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Showing posts with the label 2017 at 04:56AM

Experts identify employee engagement as key to productivity

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http://ift.tt/2smxL5c Keynote speaker, Principal Partner, Phillips Consulting Limited, Foluso Phillips said organisations could improve productivity of their employees by driving engagement, commitment and motivation.  Employee engagement in any organisation is key to staff effectiveness, productivity, optimal performance and the sustainability of every business. This was the submission of experts at a breakfast seminar organised for human resources managers by Stanbic IBTC Bank Plc, with the theme: “Increasing Employee Productivity Through Engagement,” held in Lagos recently. Keynote speaker, Principal Partner, Phillips Consulting Limited, Foluso Phillips said organisations could improve productivity of their employees by driving engagement, commitment and motivation. He identified some key drivers of engagement to include career opportunity, organisation reputation, pay package, brand alignment, innovation, recognition or reward, as well as people and human resources ...

Governors, brand your states! – Part 3

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http://ift.tt/2qJs9A6 We must collectively raise the bar and insist on very high standards of leadership. And to those planning to get into public office, if your predecessor’s shoes are too big for you please, for posterity’s sake, step aside. A couple of years ago, I went to Ado Ekiti for the burial of a friend’s mum. The friendship goes way back to our days in boarding school in Ikere Ekiti more than 35 years ago. Back then, Ekiti was part of Ondo State. After the burial ceremonies in Ado Ekiti, we decided to drive to our school in Ikere Ekiti, just a ten minute drive away. We wanted to see our school again after more than three decades. When we drove into the school, we spent the first ten minutes wondering whether we had missed our way. We were beyond shocked at the state of the school. One of the guards on duty conducted us round what used to be a well laid out beautifully landscaped learning environment. We were too sad to even cry, seeing what had become of our once beautif...

Court awards N36million to company over wrongful closure

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http://ift.tt/2poABSo This include the sum of N30 million value of the Specialized Ethical drugs carted away, N5, 530,000 being the value of expired drugs during the closure of the Plaintiff’s premises and N1million for general damages. A Federal High Court, Lagos has ordered that the sum of N36million be paid to a pharmaceutical company for wrongful closure of company premises. This include the sum of N30million value of the Specialized Ethical drugs carted away, N5, 530,000 being the value of expired drugs during the closure of the Plaintiff’s premises and N1million for general damages. The decision was in respect of the suit between Edichart Investment Ltd and the Pharmacist Council of Nigeria, Lagos State Task Force on Counterfeit, Fake Drugs and Unwholesome processed Food and others. The Plaintiffs, Edichart Investment Ltd, Mr. Samuel Edih and Pharm. Alexander Ani Eton had approached the court to declare the action of the defendants as illegal, unconstitu...

45-yr-old man docked over N8.5m fraud

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http://ift.tt/eA8V8J By Onozure Dania T he Police Special Fraud Unit, SFU, yesterday, charged a 45-year-old man, Adeleke Isiaka, before a Federal High Court in Lagos over N8.5 million fraud. The accused is standing trial on a three-count charge of conspiracy, obtaining money by false pretence and stealing. He pleaded not guilty to the charges. The prosecutor, Mr. Sylvester Azubuike, told the court that the accused committed the offence sometimes in March 2013, at Abdul Oladejo Avenue, Mokore Town Wawa Bus Stop, off Lagos-Ibadan Expressway. He alleged that the accused obtained 50,000 dollars (N8.5 million) from one Ismail Abdul, adding that the money was obtained by inducement under false pretence of praying for Allah’s blessings on the money, to enable the complainant purchase two trucks and for business to be free from all encumbrances. According to Azubuike, the accused bolted with the sum. The offence is said to have contravened the provisions of Sections 1(1) (a), and 8(a) ...

Regulators should be enhancers rather than killers of businesses, says Dozie

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http://ift.tt/2smTQ3s President, Board of the Society of Corporate Governance of Nigeria (SCGN) and distinguished administrator, Mr. Pascal Dozie. Although, Corporate Governance is meant to facilitate effective, entrepreneurial and prudent management that can lead to long-term success of a company, many Nigerian organisations have shied away from adopting good and acceptable best practices. In this interview with BERTRAM NWANNEKANMA, President, Board of the Society of Corporate Governance of Nigeria (SCGN) and distinguished administrator, Mr. Pascal Dozie, gives an insight into how regulatory environment affects adherence to best corporate governance practice. Excerpts: Non-adherence to good and acceptable corporate governance practices in some of the institutions in the financial services sector have been a major problem in Nigeria. What do you consider as the reason for this? That is a very good question. When you hear of corporate governance, you think of regulations. That is ...

Does FCT High Court have jurisdiction over Malabu charges?

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http://ift.tt/2qH6Cpi Federal High Court – and not the High Court of the FCT – is the proper forum to pursue the second set of charges. At the last count, the Economic and Financial Crimes Commission (EFCC) had filed at least two sets of criminal charges in connection with the allegedly corrupt disposal by the Federal Government and/or Malabu Oil and Gas Co. Ltd. of Oil Prospecting License (OPL) 245 to Shell Nigeria Exploration and Production Co. Ltd. (SNEPCO) and Messrs. ENI/AGIP for the sum of N1.1 billion. The first set, filed on the 20th day of December, 2016 charged the defendants with fraud-related money-laundering under the Money Laundering (Prohibition) Act 2011 as amended in 2012. The second set of charges filed on the 20th day of February 2017, alleged conspiracy and official corruption against the defendants contrary to the Corrupt Practices and other Related Offences Act 2000. Whilst the first sets were filed at the Federal High Court, the second set, with Charge No. C...

UACN’s purchase of Lekki property voided

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http://ift.tt/2smF0KB The court also awarded N20 million general damages against the 1st defendant (UACN) for depriving the claimants of the peaceful and quiet enjoyment of the property as well as N300, 000 cost. A Lagos High Court, Ikeja has nullified the sale of a parcel of land in Lekki, Lagos to UACN Property Development Company Plc by Knight Rook Limited. Justice Abisoye Bashua declared the sale null and void, in his judgment, following a legal action filed against the two defendants by Grant Properties Limited and Fibigboye Estates Limited over the rightful owner of the contested property. The court also awarded N20 million general damages against the 1st defendant (UACN) for depriving the claimants of the peaceful and quiet enjoyment of the property as well as N300, 000 cost. In his decision, the judge declared that: “The deed of assignment assigning 2.4321 hectares of land within Igbokushu village, Eti-Osa local government area, Lagos within the Victory Park Estate ...

StarTimes launches subscription promo

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http://ift.tt/2sWeXqo As part of efforts to reward its numerous and loyal subscribers in Nigeria, Pay TV company, StarTimes, has launched a reward programme that would allow a customer pay two months subscription and have two weeks free. While speaking on the promotion, Acting Brands and Marketing Director, StarTimes, Mr. Qasim Elegbede, said the promotion tagged, “Pay for two months get two weeks free” has already started and would be on through July 31. He explained that subscribers could recharge for two months across any bouquet on all decoder types (product) and enjoy for free two weeks of uninterrupted access to their bouquet plan. “Subscribers can recharge for four months and get free four weeks’ viewing time,” Elegbede added. “All subscribers using our decoder or Real Digital TV can participate in this promo.” Elegbede noted that StarTimes aggregates various exciting and top-notch channels on its platform to offer millions of digital TV subscribers a ric...

A party’s desperation for credibility and validation

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http://ift.tt/eA8V8J By Nosa Omorodion O SAKUE Aiyevbekpen’s article in the Vanguard of 19th May titled: Edo Guber Appeal: A dance with decomposing carcass,  is, to say the least, a reflection of the desperation of the All Progressives Congress, APC, to force credibility on the otherwise incredible and weird judgment of the 2016 Edo State Governorship Tribunal which was delivered in favour of the APC and its candidate Mr. Godwin Obaseki but which the petitioners, Pastor Osagie Ize-Iyamu and the PDP have appealed at the Court of Appeal. The appeal is founded on 41 solid grounds allegedly for falling short of judicial principles, precedent and the colour of justice. This is a judgment that the immediate past governor of Edo State and godfather of Godwin Obaseki, Comrade Adams Oshiomhole had gleefully but shockingly described as a “Mama Akara Judgment – a qualification that has become very controversial as the definitions given by the Tribunal Chairman Justice Ahmed Badamasi in ar...

Biafra 50 years after: Igbo leaders lament continued marginalisation

NPA to liberalise free trade zones in Nigeria

DELSU ASUU chair alleges plot by cabal to frustrate his administration

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http://ift.tt/eA8V8J By Festus Ahon, ASABA CHAIRMAN of Delta State University chapter of the Academic Staff Union of Universities, ASUU, Prof Abel Diakparomre, yesterday  alleged that the National Executive Committee, NEC of the union was being used by a cabal in the University to frustrate his administration. Addressing a news conference in Abraka on the alleged closure of the Senior Staff club of the University, Diakparomre said some NEC came for a meeting in the University campus without adequate adequate notice, saying “I received sms text from Prof. Tony Monye-Emina, Coordinator, ASUU Benin Zone on Sunday 14th that ASUU National Visitation Team will be in Delsu tomorrow (Monday 15th). “And I replied ‘Unfortunately, I am out of town on an ASUU-DELSU official assignment in my capacity as Chairman. Unfortunately too, this notice is again very impromptu. I will suggest that sufficient notice should be given in future. “All through Monday, May 15, 2017, I continued to receive ...

Ben Obumselu: Tribute to a great scholar

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http://ift.tt/2qKp0Ah Obumselu The Igbo say that igwenilejekon’uzu (that every piece of iron is destined for the smithy). And so, it became the turn or time for our great Prof. Ben Obumselu to answer the call; to join his ancestors as it were. Prof. Obumselu passed on Saturday, March 4, 2017 in Lagos, at 86. We salute the great man and bid him farewell and a smooth journey to the land of the golden light. Of course even in this exercise, a little review of his sojourn in this earthly plain is inescapable. Virtually all the tributes to the great Professor that I have come across speak volumes about his literary genius but also about his keen interest in public affairs and deep commitment in the search for the political wellbeing of the country, in general, and his Igbo people, in particular. The Prof. once told me that every normal person ought to channel at least five per cent (5%) of his or her earthly earnings to the search for healthy political development of whatever environme...

The ban on vehicle inspection service on Lagos roads

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http://ift.tt/2qKbZ9M VIO Sir: Following Governor Akinwunmi Ambode’s announcement of the ban of Vehicle Inspection Service officials (VIS) from Lagos roads at the public commissioning of the Ojodu Berger bus stop pedestrian bridges, a lay-by and a slip road some days ago, the public space has been awash with divergent comments on the propriety or otherwise of the government’s decision. However, one must admit that the voices that have been applauding the government’s decision seem to be in the lead in view of the perception and complaints against the VIO as being high-handed, uncivil, engaged in extortion, arbitrary impoundment and fines, etc. But in announcing the ban on VIO from the roads, Ambode didn’t corroborate the complaints, but rather harped on the need of his government to employ modern technology rather than manual efforts in carrying out the responsibilities of tracking and monitoring vehicle registration and certification in line with global best practices. For...

What exactly is chidren’s day in Nigeria?

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http://ift.tt/2rIktM1 Children's Day is recognized on various days in many places around the world. It celebrates children globally. Ever since I was a child, when I hear someone say, ‘Happy Birthday,’ I know that someone is being celebrated, because they are a year older. So, when I hear ‘Happy Anniversary’, I then figured out that it usually means something that involves more than one person celebrating something special. This could be like a wedding anniversary, like that of my grandparents. They have been married for 53 years, so, I understand it. But when I hear ‘Happy Children’s Day’, at first, it seems like I understand it. Then I ask: What exactly is Children’s day? I am asking because children are born every day of the year, just like I was born. So, I asked myself, why is there one day that people choose to celebrate Children’s day? When its someone’s birthday, there is always some kind of celebration; like a small party and your friends come around. Then if it’s a ...

S&P assigns ‘B/B’ ratings, stable outlook on UBA

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http://ift.tt/2oS3Gt0 United Bank for Africa International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). These ratings on the pan African financial institution, United Bank for Africa (UBA) Plc, are at par with S&P ratings on the Nigerian Sovereign. More so, S&P’s ‘B’ rating is the highest rating currently assigned to any Nigerian-based financial institution, thus reinforcing the respectable quality and strength of UBA, the third largest Nigerian-based bank by assets, deposits and profits. The rating agency noted that UBA’s market position is supported by its good franchise in the corporate and retail segments in Nigeria as well as geographic diversification, with operations in nineteen African countries (Nigeria inclusive). UBA is the only West-African bank with operations in the United States, in addition to its presence in the United Kin...

The smokescreen

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http://ift.tt/2rxGi1N Vía The Guardian Nigeria Newspaper | Nigeria News and World News http://ift.tt/2rkIsEp

Air Peace awards N300m grant, special fares to students

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http://ift.tt/2qY0yfI Chairman/Chief Executive Officer of Air Peace, Allen Onyema (middle), Senate President of the National Association of Nigerian Students (NANS), Salam Oyejide (3rd left), other executive members of NANS and the Grand Patron of the association in Akwa Ibom State, Ubong King (3rd right) placing their hands on Air Peace’s model aircraft to symbolise their endorsement of the airline as the official carrier of Nigerian students during their visit to the corporate headquarters of the airline in Lagos Chief Executive Officer of Air Peace, Allen Onyema, has announced a package of over N300 million to train 52 executive members of the National Association Nigerian Students (NANS) in non-violence education in Nigeria and at Emory University in the United States. Onyema broke the news when the Grand Patron of NANS in Akwa Ibom State, Ubong King, and leaders of the students’ body visited the corporate headquarters of Air Peace in Lagos recently. The airline, he added, wo...

The road we should not have taken

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http://ift.tt/2rxcX7B When life in the present tense becomes difficult or outright a hard scrabble, it is both easy and tempting to wallow in the somnolence of nostalgia. And romanticise the past as the golden period of our national history. But it is difficult not to look back against the advice of the late Lt-Col Emeka Odumegwu Ojukwu who said that if the almighty wanted us to look back, it would not have been beyond him to provide us with a pair of eyes in the back of our heads. This from an Oxford trained historian. The business of history is to hold the mirror to the present tense of life and force us to see the footprints of the doers and thinkers who were here and who are, God being so kind, now lapping it up in the luxuries of the Eternal City up in the clouds. We must look into the past, not as a mirror but as a source of inspiration as we negotiate the tortuous bends of the paradigms of development. However, our willingness or even our capacity to peep into the past runs ...

‘How religious intolerance hinders societal growth’

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http://ift.tt/2qYcMVx Dr. Idiat Adebule The failure to tolerate one another religious beliefs and ethics has caused the nation its social peace and security with many innocent souls gruesomely murdered in the name of religious crisis. The Deputy Governor of Lagos State, Dr. Idiat Oluranti Adebule, who disclosed this at the 101st yearly conference of the Anwar-ul Islam Movement of Nigeria, urged Muslims and non-Muslims to be tolerant, while warning them to desist from religious extremism. Adebule, who was represented by Alhaja Fatimah Yewande Oyefeso, said religious intolerance ensued as a result of provocative statement. She, therefore, enjoined Nigerians to desist from such utterances. “We should all have it in mind that any country engaging in religious intolerance cannot move forward. It creates set back and war in the country. So, everybody should be careful with their utterances”. She further urged Nigerians to tolerate one another because Nigeria is multi-religio...