Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY MON. 23 APRIL 2018

LOCAL HEADLINES:
DAILY POST
Your government is a failure, God is angry with you – Bishop Oyedepo blasts Buhari
BREAKING: Senator Dino Melaye arrested in Abuja
Okonjo-Iweala reveals most stressful challenge under Goodluck Jonathan
We’re all Senators but some animals are more equal than others – Senator Ndume blasts Marafa
Ndume, others hate Buhari, they installed Saraki as Senate President – Marafa
2019: Omokri compares voting of BBNaija winner, Miracle to Buhari’s re-election
I pray Nigeria doesn’t fight another civil war – Gen. Gowon
Why House is investigating Special Presidential Panel – Dogara
BREAKING: BBNaija 2018: Miracle declared winner, beats Tobi, Alex, Nina, Cee
Adeosun, Emefiele explain absence at Nigeria-US investment meeting
Why there is crisis in Nigeria – Gani Adams
Igbo presidency: Buhari will handover to Osinbajo, don’t be deceived – Chekwas Okorie tells South East
PUNCH
Omo-Agege: Senate panel chair, Marafa, Ndume trade words
Buharis CHOGM trip, a colossal waste PDP
UK position on gay marriage satanic, ignore it, CAN tells Buhari
Mace snatching was plotted by FG Wike
Gunmen, bombers attack Kogi, Borno kill 27
Adegboruwa, Obiagwu, Ojo, 61 others short-listed for SAN rank
Killings, sign of a failed state, says Dickson
Taraba killings: Attackers camp in Nasarawa, LG boss alleges
Police increasing extortion under Idris
Imo, Abia deputy governors intervene in land dispute
What can be done to curb sexual harassment in schools
Buhari wants second term to consolidate gains, says aide
FGs allocation to health sector too poor, says Emeka Anyaoku
Reject recycled, jaded politicians in 2019, Soyinka tells Nigerians
GUARDIAN
IMF acknowledges CBN’s monetary policy success
APC, PDP have nothing new to offer Osun, says AD guber aspirant
Leon Balogun out as injury ravages Super Eagles’ camp
Academics caution on property tax, urge objective assessment
Nigeria takes delivery of 12 Tucano warplanes in 2020
RB Leipzig, Celtic monitor Arsenal starlet Okonkwo’s contract stand off
IMF worried about Nigeria’s ability to service external loans
MTN picks Chapel Hill, RMB, others for planned IPO
FG targets seven per cent growth
13 killed in Kogi, Borno attacks
Inmate slumps, dies in Kirikiri Prison
Most infants will be designer babies in 20 years
Ignore British PM on same sex marriage, CAN, lawyers counsel Buhari
THISDAY
Two Female Suicide Bombers Attack Mosque in Borno
Nigeria is Bleeding, Sliding to Failed State, Says Dickson
CAN Urges Buhari to Ignore Theresa May on Same-Sex Marriage
Lagos Unveils 44-feet Statue in Honour of Fawehinmi
Ambode: Lagos Being Shortchanged in Resource Distribution
How Offa Robbery was Carried out
Falana: Mace Not Required for Parliamentary Proceedings in Nigeria
2019: Soyinka, Falana, Others Call for Vigilance
2019: Opposition Parties Mull Joint Presidential Candidate
Buharis CHOGM Outing, Woeful, Says PDP
Saraki, Ekweremadu Visit Staff Assaulted During NAssembly Invasion
Invasion of Senate Was Plotted By the FG, Says Wike
Winnie Mandela: Blessed is the Mother of the Nation
PREMIUM TIMES
Saraki’s aide, Bamikole Omishore, speaks on corruption allegations
APC senator criticises party’s own governor over Sukuk bond
2019: Soyinka, Falana, others call for vigilance
Taraba varsity student killed by falling tree in Cameroon buried
World Earth Day: Nigeria urges citizens to stop plastic pollution
U.S. to deliver 12 war jets to Nigeria in 2020 ‘ Official
PDP attacks Buhari over ministers’ absence at U.S. investors’ meeting
Another Nigerian soldier killed in Benue ambush
Miracle is #BBNaija 2018 winner
Saraki visits female Sergeant-At-Arms injured during Senate invasion
Thugs disrupt rally to endorse President Buhari for second term
BLUEPRINT
How Miracle Igbokwe won Big Brother Naija 2018
Edo court jails female graduates for stripping lecturer
Borno police confirm 4 killed in mosque suicide attack
Rehabilitation: Japan assists North-east with $2.5m
Man arrested for ‘raping’ 13-yr-old
Nigeria’s security situation worrisome ‘ Gowon
Mass defection looms in APC, PDP raises 7-man c’ttee
Ignore British PM on same-sex marriage, CAN urges FG
BUHARI’S 2019 BID AND MATTERS ARISING
SDP vows to defeat PDP, APC in Ekiti
APC N/Covention: Group promises to buy chairmanship form, mobilise delegates for Frank
Creationof new polling units: We’ll be guided by extant laws- INEC
370 students matriculate at University of Africa, Toru-Orua
WORLD HEADLINES:
CNN
Trump’s score-settling creates jarring contrasts
Sean Hannity received HUD help on multimillion dollar property deals
South Korea stops blasting propaganda as summit looms
Massive US manhunt after naked gunman kills four
4 presidents come together to pay tribute to Barbara Bush
India’s Narendra Modi to meet China’s Xi Jinping as ties thaw
Shooting suspect tried to reach Trump in July
How Japan is accused of failing survivors of sexual abuse
Nicaragua scraps reforms after at least 25 killed in protests
China trash ban is a global recycling wake up call
NASA images paint the world in technicolor
From desertscape to India’s new tech hub
Beyonc reigns at Coachella once again
DJ Avicii’s family arrives in Oman as new details emerge on his death
The migrant caravan’s next steps may be an even tougher journey
Verne Troyer, ‘Mini-Me’ in Austin Powers films, dies at 49
Migrants from the caravan have started reaching the border
Michael Jackson’s famous moonwalk shoes are going up for auction
Nigeira’s Buhari faces backlash over comments on young Nigerians
Fired Zimbabwe nurses offer free health care to public in protest
3 theories behind the North Korean leader’s frantic diplomatic maneuvering
AFP
China’s ‘men only’ job culture slammed in new report
North Korea road accident causes ‘heavy casualties’: China
Afghan girl spends life disguised as ‘son’ her parents wanted
Remittance payments hit record in 2017: World Bank
Record US wage gains gnawing at corporate profits: survey
US hunts semi-nude gunman disarmed by ‘hero’ after 4 killed
Most Asia markets fall, with tech firms hit again
Conservative wins Paraguay presidency with narrow victory
Axes, sunglasses and now a summit at Korea’s DMZ
BHP, Vale given extension to settle Brazil mine disaster claim
Online myth busters fight tide of fake news in India
Verdict for Paris suspect Abdeslam in Belgian trial
Britain’s Prince Harry marks 25 years since racist murder of Stephen Lawrence
The 1990s Balkans wars in key dates
Karadzic: Bosnia’s ‘evil’ genocide mastermind
Karadzic war crimes appeal opens Monday
US gymnast says spoke of Nassar abuse 5 years before his arrest
Pyeongchang ‘raised the bar’ for Tokyo 2020: IOC
Nicaragua scraps pension reform in bid to end deadly protests
G7 united against Russia, doubts remain on Iran deal
10,000 march in Chile against Pinochet-era pensions
Suicide attack on Kabul voter registration centre kills 57
BBC
Mario Abdo Bentez wins Paraguay’s presidential election
Crossing Divides: Integrating the Swedish way
Jeremy Hunt threatens social media with new child-protection laws
Climate change: Michael Bloomberg offers $4.5m for Paris deal
Egypt’s Salah is UK’s PFA Player of the Year
Liverpool’s Salah named PFA Player of the Year
South Korea turns off loudspeaker broadcasts into North
Elderly dog helps save girl lost in Australian bush
Nicaragua president scraps pension cuts after deadly riots
Women’s Footballer of the Year contender Lucy Bronze
Canadian accused of murder is lynched in Peruvian Amazon
Meet the man who’s survived a snake, bear and shark attack
France approves controversial immigration bill
Andrea Nahles: First woman to lead Germany’s social democrats
Koulibaly’s Napoli winner puts pressure on Juve
Arsene Wenger’s African legacy after 22 years at Arsenal
Jacinda Ardern: I don’t mind the interest in my pregnancy
Zamalek appoint ex-Tottenham manager Christian Gross as new coach
Waffle House shooting ‘hero’: ‘I was saving myself
The ups and downs of Trump and Macron
In six days I’ll lose my voice forever
ASSOCIATED PRESS
Waffle House suspect still being sought; residents on alert
Pompeo facing rare opposition from Senate panel
Travel ban case is justices’ first dive into Trump policy
Korean Air chair’s daughters resign as smuggle probe widens
Man who snatched AR-15 from gunman: ‘It was life or death
World watching for signs of N. Korea nuke deal at 2 summits
At war with Alibaba: Top brands fight China e-commerce giant
Shanghai gets automated bank with VR, robots, face scanning
Hundreds mourn New Mexico woman killed in Southwest flight
Russia adds Google IPs to registry of banned sites
Twain apologizes for saying she would have voted for Trump
Survey: Economists’ outlook is sunny but not due to tax cuts
UK calls on social media firms to better protect children
Twain apologizes for saying she would have voted for Trump
Cavaliers win 104-100 at Indiana to even series at 2
Insider Q&A: The inherent limits of temporary tax cuts
Report: Au
Trump says North Korea agreed to denuclearize. It hasn’t.
Clinton stars as central villain in GOP’s midterm strategy
Russian lawyer questions why Mueller hasn’t contacted her
4 dead in Nashville Waffle House shooting; suspect sought
BUSINESS HEADLINES:
11 details you might have missed on the ‘Westworld’ season 2 premiere – Business Insider
12 Easy Cocktail Recipes to Serve All Spring and Summer Long – Forbes
2018 budget: MDAs have complied with FG’s directives ‘Akabueze – The Sun
3 Expert Tips For Better Work-Life Balance – Forbes
9 Words To Stop Negative People From Sucking The Energy Out Of The Room – Forbes
A Guinness World Record holder is preparing to climb Mount Everest ‘ again – Business Insider
Ability to support risk assets vital to bankssurvival – The Nation
Adrien Broner Vs. Jessie Vargas, Amir Khan’s Wicked KO, Weekend Highlights And Fight Reviews (VIDEO) – Forbes
Adrien Broner’s Post-Fight Interview May Have Angered You, But The Numbers Encourage Him To Continue – Forbes
AIB trains accident investigators locally, saves over $200,000 – Daily Trust
Akomolede: Property sector struggling post-recession – New Telegraph
America’s Smart Grid Dreams Fading Without Congressional Support – Forbes
Analysis: ZTE’s Collapse Reveals China’s Huge Dependence On U.S. Technologies – Forbes
As Sino-U.S. Trade Tension Simmers, Should American Tech Firms In China Worry – Forbes
Aviation fuel price records 110 % increase in two years – Daily Trust
AXA Mansard launches application for service delivery – New Telegraph
Banks face lower profits on new CBN disclosure rule – Punch
Banks must grow loan books to survive ‘ Report – Punch
SPORTS
Abuja 2018 Unity Polo Fiesta set to gallop off with 12 teams – Daily Trust
Again, Lulu Splashes N14. 5m Scholarship On 20 Players – Leadership
Andrew Landry Earns 1st Career PGA Tour Win at Valero Texas Open 2018 – Bleacher Report
Anthony Rendon Placed on 10-Day DL by Nationals with Toe Injury – Bleacher Report
Arsenal 4-1 West Ham – Arsene Wenger moved by reaction – BBC
Asaba 2018: African javelin champion vows to defend title – Vanguard
Asaba 2018: Champion aims high after C’wealth Games failure – New Telegraph
Asaba 2018: S Africa javelin star eyes title defence – Punch
Atletico Madrid 0-0 Real Betis: Rotated Atleti Record Disciplined Display Ahead of Arsenal Showdown – FTBpro
Barcelona whitewash Sevilla to lift 4th straight Copa del Rey – Daily Trust
Bayern must be fearless against Real Robben – Punch
Betking Pledges Support For Sports, As First Timer Wins N7m – Daily Independent
Blazers’ Damian Lillard Talks Possibly Splitting Up with CJ McCollum – Bleacher Report
Bordeaux 0 Paris Saint-Germain 1: Lo Celso keeps champions on track for records – Goal
Bordeaux 0 Paris Saint-Germain 1: Lo Celso keeps champions on track for records – Goal
Brazilian Menezes wins Tombim Open – New Telegraph
Burnley Hurt Stoke’s Survival Battle – Daily Independent
C’wealth Games: Ajunwa blames officials for athletics’ woes – New Telegraph
ENTERTAINMENT
#BBNaija 2018: Miracle Ikechukwu Igbekwe Wins Big Brother Naija ‘Double Wahala’ Season 3 – NET
#BBNaija 2018: Sex in the toilet, CeeC’s Bitterness And 3 Talking Points Of ‘Double Wahala – Information Nigeria
#BBnaija Final Show: Nina Evicted – Nigerian Pilot
#BBnaija Finale Update: Alex Evicted – Nigerian Pilot
#BBnaija Finale: Five Facts About Evicted Housemate Nina – Nigerian Pilot
#BBnaija Finale: Tobi Clinches Third Position – Nigerian Pilot
#BBNaija: ‘See Gobe’ winner, Efe spotted alongside other former housemates at live show in Lagos – Information Nigeria
#BBNaija: 3 Reasons Miracle Won BBNaija 2018 – Daily Times
#BBNaija: Alex has been evicted from the Big Brother Naija game – Information Nigeria
#BBNaija: As Expected, Miracles Wins the Big Brother Naija 2018 Edition – Gistlover
#BBNaija: Checkout Toilet Sex and the four major talking points – Daily Times
#BBNaija: Davido and his DMW crew members visit housemates (video) – Information Nigeria
#BBNaija: How Viewers Voted for Their Favourite Housemates In The Grand Finale – Gistlover
#BBNaija: How viewers voted for their favourite housemates this week – Information Nigeria
#BBNaija: I Am Not In A Relationship With Anto ‘ Lolu – Channels TV
#BBNaija: Miracle emerges as winner of the Big Brother Naija: Double Wahala game show – Information Nigeria
#BBNaija: Miracle wins N45 million 2018 Big Brother Naija – Nigeriafilms
#BBNaija: Nigerians react to Tobi’s eviction from the Big Brother house – 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
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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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