Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY THUR. 15 2018


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LOCAL HEADLINES:
PREMIUM TIMES
Seven feared killed as armed persons attack Kogi community
2019: GoFundMe suspends Omoyele Sowore’s campaign to raise $2million
FEC approves proposed agreement on African free trade
Akwa Ibom govt imposes curfew on two local govt areas
Plateau imposes curfew on communities as attacks continue
Polytechnic to honour three Nigerian governors
IAAF Grant: Reps to probe alleged missing $150,000
2019: PDP announces ‘generation next’ plan
#Dapchi parents speak of Buhari’s visit ‘regret
PUNCH
Schoolgirls abduction: My response better than Jonathans, says Buhari
Reps to override Buhari on Peace Corps bill, nine others
Lalong declares curfew as herdsmen kill two soldiers, two cops
Poll reordering: Pro-Buhari senators collate signatures to thwart Senate veto
Journalists, others injured in Obasekis convoy accident
My legs have lost sensation, I need treatment abroad Metuh
Fire guts Olusosun dump, burns Lagos buses
Court hears Cross Country, AG Moellers case March 27
SAHARA REPORTERS
Nigeria Ranks 91 In World’s Happiest Countries Survey
Unlike Jonathan, My Gov’t Responded Promptly To Missing Girls- Buhari
Herdsmen Kills Two Brothers In Benue
Protest By Muslim Groups Rocks National Assembly Public Hearing Over Amasa Firdus, Law School Hijab Controversy
Breaking: Olusosun Dumpsite Inferno Destroys LAGBUS Vehicles, Trucks, Wares
Suicide Bomber Kills Scores, Injures 6 In Maiduguri
Fake Marriages Taking Place In Nigeria – Immigration Service
In Dapchi, President Buhari Pledges Safe Return Of Dapchi Schoolgirls
DAILY POST
BREAKING: Again, herdsmen attack Benue community, kill traders
Jibrin finally speaks after being recalled by National Assembly
Dapchi girls: Omokri attacks Buhari over Chibok comparison
Stop comparing level of incompetence, leave Jonathan alone – Aisha tells Buhari
Court stops National Assembly from taking further actions on Electoral Act
Dapchi abduction: What we are doing to rescue schoolgirls – Buhari
Again, Reps postpone Law School Hijab public hearing indefinitely
Dino Melaye accuses Kogi Governor, Bello of forming another Boko Haram with vigilante group
Olisa Metuh arrives court on wheelchair, begs to travel to UK
VANGUARD
Innoson challenges jurisdiction as Court adjourns till April 25 for arraignment
Buhari losing control of security chiefs ‘PDP
Nigerian are getting poorer- IMF
EKITI GOV POLL: My deputy’s victory’ll be easiest in our political history ‘ FAYOSE
INEC’s 36-year election timetable
Stop distorting facts, hate speeches, Itsekiri leaders tell Clark
Barcelona may face questions from UEFA
Barcelona vs Chelsea: Lionel Messi a super, super, super top player ‘ Conte
Tiwa buys house in Lekki, street named after her
When shall we see the back of Boko Haram'(2)
TRIBUNE
Reps to re-transmit Electoral Act Amendment Bill for presidential assent
Unlike Jonathan on Chibok, I acted fast on Dapchi abduction ‘Buhari
Tillerson’s sack: FG says no negative effect on US, Nigeria relations
Reps to audit Abuja investment company limited
Buhari didn’t handle Dapchi kidnap better than Chibok saga ‘Jonathan’s aide
Ekiti 2018: Fayose predicts easy win for his deputy
SPEECH: Buhari in Yobe speaks on steps taken to rescue kidnapped Dapchi girls
Reps vow to unravel alleged rape cases in IDP camps
Buhari arrives in Maiduguri en route Yobe
Buhari sincere on addressing infrastructure deficits ‘Fashola
WORLD HEADLINES:
AL JAZEERA
Afrin attack: Turkish forces prepare final assault
UK to expel 23 Russian diplomats over spy poisoning
US: Trump’s son-in-law adviser under renewed fire
Suicide blast claimed by Pakistan Taliban kills six
Hungary jails Syrian refugee for ‘act of terror’
Anti-Islam Britain First group banned by Facebook
How Stephen Hawking supported the Palestinian cause
UK: ‘Culture of fear’ styming Muslim integration
Pakistan, India trade barbs over ‘harassment of diplomats’
Tariq Ramadan: The professor of European Islam
AFP
Syria conflict rages as war enters eighth year
Toys ‘R’ Us to liquidate all US stores
Philippine poor pay the price for divorce ban
Federer breezes into quarters at Indian Wells
Top bottled water brands contaminated with plastic particles: report
Australia considers visas for ‘persecuted’ white SAfrican farmers
‘#ENOUGH’: US students stage walkout against gun violence
‘Panama Papers’ law firm shuts down operations
CNN
Assad may win Syria’s war, but he will preside over a broken country
US military reveals new firefight in Niger
Assad may win Syria’s war, but he will preside over a broken country
The boys whose arrests sparked the Syrian war
How seven years of war turned Syria’s cities into ‘hell on Earth
How Syria’s war changed the world
West should stop feigning heartbreak over Syria
She’s been in the US House for 35 years
US ambassador: Russia could use chemical attack anywhere
Astronaut’s DNA no longer matches twin’s after spending a year in space
Another Trump attorney involved in Stormy Daniels case
Democrats have a new playbook to win in Trump country
Toys ‘R’ Us shutting down in US and UK
Dementia risk linked to your fitness level
Body of Nobel winner’s wife found in Illinois landfill
Video shows how police helicopters collided
Putin visits Crimea, touts annexation ahead of election
Inside the US submarine challenging Russia in the Arctic
2 Navy aviators dead after F/A-18 jet crashes
Dog bound for Kansas mistakenly flown to Japan on United
See ‘Elsa’ rescue snowed-in police wagon
ASSOCIATED PRESS
Nader, Mueller’s latest cooperator, a convicted pedophile
Students around US stage huge walkout against gun violence
Today
Prison death highlights challenges of assigning cellmates
US and Nigeria see painful parallels in school safety debate
Docs link Trump Org lawyer to effort to silence porn star
Toys R Us is planning to liquidate its US operations
Tillerson ouster may hasten demise of Iran nuclear deal
50 years ago, the My Lai massacre shamed the US military
Yes, canned soup may be fueling North Korea’s air force
Go Time? Rumor mill puts coaches, teams in awkward spot
BBC
Amazon Japan offices raided over anti-trust suspicions
Financial crisis rules for banks eased by US Senate
Basketball, football, gaelic football and now rugby – prop Peat’s Ireland journey
Russian spy: White House backs UK decision to expel diplomats
Lawsuit over Broadway play To Kill a Mockingbird
Pierce Brosnan says India mouth freshener brand ‘cheated’ him
Perumal Murugan: India’s ‘dead’ writer returns with searing novel
Great Britain edged out by South Korea in wheelchair curling
Facebook-WhatsApp data-sharing plan blocked by UK watchdog
Time limit ‘protects YouTube moderators’ from disturbing content
Uber changes app following TfL concerns over licensing
Conte says Chelsea’s 3-0 defeat in Barcelona was ‘unfair
YouTube prankster jailed for shooting boyfriend dead
England head coach Jones apologises for offensive comments about Wales and Ireland
Libya migrants: Smuggling network arrest warrants issued
Bayern thrash Besiktas to reach Champions League last eight
Hawking: Did he change views on disability
Oklahoma to use nitrogen gas for executions
Thousands more women with heavy periods to be offered test
Race against time’ for rival World Cup of Tennis plans
Florida shooting: Students vow ‘never again’ in US walkout
BUSINESS HEADLINES:
10 business Opportunities in Enugu state in 2018 – Financial Watch
10 business Opportunities in Imo State in 2018 – Financial Watch
10 Companies That Arm Employees With Tools To Fix Customer Problems – Forbes
12 signs your boss is impressed with you, even if it doesn’t seem like it – Business Insider
15 Tips For Anyone Looking To Make A Career Move In The Near Future – Forbes
18 of the Best Bourbons and Best Ryes for Kentucky Derby Season 2018 – Forbes
2 crewmembers killed after US Navy F-18 fighter jet crashes in Florida – Business Insider
24 Email Marketing Stats Every Business Owner Should Know (Infographic) – Entrepreneur
33 ships laden with petroleum products, food items, to arrive Lagos ports – Tribune
33′ Export Strengthens Friendship Bonds With Experience Parties – Daily Independent
5 important things happening in South Africa today – BusinessTech
A controversial practice tearing Wall Street apart is about to be put to the test – Business Insider
A key engine of the economy is flashing a warning sign – Business Insider
A trading technology firm has built a Wall Street-grade platform for cryptocurrency – Business Insider
A White House ‘blood bath’ simmers as national security adviser H.R. McMaster is reportedly at the front of Trump’s firing line – Business Insider
AAA, Ford, Toyota, BMW: All See A Future With Fewer Cars – Forbes
ACCI , Tunisian Business Community Partner To Boost Regional Trade – Leadership
ACCI partners with Tunisians to boast regional trade – The Authority
SPORTS
2018 FIFA WC: Rohr lists Eagles with automatic shirts – Vanguard
AJ McCarron Signs 2-Year Contract with Bills After 4 Seasons with Bengals – Bleacher Report
Ajax to host holiday clinics – Kickoff
AL Ittihad chartered flight for Akwa United – The Nation
Al Ittihad to Storm Uyo Today by Chartered Flight – Thisday
Analysis: ‘The lowest point under Wenger – but he has held firm – BBC
Andrew Wiggins Is Holding Timberwolves Back, Not the Other Way Around – Bleacher Report
Arsenal must block out a backdrop of hate and focus on their Europa League task – Yahoo
Arsenal Transfer News: Gunners Reportedly Want Max Meyer If Jack Wilshere Leaves – Bleacher Report
Atlas terminates Alexi Gomez’s contract after player spotted playing pickup game – Goal
Atletico Captain Gabi Trains in Shorts in Moscow After Comparing Russian City to Albacete – FTBpro
Bala named technical adviser of Kwara United – Peoples Daily
Barcelona 3-0 Chelsea: Lionel Messi Magic Guides Barcelona Into UEFA Champions League Quarter Finals – FTBpro
Barcelona Beat Chelsea in Champions League After Lionel Messi Brace – Bleacher Report
Barcelona Full Back Jordi Alba Expecting ‘Very Difficult’ Test Against Chelsea at Camp Nou – FTBpro
Barcelona is Messis home – Busquets – Daily Trust

Tracking Times – Entertainment
ENTERTAINMENT
#BBNaija ‘ Day 45: Mixing Business with Pleasure, The Big Brother & More Highlights – Bellanaija
#BBNaija2018: Cee-C Speaks On Her Virginity Again In Fresh Conversation – Information Nigeria
18-Year-Old Girl Commits Suicide Over Poor JAMB UTME Score In Delta State – Information Nigeria
20Yrs Old Boy Commits Suicide By Hanging In Jigawa – Nigerian Pilot
22 yrs old girl and her 39 yrs old mother Sells Newly Born Baby For N250k In Lagos – Nigerian Pilot
3 Generations! This Portrait Of Kim Kardashian, Her Mother & Grandma Is Everything! – NET
33’ Export Kicks Off 2018 Edition Of Friendship Experience Parties In Abuja, Uyo, Asaba, Lagos. – Information Nigeria
4 Things to Consider When Choosing a Business Partner – Olufamous
5 Netflix Shows To Watch If You Like ‘Narcos – Huffington Post
Actor Ali Nuhu And Wife Maimuna Garba, Celebrate 15th Wedding Anniversary (Photos) – Information Nigeria
Actress Funke Adesiyan Shares Adorable Pictures As She Turns A Year Older – Information Nigeria
Adamawa State Governor, welcomes home #MissNigeria 2017 – Daily Times
Adeshewa and Laolu’s Beautiful Pre-Wedding Shoot + Love Story #SLAAY18 – Bellanaija
After a lost record deal, Scotty McCreery rebounds on a song – Associated Press
Amazon and Twitch are giving free games to Prime members every month (AMZN) – Business Insider
BBNaija records first break in transmission – The Nation
BBNaija temporarily goes off air – New Telegraph
Business
As Nigerians Battle Pains Of Soaring Petrol Price
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy.

BY IFEANYI MOGBOLU
The Daily Times-The latest fuel price hike in Nigeria is beyond frustrating. Every time we think it can’t get worse, it does, and yet again, ordinary Nigerians bear the brunt of it.
It’s like a never-ending cycle, where the government’s promises of reforms or stabilisation always end up as empty rhetoric. The cost of living is already sky-high, and now, with fuel prices rising again, transport fares, food prices, and basic commodities are bound to follow suit.
It’s enraging because it doesn’t feel like anyone is truly considering the everyday citizen who is struggling just to survive.
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy. The subsidies are gone, and now we’re left in a situation where the prices of everything keep climbing, while salaries remain stagnant or non-existent for many.
The disparity between the elites and the masses is growing, and it feels like nobody in power truly cares about the suffering of the people.
READ ALSO: NNPC Lied About Pump Price, Our Fuel Is 15% Cheaper Than NNPCL’s Imported Ones — Dangote
Hardship: ‘Suspend All Policies Impoverishing Nigerians’, NASME Begs Tinubu
Naira Hits Six-month Low In Official FX Market, Prof. Steve Hanke Slams Tinubu
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground.
It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum. The state of living is unbearable, and the lack of empathy or real action from those in power only adds salt to the wound.
There’s a deep sense of anger and betrayal that comes with seeing your country’s wealth mismanaged, while the people continue to suffer. It’s hard not to feel like we are constantly being taken for granted, pushed further into hardship without any hope of relief. Something has to give, because this state of affairs is unsustainable.
QUOTE:
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground. It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum.
Business
Nigeria To Receive $5.600,000 From Bill Gates, For Health And Agricultural Reforms, GMOs
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Bill and Melinda Gates Foundation is giving Nigeria through Vice President Kashim Shettima, a $5.600,000 funds to speedy up health and agricultural reforms in favour of the GMOs in Nigeria, and flood relief.
Through the Foundation’s head of Global Development Programme, Dr Christopher Elias, Bill Gates pledged $5 million grant approved for Lagos Business School and partners to develop the agricultural economics they called “industrial cassava” and $600,000 for flood relief in Borno State and other health sector initiatives.
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.
Recall that on 4 September, Bill Gates had described the Nigeria’s economy as “stagnated” and proposed agricultural reforms for faster and increased growths in crops, fruits, vegetables amongst others to enhance nutritional values of the Nigerian citizens through the agricultural sector.
In that meeting Chaired by Vice President Kashim Shettima, Bill gates urged Nigeria to adopt “innovative crop varieties with shorter growing periods, higher yields, and better pest resistance” pointing to the GMOs to address the food crisis.
READ ALSO: Bill Gates, Anthony Fauci and conspiracy theories (part 2)
Nigeria’s economy stagnated – Bill Gates
Nigeria Is Not Meant To Exist, A Collateral Damage And British Royal Niger Corporation -Burna Boy
Moreover, at the 79th UN General Assembly in New York, VP Shettima reaffirmed to the Bill and Melinda Gates Foundation, the commitment of the administration of President Bola Ahmed Tinubu prioritizing health, nutrition, and agricultural development in Nigeria’s national agenda.
In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.
He emphasised the Federal Government’s dedication and urgently working to secure locations for maize production under the Telemaze programme.
VP Shettima, promising swift action to the Gate’s Foundation on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.
“We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.
“With the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”
In his response, President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is burdened with worries of the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”
Speaking of Polio, the Foundation said, “We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.
Also, President of Global Growth & Opportunity Division at the Bill & Melinda Gates Foundation, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme emphasizing that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.
In his words, “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees stressed.
He requested import permits for 5,000 metric tons of certified GMO maize seed to build a foundation seed system in Nigeria.
Business
Managing, Leading, Building Institutions And Sustainability
The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future.

By Babs Olugbemi
One of my concerns for leaders is their capacity to be ambidextrous. Regardless of years of experience, knowledge, and leadership capacity, the lack of a clear distinction between managing and leading on the one hand, leading and building institutions on the second layer, and ultimately focussing on sustainability is a significant threat to successful leadership change.
I have followed events and people at C-suites, coached some, and developed frameworks for leadership development. Based on the personalities and styles of the new leaders, I have confirmed my fears about leadership sustainability in most African organisations.
“Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.”
The challenge for leaders is how to lead for the present and future without losing sight of the stakeholders’ immediate performance expectations. Successful leaders can aptly differentiate themselves and their roles without necessarily seeing activities as performance, focussing on what is required of them with appropriate tenacity and influence.
READ ALSO: Leadership, not God responsible for Africa’s poverty
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In my walk as a leadership coach, I have keenly observed leaders who are managing rather than leading. Managing involves ensuring that processes achieve their intended outcomes. Leaders are above managing and should focus on creating an enabling environment for innovation, inventions, and team collaboration. The primary role in leading is not to monitor process outcomes, though critical to the company’s overall objectives, but to align corporate values with the people’s aspirations to create an engaged and ownership-thinking mindset ready to take on challenges and explore opportunities. An alignment of corporate and personal goals will not only deliver the present performance expectations. Still, it will also incubate innovations to adapt to future market demands and the sustainability of the business.
Unfortunately, the capacity for ambidexterity is rare and often marked by leaders’ exposure, approach and styles, perception, and perspective of their roles in the organisation. A leader with a wrong foundation in these areas is set for failure and awaits unfavourable decisions from the board of directors. A top-level leader might manage their teams instead of leading them. Not all leaders can combine leading for the present with building institutions. However, anyone able to submit themselves to an institution-building mechanism can champion sustainability. Aside from being a leadership coach, I help leaders achieve sustainability.
Mathematically, creating an ambidextrous organisation is beyond leading. It is to lead and build an institution that focuses on sustainability in all aspects of the organisation—employee fulfilment, customer retention, strategy effectiveness, performance evaluation, stakeholder management, process improvement, and goal congruence.
In a nutshell, the role of successful leaders in ambidextrous organisations is striking a balance between exploiting current assets and capabilities to ensure short-term success and allocating enough energy and resources to exploration to ensure future viability. The two primary tasks of a top-level leader are to exploit and explore the organisation with people for now and in the future. The two seemingly contradictory aspects—exploitation and exploration—encompass different strategies and processes and have different targets and outcomes (March 1991; O’Reilly & Tushman, 2004; O’Reilly & Tushman, 2013).
O’Reilly and Tushman described the two concepts as follows:
- Exploiting: Exploiting involves building on an organisation’s achievements and maximising returns on previous investments. It focuses on responding to current business demands to remain efficient and competitive within an established market niche, as well as on maintaining an existing customer base and stakeholder relationships. Examples of exploiting are activities focused on continuous improvement, benchmarking, and redesigning business processes.
- Exploring: Exploring focuses on expanding an organisation’s knowledge and capabilities, pioneering new products and services, and discovering and venturing into untapped markets.
The common area of practical bottlenecks in exploiting and exploring in organisations is a need for foundational trust and cohesion among the resources, especially the human capital, which are often treated as costs rather than assets to the organisations. Among all the factors of production, only humans can be ambidextrous with the capacity to think about changes in economic parameters and adjust their behaviours to match the time, content, and contextual requirements.
While organisations might have the resources to deploy in fighting competition, technology to obtain first-mover advantages, and production capacity to maximise output from input, none is compared with the potential of an engaged workforce.
Therefore, for leaders to be successful, they must refrain from operating in the realm of managing. They should operate in the capacity of institution builders, with the mindset of creating sustainable leadership and growth with people first and other factors of production second.
Consequently, only the leaders who prioritise their people over profits, pride, and organisational arrogance will be successful in the long term.
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Biafra5 years ago
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Business8 years ago
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Business4 years ago
FUEL: PPPRA removes new petrol price post as NNPC insists no hike
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Suspected Fulani militia kill two in fresh Taraba attacks
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