Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY SUN. 29 APRIL 2018

LOCAL HEADLINES:
DAILY POST
What Igbo people told me after Biafra war – Gowon
Gov. Bello wasted over N5bn on Dino Melaye’s failed recall – PDP alleges
Scores killed as herdsmen attack another community in Benue
BREAKING: Dino Melaye remains senator as INEC declares recall exercise failed, invalid, ineffective
Dino Melaye’s recall: INEC reveals what happened during signatures verification exercise in Kogi
How I was accused of allowing Boko Haram take over Nigerian territories – Okonjo-Iweala
Dino Melaye’s recall: Apathy trails exercise in Kogi
Buhari: ACF recants criticism, backs president for second term
PUNCH
Tinubu, Adenuga, Elumelu, others own 49 expired oil block licences Investigation
$496m fighter jets: PDP, APC lawmakers disagree on Buhari as panel submits report Wed
Melaye: Verification exercise flops as voters shun centres
Public varsities fee hike threatens dreams of indigent students
Varsities must expose, shame lecturers sexually harassing students ASUU President
Maharaji dispels death rumour, says Im beyond death
My heart bleeds over Boko Haram, herdsmen killings Gowon
HID, Adesanya advised me to join Abacha govt ‘ Babatope
Be prepared for FG’s threat, Obasanjo warns coalition members
Benin Oba visits Ooni, asks Buhari to stop herdsmen killings
Buhari’s presidential salvos from foreign lands
Visionscape doesnt belong to me, says Tinubu
I can be president without visiting the US ‘Atiku
TRIBUNE
Buhari’s visit to Trump: U.S. companies want discussion on security, infrastructure
Adeyemo’s death, greatest loss to Oyo APC govt ‘Ajimobi
Melaye’s recall: Low turnout for signatures verification
Benue Massacre: Resign now, Catholic Bishop tells Buhari
Visionscape: Sustaining the transformation
2019: Clash of the titans, as APC begins congresses
APC leaders are master riggers ‘ George
Historical books, service to humanity ‘President Buhari
Redefine your style with shorts
I’m not quitting music; it’s my life ‘Patoranking
Unending agony: Christian leaders get tough with FG over killings
A mace of trouble or symbol of authority
Lost to JOHESU strike: The pathetic end of a youth corps member
NEWS TELEGRAPH
My mysterious journey into ministry ‘Bishop Ngozi Ezenekwe
Hotel where underage prostitutes have sex in swimming pool
Enough of killing fields in Zamfara
Melaye’ recall: Electorate may sue INEC over forgery of names, signatures
Okorie: Okorocha has been in five parties in 17 years
God will rescue Nigeria in 2019, says Obasanjo
Killings: Gowon seeks urgent meeting of leaders, elder statesmen
Killings: Christians protest, wear black to church today
End senseless killings in Benue, Kogi, others ‘NIM tells Buhari
Thunderstorm kills pregnant woman, 2 others in Ebonyi
NIGERIAN PILOT
Confusion in Kaduna as political parties
Last moment of slain priests
Benue Killings : We’ll resist Jihad- Gov Ortom
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
WORLD HEADLINES:
CNN
3 US Marines charged with rape
New NASA spaceship will dig into Mars
The secret burden of mental illness in Hong Kong
Trump weighs in on reports of Kremlin ties to Russian lawyer
North Korea to close nuclear site in May, South says
Trump: Kim summit could come in 3 to 4 weeks
Burning Man founder dies at 70
Kanye West just released a new song defending his praise for Trump
A gang threatened her child, so she joined the ‘migrant caravan’ traveling 3,000 miles toward the US. This is her story.
Migrant mother: I have no choice
Homeland Security chief slammed over focus on caravan
Undeterred by Trump, caravan buses arrive in border city
Trump calls on senator to resign over nominee
Waffle House shooting victim died singing gospel songs
Last lap mayhem in Paris as Vergne wins home ePrix
Crazy last lap as Vergne wins Paris ePrix
Military officials killed in restaurant blast
6 killed in Afghanistan car bomb attack
New Kanye West song defends Trump praise
Fossils suggest humans hunted giant sloths
The Gaia satellite gave us a new star map that is out of this world
AL JAZEERA
North Korea ‘vows to shut down nuclear test site’
Dozens of Houthis killed in Sanaa strike: Saudi TV
High inflation leaves many Argentines struggling
Armenia’s opposition leader urges renewed protests
For ASEAN, economic issues sideline rights concerns
‘Suffering unimaginable’ in Syria refugee camp
Germany moving to limit arms sales to Saudi Arabia, UAE, Turkey
Malawi’s ex-president Banda returns after four-year absence
North Korea hails ‘new milestone’ in ties with S Korea
Ancient grave of 140 sacrificed children found in Peru
ASSOCIATED PRESS
Michelle Wolf draws laughs, gasps at correspondents’ dinner
Palestinians vote on aging leadership as Abbas tightens grip
Trump takes aim at familiar targets at Michigan rally
Drugmakers push back against lawmakers’ calls to tax opioids
Ashley Judd to assault survivors: Healing is our birthright
Documentary chronicles New York Times’ year covering Trump
Influential Burning Man festival co-founder dead at 70
Michelle Wolf draws laughs, gasps at correspondents’ dinner
Asylum-seekers in Mexico snub warnings of stern US response
Wife of slain deputy to gunman: Please turn yourself in
Lawmakers debate opioid taxes as states grapple with crisis
Trump says Democrat should quit over VA nomination brouhaha
AP reporter views swing in Korean relations with wary hope
Land deal will preserve site linked to Lost Colony mystery
MSNBC’s Joy Reid can’t prove hackers wrote ‘hurtful’ posts
Reporter views wild swing in Korean relations with wary hope
As states consider taxing opioids, drugmakers push back
Pashtun rights group accuses Pakistan army of abuses
Analysis: Korea summit puts nuclear ball in Trump’s court
Ex-con candidate compounding GOP woes in West Virginia
NFL Draft: Hurst, Crosby, Hines among best left for day 3
BBC
Hiding at the back of the gym crying
North Korea nuclear test site to close in May, South Korea says
Pamplona rape case: Protests over sentence go in to third day
Golden State Killer: The end of a 40-year hunt
Burning Man founder Larry Harvey dies aged 70
Mali: Tuaregs killed in ‘jihadist revenge’ attacks
Armenia crisis: Ruling party quits PM race
Chernobyl’s new generation
Fake five-star reviews being bought and sold online
Gaetan Bong: Chris Hughton says Burnley fans’ reaction was ‘shameful
Algeria’s Belmadi guides Al Duhail to dramatic Qatar Cup victory
Juventus score twice in last three minutes to stun Inter
NFL Draft 2018: Shaquem Griffin joins Seattle to become league’s first one-handed player
We must believe’ – Roma prepare for Liverpool return with big win
#MeToo: Why sexual harassment is a reality in Bollywood
Can music bridge Thailand’s sectarian divide
Hungary’s dominant leader Orban defiant on keeping migrants out
Brazilian Christians rebuild ‘Satan’s’ temple
Nigerian Senator Dino Melaye and his many scandals
Reality Check: Are young Nigerians working hard enough
MSNBC’s Joy Reid addresses homophobic blog post controversy
BUSINESS HEADLINES:
18 manufacturers post mixed results as first quarter profits rise to N94bn – BusinessDay
2018: Red alert over growing economic risks worldwide – The Nation
2019 general elections: God will manifest himself over Nigeria ‘ Prophet Adeoye – BusinessDay
2019: APC and the Buhari’s Support Group ‘provocative’ posturing in A/Ibom – BusinessDay
2019: FG assures international community Buhari is healthy – Financial Watch
4 Questions You Should Ask Your Mentor – Forbes
4 Questions You Should Ask Your Mentor – Forbes
5 Things To Stop Saying Today If You Want More Success And Happiness – Forbes
7 Signs Great Leaders Can’t Afford To Ignore – Forbes
A Dispassionate View of San Miguel Allende By John Mariani – Forbes
A Yale skin cancer expert says the popular notion that you need to soak up Vitamin D from the sun is a total myth – Business Insider
Atiku vows to probe Buhari’s arms expenditure – Financial Watch
Avian Influenza: FG paid N1.86bn compensation – New Telegraph
BDCs to launch Naijabdcs.com live rate portal May 2 – BusinessDay
Be Opposing Like Tinder And The Barkley Marathons To Differentiate In Business – Forbes
Before You Use A Nursing Home, Make Sure It Does Not Have Scabies – Forbes
Before You Use A Nursing Home, Make Sure It Does Not Have Scabies – Forbes
Bellator 198 Results Fedor Emelianenko Vs. Frank Mir: Winners, Highlights (VIDEO), Twitter Reaction – Forbes
SPORTS
2018 NFL Draft: Late-Round Prospects Who Could Be Day 1 Starters – Bleacher Report
Again, Sharapova To Drop Out Of World’s Top 50 – Daily Independent
Ajibade BABALADE: Sharing room with Keshi was like living with a king – The Nation
Alabama Breaks Own NFL Draft Record with 12 Players Picked in 2018 – Bleacher Report
Allegri: Juventus fell asleep at half-time – Goal
Allegri: Juventus fell asleep at half-time – Goal
Anything can happen’ – Conte not giving up top-four hopes – Goal
Arsenal & Chelsea Hopes of Landing Massimilliano Allegri Left in Tatters After Juve Boss’ Comments – FTBpro
Bills GM Brandon Beane Says Buffalo Won’t Pursue Dez Bryant Contract – Bleacher Report
Cahill targets maximum points from remaining games as Chelsea chase Champions League – Goal
Cardiff on the brink of promotion to the Premier League – Vanguard
Celtics to Face 76ers in Round 2 After Win vs. Giannis Antetokounmpo, Bucks – Bleacher Report
Conte Unhappy With Chelsea Finishing Despite Win Vs Swansea – Complete Sports
Crystal Palace’s James McArthur showers encomium on ‘unplayable’ Zaha – Goal
Crystal Palace’s James McArthur showers encomium on ‘unplayable’ Zaha – Goal
Darren Sproles Re-Signs with Eagles on New Contract – Bleacher Report
Did Giants Land Eli Manning’s Heir Apparent in Kyle Lauletta – Bleacher Report
Dodgers Recall Top Hitting Prospect Alex Verdugo from Triple-A – Bleacher Report

Tracking Times – Entertainment
ENTERTAINMENT
BBNaija winner, Miracle, spots a new look – Linda Ikeji
#BBNaija: ”People voted out of pity for Efe and not because he had potentials or values” Tobi – Linda Ikeji
#BBNaija: Cee-c reacts to viral photo of her and Ebuka at a pageantry – Gistlover
#BBNaija: Nina goes semi nude in new video, says she was born to ‘STAND OUT – Information Nigeria
#BBNaija: Winner, Miracle Ikechukwu cuts his signature dreadlocks (Photos) – Information Nigeria
#LiterallyWhatsHot: Should Your Dreams Come True in Ugochukwu Chinye ‘ Ikejiunor’s Sight In The Dark – Bellanaija
“I’ll kill Tobi” Nina says, adds that she doesn’t like him and he’s a gossip – Linda Ikeji
“We are ride or die” Old chat of Nina and Collins professing love for each other on Facebook – Linda Ikeji
A good actor should be so convincing in a role Paschaline Alex Okoli – Daily Times
Abdulsamad Rabiu expands – The Nation
Abimbola Craig shares the Truth about her Natural Hair on a New Episode of ‘Ms. Craig’s Thoughts’ | BN TV – Bellanaija
Adebola Williams, Toyosi Akerele-Ogunsiji, others for ‘Handle It Africa – Vanguard
Aliyu Giwa shares shocking story of a bitter girlfriend who organized for live bullet to be planted in her boyfriend’s car after he called off their wedding – Linda Ikeji
Ashley Judd to assault survivors: Healing is our birthright – Associated Press
BBNaija housemates make better money sleeping with politicians ‘ Charity Nnaji – Vanguard
Bossladies Nest 48: The fly perched on his – New Telegraph
Buhari lied, he’s not the first African leader to meet President Trump – Reno Omokri – Linda Ikeji
Buhari, Osinbajo, Tinubu attend Wedding of SGF Boss Mustapha’s Daughter – Bellanaija
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
Afrocentric colonialism: The new face of African oppression
Health: Genotype And Compatibility, Phenotype, Blood Groups And DNA
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.
-
News5 years ago
$800m oil fraud: resign as Petroleum Minister – Frank tells Buhari, asks for probe
-
Biafra5 years ago
PROPHECY: Powerful Prophecies for Mazi Nnamdi Kanu and Chief John Nnia Nwodo by Pst. Maxwell Nnawuihe (Text & Video)
-
Biafra5 years ago
BREAKING: Dragon Flag Can’t Come Down, You Must Allow Our Brave Men To Do Their Job – Nnamdi Kanu
-
Business8 years ago
NEWS PAPER HEADLINES FOR TODAY THURSDAY 28 SEPT 2017
-
Business4 years ago
FUEL: PPPRA removes new petrol price post as NNPC insists no hike
-
Business7 years ago
Suspected Fulani militia kill two in fresh Taraba attacks
-
Biafra5 years ago
VIDEO: Powerful Prophecies for Mazi Nnamdi Kanu and Chief John Nnia Nwodo by Pastor Maxwell Nnawuihe
-
News6 years ago
A fatal accident along Benin/Auchi express way has claimed the lives of an entire family while traveling for Christmas.