Business News

Whether it's "conversational marketing" or "AI-based tailored touchpoints", the trends for today's envelope-pushing marketers have a single red thread running through them: they recognize the human being on the other side of the business transaction. Human beings have a finite set of attentional resources. The founding father of our science, William James, once wrote, "attention implies a withdrawal from some things in order to deal effectively with others." Innovative marketers and brand strategists may be forward-thinking, but their foundational thinking on human attention and psychology is ancient. They recognize that to succeed, a business needs to master the art of…
Are you stuck with a workplace jerk? Here's your survival guide. If you're stuck sharing a workplace with a toxic co-worker or boss, you know just how disheartening it can be. But if you're the boss, you may have even more reason to worry because having difficult people among your employees can cost you valuable talent. "We're seeing right now that the number one reason people leave jobs is because of dealing with difficult bosses or co-workers," says Tessa West, associate professor of psychology at New York University and author of Jerks at Work: Toxic Co-Workers and What to Do…
Group Managing Director of Nigerian state oil firm NNPC and the Governor of Central Bank of Nigeria told the National Assembly and the country's airline association on Monday that they were unable to help with soaring jet fuel prices. However, in a resolution to the meeting, NNPC agreed to supply jet fuel to marketers nominated by the Airline Operators of Nigeria, and the association will itself apply and be granted a jet fuel import licence, Speaker of the House of Representatives, Femi Gbajabiamila, said. Fuel prices have risen sharply around the world since Western companies began imposing a series of…
Gbenga Adebayo, chairman, Association of Licensed Telecommunication Operators (ALTON), has asked the federal government to remove “nuisance taxes” placed on operators in the sector. Nuisance tax is a tax imposed as a percentage of the selling price of goods or services, payable by the customer and transmitted by the seller to the taxing authority. Adebayo said this on Sunrise Daily, a Channels Television programme on Monday. Last week, TheCable reported that President Muhammadu Buhari had approved the collection of five per cent excise duty on telephone recharge cards and vouchers. The new 5 per cent duty would add to some…
Cocoa farmers in Ofosu in Idanre Local Government Area of Ondo State on Monday protested against an alleged sale of their farmland to a Chinese company by the state government. The protesters barricaded the Lagos/Benin Expressway, carrying placards with different demands. Some read: “Respect Our Right to Livelihood”, “Don’t Give Our Land to Mindless Capitalists” and “We Want to Remain Farmers and not Armed Robbers”. Others read: “No Farmers, No Nation”, “Please, Don’t Take our Farms” and “Have Mercy on Us. Don’t Take our Farms” Speaking with journalists during the protest, a community leader, Kazeem Akinrimisi, the Sasere of Ofosu,…
Tesla CEO Elon Musk ignited a firestorm on social media by suggesting that he might die "under mysterious circumstances." While some on Twitter rushed to the conclusion that he might fear the Clintons, it seems the CEO may have been referencing a potential threat from Russia. "If I die under mysterious circumstances, it’s been nice knowin ya," Musk, who is also the CEO of SpaceX and who recently acquired Twitter, posted on the social media platform. When Musk's mother Maye Musk responded, "That's not funny," her son replied, "Sorry! I will do my best to stay alive." Many commentators suggested…
Access to information is great, but that access often results in the Deep Dive Effect: Post "research," your simple idea, while once inspiring -- because the simple ideas are always the most exciting ideas -- now seems overwhelmingly complex. Take starting a side hustle. After a deep dive into market research and branding and accounting and tax planning and solo 401(k)s... building a few decks for people in your neighborhood can seem way too complicated. So you don't. Even though, as Richard Branson says, the key to business success is simple: "Work hard, take your chances, and seize opportunities when…
Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including moves by Western oil majors away from African projects. OPEC and its allies, known as OPEC+, pumped 1.45 million barrels per day (bpd) - equal to 1.5% of world supply - below its target in March, the OPEC+ figures seen by Reuters show. According to the figures, Angola was responsible for almost 300,000 bpd of the OPEC+ supply shortfall while Nigeria was pumping almost 400,000 bpd below target. The war…
Three in five Americans dream of starting their own business. That means 61% of people are sitting at their desk or behind a counter, daydreaming about leaving behind the job they’re actually doing and finding the vocation that fills their cup. Of those dreamers, an incredible 92% of them never get started: most people never turn dreaming into doing. Wantrepreneurs are often kept back by funding concerns or lack of technical know-how. Even more say they just don’t know how to begin. But how you start your business doesn’t matter. If you have a fire burning inside to build your…
Ibom Air on Saturday said it will not take part in an industry plan to stop flights from Monday over the high cost of jet fuel, saying the move would affect revenues needed to service obligations to financiers and suppliers. The Airline Operators of Nigeria said on Friday that members will stop local flights from Monday until further notice. Ibom Air, one of the smaller members of the nine airline association, is the first to say it will not participate in grounding flights. The association said jet fuel has risen to 700 naira ($1.69) per litre in Nigeria from 190…
January 01, 2025

Tips for work success in 2025, from a former Google exec: It’s ‘the kind of…

Gill Malinsky After nearly 18 years at Google, Jenny Wood now dedicates her time to…
December 27, 2024

Bauchi governor accuses Tinubu of anti-North policies, warns of backlash

Bauchi State Governor Bala Mohammed has criticized President Bola Tinubu’s tax reform policies, calling them…
December 30, 2024

As prices of vegetable oil hit the roof, Nigerians use this kitchen gadget as alternative

It seems the high cost of vegetable oil has done what no culinary innovation could—turn…
December 29, 2024

Missing dog returns home on Christmas Eve, rings doorbell

Athena disappeared from her Florida home on Dec. 15 and had her family worried they…
December 27, 2024

Christmas Day attack on Benue community claims 11 lives

At least 11 people have been reportedly killed in Tor Azege community in Kwande Local…
January 01, 2025

What to know after Day 1042 of Russia-Ukraine war

WESTERN PERSPECTIVE Ukraine hits Russian oil depot in Smolensk region The Ukrainian military said on…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
December 17, 2024

Ademola Lookman named 2024 CAF Men’s Player of the year. These players won in other…

Ademola Lookman, the Super Eagles winger, was crowned the 2024 CAF Men’s Player of the…

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