Are you a formerly "gifted" kid, struggling to find success as an adult? Organizational psychologist Adam Grant may have a solution for you.

Put simply: Instead of giving up when things don't come naturally to you, start thinking like a "late bloomer."

"Natural talent is overrated," Grant, a bestselling author and psychology professor at the University of Pennsylvania's Wharton School, recently told CNBC's "Squawk Box." "Most child prodigies do not grow up to become adult geniuses. And I think that leaves us to really underestimate the slow learners, the late bloomers."

You need to be able to try new things, problem solve and accept mistakes to reach the height of your capabilities, Grant wrote in his newest book, "Hidden Potential: The Science of Achieving Greater Things." Those "slow learners" develop such traits by necessity from an earlier age, priming them well for achievement later in life, he added.

Late bloomers also tend to be particularly skilled at turning weaknesses into strengths, and if you can master something you're bad at, you're well-equipped to handle most types of challenges, Grant told "Squawk Box."

That doesn't mean the "naturally gifted" are doomed, according to Grant. His book outlines ways anyone can work toward reaching their potential:

• Ask superiors and peers for advice rather than feedback. You'll elicit more interesting and relatable takeaways.
• Find new and fun ways to practice your skills. Athletes often call this cross-training: Instead of running drills or plays repetitively, they lift weights, practice yoga or even attend dance classes. No matter your context, doing this can help prevent burnout.
• Expect and accept awkwardness. Mastering anything is difficult, and that shouldn't deter you from trying.

"The feeling that something is uncomfortable is a signal that you're about to learn something new," Grant told the New York Times last month. "That's a signal we should not only pay attention to, but amplify.

Research backs that up. If you've been dubbed an auditory learner, for instance, you might prefer audiobooks or podcasts over written texts. But the format doesn't actually affect your ability to master the material: People grasp new concepts more effectively when they're pushed outside their comfort zones, studies suggest.

Character skills can be highly valuable in the workplace. Billionaire entrepreneur Mark Cuban actively seeks out employees who make the office a better place rather than scouring through impressive resumes, he told Grant's "Re:Thinking" podcast last year.

In one example, Cuban said he hired a CEO who had less relevant experience on their resume, but excelled at "employee support and employee training and enhancement."

″[They] may not have had the experience on the business side that we otherwise would have gone for," said Cuban. "[But they] were putting [employees] in a position to succeed [better] than anybody I've seen."

CNBC

Central Bank of Nigeria scrapped a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post in September, raising concerns about attempts to bolster the nation’s currency that’s plunged about 42% this year and is fueling inflation.

A calendar of MPC meetings published on the central bank’s website had scheduled the next gathering for Monday and Tuesday. The “MPC is not holding” a meeting this week, Isa Abdulmumin, spokesman for the bank, said by text message on Monday. He didn’t give a date for when it would be held.

Investors have been looking to the MPC meeting for signals on how the central bank will rein in inflation that’s accelerating at the fastest pace in almost two decades. They were also anticipating an update on the overhaul of the nation’s foreign-exchange controls initiated by President Bola Tinubu in June.

Nigeria Postpones Rate Decision as Inflation Quickens

Price growth is at an almost two-decade high

“Postponing two successive meetings is not a good sign” if you want to stabilize the naira and attract investment to the country, Mosope Arubayi, an economist at IC Group said by phone from Lagos. The meeting will “enable investors to assess the direction of the new MPC board. The most important information for foreign investors is the interest rate.”

The naira was trading at a wide spread at the official market, compared with the parallel market rate because of dollar shortages. It closed 791.74 a dollar on Friday, according to Lagos-based FMDQ, which tracks the data. That compares with 1,138 naira to the dollar it traded on the streets of Lagos on Monday — a 30% spread, Abubakar Mohammed, chief executive officer of Forward Marketing Bureau de Change Ltd., which compiles the data said by phone.

A Bloomberg survey of 12 economists had forecast the central bank will raise its benchmark rate by as much as 325 basis points from 18.75%.

CBN held its last monetary policy meeting in July when it raised the benchmark by 25 basis points to curb inflation, which was 22.8% in June. The price index has since climbed to 27.3% in October, pressured by the depreciation in the local currency and a jump in fuel costs after the removal of subsidies on gasoline.

The new CBN leadership has instead signaled an intention to tighten borrowing costs and control liquidity by raising yields on short-term papers.

“While rising OMO yields are the most important signal yet of the CBN’s tightening intent, formalizing this with an MPC statement would also help reinforce the message,” said Razia Khan, chief economist for Africa and the Middle East at Standard Chartered Bank, referring to open market operations conducted by the authority.

Cardoso may give some indication of the central bank’s policy direction on Nov. 24 when he speaks at a dinner organized by the Chartered Institute of Bankers of Nigeria, Lagos-based Thisday newspapers reported on Monday, citing a statement from the industry group.

Bloomberg

Former President Olusegun Obasanjo says democracy has not been working as a system of government in Africa because it was “forced” on the continent.

Obasanjo stated this on Monday in Abeokuta in his address at a high-level consultation on “Rethinking Western Liberal Democracy for Africa.”

The former president said the Western style of democracy has failed in Africa because it does not take into consideration the views of the majority of the people.

He described Western Liberal Democracy as a “government of a few people over all the people or population”.

”These few people are representatives of only some of the people and not full representatives of all the people.

“Invariably, majority of the people were wittingly or unwittingly kept out. This is why we should have ‘Afro Democracy’ in place of Western Liberal Democracy.”

Obasanjo said African countries have no business operating a system of government in which they have no hands in its definition and design.

“The weakness and failure of liberal democracy as it is practised stem from its history, content, context and its practice.

“Once you move from all the people to representatives of the people, you start to encounter troubles and problems.

“For those who define it as the rule of majority, should the minority be ignored, neglected and excluded?

“In short, we have a system of government in which we have no hands to define and design and we continue with it, even when we know that it is not working for us.

“Those who brought it to us are now questioning the rightness of their invention, its deliverability and its relevance today without reform,” he said.

Obasanjo explained that the essence of any system of government should be the welfare and well-being of the people.

“Here, we must interrogate performance of democracy in the West – where it originated from – and with us the inheritors of what we are left with by our colonial powers.

“We are here to stop being foolish and stupid. Can we look inward and outward to see what in our country, culture, tradition, practice and living over the years that we can learn from?

“(Something) that we can adopt and adapt with practices everywhere for a changed system of government that will service our purpose better and deliver.

“We have to think out of the box and after, act with our new thinking.

“You are invited here to examine clinically the practice of liberal democracy, identify its shortcomings for our society and bring forth ideas and recommendations that can serve our purpose better,” he said.

In his remarks, a former governor of Ekiti State, Kayode Fayemi, said liberal democracy in Africa is confronted with many challenges.

Fayemi said the improvement of the welfare of the people remained important, as democracy faces challenges of delivery in Africa.

“Non-delivery of development outcomes for the people must be adequately addressed so that democracy can deliver,” he said.

NAN

Lagos State Government under the leadership of Babajide Sanwo-Olu approved N24.5m for the renovation of the official residence of the Commissioner of Police in the state.

The approval for the project executed by Omay Engineering Services Ltd was dated February 6, which was a few days before the February 25 general election.

The main opposition parties in the state accused security agencies of colluding with non-state actors to intimidate their supporters and suppress votes in some areas of the state.

This was seen in the Public Procurement awards by the state government in 2nd and 3rd quarters of 2023.

Aside the money spent on renovation, the state Ministry of Justice paid N200m to four Senior lawyers to represent Sanwo-Olu and Hamzat in pre-election matters.

The state also released N20.8m for the decoration of the venue for political delegates’ congress.

However, the money was approved on June 26, more than three months after the 2023 general elections.

N6.1m was approved in July for the provision of furniture items at the Campaign office, GRA, Ikeja. Political commentators said it is wrong for taxpayers’ money to be used to fund political activities.

The government also approved N152 million for the restoration of water supply at Iduganran palace, the official residence of the Oba of Lagos.

These revelations come at a time when Nigerians are struggling to cope with harsh economic conditions.

Sanwo-Olu and Hamzat, have come under criticism over the controversial approval amid the nationwide hardship.

In addition, Sanwo-Olu approved N44.8m for the clearing of vegetables within the Epe Mixed Development Scheme.

According to records from the state’s Public Procurement Agency (PPA), the project was awarded in May to M/S Obak Nigeria Enterprises by the Lagos State New Towns Development Authority.

Another approval by Sanwo-Olu is N7.5 million to replace liquid fragrance in his office.

Further checks revealed that some questionable spending was approved by the state government. According to the document, N73.1m was approved for the production of the official portraits of President Bola Tinubu and the state governor, Sanwo-Olu. The project which was executed by the office of the Chief of Staff was awarded to Flolizvi Connect.

Tinubu, a former governor of Lagos state, was sworn-in as President on May 29. Sanwo-Olu also started his second term tenure on the same date.

N80.8m Tokunbo vehicles; 400m on Charter plane

The office of the Chief of Staff also got approval of N80.8m on June 19 for the procurement of ten units of foreign used vehicles. The same office got approval of N440.75m for the purchase of a brand new Lexus LX 600 Bulletproof Sport Utility Vehicle.

The office also got N18.5 million for the supply and distribution of 2,000 Noiler chicken across the local government areas and wards in the state.

400m was approved for flying hour expenses on an ad-hoc charter plane.

N152 for Akiolu’s water, N581m for church renovation

The government also approved N152m for the restoration of water supply at Iduganran palace, the official residence of the Oba of Lagos.

Records also showed that the state approved N581m to renovate Saint Andrews Anglican Church in Oke-Popo area of the state.

Daily Trust

Hamas chief says close to truce agreement with Israel

The chief of Hamas told Reuters on Tuesday that the Palestinian militant group was near a truce agreement with Israel, even as the deadly assault on Gaza continued and rockets were being fired into Israel.

Hamas officials are "close to reaching a truce agreement" with Israel and the group has delivered its response to Qatari mediators, Ismail Haniyeh said in a statement sent to Reuters by his aide.

There were no more details about the terms of the potential agreement.

U.S. President Joe Biden said on Monday he believed an accord was near. "We're closer now than we've been before," White House spokesman John Kirby said of an agreement aimed at securing the release of some hostagesheld in Gaza and a pause in the fighting that would allow much needed aid into the besieged enclave.

Hamas took about 240 hostages during its Oct. 7 rampage into Israel that killed 1,200 people.

Mirjana Spoljaric, president of the International Committee of the Red Cross (ICRC), met Haniyeh in Qatar on Monday to "advance humanitarian issues" related to the conflict, the Geneva-based ICRC said in a statement. She also met separately with Qatari authorities.

The ICRC said it was not part of negotiations aimed at releasing the hostages, but as a neutral intermediary it was ready "to facilitate any future release that the parties agree to."

Talk of an imminent hostage deal has swirled for days. Reuters reported last week that Qatari mediators were seeking a deal for Hamas and Israel to exchange 50 hostages in return for a three-day ceasefire that would boost emergency aid shipments to Gaza civilians, citing an official briefed on the talks.

Israeli Ambassador to the United States Michael Herzog said on ABC's "This Week" on Sunday that he hoped for an agreement "in the coming days" while Qatar's Prime Minister Sheikh Mohammed Bin Abdulrahman al-Thani said that the remaining sticking points were "very minor."

A deal has appeared close before.

"Sensitive negotiations like this can fall apart at the last minute," White House deputy national security adviser Jon Finer told NBC's "Meet the Press" program on Sunday. "Nothing is agreed until everything is agreed."

Hamas' raid on Oct. 7, the deadliest day in Israel's 75-year-old history, prompted Israel to invade the Palestinian territory to target Hamas.

Since then, Gaza's Hamas-run government said at least 13,300 Palestinians have been killed, including at least 5,600 children and 3,550 women, by unrelenting Israeli bombardment.

Hamas said on its Telegram account on Monday that it had launched a barrage of missiles towards Tel Aviv. Witnesses also reported rockets being fired at central Israel.

HOSPITALS AT RISK

The Palestinian news agency WAFA said on Tuesday at least 17 Palestinians were killed in Israeli bombing of the Nuseirat camp in central Gaza at midnight.

There was no immediate comment from Israel.

Gaza's health ministry said on Monday that at least 12 Palestinians were killed and dozens wounded by firing into the Indonesian Hospital complex, which was encircled by Israeli tanks.

Health officials said 700 patients along with staff were under Israeli fire.

WAFA said the facility in the northeast Gaza town of Beit Lahia, funded by Indonesian organisations, had been hit by artillery rounds. Hospital staff denied there were any armed militants on the premises.

World Health Organisation chief Tedros Adhanom Ghebreyesus said he was "appalled" by the attack that he too said had killed 12 people, including patients, citing unspecified reports.

The Israeli Defence Forces said troops had fired back at fighters in the hospital while taking "numerous measures to minimise harm" to non-combatants.

Like all other health facilities in the northern half of Gaza, the Indonesian Hospital has largely ceased operations but is still sheltering patients, staff and displaced residents.

Twenty-eight prematurely born babies evacuated from Gaza's biggest hospital, Al Shifa, were taken into Egypt for urgent treatment on Monday.

Israeli forces seized Shifa last week to search for what they said was a tunnel network built by Hamas beneath the hospital. Hundreds of patients, medical staff and displaced people left Shifa at the weekend, with doctors saying they were ejected by troops and Israel saying the departures were voluntary.

AP

RUSSIAN PERSPECTIVE

Ukraine ‘concerned’ by Western push for Russia talks – security chief

The government in Kiev is worried that its Western backers are calling for peace out of an irrational fear of Russia, Aleksey Danilov, the head of Ukraine’s National Security and Defense Council, said on Monday.

Danilov spoke via video link to the annual conference of the Halifax International Security Forum, a Washington, DC-based NGO funded in part by the Canadian government.

“Ukraine is concerned by the fact that discussions among certain partners have intensified regarding the need for negotiations, consultations, meetings with the Russians to discuss the issues of the war in Ukraine, a ceasefire, etc,” Danilov said, according to a transcript posted by his office.

He attributed this to a “rudimentary fear” of Russia and argued that the West should follow Ukraine’s example instead, as Moscow “only understands the language of force.”

According to Danilov, the current conflict is “a struggle between democracy and tyranny,” with the West and Ukraine on one side, and Russia, China, Iran and North Korea on the other. If Russia is not defeated, the world should expect a new “axis of evil” within 15-20 years that would include “some European countries” as well, he insisted. “Ukraine and the Ukrainian people will fight to the end. We are sure of our victory.”

President Vladimir Zelensky’s top security official described Ukraine’s ideal of victory as “controlled decomposition of Russia into several parts”leading not just to “regime change” in Moscow but the “de-sovereignization… denuclearization and demilitarization” of the neighboring country.

Meanwhile, he said, Ukraine needs more Western funding and support to restore its 1991 borders and become an economic powerhouse once more.

“Ukraine has every chance to become a strategic project of the West, which will demonstrate the full power of the vitality of democracy and the defense of universal values,” Danilov insisted. “The West must confirm that it is and remains the First, and a victorious Ukraine will serve as a convincing narrative in the modern confrontation between slavery and freedom!”

Earlier on Monday, US Defense Secretary Lloyd Austin arrived in Kiev to offer moral support for Ukraine, but had no new military assistance to announce. Meanwhile, Treasury Secretary Janet Yellen told the outlet CNBC that Ukraine is “utterly dependent” on US funding to keep paying the salaries of government workers, calling the continued funding of Kiev a “critical priority” for US national security.

Washington has blown through most of the congressionally approved funding for Ukraine and the White House has been trying to pressure Congress to pass more, so far with no effect.

WESTERN PERSPECTIVE

Ukraine says Russian troops focusing on Bakhmut in the east

Ukrainian forces were engaged in containing increasing Russian attacks on Monday around the shattered eastern town of Bakhmut, military officials said.

The officials said Ukraine's troops had also achieved some success after crossing to the east bank of the Dnipro River in southern Kherson region.

Russia has concentrated on Ukraine's eastern regions after failing to move on Kyiv in the early days after the February 2022 invasion. Their progress has been slow.

Ukrainian forces have also made marginal gains in a five-month-old offensive in the east and south.

Moscow's forces seized Bakhmut in eastern Donetsk region in May after months of heavy fighting that left the town in ruins.

Volodymyr Fityo, a spokesperson for Ukrainian ground forces, said Russian troops focused attacks on Klishchiivka, a nearby village on heights retaken by Ukrainian forces in September.

"Russian occupying forces have brought in the necessary reserves and gone on the attack," Fityo told national television.

"Eleven attacks have been repelled in the past 24 hours. The enemy is trying to dislodge our men from defensive positions around Klishchiivka."

Russian accounts said Moscow's forces had beaten back more than 30 Ukrainian attacks in and around Bakhmut in the past week. The Russian Defence Ministry reported more than two dozen attacks near Kupiansk in Ukraine's northeast in a week.

Reuters could not verify accounts from either side.

ASSAULTS ON AVDIIVKA

Fighting in the east has also centred on the equally devastated town of Avdiivka, still in Ukrainian hands 20 months into the war and after more than a month of Russian assaults.

Military analyst Serhiy Zgurets, writing on the Espreso TV media outlet website, said Russian forces were trying to launch a new offensive on the town, known for its vast coking plant.

"To be truthful, enemy's attempts to surround Avdiivka have resulted in significant losses for them," Zgurets wrote.

Maksym Morozov, an Interior Ministry major, told Espreso that recent rains had left the ground soft and unsuitable for enemy equipment near the town, where 1,500 residents remain from a pre-war population of 32,000.

Another military spokesperson, Andriy Kovaliov, said Ukrainian forces had "carried out several successful and effective actions" on the east bank of the Dnipro nearly a week after military officials acknowledged their presence there.

Russian forces were making up to 10 daily attempts to dislodge Ukrainian forces from positions on the eastern bank and were drafting in reserves, he told national television.

Russian troops left the western bank of the river and the region's main city, Kherson, a year ago, but have since been shelling their abandoned positions from areas across the river.

Ukrainian authorities earlier reported that Russian shelling had killed three people and damaged power lines and a gas pipeline in Kherson region and in central Dnipropetrovsk region.

Two drivers were killed when Russian forces shelled a private transport company parking lot in Kherson, regional governor Oleksandr Prokudin said.

A woman was killed and a man injured in a Russian artillery strike on Nikopol, Dnipropetrovsk governor Serhiy Lysak said.

RT/Reuters

In July 1977, the Organisation of African Unity adopted a Convention for the Elimination of Mercenarism in Africa. It offered a definition of a mercenary to include someone who “is motivated to take part in hostilities essentially by the desire for private gain and in fact is promised by or on behalf of a party to the conflict material compensation.” The drafters of the Convention for the Elimination of Mercenarism in Africa probably did not foresee that it would encompass the conduct of judges.

Yet, at the beginning of this month, the immediate past president of the Nigerian Bar Association (NBA), Olumide Akpata, took to the floor of the International Bar Association (IBA) conference in Paris, the capital of France, to invite the association to take an active interest in a new species of judicial subornation in Nigeria, which can best be described as judicial mercenarism.

Carl von Clausewitz, the Prussian General, is credited with the insight that war is the continuation of policy by other means. The converse can also be true: that policy and politics could also be war by other means. Private military contractors, also known as mercenaries, are paid to fight in other people’s wars.

Judicial officers are ordinarily not politicians. So, when they choose to immerse themselves in the theatre of power politics, it is impossible to avoid the conclusion that elements of mercenarism are involved.

This mercenarism can manifest itself in the form of judicial fornication, soliciting, or contumeliousness. Let’s begin with judicial fornication. In his memoir, The Accidental Public Servant, former Minister of the Federal Capital Territory (FCT) and recent governor of Kaduna State, Nasir El-Rufai, recounts that the Chief Judge of the FCT when he became minister, Lawal Hassan Gummi, had preceded him to Barewa College in Zaria. As Minister, he desired “to ensure the judiciary was fully on board with our reform directions.” Although advised by his staff to invite the Chief Judge to a “briefing” with the Minister, El-Rufai exultantly recalls that he overruled them because “our old boys’ protocol trumped all others they may have in the FCT.” So, in obedience to the supreme law of the Barewa Old Boys Association (BOBA), El-Rufai “visited Gummi, met with his team of senior judges and…. prayed for their support.”

The result, El-Rufai further exults, was that “the FCT judiciary supported us strongly throughout my tenure,” and the official pay-off was a ministerial decision “to budget an annual grant to support our judiciary to procure court recording and automation equipment.”

The reader may note two things. One is that in the narration of the Minister, the FCT judiciary became transformed from an institution established to hold a fair balance between different interests in society to one dedicated to servicing the Minister and his FCT administration. The second is that the judiciary thus became – in his telling – part and parcel of the government of the day, to be instrumentalised as the government dared, not an independent institution to hold the government to account. This was judicial fornication at ministerial beck-and-call.

After the publication of this book, some non-governmental organisations under the aegis of the Civil Society Network against Corruption (CSNAC), petitioned against Lawal Gummi to the then Chief Justice of Nigeria (CJN), Aloma Mukhtar, who also chaired the National Judicial Council (NJC). In response, the CJN issued a disciplinary query to the Chief Judge of the FCT, “seeking explanation over an annual grant made to the FCT judiciary by the FCT administration during Nasir El Rufai’s administration.” Reluctant to be dragged through the process, Lawal Gummi took early retirement and promptly got translated to the stool of the Gummi Emirate in Zamfara State. 

One decade later, the current successor to the seat of the Chief Judge of the FCT, Husseini Baba-Yusuf, preferred to take matters a notch higher by showcasing his skills in judicial soliciting. Rather than have the Minister pay him a visit, the Chief Judge went to promenade for the Minister of the FCT instead, and took the opportunity to show off his plumes. Assuming the role of a judicial vuvuzela, he began by hailing the Minister as having “exceeded the level that people had thought you would perform”, before reminding him that “as the judiciary, we are part of the government and we expect that we should be able to do things that will make government work.”

In claiming that the judiciary is “part of the government,” the Chief Judge was fully aware that he was inviting the Minister into an intimate transaction.

So, the Chief Judge let it be known that he had issued directions to the judges under him that “all cases involving the FCT will only be assigned by the Chief Judge….” A suitably tingled Minister of the FCT happily nodded “thank you”, while the judges and sundry hangers-on accompanying the Chief Judge clapped uproariously in full expectation of full-on consummation.

While the conduct and verbiage of the current Chief Judge were even more egregious than those of his durable predecessor from one decade ago, few expect him to suffer anything like the consequences that followed the revelations in The Accidental Public Servant. The reason is because these days judicial mercenarism occurs in the full glare of the records.

Judicial decision making is ordinarily deliberative and its language, even in the pen or keyboard of the colourful, is usually clothed with dignity. These days, however, some judges in Nigeria are not shy about announcing which political side has penetrated their judicial orifices. They are not merely contumelious but choose to advertise it.

When it decided to nullify the election of Governor Ademola Adeleke of Osun State earlier in the year, for instance, T.A. Kume, who sat as part of the Governorship Election Petition Tribunal, relied on the high authority of Kizz Daniel’s popular single, Buga, to hold that Adeleke “cannot ‘go lo lo lo lo’ and ‘buga won’ as the duly elected governor of Osun State.

In the Kano State governorship election petition decided last September, Benson Anya, a judge on the tribunal, went one further. Relying on matters that were never in evidence or in dispute before the Tribunal, he describedone side to the case as “bandits in politics” and decided “to condemn the gang of Red Cap wearers (a reference to the supporters of the second respondent in the case) who, like a violent and terrorist cult, chased us out of Kano and put us in the fear of our lives. We believe that only Allah is the giver of power. Those who believe in Allah must bow to his (sic) will and submit to the authority of Governmental (sic) power.”

For the avoidance of doubt, the author of this insightful theological distraction is a Christian from Abia State in South-East Nigeria and no question about Allah or His supremacy was even remotely in contention in the case. It did not require any imagination to understand that the god under reference by Benson Anya existed entirely in his head, probably from vanities he harboured about the finality of the judicial vote in determining election outcomes.

It is no surprise that this kind of thing only happens in political and election disputes, where politicians chase judges with money and induce open trades in the outcome of judicial proceedings. This is why judicial mercenarism is often accompanied by unconcealed hubris. Just this past week, Yargata Nimpar, a Justice of Appeal, informed the appellants in the judicial contest over the governorship of Lagos State that they “came empty-handed and left empty-handed. They merely enjoyed their day in court.”

The courts no longer even pretend to tether their pronouncements to any sense of principle, precedent or proportion. To use an expression originated by our neighbours in Cameroon, judicial mercenarism now manifests itself in an open jurisprudence of “buy am; sell am.”

Over the years of educating parents, teachers and caregivers about early childhood development, we've received many questions about how to raiseemotionally intelligent kids.

Kids with high emotional intelligence have the tools they need to navigate their feelings and relationships in a healthy and secure way. Key components include self-awareness, self-regulation and motivation. But surprisingly, the most overlooked one is empathy.

Parents of the most emotionally intelligent children lead by example — and teach their kids four empathy skills at a young age:

1. How to take on different perspectives

Perspective taking does not mean having the same experience as someone else or deciding whether their experience is real.

When a child is pulling at their shirt and saying, "It's scratchy, I don't like it. I want a different shirt," we can model perspective taking by believing that their experience is true: "That shirt feels uncomfortable for you, and you want to change it."

It's not the parent's job to convince them that the shirt is perfectly comfortable and remind them that they've worn it before. It's their job to step outside of themselves and be a witness to their child's experience.

2. How to avoid judgement

This means practicing mindfulness of our biases and self-regulating so that we can see the child's experience without a biased lens.

So instead of responding with, "You don't need to be so upset. It's just a shirt. We can fix this," avoiding judgment is simply noticing what is: "You are really upset that it's so uncomfortable."

3. How to recognize emotions

Recognizing emotions is connecting with what your child is feeling, not whythey're feeling it.

So when your child comes to you upset, take a moment to articulate out loud what they are feeling. "Wow, you are disappointed, that's really tough."

Then recall and share a time when you dealt with the emotion they're expressing, so you can connect with them about how it feels.

This teaches them that if they know what disappointment feels like, they can choose to empathize with that feeling, regardless of the reason why someone else is feeling it.

4. How to communicate understanding

Communicating our understanding about the emotions is when connecting happens, when we have the opportunity to say: "I see you. I get it. That's so hard. Ugh, yeah, I understand that."

For example, you tell best friend: "I've been so tired the last couple of nights that the thought of us meeting for dinner tomorrow night feels exhausting. But I know we haven't seen each other in such a long time."

Good communicating of understanding from your friend might look like: "I get how exhausting that feels. Especially today looking at tomorrow." This is nice because she's not trying to convince you or minimize your experience. She's being present to your pain because she is really listening.

When your child sees you do this for people you care about, they absorb the valuable lesson of how to be a better friend and community member.

The secret to teaching empathy is to show it

Just as we build self-regulation skills by co-regulating with a child, we teach emotional intelligence by responding to children with empathy.

Connect with your child and imagine what the message underneath their behavior might be. Trust that they are kind humans and allow them to make mistakes. When you do this, you teach them that your love for them is conditional.

And lastly, remember to pause to say "I love you." It's impossible to spoil kids with love. We promise that you can never say those words too much.

** Alyssa Blask Campbell is a parenting and emotional development expert.

CNBC

Criticisms have trailed the sacking of Governor Caleb Mutfwang of Plateau State by the Court of Appeal, triggering reactions that the ruling All Progressives Congress (APC) was at work to run one-party system in Nigeria.

The sacking of Mutfwang was the third experience of the opposition in four days.

Last week, Iliya Damagum, Acting National Chairman of the Peoples Democratic Party (PDP), raised the alarm that there was a plot to overturn the will of the people as expressed during the general elections.

Addressing a press conference at the party headquarters, Damagum alleged that there was a design by the APC to “cripple democracy, overthrow the democratic rights of Nigerians, suppress the Rule of Law and downgrade our nation to a fiefdom run by the whims of a cabal.”

Mutfwang of the PDP had 525,299 votes while his APC challenger, Nentawe Goshwe, polled 481,370 votes in the governorship election in March.

Goshwe challenged the victory at the tribunal saying that Mutfwang did not comply with the Electoral Act as he was not validly nominated and sponsored by his party.

The panel dismissed the petition for lacking merit, but Goshwe headed to the appellate court. In its judgment on Sunday, the appeal court headed by Elfrieda Williams-Dawodu sacked Mutfwang for not being validly sponsored by the PDP for election.

On Thursday, the appeal court sacked Governor Dauda Lawal of Zamfara State of PDP, declaring that the governorship election in March was inconclusive.

The following day, the same court nullified the election of the Kano State Governor, Abba Kabir Yusuf of the New Nigeria Peoples Party (NNPP).

These recent court rulings leading to the sacking of opposition governors have gotten Nigerians talking as they pointed to the APC as the mastermind.

Here are some of the reactions on Twitter:

Shehu Sani, a former senator, wrote: “The Court of Appeal Judgement against the electoral victory of the Plateau State Governor is unfortunate, unacceptable and condemnable. A broad daylight heist of the will of the people.The bench is becoming the coffin of democracy.”

@Rabsy_b: “APC can take over all the 36 states if they want ”

@authentic_malam: “It’s natural to question court rulings. I wonder why all our court verdicts seem to favor the APC, the ruling party, against the opposition. This trend could potentially harm the country’s political process. ”

@MikelegofGod wrote, “APC at work oo, they wanna turn Nigeria into a one-party system.”

ÄPC has turned Nigeria into something different o,” @Okey_Ego_Crypto wrote.

“APC-owned court sacks Plateau governor,” @Mary_dozie reacted.

“They are gradually sinking this country,” @ErcharuP lamented.

In his own reaction, @JayPeeGeneral said, “No justice in the courtrooms system anymore! Our judges have replaced susbstantail justice with technicalities.

“Court sits on Sundays,” @CheezyCharles queried.

“Miscarriage of justice, there is no law left in Nigeria anymore,” @EnergizeBen said.

@timibreaker_35 said, “APC came to finish Nigeria.”

@TheoAbuAgada: “APC should actually take it easy. It’s becoming annoying at this point.”

@Its_ereko: “Dem go still remove Governors for different states put APC. Mad money dey fly for Nigerian judges account this period. But Nigerians no go wake up ???? ”

@YundNedu∅1: “APC is just clearing everywhere with the help of our judiciary. Any small thing “go to court ” because they already have the judiciary on their payroll….”

@leroikris: “It is now glaring that Nigeria is an APC captured state.”

@Pauly257∅: “They have decided to snatch Plateau and allocate it to themselves. APC Department in charge of political allocation and distribution.”

@iam_samedohi: “America wonder. Nigeria is fast becoming a one-party country ????‍♂️????‍♂️????‍♂️”

Daily Trust

African governments are scrambling for dollars, and that’s creating a new dividing line for investors.

Amid a deepening shortage of hard currency on the continent, governments are turning to bartering, currency devaluations, central bank exchange controls, and help from the International Monetary Fund andMiddle East to shore up their balance sheets.

Investors are rewarding nations whose efforts to boost dollar liquidity are paying off. But they’re punishing those that can’t guarantee access to the currency they need to invest and repatriate returns, and are steering clear of countries without adequate reserves to cover import costs or debt repayments. African currencies are the worst performers in the world this year, with about a dozen sliding at least 15% against the dollar.

“Dollar holdings are part of the value proposition,” said Benedict Craven, country risk manager at the Economist Intelligence Unit. “Will investors be able to trade using foreign exchange from official sources? Will they be able to expatriate their dividends abroad? These questions are separating where investment is going.”

The dollar squeeze has played out most obviously in local currencies. Eurobond issuers who were forced to devalue this year include Egypt, Nigeria and Angola. Dwindling capital inflows have also seen the likes of Kenya’s shilling and Zambia’s kwacha weaken to record lows versus the greenback. The former has sizable dollar-debt repayments due next year, while the latter is in default on its eurobonds.

Kenya’s dollar bonds have handed investors losses of 2.1% since the beginning of July, when US Treasury rates started rising as the “higher-for-longer” interest-rate narrative took hold. That compares with the 1.7% average loss for emerging and frontier peers in a Bloomberg sovereign dollar bond index. Nairobi’s benchmark stock index has slumped 32% in 2023, the most among 92 global markets tracked by Bloomberg, while the shilling has declined 19%.

In Zambia, Mozambique and Nigeria, the inability to access foreign financing has forced governments to ramp up domestic issuance in shallow markets, pushing up the cost of borrowing. African sovereigns have been locked out of international debt capital markets since April 2022.

Nigeria’s longest-dated naira bond is trading at a record 18% yield. But higher domestic yields aren’t attracting foreign buyers, who worry about depreciating local currencies and difficulties in repatriating returns. In Zambia, for example, foreign holdings of domestic debt fell from 29% at the end of 2021 to around 22% currently, partly due to the restructuring process as well as liquidity issues.

IMF Rescue

In some cases, the IMF is coming to the rescue. It said last week it will expand financing to Kenya by $938 million to bolster its reserves, ahead of a $2 billion eurobond maturity in June. That sent yields on the 2024 notes tumbling almost 200 basis points in four days through Friday — though they remain well above 14%.

“The general perception is when a country trades above 10% in USD yields they are not able to issue in the USD market,” said Lars Krabbe, a portfolio manager at Coeli Frontier Markets AB. “This is of course not good for the general investment environment and debt sustainability in these countries and makes them highly dependent on concessional funding” such as IMF loans, he said.

On the other hand, countries with less pressing foreign-exchange needs are becoming more appealing.

“Countries with less punishing dollar-denominated loan amounts and bond repayments, and large stocks of foreign reserves, are most attractive,” said David Omojomolo, Africa economist at Capital Economics. “And more so those that have made large FX adjustments already.”

Egypt is one. Citigroup Inc. strategists were the latest to turn bullish on the North African nation’s dollar debt, as sales of state assets pick up and the government appears on track to meet targets set by the IMF. The central bank is close to securing as much as $5 billion in new deposits from Saudi Arabia and the United Arab Emirates, al-Borsa reported last month.

Egypt’s eurobonds have handed investors returns of 8.7% in the second half of this year in dollar terms, compared to a loss for the average developing-nation peers in a Bloomberg sovereign credit index.

For Kaan Nazli, portfolio manager at Neuberger Berman Asset Management, investors are likely to prioritize sovereign issuers that had better access to alternative sources of financing, such as Ivory Coast and Senegal.

“Ivory Coast, for example, was able to rely on blended finance deals at reasonable cost over the last year,” he said.

The West African nation also secured an IMF loan, while its currency, the CFA franc, is pegged to the euro, leaving it less exposed to fluctuations. Regional peer Senegal is attracting investments to public-private partnerships in climate finance.

Losses in both Senegal and Ivory Coast’s eurobonds have been less severe than Kenya’s and narrower than the average since July. Month-to-date, their performance has exceeded peers.

Meanwhile, the dollar shortage is also hurting consumers and local businesses as import costs soar, fueling inflation.

In Nigeria, prices of prescription drugs for conditions such as hypertension and diabetes have tripled in the past year. One of Zimbabwe’s biggest retailers, OK Zimbabwe, said sales volumes are now below break-even point due to rising costs and an exchange rate which has driven customers to the informal sector. And in Malawi, the price of corn, a food staple, has more than doubled over the past year.

“The problem is there’s only so much you can do if you don’t have a vast trove of dollar reserves,” said Sonu Varghese, global macro strategist at Carson Group. “For investors, the risk that these countries remain on the verge of crisis hasn’t gone away.”