A private secondary school in Kano, New Oxford Science Academy, Chiranchi, is accepting cryptocurrency as payment for school fees. Central Bank of Nigeria (CBN) had banned all forms of cryptocurrency transactions earlier in the year. But addressing journalists on Thursday, Sabi’u Musa Haruna, proprietor of the school, said the school management decided to accept cryptocurrencies after consulting parents and guardians. “The decision is aimed at easing the payment of school fees, for the parents,” Haruna said. “We have decided to accept cryptocurrency as school fees because the world today is tilting towards the system. “We believe one-day digital money will…

A new workplace paradigm is emerging. Jim Collins on how to lead your company into a new world of work What does it take for leaders to build companies that remain successful for generations? Uncovering the answers to this question has been the driving force of the Socratic business advisor Jim Collins's career. But, what about now, as we emerge from the Covid-19 crisis, in a business landscape that is best summed by the word "disruption"? I got on a call recently with Jim to discuss. For more than a quarter century, Jim's been obsessed with studying what makes great…

While some is always good and more is often better, too much is often a recipe for long-term failure. You have a goal: A worthwhile, important, even critical goal. Naturally, you want to complete it as quickly as possible. That's why successful people work smarter. And is why successful people also work harder. But only to a point. A friend of mine has been a superstar salesperson, the kind who outsells her peers by multiples of six to eight, for nearly two decades. I asked her how she has managed -- and, more crucially, maintained -- that level of exceptional…

Nigerian stocks shed 1.81 per cent or N364 billion on Tuesday, the deepest dive since March 9, as heavyweight equities including Airtel Africa, Presco and BUA Cement led a retreat that compound the loss of the day before. The loss brought the market capitalisation below the N20 trillion mark. The industrial index dropped 1.13 per cent to 1,907.24 basis points, worsening loss. Market breadth, which gauges investor sentiment, closed on a negative note, with 23 losers reported against 18 gainers. The all-share index contracted by 698.23 basis points to 37,847.07, while market capitalisation closed lower at N19.725 trillion. Year to…