Author: TheLagosianMagazine

Axel Zein promotes a new way we manage businesses today: think of business as a sport. In sports, the team is decisive; the team with the best players usually wins. And sports are fun. So what qualifies a manager to be the perfect coach for his team? Who is doing the work in a normal company? It is not the CEO, not the managers but the engineers, the guys on the shop floor and the sales reps. They are the players on the ield. A manager is supposed to be their coach. But we are not educated to be coaches.…

The National Bureau of Statistics (NBS) has said foreign trade recorded the fourth consecutive rise from N16.29 trillion in 2015 to N32.26 trillion in 2018. The NBS said this in its “Foreign Trade in Goods Statistics for Fourth Quarter of 2018” posted on its website. The bureau said foreign trade in 2015 was N16.29 trillion, N17.34 trillion in 2016, N23.16 trillion in 2017 and it rose to N32.26 trillion in 2018. The bureau said the volume of total merchandise trade in 2018 was the highest recorded since 2014, almost doubling pre-recession levels. Meanwhile, the bureau said during the fourth quarter…

Canadian authorities have cleared the way for a hearing to extradite Huawei’s chief financial officer to the United States. Justice officials in Canada on Friday issued an authority for the case involving Meng Wanzhou to proceed, setting the stage for another court appearance Wednesday. The announcement had been expected. Meng was arrested last December in Canada at the request of the United States, which claimed she helped the Chinese telecom company circumvent US sanctions in Iran. She was released in Canada on bail of 10 million Canadian dollars ($7.5 million US). She will appear in court again Wednesday in Vancouver,…

Speaking during the victory dinner organized by his wife at the State House Conference Center on Saturday, President Muhammadu Buhari promised to engage more women and youths in his second tenure. He said he recognizes the significant role they played during his campaign and the election proper. According to him, his victory shows the confidence of Nigerians in his promise to consolidate on the change that his government embarked upon, as idealized by the next level campaign. He promised to use the next four years to conclude what he had started. Miss Buhari expressed delight at the overwhelming confidence reposed in President Buhari…

One of the major crude oil transportation channels used for export has been shut down. This is a big blow to Nigeria’s crude exports. The Nembe Creek Trunk Line, which is 100 kilometers long and has a capacity of 150,000 barrels per day. The Line evacuates crude to the Bonny Crude Oil Terminal. Aiteo Eastern Exploration and Production Company, the operator of the trunk line, said on Sunday that a suspected explosion occurred on Saturday within the vicinity of Nembe Creek Well 7, behind Mile 1 Community in Bayelsa State, near the Nembe field logistics base. The company said despite…

The lifeless body of an Uber driver based in Lagos, who was declared missing by his wife in December 2018, has been found in a lagoon in Lagos State. According to Adeola Tade, the wife of the deceased (Adekunle Tade), the deceased had his car snatched by armed robbers at gunpoint along Ikeja airport road in December. Adekunle was said to have reported the case at the Police station nearest to the robbery scene. He was detained and tortured after he and his friend went to report the incident to the owner of the stolen vehicle, Mrs. Andry Nwokedi. His family never…

She posted the funny video on her twitter page: @TeniEntertainer

In Kenya, mobile money is almost synonymous with Safaricom’s M-Pesa. With more than 110,000 M-Pesa agents in the country, the telecom has about 40 times the number of bank ATMs. Although it’s not the only option, competing services like Equitel Money, Airtel Money, Mobile Pay and T-Kash are far behind the mobile money pioneer. In the third quarter of 2018, Airtel Money had the second highest number of active mobile money subscribers after M-Pesa, but with a meagre 3.4 million subscribers compared to M-Pesa’s 24.2 million. When Kenya’s leading telco Safaricom introduced M-Pesa in 2007, it started out as a simple transfer service…

The national working committee, NWC,  of the All Progressives Congress, APC,  has suspended the governors of Ogun and Imo states, Ibikunle Amosun and Rochas Okorocha over anti-party activities. APC took the decision at its National Working Committee meeting held on Friday in Abuja. The NWC of the party further recommended the expulsion of the duo from the party for brazen anti-party activities. Both governors are supporting different candidates for the governorship election in their states. Okorocha, who won a Senate seat as APC candidate, is backing his son-in-law, Uche Nwosu campaigning for Imo governor as the candidate of Action Alliance. Amosun,…