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Nigeria says working hard to resolve gasoline crisis

In a chat with Nigerians from all walks of life on Sunday evening during the stopover, the Vice President noted that the Federal Government was moving as quickly as it could to solve the fuel crisis and reduce the difficulties Nigerians were facing as a result.

How Jonathan’s officials, cousin shared 27bln proceeds of PHCN sale -EFCC

The Economic and Financial Crimes Commission (EFCC) has narrated how top government officials under the administration of former president Goodluck Jonathan shared 27 billion, part of the proceeds of the sale of Power Holding Company of Nigeria (PHCN) in 2014.

- Nigeria unemployment rate climbs up

Four out of every ten people in Nigeria's workforce were unemployed or underemployed by the end of September, National Bureau of Statistics (NBS) said on Friday.

Why is Jerusalem important, what makes Donald Trump's intervention so toxic

What is the status of Jerusalem? Israel set up its parliament in West Jerusalem when the state of Israel was proclaimed in 1948. The move followed the United Nations’ vote to partition Palestine on the basis of the British pledge known as the Balfour Declaration that paved the way for a homeland for the Jewish people.

- Nigeria's dollar reserves at $34.53 bln as of Nov. 24

Nigeria’s foreign exchange reserves stood at $34.53 billion as of Nov. 24, up nearly 3 percent from a month earlier, central bank data showed on Thursday. The bank did not provide a reason for the increase in reserves, which stood at $33.58 billion at the same date last month.

Friday, 21 August 2020

SEC to strengthens capital market enforcement regime ~Yuguda

 “We need to restore investor confidence and attract the retail and young investor into the market. Thus, we will ensure strict enforcement of our rules and regulations, strengthen our enforcement
regime and clamp down on illegal operators. READ DETAIL:  

Tiger Brands issues profit warning, board chairman to step down

Tiger Brands also said it would lose 302 million rand in the period from deferring food price increases as part of government regulations to protect consumers.   READ DETAILS...

Wednesday, 19 August 2020

Malian President Keita resigns after military intervention

Malian President Ibrahim Boubacar Keita resigned from his post and dissolved parliament on Wednesday after he was detained by mutinous soldiers in a crisis that escalated following weeks of protests against his government.      READ DETAILS HERE:

GTB holds back dividends for GDRs holders due to dollar shortage

Guaranty Trust Bank (GTB) on Tuesday said payment of dividends to holders of its Global Depository Receipts (GDRs) has been delayed due to difficulties in sourcing dollars.

Read details here




Tuesday, 18 August 2020

Banks burden with CRR, other charges, can’t reduce lending rate

Nigerian banks already burden with huge operational costs, including the world's highest Cash Reserves Ratio (CRR) regime and other regulatory charges are constrained to tinker with lending rate, a bank chief executive has said.



Read details here

Monday, 17 August 2020

CHURCH BUSINESS: Managing work, family and the ministry

“Work-life balance is a concept that supports the efforts of employees to split their time and energy between work and the other important aspects of their lives. Work-life balance is a daily effort to make time for family, friends, community participation, spirituality, personal growth, self-care, and other personal activities, in addition to the demands of the workplace.”

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Friday, 14 August 2020

UBA to pay interim dividend from H1 profits

Nigeria's United Bank for Africa (UBA) Plc on Friday said it will pay interim dividends from profits made in the first half of 2020 to its shareholders. Read also: UBA to pay interim dividend from H1 profits:

Nigeria to get another $6.5 million Abacha loot from Ireland

Nigeria has reached a deal with the government of Ireland to return back to the West African country $6.5 million part of stolen money looted by former military dictator Sani Abacha.

Read details here

Foreign investors unable to repatriate funds face 100% loss on Nigeria’s investment

The persistent dollar shortage and the inability of the Central Bank of Nigeria (CBN) to sell dollars to foreign Portfolio Investors (FPI) who want to repatriate their funds back to their home countries is causing stress among fund managers. The CBN governor, Godwin Emefiele had in June appealed to the FPI to be patient with […] Foreign investors unable to repatriate funds face 100% loss on Nigeria’s investment:

Thursday, 13 August 2020

Guinness Nigeria warehouse in Ikeja destroys by fire, loses millions of naira

Guinness Nigeria lost millions of naira worths of property and products on Thursday as their warehouse located on Wempco Road, Ogba, Ikeja area of Lagos was engulfed by strange fire.

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CBN monetarists decry government increased reliance on debt to finance budget

The Central Bank of Nigeria (CBN) monetarists are unhappy with the government persisted resorting to the accumulation of debt to finance its operations as it will further compound the country’s debt services and debt to revenue ratio.
In their personal notes at the last Monetary Policy Committee (MPC) meeting published by the regulatory bank on Thursday, members said government must cut down on the cost of governance and inefficient spending by government agencies.

Read more on: CBN monetarists decry government increased reliance on debt to finance budget

Osun State abolishes Aregbesola’s reforms in education, reverts to 6-3-3-4 system

Osun State on Wednesday finally abolished the last vestige of reforms in the state educational establishment by the immediate past administration as it reverts to the 6-3-3-4 educational system and abolished single school uniform for learners in the state schools.
Commissioner for Information and Civic Orientation, Funke Egbemode, who broke the news said the decision by the state government was based on the recommendations of the Education Review White Paper on the restructuring and remodification of some education policies.

Details click on link below:

Osun State abolishes Aregbesola’s reforms in education, reverts to 6-3-3-4 system

Monday, 10 August 2020

Wednesday, 5 August 2020

CHURCH BUSINESS: Every leader needs communication skill

By Oludare Mayowa



“What you say can preserve life or destroy it; so you must accept the consequences of your words.” - Proverbs 18:21

“Let my words and my thoughts be pleasing to you, LORD, because you are my mighty rock and my protector.” - Ps 19:14


Our words are so powerful; it can kill or bring to life, it can create deep wound or heal wounds. Our word can lift up souls or bring it down, it can encourage many, same way it can discourage many. It can draw people to us and also drives them away from us.
Though no one can be adjudged master in communications but we can aspire to become skillful in the way we use words rightly to inspire people around us. We can intentionally develop our communications skill to help produce effective result in our ministry and life. We can also develop the consciousness to ensure that our words communicate appropriately our intention, purpose and motive in such manner that our audience is well saturated with the understanding that our words bring to them.
The present generations is more sophisticated and are better exposed compared with the past generation, so leaders should learn to understand their ways first before reaching out to them in words. This generation can discern and read between the lines whatever leaders are communicating with them; they are intellectually developed and exposed to the extent that they have access to more information often than some leaders do today.
The advent of technology has also created wider access to information that it behooves on leaders to up their games and refresh their knowledge, otherwise they would be out of tune with the reality of their time.
Leaders should therefore continuously perfect their communications skill and develop the appetite for knowledge as part of tools they require to impact the lives of their followers/congregation/audience and ensuring they flow with their messages and are blessed always.
Leaders must learn to communicate with clarity, not reactive and not with sentiments and should not mix emotions with their messages, because that only last for a while and after sometimes, the reality is down on the people and they usually go back to their previous habit.
As church leaders, there are ample examples from Christ, who is the master of communications and had his way with the appropriate words for the right season. When He chose to speak in parable, those parables are meant to conveying imagery in the minds of His listeners. And whenever he perceived that they do lack the comprehension of his messages, He still find a way to break it down for His disciples to understand.
Case study:
The Samaritan woman at the Sychar well John 4:7-26
The woman caught in adultery John 8:1-11
As leaders, we need to weigh our words, consider their implications on our audience, the purpose it is meant to achieve and our primary motive for saying what we want to say before we deliver it.
We must understand the significance of our word and messages, once spoken cannot be taken back, so we should not create room for “I don’t really mean that” or “I will like to take back those words.”
Our words should build bridges and not division, promote relationship and not scattered. Our words should bind wound and not open it up, it should boost morale and not demoralizing it.
We should understand that every word counts, there is no unimportant words, even jokes could depict our mindset and be translated to mean our unspoken intention. The word of God warned us that there should be no obscenity, foolish talk or coarse joking, which are out of place,
How to improve on our communication
Leaders should learn to listen more than talking and if we must talk we should think through our word before speaking.
Pray for Holy Spirit guidance, the Bible says the spirit searches all things, if we depend on the Holy Spirit, He will give us the right word for the right season.
Leaders should learn to read books on varieties of subjects and works of other great leaders to help them understand how they construct the flows of their words.
The Bible is replete with Jesus’ examples of effective communications, apart from studying the Bible for the purpose of preparing our sermons; we should also study it for syntax, flows, prose, uses of figurative words and to gain insight into Jesus motive when communicating.
What we feed our inner man with tends to reflect in the word we speak at all time, so the question that should preoccupy our minds always is that what manner of ‘food’ you are feeding your inner man as leaders. Who are the people you usually talk with, what types of conversations you engage with your close allies and what do you constantly look at or watch on the television.
What we read, watch and meditate upon have greater influence on the way we speak, so we should be careful what we allow into our system.
The way to gain the confidence of your followers is to learn to engage them through positive and effective communications. As part of your engagement with your congregation, you must also learn the current register of the language they speak and flow with them without necessarily deploying vague and repulsive words. In the Bible days, Jesus conveys his messages through imagery related to agriculture, which provided the right picture His audience could relate with, but should we persist in using the same lingo today, no. Leaders should be adoptive and be conversant with the current register of relevant words and make use of them copiously to illustrate their messages to their audience for clarity and
There are words you are not expected to use as leaders while speaking to either your congregations, in informal communications or even within the conferment of your house. Watch out for those words and avoid them like a plague, because if you don’t identify and do away with such words, they might hurt you and the people you are leading.
Never use words that convey your lack of confidence in the authenticity of your words or the message you are preaching; such words could undermine your integrity and your competence to speak authoritatively on the subject matter.
I have heard some church leaders telling their audience that; “I am not lying to you, I am speaking the mind of God” and I am like, you just gave us reason to doubt your words. There are some who will come on the pulpit to say; “If I am wrong, kindly correct me, but I am sure I am telling the truth.” The reaction such a leader will get is to create more doubt about his or her competence; while the audience could think if you are not sure, why talking or saying it?
Code of communication for leaders
Eph 4:29, Matthew 12:35, Col 5:37,
I will also refer you to the four-way test of the Rotary club, it can be of help in shaping and sharpen our communications skills.
The Rotary four-way test:
1. Is it the TRUTH?
2. Is it FAIR to all concerned?
3. Will it build GOODWILL and BETTER FRIENDSHIPS?
4. Will it be BENEFICIAL to all?
Once you are able filter your conversation either on the altar or on whatever platform through the four way test, you may be on the road to becoming an effective communicator.