We often hear corporate leaders talk about transforming their company culture. But this transformation needs to be more than a buzzword – it has to start with an honest analysis of an organisation’s current culture. This authenticity is vital because organisations have unspoken codes, and therein lies the hidden truth that unmasks their culture. Corporate leaders need to be genuine seekers of what they need to hear and not what they want to hear from employees who are just there to butter them up. Those kinds of employees are sycophants – people who will tell you what you want to…

Shell confirmed on Friday that Nigeria withdrew civil claims totalling $1.1 billion against it in relation to allegations of corruption in a 2011 oilfield deal. "We are pleased that this claim has been withdrawn. It brings to an end to all legal cases against Shell on OPL 245 in Italian courts," a Shell spokesperson said in a statement. In 2021, an Italian court acquitted Shell, Eni, the operator of the OPL 245 oilfield, and company executives of corruption allegations in the acquisition of the field a decade earlier. Eni confirmed Nigeria had withdrawn the claim on Thursday. Reuters

Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. Telecom operators disclosed this on Thursday at the Nigerian Communications Commission industry interactive session with the new Executive Vice Chairman/Chief Executive Officer of the commission, Aminu Maida. The Association of Licensed Telecommunications Operators of Nigeria, on behalf of telcos, stressed that the debt will not be forgiven. ALTON Chairman, Gbenga Adebayo in his goodwill address to the EVC said, “The banks owe us money. The debt is now over N200bn. It won’t go away, no one will forget the debt if the money is not paid.” He highlighted…

In the world of mental health, “dysmorphia” describes an obsessive focus on perceived defects in one’s body. People with body dysmorphic disorder may find themselves constantly comparing themselves unfavorably with the appearance of others. Ali Katz, an estate lawyer and founder of the Family Wealth Planning Institute, sees an analogous phenomenon in the world of financial psychology — a state in which someone’s self-perception regarding their money doesn’t match reality. She calls it “money dysmorphia.” “It’s a distorted view that we have around money that causes us to make poor decisions,” Katz says. One common form Katz sees among her…