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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 4 JUNE 2018 – Tracking Times
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LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 4 JUNE 2018

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Tracking Times – headlines


LOCAL HEADLINES:

NEW TELEGRAPH

Herdsmen kill six children,19 others in Benue

Kwara killings, bank robbery: Saraki, gov gave us firearms, money, vehicles ‘ Suspects

New excise duty rates for tobacco, alcohol beverages take effect

Fayose, Fayemi, APC trade words over shooting

2019: We’ll not rely on money to win, PDP replies Buhari

Airports concession: Int’l airlines to raise fares

Breakthrough as immune system drug treats prostate cancer

DSS withdraws 11 operatives attached to Senate President

Settling electoral disputes through ADR

Nyame: From grace to grass

 

PILOT

Herdsmen, cultists kill 13 in Benue

Ramadan: Be conscious of the hereafter, Cleric charges believers

Kashamu loses bid to stop judgment execution on extradition

Probe Sen Uzodinma for issuing dud cheque, group urges EFCC

Fayemi plotting to implicate me, PDP leaders with murder ‘ Fayose

FG withdraws Saraki, Dogara’s security operatives

Bida Basin: Oil search still at preliminary stage ‘ Yar’adua

2019 elections: Abysmal failure Buhari’s fear- PDP

Water Resources Bill dangerous for Nigeria ‘ Gov Emmanuel

Offa Robbery!

Boundary dispute: Court Strikes out Olubadan case against Aregbesola

 

PUNCH

Herdsmen attack, cult clash claim 13 in Benue

Riding unholy G-Wagon on Fayoses bridge in Ado

The challenge of estimated billing

Sack military officers in charge of Boko Haram campaign, Fasehun tells Buhari

Police invite Saraki over Offa bank robberies

More tributes for Aboderin, as sympathisers flood residence

First female chartered accountant, Olakunrin, dies at 80

Attacked Edo farmer battles for survival

Ex-Taraba gov, Nyame, appeals conviction today

Order forfeiture of Akwa Ibom senators houses, FG urges court

Health workers seek salary payment despite no work

 

VANGUARD

Fears over nPDP talks with Presidency

Police arrest 7 family members for beating brother to death in Imo

ADC threatens Buhari with suit over Not-Too-Young-to-Run Law

FG fixes August for commencement of Ogoniland clean-up remediation

As Buhari enters his fourth year

Buhari has terribly disappointed those who thought he had changed ‘ Osuntokun

APC CONGRESS: Odigie-Oyegun stops inauguration of Tinubu, Amaechi backed State Excos

Shootings: Fayemi, APC planning to sponsor assassinations in Ekiti ‘ Fayose

We plan to grow organically but’ ‘ Okonkwo, CEO, Fidelity Bank

Stock market bleeds on political uncertainties

Group heads to court as FG okays new excise rates for tobacco, alcoholic beverages

 

THE AUTHORITY

Fidelity Bank storms Edo community with ‘Back-To-School’ campaign

Don tasks policy makers on reality of climate change

Nasarawa commences headcount of teachers, pupils

WAEC’s candidates to get results within 7 weeks

Leadway unveils campaign to boost savings culture

Regency Alliance reports N3.37bn GPW

Emmanuel inaugurates Anchor Insurance House in Uyo

IIPELP set to educate judges on latest gas, power policies

NNPC faults report on N36bn royalty to Alesa-Eleme Community

Danbatta to be inducted fellow Nigeria Academy of Engineering

NSE: SEC seeks fiscal incentives for listed firms

Ease of doing business: NPA seeks Osinbajo intervention

Be courageous, resilient, Oduoza tells aspiring business leaders

#NotTooYoungToRunBill:The game changing bill brought to life by Saraki’s Senate By Dede Amadi

WORLD HEADLINES:

CNN

North Korea looms large in Singapore, but China takes front billing

500 quakes in 24 hours at Hawaii volcano

North Korea looms large in Singapore, but China takes front billing

Facebook defends sharing user data with phone makers

North Korea shakes up military leadership

Melania Trump to attend her first public event in 24 days

Fuego volcano erupts for second time this year

83 containers fall off cargo ship

At least 7 dead, international airport closed, 1.7 million could be affected by Guatemala volcano

Meet Trump’s man with the Singapore plan

Massive NATO exercise starts in Poland and the Baltics

Jordanians take to the streets to protest austerity measures

Can Oman build a new Dubai

Many women with common breast cancer can skip chemo, study says

Whale dies after swallowing 17 lbs of plastic

Solo’ dings Star Wars’ box office invincibility

Ford is dropping cars but keeping the Mustang. Here’s why

Trains come back from dead in Bangkok jungle

Architect creates ‘prehistoric’ restaurant in Tokyo

Fiji sevens seize control of World Series

Boy tries to hug Trump at bill signing

 

BBC

Colourism: Do light-skinned black women have it easier in showbiz

Curry sets record as Golden State take 2-0 lead in NBA finals

English clubs not releasing players ‘doesn’t make sense’ to Gatland

World Cup 2018: Can you identify the player from their tattoo

Volcano survivor says her family was buried

Tyson Fury on depression, drugs, drinking and his comeback fight

World Cup 2018: Iceland aim to build on Euro 2016 success

Guatemala volcano: Dozens die as Fuego volcano erupts

Dancing FBI agent drops gun during backflip and shoots man in leg

Australian bank offers to pay record fine

San Diego marathon: ‘Active shooter’ arrested near finish line

How to inspect a nuclear energy site

World Cup 2018: The volunteer who wants his city cleaner for the championship

The Swiss master watchmaker running out of time

My 84-year-old husband now does my make-up

I was looking for my mother but found my twin instead

Gender inequality: The simple promise that could get more women into power

Shipwrecks: Who owns the treasure hidden under the sea

World Cup 2018: Arsenal’s Iwobi in Nigeria’s 23-man squad

Esayas Jira elected as new boss of Ethiopia Football Federation

Why South African children are drowning in toilets

 

ASSOCIATED PRESS

Guatemala volcanic eruption sends lava into homes, kills 25

Trump lawyer plays down chance president would self-pardon

China says trade deals are off if US raises tariffs

Analysis: Qatar crisis widens fissures among US allies

Congress faces immigration showdown, tension on tariffs

APNewsBreak: Seniors scrimp but still spend more for meds

Team studies bones to identify the disappeared in Mexico

Many breast cancer patients can skip chemo, big study finds

Business economists worry about possible recession in 2020

Curry dazzles from deep, Warriors take 2-0 NBA Finals lead

 

AL JAZEERA

Tunisia keeper ‘fakes’ injury to help players break Ramadan fast

Iran FM: World must stand up to US ‘bullying’

Canada’s PM blasts Trump over ‘national security’ tariffs

Video: Dancing FBI agent backflips, accidentally shoots bystander

Anti-immigration party wins Slovenia elections

Syria’s Bashar al-Assad to visit North Korea

46 migrants drown after boat sinks off Tunisian coast

Up to 60 percent of Afghan girls out of school: report

Qatar’s beIN off-air in UAE amid bootlegging allegations

In Gaza, grief and pain for slain ‘angel of mercy’ paramedic

BUSINESS HEADLINES:

$9bn spent on road, infrastructure in 3years ‘FG – The Sun

16 of the best places to shop for women’s workwear ‘ at every budget – Business Insider

2 UBS analysts just made a big market call that should have everyone a little worried – Business Insider

2018 cropping season: Zamfara LGAs to get 60 trucks of fertilizer each – Daily Trust

5 important things happening in South Africa today – BusinessTech

6.5m savings accounts opened in 3 months – Vanguard

8 details you might have missed on the latest episode of ‘Westworld – Business Insider

9 reasons you should buy an iPhone 8 instead of an iPhone X (AAPL) – Business Insider

A $1.8 trillion investing behemoth explains why the next recession will be an entirely different beast ‘ and outlines what traders can do to prepare – Business Insider

A guy bit into a Kit-Kat bar in the weirdest way and everyone is telling his girlfriend to break up with him – Business Insider

A men’s wellness startup is redefining how guys approach hair loss by making modern treatments affordable and accessible – Business Insider

A whale died after swallowing 80 plastic bags in Thailand – Business Insider

ABTL wins ‘Best Port Terminal Operator Award – The Sun

Accion MfB disburses N19bn loan, grows profit by 50% – Vanguard

Adamawa denies bid to privatise specialist hospital – Daily Trust

Africa has 2% of world’s cars, 20% of road deaths – The Sun

Agency to guarantee price of farm produce takes off in Kaduna – Daily Trust

Agriculture, others slow GDP growth to 1.95% – Punch

SPORTS

As Eagles land in Austria for Czech Republic – The Sun

10-man Lobi dim Yobe Desert Stars – Daily Trust

250 for Ikoyi ladies golf tourney – Punch

3rd Radio One Children Sports Fiesta: Elegbata Junior High School emerges tops – Vanguard

Abia-based Ngwa United FC wins Ebonyi FA Cup – Vanguard

Ajax starlet heading to the Bundesliga – Kickoff

Andre Iguodala Out for Game 2 with Leg Injury; Klay Thompson ‘Hopeful’ to Play – Bleacher Report

Argentina’s 1986 World Cup-winning coach Bilardo hospitalised – Vanguard

Asaba 2018 AAC: Kenya plans to dominate with elite athletes – Vanguard

Asaba 2018: Kenya to send big team to African tourney – New Telegraph

Asian Cup 2019: UAE to have five training camps, to face Trinidad and Tobago in a friendly – Goal

Austria friendly’ll be tough for Eagles ‘Lawal – New Telegraph

AWCON Qualifiers: Oshoala, Oparanozie, 17 Other Super Falcons Off To Gambia On Monday – Complete Sports

Baxter impressed with Bucs defender – Kickoff

Behold Rohr’s 23 Wise Men For Russia – Daily Independent

Benzema claims Champions League goal was not lucky – Goal

Benzema claims Champions League goal was not lucky – Goal

Brazil’s Fred evasive on reports of Manchester United move – Goal

Tracking Times – Entertainment

ENTERTAINMENT

21 beggars arrested on one week – Miss Petite

5 Ways to Socialize Without Breaking the Bank – Bellanaija

9 great movies you can watch on Netflix this weekend – Business Insider

American citizen Marries Hausa lover He Met Online After Converting To Islam (Photos) – Information Nigeria

As a DJ, I have more control over my creativity-DJ Cuppy – Daily Times

Barely Few hours after launch, Linda Ikeji’s TV goes mum – Nigerian Pilot

Ben Murray-Bruce Called A Hypocrite For Publishing His Book In Texas Unlike His ‘Buy Nigeria’ Mantra – Information Nigeria

Blackwood Grills And Bar Hosts Bodex Media MD, Florence Hungbo To A Sumptuous Meal – Miss Petite

BN Confession Box: I Beat His Son Because He Broke My Sister’s Heart – Bellanaija

BrandSpark: Co-Creation vs Wennovation Hub – Vanguard

Charge And Bail: Fake lawyer arrested while trying to bail client – Pulse

Checkout these Lovely Photos from Susan Peters’ birthday bash – Information Nigeria

Cigarette And Alcohol Prices Set To Rise As Buhari’s New Excise Rates Takes Effect From Tomorrow – Information Nigeria

Comedian NEDU WAZOBIAFM acquires Range Rover Autobiography – Information Nigeria

Count me out of Offa bank robbery saga” Kwara state governor Abdulfatah Ahmed replies police – Linda Ikeji

Dangote Donates 150 Patrol Vehicles To The Nigerian Police (Photos) – Information Nigeria

Dr. Chinny Obinwanne: Is The Hype About Breastfeeding Really Worth It – Bellanaija

Dr. Ezinne Meribe: How to Lose the Summer Holiday Weight Gain with Ease – 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.

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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

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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.

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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.

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Bill Gates, GMOs, KASHIM Shettima

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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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.

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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.

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Babs Olugbemi

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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