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Helming a company is complicated. There is a strategic vision to develop, employees to inspire, interpersonal complexities to navigate. As you start your entrepreneurial journey it's natural to worry you might not be cut out for such a demanding role. Fine-tuning your leadership skills may be the project of a lifetime, but determining if you have the the most essential building block to lead people is actually simpler than you probably think, according to a new article from Yale's Emma Seppälä and University of Michigan's Kim Cameron in the Harvard Business Review. "The greatest predictor of success for leaders is…
Naira, on Wednesday, weakened to N707 a dollar at the parallel section of the foreign exchange market. The figure represents N42 or 7.45 percent depreciation compared to the N658 it traded last week — further losing value against the dollar. Street traders who spoke to TheCable said the free fall resulted from the lingering foreign exchange (FX) supply constraints. With a profit margin of N17, the traders put the buying price at N690 and the selling price at N707. A parallel market (street market) is characterised by noncompliant behaviour with an institutional set of rules. Central Bank of Nigeria (CBN)…
Federal Executive Council (FEC) has given approval to Nigeria Air to lease aircraft to start operations. Minister of Aviation, Hadi Sirika, announced this Wednesday while briefing State House reporters after the federal cabinet meeting presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa in Abuja. The minister, who didn’t disclose when the national carrier would start its operations, said the company would begin with three aircraft. Sirika said Nigeria Air was open to investment from any of the country’s airlines, particularly the 51 per cent shares set aside for Nigerians. Asked about the number of…
Is a boss in your company making employees miserable? If so, you are probably struggling to figure out how you can reduce that misery. The ideal solution is to find a great boss and keep working with them as long as that relationship helps each of you get where you want to go. Sadly, there are many kinds of bad bosses. Don't be one of these people. Here are three different kinds and what you should do about them. 1. The risk-averse control freak Some bosses are afraid that their career will be at risk if the project they assign…
When you're your own boss, managing the highs and lows of business is skill unto itself. Here's a roadmap. Every day, entrepreneurs across the country are taking significant personal risks, creating new companies, and boldly paving previously nonexistent paths forward. They pour their passion, authenticity, and, oftentimes, their finances into these ventures--and there's no guarantee of success. Everyone has ups and downs on a daily basis, but in my experience as an entrepreneur, the highs are higher, and the lows are lower. I'm not the first to observe that there's no way to truly prepare for becoming an entrepreneur. It's…
French oil and energy company TotalEnergies has begun production from the Ikike field in Nigeria, which is expected to deliver peak production of 50,000 barrels of oil equivalent per day by the end of 2022, it said on Monday. The European Commission's deputy director general for its energy department this month said that the European Union was seeking additional gas supplies from Nigeria as the bloc prepares for potential Russian supply cuts. Reuters
Oil rose on Tuesday on expectations Russia's reduction in natural gas supply to Europe could encourage a switch to crude, though concerns over weakening fuel demand because of an expected increase in U.S. interest rates limited gains. Brent crude futures for September settlement climbed 45 cents, or 0.4%, to $105.60 a barrel by 0112 GMT, following a 1.9% gain in the previous day. U.S. West Texas Intermediate (WTI) crude futures for September delivery increased 34 cents, or 0.4%, to $97.04 a barrel, having gained 2.1% on Monday. Advertisement · Scroll to continue Russia tightened its gas squeeze on Europe on…
Tesla founder Elon Musk denied an alleged affair with the wife of Google co-founder Sergey Brin, which was reported as the reason for the couple’s divorce earlier this year. In a tweet late Sunday evening, Musk said a recent Wall Street Journal report alleging he was the cause of the divorce is "total bs" and that he and Sergey "are friends." "This is total bs. Sergey and I are friends and were at a party together last night!" Musk tweeted. The report identified Musk as the reason Brin filed for divorce from his wife, Nicole Shanahan, in January after learning…
When maurizio caio, a fund manager with about 20 years of experience in tech, began raising money in 2015 for an African startup fund, investors were hesitant. “They said to pick either Africa or venture capital (vc),” says Caio, who jointly runs tlcom Capital, a fund focused on Africa. “There is an Africa risk and a vc risk,” was the message. “Don’t combine the two.” Such attitudes are rarer these days. Last year 604 African startups raised a total of $5.2bn, according to the African Private Equity and Venture Capital Association (avca), an industry group. This was more than the…
The long term friendship between the world’s richest man, Elon Musk, and Google co-founder, Sergey Brin, has ended following an alleged affair between the SpaceX boss and Brin’s wife, Nicole Shanahan. This is according to a report released by Wall Street Journal on Sunday. Quoting “people familiar with the matter”, WSJ noted that the brief love affair which happened in December 2021 caused Brin to file for divorce in January 2022. According to records filed in Santa Clara County Superior Court, Brin had filed for divorce from Shanahan citing “irreconcilable differences.” According to the sources, Brin filed for the divorce…
June 09, 2025

Nigerian energy firm achieves 200,000 barrels daily output after Shell acquisition

Renaissance Africa Energy Company Limited (RAEC) announced it has successfully increased crude oil production beyond…
June 09, 2025

Northern leaders criticize Tinubu for focusing on 2027 re-election instead of national challenges

The Arewa Consultative Forum (ACF) has criticized President Bola Tinubu and the ruling All Progressives…
June 09, 2025

The two kinds of people in the world - and why it matters for leadership

Robert E. Siegel One provocative assertion I often make when teaching is that there are…
June 07, 2025

‘Nigerians are marrying all our daughters’, Kenya’s President Ruto, cries out

Kenyan President William Ruto has stirred up a storm on social media with his provocative…
June 06, 2025

Gunmen kill two policemen, abduct Chinese in Kwara

The Kwara State Police Command on Thursday confirmed the killing of two policemen and the…
June 09, 2025

Here’s the latest as Israel-Hamas war enters Day 612

Israel reveals tunnel under Gaza hospital, says body of Sinwar's brother found there The Israeli…
June 08, 2025

Let God back into the lab: Why science without God is failing us

David Rives In recent decades, a subtle and sinister revolution has occurred in our scientific…
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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