How to influence people without making them feel like you're telling them what to do, using one simple phrase
Jason Aten • If you want to influence people to do something, your job is to tell customers what they should do without making them feel like you're telling them...
Emefiele adopts ‘Soludo Solution’, as banks are required to boost capital base
Depreciation of the naira between 2004 when the last banking sector recapitalisation took place and now has cut the value of the capital of each Deposit Money Bank by about...
Facebook just launched the latest strike in its cold war with Apple
Jake Kanter • Facebook and Apple's cold war continued on Monday. • Nick Clegg, Facebook's head of global affairs and a top lieutenant to CEO Mark Zuckerberg, suggested that the...
The best bosses in the world do these 10 things
If your company can train and promote managers who do these 10 things, you'll build trust and inspire your people to become the best versions of themselves. A company could...
CBN promises 7-year loans to NYSC members to establish businesses
Central Bank of Nigeria has said it will offer loans to National Youth Service Corps members to start small and medium scale enterprises, which they will repay in seven years....
5 signs you’re doing the job you were born to do, according to experts
Lindsay Tigar If you're in the right role, you're excited about your responsibilities, deliverables, and impact on your team. How can you tell your current gig is actually right for...
Facebook's Project Libra: 5 things to know about the new cryptocurrency
After months of speculation, Facebook finally announced details about its new cryptocurrencyon Tuesday morning. The digital currency, called Libra, will be available starting next year to the billions of people...
Zuckerberg's 'shadow bank': Pushback against Facebook's new cryptocurrency has already begun
Isobel Asher Hamilton • Facebook announced the launch of its new cryptocurrency, Libra, on Tuesday. But critics already have their doubts. • France's finance minister was among the first to...
Ghana gains as foreign investment into Nigeria drops by 43% - UN
Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reutersreported on Thursday that investors were put off...
Rivers, Delta, other south-south states lead in alcohol spending - NBS
Alcohol consumption is a big business in Nigeria with consumers spending just less than a quarter of a trillion naira in 2016. According to the latest data from the nation’s...
Denying Bloomberg report, CBN says not scrapping multiple exchange rates
Central Bank of Nigeria (CBN) yesterday refuted reports that it had floated the naira, Nigeria’s currency. Director, Corporate Communications, CBN, Mr. Isaac Okoroafor, stated this in reaction to a Bloomberg...
CBN hints at scrapping multiple exchange rates
Central Bank of Nigeria signaled it will allow Naira to weaken past its official rate as it gradually unwinds its regime of multiple exchange rates, data on its website shows....
Nigeria’s economy won’t grow for these reasons - Dangote
President of Dangote Group, Mr Aliko Dangote, says the availability of consumer credit facility is an important option in fighting corruption in the country. Dangote said this on Saturday in...
15 sentences that most successful, genuinely likable employees say at the office
Taylor Tobin, Fairy God Boss • Want to stand out as a particularly collaborative colleague? Continually making yourself available to help with professional projects is one auspicious way to start....
The richest people do one thing that makes them richer. Here’s it
Emmie Martin Suze Orman: Rich people all do this one thing that makes them even richer From the outside, being a part of the 1 percent looks like an all-access...
Manufacturing declined by N78bn in Q1 2019 - NBS
Manufacturing sector recorded a decline of about N77.92bn in output in the first quarter of this year, figures obtained from National Bureau of Statistics have revealed. An analysis of Gross...
Nigeria has become Africa's money-losing machine - Forbes
Want to lose money in one of Africa’s biggest markets? Put it to work in Nigeria. Despite sitting on nearly 40 billion barrels of proven oil reserves and over $48...
SEC removes Tinubu, 5 others from Oando, bars them from public companies
Securities and Exchange Commission (SEC) on Friday barred Group Chief Executive Officer of Oando Plc, Mr Wale Tinubu, and his deputy, Mr Omamofe Boyo, from holding director positions of public...
Extroverts have 4 consistent advantages over everyone else at work
Shana Lebowitz • An extrovert has a leg up over introverts at work, according to a new study. • For example, extroverts are more skilled at schmoozing with coworkers. They...
These are 7 types of people who never succeed at work
Una Dabiero There are seven common professional personalities that never succeed at work, along with their tell-tale signs. Those who are on the low end of the emotional intelligence (EQ)...
Nigeria lost N4.6tn to import waivers in 2 years - FG
Federal government has stated that it lost N4.6 trillion to waivers granted to importers in 2017 and 2018. As part of her commitment to block leakages and improve revenue base...
FG plans to involve youths in export business - NEPC
A major corporate focus of Nigerian Export Promotion Council, NEPC, in the coming months, will be systematic involvement of many Nigerian youths in exporting Nigerian products to African countries and...
Soon, you won’t need to own gas cylinders to buy cooking gas. Here’s how
Federal Government is coming up with a policy that will remove ownership of Liquefied Petroleum Gas (cooking gas) cylinders from consumers. It stated that the move would help deepen the...
Niger state gov’s dad, 10 others revealed as owners of MTN Nigeria
Last Saturday’s listing of MTN Nigeria shares on Premium Board of Nigerian Stock Exchange (NSE) has made it possible to identify shareholders of the telecoms firm. Many Nigerians believed the...
Shake-up in NNPC, subsidiaries, as 50 top managers lose positions
There has been a massive reorganisation of top management staff of Nigerian National Petroleum Corporation, as about 50 senior personnel of the oil firm and its subsidiaries have either been...
Oil surges after OPEC indicates it will maintain output cuts
Oil rose to multi-week highs on Monday after OPEC indicated it will likely maintain production cuts that have helped support prices this year, while tensions continued to escalate in the...
FG to collect VAT on online transactions - FIRS
Federal Inland Revenue Service ((FIRS) plans to extend Value Added Tax (VAT) to online transactions soon, according to chairman of the agency, Mr. Babatunde Fowler. He said in New York...
MTN listing on NSE increases market value by N1.8trn
Listing MTN Nigeria Communications Plc on Nigerian Stock Exchange, NSE, yesterday, boosted market capitalisation by N1.8trillion, even as the limited supply of the shares constrained deals. Consequently, NSE market capitalisation...
I interviewed 100 of the world’s wealthiest people and learned 4 tricks that explain how the super-rich get to the top - and stay there
Greg Reid • Greg Reid interviewed 100 of the world's richest people — from entertainment pioneers to real estate tycoons — to find out how they built their wealth and...
NSE approves price for MTN share
Nigerian Stock Exchange on Tuesday approved the listing of MTN Nigeria shares on the nation’s bourse. A senior management at NSE, who pleaded anonymity, said MTN Nigeria’s application for listing...
No money to start? No problem. Try these 5 options to fund your business
Sujan Patel Follow these simple guidelines to fund the business of your choosing for little to no capital. As mentioned previously, you can use sites such as Fiverr or Elance...
Buhari reappoints Emefiele CBN gov for second term
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has been reappointed for a five-year tenure by President Muhammadu Buhari. The news of his reappointment was broken when Senate President Bukola...
Emir of Kano, others appointed into MTN Board
MTN Group has announced significant changes to its Board of Directors with the Emir of Kano, Mr Sanusi Lamido Sanusi, getting on the board by July 1, 2019. Another Nigerian,...
O'dua group appoints new MD/CEO for Western Hotels
Odua Investment Company Ltd, holding company for the joint investments owned by the 6 States of southwest has announced the appointment of Mr Abimbola Alagbe as new Managing Director/CEO of...
Nigeria finding it difficult to sell crude oil in international markets - Report
About 15 to 20 cargoes of Nigerian crude oil from the April loading programme remain unsold despite the cut in selling prices. Some of those cargoes are expected to be...
Here's how to know workers who’ll quit 9 months in advance
Jessica Stillman • A new survey of 34 million employees in 125 countries carried out by employee engagement platform Peakon insists it's possible to know who in your office will...
Economy bleeds, households in darkness, as power generation drops by half
Nigeria’s economy over the weekend witnessed a major setback as consumers – individuals, households, companies and others experienced prolonged power outages, following a huge drop of power supply from 4,000...
Nigeria’s oil exports plunge as oil companies declare force majeure
Exports of Nigerian crude oil have suffered a significant disruption as two international oil companies operating in the country declared force majeure on two crude grades. Force majeure is a...
CBN to withdraw dirty, mutilated notes from circulation
A large proportion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, Central Bank of Nigeria (CBN)...
Oil falls after Trump urges greater OPEC output to replace Iranian oil
Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact...