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http://ift.tt/2sFvH5r Muda Yusuf, LCCI Boss. The organised private sector (OPS) has urged the Federal Government to address the concerns arising from the crisis in order to avoid a reversal of gains recorded by the fragile economy. The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, condemned the act, noting that the development could undermine the unity of the country. “When we have this kind of threat, it affects ease of doing business in the country. You cannot do business in an environment that is not safe. It undermines investors’ confidence in the economy, be it local or foreign. It creates ethnic tension in the country,” he said.   To the president, Abia Think-Tank Association and Council Member, Alaigbo Development Foundation (ADF), Mazi Sam Ohuabunwa, government should heed calls for restructuring of the federation with a view to addressing the numerous grievances in the land.   “It is a bit surprising to see that kind...

http://ift.tt/2oGRzfb SEC, in a circular on Monday, said it plans to revoke the registration of about 400 capital market experts that fail to comply with its directive to provide updated information of their firms by July 31st. Capital market stakeholders have expressed divergent views on the threats by the Securities and Exchange Commission (SEC), equities market regulator, to revoke the registration of about 400 market experts that failed to provide companies information latest by July 31st.     While some argued that their exit from the market will not have any negative effect but would restore sanity in the market considering the obstacles their non-compliance have caused, others insisted that any step taken to blacklist or suspend any firm at this point in time when the market is experiencing a gradual recovery. This, they argued, would send a wrong signal to both local and foreign investors. SEC, in a circular on Monday, said it plans to revoke the registrati...

http://ift.tt/2sFoAtz Travis Kalanick.<br />Photographer: Udit Kulshrestha/Bloomberg Uber Technologies Inc. Chief Executive Officer Travis Kalanick and his deputy Emil Michael over the years entertained a peculiar theory: They suggested to colleagues that their Indian competitor may have framed Uber for a headline-grabbing rape in India, according to people familiar with the matter. In early December 2014, an Uber driver took a woman to an isolated area and raped her, a Delhi court found. Shiv Kumar Yadav, the Uber driver, was convicted in October 2015 for rape and kidnapping. The case became a focal point for the debate over the safety of a new class of services provided by the San Francisco company. In late 2014, ride-hailing apps were temporarily banned in Delhi. Kalanick and Michael discussed the case periodically at the time. One of Michael’s top deputies, Eric Alexander, told several people about going to great lengths to investigate it. He had obtained a copy of the ...

http://ift.tt/eA8V8J By Olayinka Latona L AGOS State chapter of the Christian Association of Nigeria, CAN, has blamed inadequate leadership training for the nation’s socio-political challenges. Chairman of the state CAN, Apostle Alexander Bamgbola said this while addressing participants at a Leadership Workshop for State and Local Government Christian Leaders in Lagos. Bamgbola expressed dismay over the absence of training and retraining programmes in several sectors of the nation which, he said, had over the years undermined Nigeria’s development. Delivering his paper titled: “Stewardship in Christian Leadership”, the cleric said the need for workshops for political and religious leaders could not be over-emphasized as the country is in dire need of faithful, committed, knowledgeable and visionary leaders who will take the country to its promised land. Bamgbola also urged Christian clerics to understand that as stewards, they must use the resources entrusted to them to give bet...