Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 2 APRIL 2018


Tracking Times – Headlines
LOCAL HEADLINES:
VANGUARD
Septuagenarian decries son’s harassment over link with IPOB
Herdsmen/farmers’ clashes, threat to Nigeria’s survival’Gambari, Uduaghan, others
Fresh crisis looms as NASS moves to reject Buhari’s N4.2trn bonds
Bride, 10 escorts kidnapped on way to groom’s house
Ambode commissions 21 Lagos-Ogun boundary road projects
I didn’t call myself Emir ‘ Iwo monarch
Cambridge Analytica: FG sets up probe panel
Nigeria on path of resurrection, progress ‘ Osinbajo
Hope receding on 2018 budget
Protecting banking consumers
2018 FIFA WC: Croatia midfielders spook Rohr
DAILY POST
2019: It’s time for myself, Buhari, others to leave for younger generation – Ibrahim Babangida
2019: I’m still a member of PDP – Donald Duke
FG releases another list of ‘looters’, describes first as teaser
2019: Presidency reveals what Buhari will do to Obasanjo, IBB
Nigeria’s problems not linked to religion, ethnicity – Atiku
Buhari’s two-day visit to Lagos a slap on Nigerian Christians – Catholic Bishop
Col. Ajayi reveals what TY Danjuma told them during military training
Buhari’s govt under fire over looters’ list
Killer herdsmen: Cabal in Buhari’s govt may attack TY Danjuma – Arewa pastors
Bishop Kukah warns Buhari
THISDAY
Market to Weigh New MPC Members’ Monetary Policy Stance
Frosty Relationship Between N’Assembly, Executive Threatens Buhari’s N4.2tn Bond Request
Gunmen Kills Two, Abducts Nine in Kaduna Community
750 Bandits, Kidnappers, Cattle Rustlers, Renounce Crime in Kaduna
Apapa Bridge for Permanent Repairs
Archbishop: I’m Not Afraid of Arrest, Insists on Rejection of Okorocha’s Son-in-law for Governorship
Fayemi Declares for Ekiti Governorship Race
CPC Opens Inquiry on Blue Band ‘Spread for Bread’ Controversy
2019: PDP Accuses FG, APC of Plot to Clampdown on Opposition,…
IBB Urges Youths to Take over Leadership of the Country
GISTLOVER
I’m Still the Oluwo Of Iwo, I Haven’t Adopted The Title Of An Emir, Oluwo Of Iwo Says
#BBNaija: Teddy A Evicted from Big Brother Show
My Son-In-Law, Uche Nwosu, Is Here to Complete Imo Success Story ‘ Okorocha
You Need To See What Happened To A Young Nigerian Boy Who Declares Jesus Christ A Fool
The Emotional First Words of Veteran Actor, Arnold Schwarzenegger After Open Heart Surgery
Full Details of How Suspected Killers Linked To Dino Melaye Allegedly Escaped From Prison
undefeated world champion, Anthony Joshua, N1billion Richer After Beating Joseph Parker
WORLD HEADLINES:
CNN
Immigrant ‘caravan’ en route to US worries Trump
Source: UK believes nerve agent attack had Kremlin approval
Beijing follows through on trade threat against Trump, raising tariffs on US goods
Trump’s ignorance about DACA is stunning
Photographer captures wacky Japanese public toilets
Their journey north sparked a White House tweetstorm
US President embraces his instincts at a key global moment
Tesla was in autopilot before fatal crash
Chinese space lab falls to Earth over Pacific Ocean
Immigrant ‘caravan’ en route to US sparks Trump’s concern
White House’s new intern class criticized for lack of diversity
Parkland students return to a school they say ‘feels like jail
Pope calls for peace in wake of Gaza violence
Resurrecting the art of China’s dragon scale bookbinding
Emmy-winning producer Steven Bochco dies at 74
12 militants killed in massive Indian security operation in Kashmir
Conservative US broadcaster slammed over airing of media-bashing promos
Sheriff’s car hits protester at vigil for police shooting victim
On Easter Sunday, Pope baptizes migrant hailed as a hero
Holy Week around the world 2018
Kim Jong Un ‘deeply moved’ by K-pop concert in Pyongyang
AFP
Malala leaves Pakistan after emotional visit
Defunct Chinese space lab plunges back to Earth over Pacific
Sun, sea and equality at ‘relevant’ Commonwealth Games
Kim Jong Un ‘deeply moved’ by K-pop concert: KCNA
Prisoner or free man? Mystery surrounds Kadhafi’s son Seif
AL JAZEERA
Gunfire and explosions ‘rock Nigeria’s Maiduguri’
Couple sentenced to death in Filipina maid’s murder
Defunct Chinese space station set to crash on Earth
Al-Shabab attacks African Union base in Somalia
Massive anti-India protests erupt in Kashmir
Kim attends concert by South Korean K-Pop stars
Botswana swears in Mokgweetsi Masisi as president
Iran to block Telegram messaging app: reports
US blocks draft UNSC statement on Gaza deaths
ICC detains Mali war crimes suspect
BBC
Park & Lindberg need extra day to complete play-off
Champions League: Manchester City and Liverpool – pick your combined XI
Hill Street Blues creator Steven Bochco dies aged 74
New Zealand v England: Hosts face record run chase to win second Test
Commonwealth Games: Test your knowledge with our quiz
China hits back with tariffs on US imports worth $3bn
Daca Dreamers: Trump vents anger on immigrant programme
Tiangong-1: Defunct China space lab comes down over South Pacific
Costa Rica election: Carlos Alvarado set to be president
Kashmir: 20 dead and 70 wounded in fierce clashes
Spain Catalonia: Puigdemont speaks out after arrest in Germany
Somalia al-Shabab: African Union base under attack
Somalia al-Shabab: African Union base under attack
Efrain Rios Montt: Guatemala ex-leader tried for genocide dies
The paired legacy of King and Kennedy
Former Ukrainian president speaks out about being poisoned
I used to be a slave
Dumping pesticides, using ducks instead
Morocco’s Ait Bennasser facing race to be fit for World Cup
Is Russia arming the Afghan Taliban
Brazil’s rising tide of young conservatives seeks change
BUSINESS HEADLINES:
13 of the best places to visit if you’re planning a vacation in April – Business Insider
15 Ways To Start A Conversation At A Conference (Without Feeling Weird) – Forbes
25 Nigerian undergraduates for global entrepreneurs’ awards – Punch
3 Things You Should Never Ask Your Financial Advisor – Forbes
7 theories about the mysterious helicopter that keeps popping up on ‘The Walking Dead – Business Insider
8 details you may have missed on Sunday’s ‘The Walking Dead – Business Insider
9mobile Debunks Claims Of Unethical Practices, Indolence – Leadership
ACFTA: Big blunder or cautious step – The Sun
Active shooter drills could reshape how a generation of students views school – Business Insider
Alleged Milost investment: Operators caution Unity Bank on recapitalisation deal – BusinessDay
AMEN President begins youth empowerment programme – Vanguard
Anthony Joshua Vs. Joseph Parker, Povetkin’s Wicked KO, Weekend Highlights And Fight Reviews (VIDEO) – Forbes
Apple Watch watchOS 4.3 Is Here As A Great Feature Reappears. Should You Upgrade – Forbes
Asian markets mostly higher in muted Easter holiday trading – Associated Press
Augusta National Doubles Size Of Main Masters Golf Shop, Complete With Dog Mannequin – Forbes
Azura test power to cost FG N66m for January – BusinessDay
Banks Raise Commission, Collateral Requirements for Corporate Loans – Thisday
Banks record higher default rate on credit card loans – Punch
SPORTS
2018 FIFA WC: Croatia midfielders spook Rohr – Vanguard
A.J. Green Comments on Odell Beckham Jr. Trade Rumors: ‘That’s Stupid – Bleacher Report
Abia Warriors’ Obi won’t give room for any distractions – Goal
Ahead XXI Commonwealth Games: Oborududu gunning for gold at Gold Coast – The Nation
Alli not concerned by criticism – Kickoff
Analysis: Alli’s performance against Chelsea shows that class is permanent – Murphy – BBC
Andre Drummond, Quincy Acy Ejected After Heated Scuffle During Pistons vs. Nets – Bleacher Report
Arsenal Defeat Stoke 3-0 In Controversial Match – Daily Independent
Arsenal Transfer News: Max Meyer Reportedly Keen on Joining the Gunners – Bleacher Report
Atletico Madrid 1 Deportivo La Coruna 0: Gameiro keeps faint title hopes alive – Goal
Atletico Madrid 1 Deportivo La Coruna 0: Gameiro keeps faint title hopes alive – Goal
Atletico Madrid 1-0 Deportivo: Gameiro Spot-Kick Offers Atleti Breathing Space Ahead of Derby Clash – FTBpro
Ayagwa, Okiemute resume training as Plateau prepare for USM – Daily Trust
Blessing Oborududu gunning for gold – The Nation
Bobby Fish Suffers Knee Injury at Live Show; NXT TakeOver Match in Jeopardy – Bleacher Report
Bryce Harper Crushes Home Run After Fan Yells ‘Overrated’ in Nationals vs. Reds – Bleacher Report
Champions League 2018: Quarter-Finals Leg 1 Live Stream, Schedule, Predictions – Bleacher Report
Champions League: Guardiola targets win at Anfield – Vanguard

Tracking Times – Entertainment
ENTERTAINMENT
#BBNaija ‘ Day 63: In Too Deep, All Hail Teddy A & More Highlights – Bellanaija
#BBNaija: ‘I’d like a relationship with Teddy A’ ‘ BamBam – Information Nigeria
#BBNaija: ‘Khloe and I were lovers before Big Brother Naija’ ‘ K.Brule – Information Nigeria
#BBNaija: Cee-C’s sister apologizes to Payporte on her behalf – Information Nigeria
#BBNaija: Ceec’s sister apologizes on her behalf over her snide remark about her Payporte attire – Linda Ikeji
#BBNaija: Daddy Freeze references ‘N4.5 Million Tithe’ as he speaks on BamBam’s eviction. – Information Nigeria
#BBNaija: Don Jazzy speaks on BamBam and Teddy A’s eviction – Information Nigeria
#BBNaija: Here’s how Nigerians voted this week leading to the eviction of Teddy A and Bam Bam – Linda Ikeji
#BBNaija: Highlights of Day 62 of the Big Brother Naija show – Information Nigeria
#BBNaija: How Nigerians voted this week, Nina had the highest votes – Information Nigeria
#BBNaija: Iyanya promises to record a song with Teddy A; Bisola reacts – Information Nigeria
#BBNaija: Iyanya says he’s ready to feature evicted housemate, Teddy A ona new song – Linda Ikeji
#BBNaija: Moment Cee-c ripped her traditional dress that was given to her by Payporte (Video) – Information Nigeria
#BBNaija: Official Sponsors Get Angry With Cee-C For Altering Her Dress, Release Statement – Information Nigeria
#BBNaija: Payporte’s creative director, Toyin Lawani reacts to Cee-C’s dress saga, promises to send her ugly dresses from now on – Information Nigeria
#BBNaija: Self proclaimed ‘Alpha Male’, Teddy A gets evicted 24-hours after his lover, Bam Bam – Linda Ikeji
#BBNaija: Teddy A evicted from Big Brother Naija Game – Information Nigeria
#BBNaija: Teddy A Evicted from Big Brother Show – Gistlover
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.
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Nigeria’s economy stagnated – Bill Gates
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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.
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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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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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