Business News

Allen Onyema, chairman of Air Peace, has raised the alarm over the alleged conspiracy by foreign governments to frustrate his airline out of business. Recounting his experience on the Lagos-London route during an interview on Channels TV’s Politics Today, on Tuesday, he said Air Peace commenced its London flight with special students’ fares to make travelling affordable for students going to study. He alleged the airline was being segregated, calling on the Nigerian government to do more to ensure the operation is sustained. “We are aware that there are devilish conspiracies. All of a sudden airlines are under pricing below…
New bosses are often promoted for the wrong reason and are unprepared for the role. On the latest episode of ‘The New Way We Work,’ we explore what it would look like to treat management like the important job it is. One of the most universal problems with work is bad bosses. Part of the reason so many people end up with a terrible manager is that as a society, we associate personality characteristics like charisma to mean someone has strong leadership skills. Instead, it’s often a sign of narcissism. But personality isn’t the only reason why so many people…
As a business coach, one of the things that we work on with our clients is not only helping them find and retain top talent, but also help them coach their team to help increase productivity and growth within the business. And one of the ways that we do that is we help them learn how to distinguish their employees into two different categories of workers. And while neither one is good or bad, it does affect the way that you interact with, train and retain those team members. So today I wanted to talk a little bit more about…
Manufacturers Association of Nigeria has said that its members have lost at least N1.5tn in the last six months to forex-related transactions. Director-General of MAN, Segun Ajayi-Kadir, made the disclosure to The PUNCH in an exclusive interview on Monday. The revelation came amid dissent by manufacturers that contrary to claims made by the Central Bank of Nigeria that all valid forex requests had been cleared, several manufacturers still have pending dollar requests, some of which have been left unattended for an extended period. Two weeks ago, the CBN announced it had successfully cleared all valid foreign exchange backlogs, effectively eliminating…
I dread having a busy schedule.Often, it feels like there aren’t enough hours in the day to fulfill my work obligations, spend time with loved ones, have a hobby and dedicate enough time to self-care without crashing.As a result, dinners with friends I haven’t seen since college get pushed back, appointments get rescheduled, and there’s no time for the dance, pottery and piano classes I used to take. Lori Santos, a Yale University psychology professor, called this a “time famine” at SXSW in early March. It can lead to poor work performance and burnout and even harm your mental health,…
In 2016, I was working two jobs as a senior web developer and an adjunct professor. On the side, to help me get by, I was a freelance web developer. I knew almost nothing about business. Today, I’ve built more than 10 passive income streams, including multiple e-commerce brands, a YouTube channel and an online school. Combined, these businesses bring in about $49,000 a month in passive income. I’ve learned a lot about how to create a profitable company. I always tell people that if they want to build successful side hustles and passive income streams, they need to stop…
Dangote oil refinery started supplying petroleum products to the local market on Tuesday, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence. The refinery, Africa's largest, was built on a peninsula on the outskirts of the commercial capital Lagos at a cost of $20 billion by the continent's richest man Aliko Dangote and was completed after several years of delays. It can refine up to 650,000 barrels per day (bpd) and will be the largest in Africa and Europe when it reaches full capacity this or next year. Dangote's group executive,…
There’s no shortage of stories about how technical skills in IT, software and data are in high demand and can command a handsome six-figure salary. But according to one LinkedIn expert, one particular soft skill may be as coveted as an Ivy League education. Given the fast-changing world of business, hiring managers “want to look for growth mindset,” says Aneesh Raman, a vice president and workforce expert at LinkedIn. “This is the new degree, the way that you’ve been looking for a Harvard degree.” A growth mindset, coined by psychologist Carol Dweck, is the idea that you can continue to…
Oil prices gained in early Asian trading on Tuesday, underpinned by signs of improved demand and escalating Middle East tensions that had sparked a rally in U.S. futures to a five-month high in the previous session. Brent futures for June delivery rose 37 cents to $87.79 a barrel by 0046 GMT. The May contract for U.S. West Texas Intermediate (WTI) crude futures rose 32 cents to $84.03 a barrel. Stronger than expected U.S. and Chinese manufacturing data is lifting prices, Tony Sycamore, a market analyst with IG, wrote in a note. Manufacturing activity in China and the U.S.expanded in March…
Young individuals often struggle to recognise opportunities that may lead them to success and also make the world a better place. However, Tesla CEO Elon Musk — the world's third richest person on the Bloomberg Billionaires Index — has revealed five key steps for the young generation to achieve success in their lives. In a resurfaced episode of the "Lex Fridman Podcast", Musk shared advice for high schoolers and college students aiming to make a positive impact on the world. Here are the five tips the billionaire thinks would help young people become successful. Be useful Musk's first tip for…
June 08, 2025

Nigerian Stock Exchange surpasses N72trn milestone as investors see massive gains

The Nigerian Exchange (NGX) achieved a historic milestone this week, with its market capitalization breaking…
June 02, 2025

Afenifere blasts Tinubu: ‘Midterm report shows woeful failure, economic deforms, and rising despair’

The pan-Yoruba socio-political organization, Afenifere, has issued a scathing midterm assessment of President Bola Tinubu’s…
June 07, 2025

Are boiled eggs good for you? Here's what experts say

Caroline C. Boyle If you’re after a nutrient-dense breakfast, boiled eggs are a quick and…
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 08, 2025

What to know after Day 1200 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Russian military retaliated against Kiev’s ‘terrorism’ – MOD The Russian military has said…
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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