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Tiger Woods’ Masters win gives Nike investors another reason to cheer

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In his signature red shirt and black shoes with the Nike “swoosh” logo, the 43-year-old came back from a series of setbacks to claim his fifth Green Jacket on Sunday.

It ended an 11-year major title drought.

“A win for a high-profile endorser is a clear win for the brand,” Nomura Instinet analyst Simeon Siegel said.

Nike celebrated his victory by posting an ad on its website titled “Tiger Woods: Same Dream,” which has received nearly 500,000 views on YouTube in less than a day.

President Donald Trump praised the win, tweeting: “Love people who are great under pressure. What a fantastic life comeback for a really great guy!”

Nike and Woods forged a partnership that dates back more than two decades through good times and bad publicity.

The brand already has a celebrated pool of endorsers, including tennis star Serena Williams.

Basketball phenom LeBron James, football stars Cristiano Ronaldo and Neymar Jr, as well as golfers Francesco Molinari and Brooks Koepka are also on the list.

While not transformational, Woods’ win should provide a boost to Nike’s golf apparel business, marketing consultancy firm Metaforce co-founder Allen Adamson said.

“His win is good for golf and it’s good for Nike,” he said.

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Foreign

Endangered Sumatran tiger found dead in trap in Indonesia

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A male Sumatran tiger has been found dead in a wire snare trap in a forest area in Siak regency in Indonesia’s western province of Riau, a local authority said on Tuesday.

A rotten pig carcass was found inside the dead tiger’s stomach. The pig was presumably used as bait, according to the Riau Natural Resources Conservation Agency Center (BKSDA).

The agency received a report about the dead tiger on Monday from PT Arara Abadi (AA), a company holding industrial forest permits on the area.

The local conservation agency’s chief Suharyono said the company made the report after being told by a head of a village nearby of the incident.

“The area is the habitat of Sumatran tigers,” Suharyono was quoted by Indonesia’s state news agency Antara as saying on Tuesday.

The agency chief estimated that the male tiger, aged between one and two years old, was ensnared in a trap for about a week, worsening the wounds in the carnivore’s right front leg which most likely led to an infection.

The already critically endangered species also died of dehydration as the water source was far away from the location, he said.

The Sumatran tiger has been listed as a critically endangered species on the International Union for Conservation of Nature (IUCN) Red List since 2008.

According to the estimates of Indonesia’s Environment and Forestry Ministry, as of December 2018, the population of Sumatran tigers in the archipelago stands at no more than 600 due to a loss of habitat and poaching.

(XINHUA)

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Foreign

Sumatran tigers play in Ragunan Zoo amid COVID-19 outbreak in Jakarta

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A Sumatran tiger plays with a ball during an Instagram Live program in Ragunan Zoo amid the COVID-19 outbreak in Jakarta, Indonesia, May 17, 2020. Ragunan Zoo management has prepared the Instagram Live program since the zoo is closed to the public amid the COVID-19 outbreak. (Xinhua/Agung Kuncahya B.)

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Sport

U.S. Basketball player to play for D’Tigers at 2021 Olympics

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Nigerian-American and Brooklyn Nets Guard Spencer Dinwiddie is in the process of acquiring a Nigerian passport to be eligible to play for the D’Tigers at the 2021 Summer Olympics Games.

Dinwiddie appeared to confirm his intention Saturday, writing in response to an online report by The Athletic on Twitter: “Well, now y’all know lol.”

Dinwiddie was born on April 6, 1993 to a Nigerian father Malcolm Dinwiddie.

He played college basketball for the Colorado Buffaloes and earned first-team all-conference honours in the Pac-12 as a sophomore in 2013.

He missed most of his junior year after injuring his anterior cruciate ligament (ACL).

Dinwiddie recovered and was selected by the Detroit Pistons in the second round of the 2014 NBA draft.

After two seasons with the Pistons, he joined the Nets in December 2016. In December 2018 he signed a three-year contract extension with the Nets.

In spite of finishing 10th in All-Star voting for Eastern Conference guards and recording a career-high 41 points in December, Dinwiddie was not on the list of Team USA finalists.

By obtaining a Nigerian passport, Dinwiddie will become eligible to compete with the country in the 2021 Summer Olympics.

The News Agency of Nigeria reports that the Tokyo Olympics were scheduled to be held in July and August, but they were postponed until 2021 due to the Coronavirus pandemic.

D’Tigers team includes NBA players Al-Farouq Aminu, Josh Okogie, Chimezie Metu and former NBA forward Ekpe Udoh.

The current Golden State Warriors assistant coach and former Cleveland Cavaliers and Los Angeles Lakers head coach Mike Brown was hired by the national squad in February.

Nigeria qualified for the 2021 Olympics by being the top-placing African team in the 2019 FIBA World Cup.

NAN reports that when the NBA season was suspended more than a month ago, but Dinwiddie was averaging 20.6 points, 3.5 rebounds and 6.8 assists per game.

He started the season coming off the bench, but Dinwiddie, 27, moved into a starting role when Kyrie Irving suffered a shoulder injury.

Dinwiddie has started 49 of 64 games for Brooklyn this season.

(
Edited By: Gregg Mmaduakolam/Peter Ejiofor) (NAN)

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Economy

Katsina to begin export of tiger nuts, hibiscus sorrel -Gov. Masari

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Katsina State Government has identified Tiger Nuts, Hibiscus Sorrel (Zobo) and Sesame Seeds for export.

Katsina State Governor, Aminu Masari said this in his keynote address during Katsina State Special Day at the ongoing 41st edition of Kaduna International Trade Fair on Thursday in Kaduna.

The theme of the event was:  ‘Unlocking Nigeria’s Economic Potentials through Regional Integration.”

Masari said  Katsina government had also secured the commitment of export development financiers especially the export-import bank (NEXIM) to collaborate with them in the drive .

“There is no better strategy to develop the worth of our people more than commerce and industry, Nigeria has the potentials and the north in particular is filled to the brim with natural resources.

“This year’s fair is very suitable and have  captured the sentiments and commitment of my government to collaborate with other states to develop our commonwealth in order to solve our common challenges.

“The challenges of our country and our region in particular is improper harnessing of our resource endowments and deploying them for industrialisation,” he said.

Masari noted that Katsina state was focusing on development of the necessary infrastructure for making the state a real hub for industrialisation and commerce.

“My government recognises that sustainable development requires infrastructural facilities and uninterrupted supply of quality utilities of power and water.

“In this light, Katsina government has earmarked 800 hectares of land for the establishment of international standard industrial park and the work has already commenced.

“The other aspect will be to properly package the opportunities for selection by investors, most of which are Agro-allied for which also we have specialised state agencies to handle,  including the ministry of commerce itself and other relevant agencies,” Masari said.

In his address, the state Commissioner of Commerce, Industry and Tourism, Mukhtar Abdulkadir, said government has been training the youth in small and medium scale businesses in view of its importance to the growth of any economy.

“This effort has culminated into bringing and formalising many trade groups,”  he said,  adding that the government the government has been organising them into clusters.

He urged investors to tap into the state’s numerous potentials, assuring them of incentives such industrial plots, tax holidays, business counselling and diagnosis. 

Edited By: Chioma Ugboma/Maharazu Ahmed (NAN)

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General news

NBBF hires Mike Brown of Golden State Warriors as Head coach for D’tigers

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The Nigeria Basketball Federation (NBBF) on Wednesday said it had hired U.S based Mike Brown, supported by Alex Nwora and J.B Bickerstaff, to lead Nigeria’s men team, D’tigers, to 2020 Summer Olympics.

NBBF President, Musa Kida, told newsmen in Lagos that the team would be booked by the quality services of Brown who is highly reputed in the U.S.

According to Kida, Brown holds a very credible profile having worked as an assistant head coach to the victorious Golden State Warriors of the U.S.

According to Kida, Brown also boasts of strings of success with clubs like Cleveland Cavaliers, Loss Angelis Lakers, Cleveland Cavaliers to mention a few.

“His appointment was part of the determination that this administration had promised to bring the best to the development of basketball in Nigeria, especially the senior national teams.

“His appointment would also attract the best players that we have far and wide who, like in the past, want to represent Nigeria at the top competitions.

“Although his appointment is for the Summer Games, but I am confident that he would go beyond that because he is so passionate about progress of basketball in Nigeria,” Kida said.

On the possibilities of the team performing credible well at the Olympics, the president said that he was confident of the team doing well and going beyond the past records.

“We are confident of putting up a great team out there, our players at the senior national levels for men and women have always shown commitment and determination to do well.

“D’Tigers and D’Tigress have the spirit to win, they have what it takes to shock the world, the prospect is very high, especially with the quality of players we intend to invite,” Kida said.

According to the president, the newly appointed coach Brown is passionate about contributing a lot to the develpment of basketball in Nigeria.

“He wants to go beyond the Olympics because he is passionate about the progress of the sport in Nigeria.

“His assistant, Alex Nwora, would be more supportive, having been around for a while and having also good knowledge of our players.

“They would form a formidable team that can take Nigeria beyond the past records and perhaps make it to the podium, I am very positive the coaches would work together.

“Nwora definitely have respect for Brown and he knows he stands a lot to gain working hand-in-hand with a high profile person in Brown.

Edited By: Wale Ojetimi

*

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Sport

D’Tigers to start 2021 Afrobasket qualification race November

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21 with all of the qualified 20 countries divided into five groups.

“The top three teams from each group will automatically qualify for the FIBA AfroBasket 2021 to be held in Rwanda,’’ he said.

(Edited by: Remi Koleoso and Olawale Alabi)

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General news

200 golfers for 2019 Tiger Open in Ibadan

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No fewer than 200 golfers were expected to feature at the 24th Tiger Amateur Open Golf Championship scheduled for between Dec. 13 and Dec.15 at Tiger Golf Club (TGC), Adekunle Fajuyi Cantonment, Odogbo, Ibadan.

The Tiger Open was the biggest amateur golf tournament in Nigeria in which golfers compete in various categories for prizes.

The Ibadan Captain of the club, Alfred Amubioya said in an interview with the Nigeria News Agency on Monday in Ibadan that the 2019 edition will be unique because of its composition.

Amubioya said that for the first time, invited golf professionals would take part in the tournament.

He also said that participants would vie for prizes in no fewer than fifteen categories.

Some of the participating clubs were- Ikeja Golf Club, Ikoyi Golf Club, Abeokuta Golf Club, Sagamu Golf Club, MicCom and Country Golf Club, Ada.

Others included Tiger Golf Club, Ogbomoso Golf Club and Ekiti Golf Club, Kaduna

Golf Club, Jaji Golf Club, Ibom Golf Club, Otukpo Golf Club and IBB Country Golf Club.

He said golf enthusiasts all over the country were always looking forward to the Tiger Open considered as the climax of all golf events in the Nigerian golf calendar.

This year’s edition will be different with the number of participants expected and prizes to be won.

This year will be the 10th edition we are playing the Tiger Open on our course (Tiger Golf Club) having played the first 15 editions at Ibadan Golf Club (IGC).

“We are expecting no fewer than 300 participants and guests to the city of Ibadan to take part in the tournament,’’Amubioya said.

Edited by: Emmanuel Okara/Ali Baba-Inuwa
(NAN)

 

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Foreign

S/Africa’s Tiger Brands looking at sale of processed meats business

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South Africa’s Tiger Brands is exploring the sale of its processed meats business, which was temporarily closed last year following the world’s largest ever listeria outbreak, it said on Friday.


The company is facing a class action lawsuit over its role in the incident, in which a listeriosis outbreak that killed more than 200 people in South Africa was traced back to a factory run by Tiger Brands-owned Enterprise Foods.


The country’s leading food producer said its Value Added Meat Products (VAMP) division had been earmarked for review prior to that event, and that the review had concluded it was “not an ideal fit’’ within the portfolio.


Tiger Brands said in a stock market statement that the board had started formal due diligence on Nov. 6 after receiving ““several indicative offers’’.


It will further evaluate its options once this is completed, it said.


The unit’s revenues slid 79 per cent in the six months to end March, prompting an operating loss of 296 million rand (20.05 million dollars) as it struggled to get back up and running following the suspension of its operations. It reopened in December 2018.


The company said the prospective sale of the unit does not affect its commitment to the class action process currently underway.


It added that it had decided to close down its Deli Foods business in Nigeria following a review, as the business continued to incur losses despite efforts from management.


Operations ceased in October and all formalities relating to the closure would be completed in the next few months, it said.



Edited by Abdullahi Mohammed/Muhammad Suleiman Tola

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Foreign

Tiger siblings rescued in Germany relocated to South Africa

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The Four Paws animal welfare organisation, said on Thursday that two tigers rescued in Germany have been moved to a sanctuary in South Africa.

The tigers are expected to spend the rest of their lives at the sanctuary because they cannot be released into the wild.

“Sadly, the story of Bela and Sharuk is one of many examples of how the trade in tigers is out of control.’’

“The breeding and trading of tigers is allowed throughout the European Union and in many other countries,’’ it said in a statement.

The tigers were born in 2014 in the garden of a private keeper in Germany, who was forced to give up the animals because minimum prescribed keeping standards were not met, Four Paws said.

Another tiger sibling, Imara, did not survive.

Bela and Sharuk spent more than four years at a sanctuary in Germany before being transferred to the Lionsrock Big Cat Sanctuary in South Africa, even though tigers are not indigenous to Africa.

“A tiger in South Africa may sound strange, but when you know the story of the individual, sometimes it makes perfect sense,’’ said Fiona Miles, the director of Four Paws in South Africa.

“Bela and Sharuk were born in a garden in Germany, a place where tigers clearly do not belong either,’’ she added.

“At Lionsrock, we provide them with a home that gives them the peace, safety and comfort in an environment that helps them feel more at ease.’’

Four Paws has started a petition calling on the European Commission, the EU’s executive, to ban the commercial trade in tigers.

More than 210,000 people had signed it by Thursday.


HS/IS

Edited by Halima Sheji/Ismail Abdulaziz

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Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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