Business News

As many of us go back to face to face meetings, at least partially, a reminder of how to maximize those meetings is in order. Many of these apply to virtual meetings as well, but their importance is amplified when meeting offline. Here are five tips to get the most out of business meetings. Clarify the context of the meeting before scheduling it As someone wise once said, "Context is everything." In today's day and age with all the noise in our feeds, context is even more important. The one thing no one has enough of is time. Your time…
Ultimatums can mean the end of a relationship, but I remember one that sparked a new beginning--and this isn't a breakup story. After 12 years in business together, I wanted to start a new venture in the Philippines. I was up-front: Working remotely wasn't an option. My co-founder, Stephen, was either coming with me--or we were splitting up. To some, this might seem dramatic. But Stephen and I were accustomed to candid conversations. We went to the same high school, carpooled to college, and cut our teeth as entrepreneurs together--we've been told we fight like brothers. At that moment, it…
Oil rose after falling almost 5% over the prior two sessions as investors weighed the outlook for supply and demand following a big interest-rate hike from the Federal Reserve and rising US crude output. West Texas Intermediate futures climbed toward $117 a barrel in Asian trading on Thursday. The Fed raised interest rates by 75 basis points as the central bank seeks to combat surging inflation. US crude production rose to 12 million barrels a day last week, the first time at that level since early 2020, according to data from the Energy Information Administration. Crude is up more than…
There are a lot of brands out there but it can be difficult to distinguish between the basic vs. brilliant brands. There are two things that help a company stand out -- the product and the reputation. A lot of companies focus on their product, as they should but many don't pay enough attention to their reputation. The reputation of every company is essentially their bumper sticker for which they're known and ideally the reputation is positive versus notorious. Warren Buffet once said, "It takes 20 years to build a reputation and five minutes to ruin it. If you think…
JP Morgan Chase has won a $1.7 billion London High Court battle against Nigeria over its role in a disputed 2011 oilfield deal. The civil case, which was heard earlier this year, relates to the purchase by Shell and Eni of the offshore OPL 245 oilfield in Nigeria. Nigeria had alleged JP Morgan was "grossly negligent" in its decision to transfer funds paid by the energy majors into an escrow account to a company closely associated with the country's former oil minister Dan Etete, as per instructions the bank received from authorised government officials. According to Nigeria, the transactions put…
Federal Airport Authority of Nigeria (FAAN) has revealed that Nigeria lost at least $2.5 billion (about N1.25 trillion) in the maintenance of its aircraft to foreign Maintenance, Repair and Overhaul (MRO) facilities in 2021. Speaking on Tuesday in Abuja at the inaugural National Aviation Conferences (FNAC) organised by FAAN with the theme: ‘Advancing the Frontiers of Possibilities for Safe, Secure and Profitable Air Transport,’ Managing Director of FAAN, Rabiu Yadudu, said that such capital flight would have been saved if the country had MRO facilities that could adequately cater for all types of aircraft. To typically carry out C-check on…
In an ideal world you would hire a personal assistant that would stay with your company until retirement. You would only have to onboard an assistant once and for the next twenty years you would never have to worry about teaching someone how to check your email or make bank deposits. But we don't live in an ideal world. Employees come and go, priorities change and you are likely to find yourself having to onboard new team members at least every few years. So today I wanted to go over five processes that you want to go over with every…
There's a lot of tension happening in the marketplace today. Whatever you call it - the great resignation or maybe it's the great re-shuffle or possibly the great reset. And here's my take on it. Great talent doesn't just want more money, even if it's a major factor in their decision. They don't want more perks, either. They want to enjoy what they do. They want to grow. They want to become better leaders than they ever imagined they could become. And this is what many companies forget, even when things are going great. Here's my advice: Do not, for…
Cryptocurrencies pose risks to financial stability, but central bank digital currencies could solve problems such as bringing the poor into the financial system or cutting transaction costs, Kenyan and Nigerian central bankers said on Friday. Nigeria's eNaira digital currency, introduced last October, is a boon for inclusion, Kingsley Obiora, deputy governor of the country's central bank, said on a virtual event moderated by the International Monetary Fund's Africa director Abebe Aemro Selassie. Its launch - the first by an African central bank - was met with scepticism from industry experts and cryptocurrency users, and Obiora did not disclose how widely…
Challenges are certainly social media gold--just about everyone has had people trying to do planks or push ups consistently for a month pop up on their feed. But do these challenges actually work? While experts warn against inflated expectations and pushing yourself too hard too fast, when it comes to the mental side, the verdict is largely positive. A limited timeline helps take some of the terror out of getting started on a new habit, the social aspect of sharing your progress reinforces your commitment, and the sheer repetition of these challenges helps habits stick (though scientists warn that, depending…
June 26, 2025

How to ace a job interview in 90 seconds, from an Ivy League communication expert

Sophie Caldwell You only have about 90 seconds to make a strong first impression in…
June 26, 2025

Peter Obi decries ‘coordinated lawlessness’ after brother’s property is demolished in Lagos without court order

Former presidential candidate Peter Obi has condemned what he described as a brazen act of…
June 27, 2025

Which drink is best for hydration? Hint: It isn’t water

Lisa Drayer When you’re thirsty and in need of a drink, which beverages are best…
June 21, 2025

Man convicted of posing as flight attendant to fly for free 120 times

A 35-year-old American man has been found guilty of impersonating a flight attendant at least…
June 26, 2025

17 soldiers killed, dozens injured in fierce gun battles with terrorists in Niger, Kaduna

Seventeen soldiers have been confirmed dead and at least ten others injured following coordinated attacks…
June 27, 2025

What to know after Day 1219 of Russia-Ukraine war

WESTERN PERSPECTIVE Russia captures village in eastern Ukraine near lithium deposit, Russian-backed official says Russian…
June 25, 2025

Tesla robotaxi launch: Why getting from dozens to millions of self-driving cars won't be easy

Tesla (TSLA.O) finally has a robotaxi. Now comes the hard part. The electric-vehicle maker deployed…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

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