Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY SAT. 28 APRIL 2018

LOCAL HEADLINES:
NIGERIAN PILOT
Benue Killings: Church of Satan attacks President Buhari, says he is ignorant
Unity of Nigeria my paramount objective ‘ Buhari
Artisans urges Buhari to reopen Arts and Craft village
PDP supports Melaye, urges members to vote against his recall
Micheal Adeyemo is dead
BBnaija 4TH runner up Alex sends special message to her fans in new video
Another Boko Haram fresh attacks claims Four, injure others in Maiduguri
Notorious Kidnapper Evans says the Judge on his case is biased
Assets recovery: FG seeks order to stop Ekweremadu from selling off properties
PUNCH
Presidential asset recovery panel sacks special investigator
Troops arrest key Boko Haram suspect linked to recent Benue attacks
Tension in Makurdi over planned attack by suspected Hausa/Fulani herdsmen
Eight other things you can do with eggs besides eating them
Ajimobi declares three-day mourning as Olubadan, others mourn Speaker
Gunmen attack Osun PDP gov aspirant on Ife-Ibadan Expressway
Second Niger Bridge’s main work’ll cost N210bn ‘ FG
Buhari leaves Abuja today for meeting with Trump
Ekiti poll: Tinubu, Fayemi, Akande, others meet in Lagos to strategise
NEW TELEGRAPH
Studying for my PhD at 63 wasn’t stressful ‘Alex Usifo
Bayelsa govt empowering political farmers
Notes from Big Brother Naija 3 grand finale
Tortured maid: My madam forced me to eat my faeces, drink my urine
APC CONVENTION: Odigie-Oyegun backs out of chairmanship race
KILLINGS/INSECURITY: DEFEND YOURSELVES, CHURCHES
Govs, others pay tributes to Tambuwal’s spokesman, Imam Imam
RONKE BADRU: My only son was killed for testifying against rapists
Court forfeits N1.4bn Paris/London Club loan found in some banks to FG
DAILY INDEPENDENT
WAEC Leak: Police Bust Criminal Ring
Six Killed, Nine Wounded In Boko Haram Attack In Maiduguri
Alleged N805m Fraud: Court Grants Senator Nwaoboshi Bail
How Female Corps Member Died During Exercise
I Will Not Compromise On Nigeria’s Unity ‘ Buhari
NCC Remits N49.7bn To FG In Four Months
Osun To Partner NNPC On Mass Production Of Cassava For Industrial Use
120 Marshals Commence First Phase Of Ocean Cleaning
NSE Index Up 0.05%, As Investors Gain N49bn
SAHARA REPORTERS
Boko Haram Hits Maiduguri Again
PHC Kaffe: Where Patients Receive Healthcare Under Tree -SPECIAL REPORT
Journalists Demand End To Players’ Exploitation In Nigeria’s Professional Football League
Lagos Police Nabs 4 Suspects In WASSCE Questions Leakage Scandal
Group Asks Lagos Govt To Stop Indiscriminate Sale Of Public Assets
Court Orders Forfeiture Of Governor Forum’s N1.4bn To Federal Govt
Buhari Leaves For Meeting With Trump
2019: INEC To Train Corps Members On Use Of Card Reader
Niger Delta Is The Most Neglected Region In The World, Says Dickson
WORLD HEADLINES:
CNN
US flies bombers over South China Sea
Stormy Daniels’ lawsuit on hold
What the Golden State Killer case means for your genetic privacy
The Golden State Killer took ‘souvenirs
Israeli forces kill three Palestinians amid protests along Gaza border
Largest child sacrifice in history discovered in Peru
Report: Russian lawyer ‘I am an informant
Officers not charged in death of mentally ill man they tased in shower
Donald Trump may have just had a breakthrough
All 10 victims of the Toronto van attack have been identified
E. coli outbreak expands in US; still no source
Chance the Rapper rejects ‘thank you’ from Trump
Jay Parini: Paul Ryan’s firing of Father Conroy should worry us all
See unscripted moment between Korean leaders’ wives
American Airlines sued after bride returning from honeymoon has medical emergency on flight and later dies
Politician uses Nazis in anti-abortion arguments — again
Lack of fuel caused Brazil soccer team’s 2016 plane crash
Scarlett Johansson confronted over red hair
Read this before you see Avengers. You’re welcome.
Bill Cosby, ‘Roseanne’ and the complications of ’80s nostalgia
Avengers: Infinity War’ scores biggest Thursday opening for Marvel
ASSOCIATED PRESS
Korean summit provides unusual look at Kim Jong Un
AP Explains: A look at DNA-sharing services and privacy
Tom Brokaw ‘hurt and unmoored’ by sex harassment allegations
Archaeologists find ancient mass child sacrifice in Peru
Court upholds probation revocation for Silicon Valley mogul
Detroit police seek to end citywide paintball battle
Cosby verdict met with conflicting emotions by some blacks
The Latest: Lower divisions score 6 draft picks
The Latest: Sheriff: Serial killing suspect on suicide watch
Jacques d’Amboise at 83: Still making kids feel like dancing
Andie MacDowell says it’s time for men to ‘drop the towel
Theater subscription service MoviePass tightens plans
Lupita Nyong’o to voice giant in VR animated ‘Jack
Once America’s best-selling car, the Ford Taurus dies, again
Distracted by technology’ Microsoft tries to help
Golden Girls,’ ‘Soap’ producer Paul Junger Witt dies at 77
Sleep mode’ Tech giants’ kids’ ‘fixes’ amount to baby steps
Jazz Fest: Opening joy tempered by the loss of a Neville
The Latest: Sting closes out Jazz Fest 1st day
Trump, Merkel cordial, but no apparent movement on Iran
BBC
Five things you might be surprised affect weight
New Wales Down’s syndrome test ‘to cut miscarriage risk
Michael Cohen: Stormy Daniels case against Trump’s lawyer put on hold
Will Ethiopians take to Pizza Hut
Guinea founder’s son ‘enslaved girl in Texas for 16 years
Busting Africa’s immunisation myths
Golden State Killer suspect: Joseph James DeAngelo appears in court
Oil discovery besets Malawi fishermen
Tech Tent: the technology of pleasure
Christopher Katongo: Zambia must do more for crash families
Deadline to amend UK surveillance laws
Wenger reflects on ‘great’ Man Utd battles but wants ‘peaceful’ exit
Ghanaian Kingsley Sarfo to be prosecuted for rape in Sweden
GDPR: Your data protection questions answered
Mohamed Salah: Not my decision to sell Egypt forward – Jose Mourinho
Maradona leaves job after missing out on automatic promotion
Crossing Divides: Can Chinese Americans solve differences over dinner
Sofiane Boufal: Southampton midfielder training with club’s U23s after row with boss Hughes
BBC Women’s Footballer of the Year 2018: The nominees
Week in pictures: 21-27 April 2018
Quebec mosque gunman may face 150-year jail sentence
AL JAZEERA
Israeli forces kill three Palestinians, wound 955 at Gaza protest
Spanish government considers revising sex crime classifications
Pakistan: ‘Bin Laden doctor’ moved to safe location
Reflections on Tana Forum 2018 and Ethiopia’s new PM Abiy Ahmed
Pakistan’s minorities in crosshairs of latest violence in Quetta
India’s Modi visits China’s Xi to talk ‘cooperation
US intelligence committee probe finds no Trump-Russia collusion
Armenia: Acting PM cancels talks with opposition leader
Koreas to sign peace deal, pursue ‘complete’ denuclearisation
Central American migrants in Mexico hoping to cross border to US
Knife attacker kills seven children, wounds 12 in China
EU votes for a permanent ban on bee-harming pesticides
Amazon cares about women’s rights in the West, but not in India
UK: Chagos Islands descendants seek citizenship
Teachers in Arizona and Colorado protest for school funding
Bill Cosby found guilty of sexual assault
BUSINESS HEADLINES:
$20 Million Buys Estate With Chanel-Inspired Boutique For Her & Nike Air Jordan Fan Cave For Him – Forbes
12 Ways To Attract And Hire Diverse Job Candidates – Forbes
120 Marshals Commence First Phase Of Ocean Cleaning – Daily Independent
2018 Kentucky Derby: Early Vegas Odds, Preview of the Field, and Todd Pletcher’s Battle For the Win – Forbes
2018 TV Advertising Upfronts: A Reality Check From A Cynic – Forbes
3 Mexican film students who disappeared may have been dissolved in acid by a YouTube rapper working for one of the country’s most violent cartels – Business Insider
4 Things To Look For In A Mentor – Forbes
4 Tips For Handling Criticism At Work – Forbes
5 Things You Should Know To Secure Lending For Your Small Business – Forbes
6 Details You May Have Missed In ‘Avengers: Infinity War – Forbes
7 Gorgeous Watches For Women Under $500 – Forbes
7 Safe Dividend Stocks To Buy For 25.3% Yearly Gains – Forbes
A Day On The Plane: Airbus A350 Ultra-Long-Range Readies For 20-Hour Flights – Forbes
A History Of Meetings Between North And South Korea [Infographic] – Forbes
A photographer captures pictures at the perfect time to reveal optical illusions in everyday life – Business Insider
A restaurant in Oakland handmakes fresh noodles in front of you – Business Insider
SPORTS
2018 World Cup: Nigeria’s participation under threat – New Telegraph
Abayomi Hailed As Zenith Bank Next Generation Tennis Revelation – Leadership
Abayomi is revelation of Zenith Bank ‘Next Gen’ Junior Masters – New Telegraph
Alex Cappa NFL Draft 2018: Scouting Report for Tampa Bay Buccaneers’ Pick – Bleacher Report
Arsenal 1-1 Atltico Madrid: Gunners fans query Wenger over Alex Iwobi, others – The Nation
Arsenal v Man Utd : Mourinho regrets bust-ups with Arsenal boss Wenger – Vanguard
Arsenal vs Atletico : We cannot be too disappointed ‘ Wilshere – Vanguard
Arsene Wenger Reportedly Targeted by PSG, Chinese Super League – Bleacher Report
Athletics’ governing body accused of ‘blatant racism’ over new regulations – CNN
BBC Women’s Footballer of the Year 2018: The nominees – BBC
Bills Fan Diagnosed with Cancer Pancho Billa Announces 2018 Draft Pick – Bleacher Report
Boateng will ‘definitely’ play at the World Cup, insists Heynckes – Goal
Boateng will ‘definitely’ play at the World Cup, insists Heynckes – Goal
Bournemouth clash like a final for Saints – Daily Trust
Chelsea Sold Salah, Not My Decision ‘ Mourinho – Daily Independent
Chelsea Visit Swansea, Target Tottenham – Daily Independent
Cheprot, Wanjiku eye Okpekpe history – Daily Trust
Chukwuma Okorafor NFL Draft 2018: Scouting Report for Pittsburgh Steelers’ Pick – Bleacher Report

Tracking Times – Entertainment
ENTERTAINMENT
#BBNaija See the comment Leo left on Cee-C’s IG page – Information Nigeria
#BBNaija’s Top 5 discuss the Game & Relationships in this New Interview | Watch – Bellanaija
#BBNaija: ‘I am not a gold digger, Nigerians should leave me, Focus on your life’ ‘ Nina blows hot – Information Nigeria
#BBNaija: ‘I’m not a gold-digger, my boyfriend won’t take me back’ ‘ Nina replies critics – Information Nigeria
#BBNaija: ‘I’m With Nina’ ‘ Omojuwa Defends Ex Housemate’s Decision To Leave Boyfriend, Collins – Information Nigeria
#BBNaija: ‘You Are Cheap Cheating Olosho’ ‘ Collins, Nina’s Boyfriend Reacts After He Was Dumped – Gistlover
#BBNaija: Alex replies follower who said her parents are very poor – Nigerian Pilot
#BBNaija: Cee-c reveals why she always fought Tobi in reality show – Nigerian Pilot
#BBNaija: Did Ebuka Just Lied’ Old Photo with Cee-C at A Pageantry Surfaces Online – Gistlover
#BBNaija: Fans advise Nina to get a good PR Manager before she fades away – Nigerian Pilot
#BBNaija: I’m Shocked By What People Are Saying About Me ‘ Cee-C – Information Nigeria
#BBNaija: Ifu Ennada Makes Fresh Revelation About Bad Sides Of Colleagues – Information Nigeria
#BBNaija: JJ Omojuwa Defends Nina for Dumping Collins For Miracle On National Radio – Gistlover
#BBNaija: Nina Faces Attacks For Dumping Collins On National Radio – Information Nigeria
#BBNaija: Panic as chef accuses Dee-one of cheating on his wife with Vandora at Lagos hotel – Information Nigeria
#BBNaija: Why Tobi Deserved All Cee-C Did To Him ‘ Dee-One – Information Nigeria
“I am not a killer. I did not drive while intoxicated” Ibinabo Fiberesima says as she shares her own side of the story in the accident which claimed a life 12 years ago – Linda Ikeji
2019 Election: Nigerians And Media Urged To Expose Underage Voting – Information Nigeria
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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NEWS PAPER HEADLINES FOR TODAY THURSDAY 28 SEPT 2017
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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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