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Zenith Bank, Access Bank, and GTB Will Support The Nigerian Basketball Teams With ₦100m For Tokyo Olympics:

A statement by the ministry was shared Wednesday. Zenith Bank (N100 million), Access Bank (N200 million), and Guarantee Trust Bank (GTB), have all agreed to donate a combined sum of $200,000 to the D’Tigers/D’Tigress to take on the world in Tokyo within a few days.

Three commercial banks have adopted the Nigerian women and men basketball teams ahead of the Tokyo Olympics, according to the ministry of youth and sports development.

This development is part of an adoption initiative by the ministry of sport to assist athletes’ preparations for the Olympics.

The statement stated that the Ministry of Youth and Sports Development’s Adoption Initiative yielded more fruit on Wednesday when three commercial banks donated $200,000 (N100 million) to adopt the National Men’s Basketball Team D’Tigers and D’Tigress, who are both heading to the Tokyo Olympics.

“The Ministry noted the prompt response of Zenith, Access, and Guarantee Trust banks to Mr. Sunday Dare’s appeal for corporate organizations to adopt the national team.

“D’Tigers received $100,000, while D’Tigress got $100,000 to support their participation in the Tokyo 2020 Olympics.”

The D’Tigers are in group B with Australia, Italy, and Germany.

D’Tigress is also in group B, where they are expected to play France, Japan, and the USA.

The Olympics will be held from July 23 through August 8, with the basketball event starting on the third day.

Source: NaijaNGR

Rwandan Set To Launch ADA Crypto Charity Platform

Rwandan NGO Partners Cardano in Launching ADA Crypto Charity PlatformAfter announcing a partnership agreement, Save the Children in Rwanda and the Cardano Foundation, Save the Children in Rwanda became the latest NGO to endorse cryptocurrency.

According to a statement, this arrangement was made possible by Cardano, who “installed a Payment Gateway that allows ADA donations directly to the Project without intermediaries.” The funds will then be “invested into African-based Social Enterprises with a proven impact upon children, families, and youth.”

According to the statement, the system has already received donations of nearly 22,000 ADA (or US$30,000) within hours of its launch. Maggie Korde is the Save the Children country director in Rwanda. She describes how cryptos, and blockchain technology, can benefit schoolchildren from the country. She stated:

Cardano allows Save the Children in Rwanda to have a starting pot of cryptocurrency ADA that we can use for projects for children. Blockchain offers many possibilities to directly impact the lives of children through digital school records, as well as to improve our organization’s efficiency and transparency.

Save the Children: A New Path

Ettore Rossetti, senior advisor at Save the Children also praised the partnership. She said it has opened up a new “exciting path” for the organization and also discussed other solutions made possible by blockchain technology. Rossetti stated:

“By using blockchain technology, you could make supply chains more efficient and transactions more transparent. You could also end world poverty by decentralized universal basic income, which is a form of unconditional cash vouchers. This would be a dream to hold onto.

Save the Children was founded more than 100 years ago. It claims to have reached over one billion children. Save the Children claims it was the first global non-governmental organization to accept bitcoin donations from well-wishers. These donations were used for the funding of the response to Typhoon Haiyan, which struck Southeast Asia in 2013.

The Rise of Crypto Donations

Save the Children is not the only NGO that has received donations in digital currency. Give Well also started accepting cryptocurrency donations in December 2017. India’s Crypto Covid Relief Fund is another NGO that has received Shiba Inu tokens in the number of millions of dollars from Vitalik Buterin. Because crypto donations offer unprecedented transparency and accountability in funding, UNICEF is accepting them.

Save the Children in Rwanda has recently joined the Kumwe Hub to promote innovation and investment in Africa. This initiative will pilot projects such as digital IDs for refugees and academic records for children crossing border borders.

Source: NaijaNGR

Fury Vs Wilder Trilogy Fight Get New Date

On October 9, Tyson Fury will face Deontay Wilder in a rematch.

The WBC heavyweight title match between the Gypsy King and the American was scheduled for July 24, but Fury’s positive test for Covid-19 forced it to be rescheduled.

The third meeting between the couple had to be postponed. However, it has been moved three months later.

Fury stated that he wanted to smash the “Big Dosser” on July 24, but the beating will have too wait.

“Make no mistake, i will be back and more powerful than ever.

“We will fight on October 9th, and I will knock him spark off.”

Wilder was defeated by unbeaten Fury in their second bout in February 2020. This comes after Wilder’s controversial December 2018 split drawback.

Source: NaijaNGR

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