadrant of the zone with investment over the next three years peaking at over $20 billion.

With Lekki Airport in view, there will be an emergence of a Harbour City which would be internationally connected by air and also with world-class integrated transport network of roads, rail and bridges.”

Dabiri said the concessionary agreements had the support of both the Federal and the Lagos governments, observing that the investors agreed with the terms and conditions laid down by the Nigeria Port Authority (NPA) and Lekki Worldwide Investment.

CHEC Chairman, Mr. Lin Yichong, said the Chinese engineering firm took interest to invest in the deep seaport to enable Nigeria strengthen its maritime infrastructure and business by building the first deep seaport that would ease of pressure at Tin Can Island and Apapa ports.

The Phase 1 of the project, Yichong said, will be built with annual handling capacity of 1.2 million TEU, adding that the capacity would be increased to 2.5 million TEU upon the completion of the second phase.

He said: “After the completion of the Lekki port, it would become the first deep seaport in Nigeria and the container transportation hub in Africa. It would also release big pressure off Apapa and Tin Can Island ports. In the course of the construction of the project, it is expected that a huge number of employment opportunities would be generated for residents of Lagos.”

CDB Deputy General Manager, Mr. Zhang Aijun, said the bank approved the loan facility, given the strategic importance of the project to Lagos’ economic growth. He said the bank considered the investment as basis for expanding its business in Nigerian and contributing to the development of the nation.

Managing Director of Tolaram Group in Africa, Mr Haresh Aswani, hailed Lagos Government for supporting the project since the beginning, adding that the completion of the deep seaport would change narrative of foreign partnerships with the government of Nigeria.

The highpoint was the signing of the four agreements, which was witnessed by the Oba of Lagos, Rilwan Akiolu, Consul General of Chinese Embassy in Lagos, Mr. Chu Maoming, and representatives of key stakeholders in the project.

Other agreements signed by the CDB, CHEC and LPLEL include Completion Agreement, Sponsor Support Agreement and Tripartite Keep Well Agreement.

Continue Reading

business

ALL SET AS SIJU ILUYOMADE PLAYS HOST TO THOUSANS OF PROMINENT NIGERIA WOMEN AT 2019 ARISE WOMEN CONFERENCE

Published

on

All is set as the highest convergence of prominent, technocrats, icons of business women in Nigeria will berth this weekend at the 11th edition of  Arise Women’s Conference put together by quintessential lawyer, Dr [Mrs] Siju Iluyomade, Convener and Founder of Arise Women Initiative, a faith-based Non-Governmental Organization. The annual event which is strategically designed to educate, empower majorly the women folk in the society will be held inside the popular RCCG, City of David, in Victoria Island, Lagos.
With huge momentum and great anticipation already gathering ahead of this year’s Conference which hold on Saturday 26th October 2019, the organizer led by Dr Iluyomade, wife of Shepherd in the Lord at the Redeemed Christian Church of God, City of David Parish, Dr Idowu Iluyomade, has invited top female dignitaries across the country as speakers and special guests to grace this years edition which is tagged #BLOOM.

 Leading the pack is the First Lady of Host State, Mrs Ibijoke Sanwo-Olu and wife of Governor of Lagos State Babajide Sanwo-Olu. Others include First Lady of Ekiti State, Mrs Bisi Adeleye-Fayemi, her Edo State counterpart, Mrs Besty Obaseki and that of Ogun-State, Mrs Bamdele Abiodun. Also on the list to grace the event is present and former First Lady of Kwara State Mrs Olufolake Abdulrasaq and Mrs Omolara Omolewa Ahmed.

Minister of Women Affairs, Dame Pauline Tallen, Mrs Salamotu Gbajabiamila, wife of Speaker of House of Representative will also be joined by distinguished Businesswomen and Boardroom gurus, Ibukun Awosika, Chairman of FirstBank ,Dr Stella Okoli of Emzor Pharmaceutical Ltd among others

This year’s Conference which is coming after the successful empowerment programme for over 1000 individuals, Arise Women Health walk by the NGO will also attract thousands of participant, with free shuttle buses provided in strategic location in the state as well as free medical checkups.

Continue Reading

Latest Edition of Prestige Intl. Magazine

Ad

Ad

Trending

Share