Fadekemi Olude Vows to Reclaim Title

first_imgOlude Fadekemi To reclaim the number one position at the 2019 Marathon, Olude revealed that she has since stepped up her training schedule and she was equally working extra hard to ensure a resounding victory this term.“I was not too happy that I could not defend my title last year, I only finished in second place but this year, I want the first position again,” she said.Olude who had a memorable 2018 in which she represented Nigeria at the Commonwealth Games in Australia and also emerged as a gold medal winner at the National Sports Festival among many other accomplishments said she was keen to start 2019 brightly with a win at the Lagos Marathon.“The year 2018 was very good for me but of course I want 2019 to be better, starting with the Lagos Marathon, I will also be competing at the All African Games and many other competitions this year,” Olude said.Asked who her major threat could be at the 2019 Access Bank Lagos City Marathon, Olude identified Deborah Pam as her major threat but promised to give her a run for her money this year.As a means of encouraging Nigerian runners, a separate prize category has always been in place to reward the local runners outside the general prizes for all runners from across the world.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram ACCESS LAGOS MARATHONAfter being beaten to the first position among Nigerian (female) runners at the 2018 Access Bank Lagos City Marathon, Olude Fadekemi, has vowed to reclaim her crown at next month’s race.Olude who is the current national record holder in the 20km Walk Race finished as the number one Nigeria woman at the 2017 Access Bank Lagos City Marathon, but she dropped to second place in 2018; losing the crown to Deborah Pam.last_img read more

Students can receive up to $10,000 in tax credits

first_imgCollege students could receive up to $10,000 in tax credits over the course of their education as part of an extension of the American Opportunity Tax Credit.Renee Cohn | Daily Trojan U.S. Treasury Secretary Tim Geithner and U.S. Secretary of Education Arne Duncan unveiled the revised AOTC on Thursday to students and parents at Woodrow Wilson Senior High School in Washington, D.C.The goal of the AOTC is to make college financially attainable for all Americans and to alleviate the rising costs of a college education.Individuals making less than $80,000 a year and married couples making less than $160,000 a year will qualify for the AOTC, according to the Internal Revenue Service. Approximately 9.4 million students with college students are expected to qualify for the AOTC this year, according to a Treasury Department analysis.The AOTC, which was initially passed under the American Recovery and Reinvestment Act of 2009, is an expansion of the Hope Credit.Unlike the Hope Credit, which only covered the first two years of a college student’s education, the AOTC covers four years of post-secondary education with a maximum tax credit of $2,500 per year. The AOTC also provides an allowance for textbooks.The AOTC is expected to cover 80 percent of tuition and fees at a two-year public college or 30 percent of tuition and fees at a four-year public college, according to a Treasury analysis.Thomas McWhorter, executive director of financial aid at USC, sees the AOTC as positive news for both current and prospective students and their families.“I certainly think that [the AOTC] will help families,” McWhorter said. “We can exclude an additional $2,500 from [a family’s] income when assessing them for financial aid.”The average family is expected to receive a tax credit of $1,900.Grace Paek, a freshman majoring in health and humanities, said she is excited about the AOTC, but worries that a $2,500 tax credit will not significantly benefit a family with a college student.“I’m glad [Obama] is looking at rising tuition costs, but I don’t know if $2,500 will do that much,” Paek said. “College tuition is rising so quickly.”Samantha Gurash, a freshman majoring in writing for screen and television, questions how the AOTC will be funded.“In theory I agree with the [AOTC],” Gurash said. “But I want to know where the money is coming from because there are so many other things that need to be paid off right now.”In a joint blog post, Geithner and Duncan discussed the correlation between a well-educated population and America’s global economic success.“The nations that best educate their children today will be the nations that lead the global economy in the 21st century,” they wrote. “In order to have the best-educated workforce, we must help put college education within reach for all students and their families.”The AOTC is expected to award $18.2 billion in tax credits to students and parents, according to Duncan and Geithner.Geithner and Duncan also announced the simplification of the Free Application for Federal Student Aid and an increase in Pell grant funding to lessen the financial burden of college tuition.last_img read more

Back Again…PIRC warns against Paddy Power Betfair executive compensation

first_img Submit Share Share BGC: Charities win big as bookies take beating in Britannia Stakes June 19, 2020 FSB selects Glenn Elliott as new COO August 12, 2020 Shareholder advisory Pensions & Investment Research Consultants (PIRC) has again criticised Paddy Power Betfair (PPB) governance regarding executive rewards and bonus arrangements, ahead of the FTSE firm’s annual general meeting this Wednesday.PIRC advises PPB investors to reject the firm’s remuneration report, due to concerns regarding the ‘termination arrangements’ for PPB governance and leadership.The shareholder advisory points to last year’s €3.7 million payment of former group Chief Operations Officer and Paddy Power (legacy) CEO Andy McCue, which deemed ‘excessive’ by PIRC officials.Furthermore, PIRC has urged shareholders to oppose the motion which would allow PPB governance to sanction an executive buyback program for up to 10% of the firm’s total holding.The advisory states that PPB governance have given ‘no clear justification’ for allowing the program. The advisory further details that PPB investors should have a better level disclosure relating to executive targets and bonus incentives.Dating back to 2014, PIRC has attacked Betfair (legacy) corporate governance and leadership of executive reward misconduct, and not acting in the best interest of its shareholders and their dividends. Related Articles Alex Gersh returns to betting as Sportradar CFO   July 13, 2020 StumbleUponlast_img read more