Leadership

COVID-19 Business Opportunities: Field To Plate

Posted by on 4:58 pm in Business, Featured, Leadership, lifestyle, Markets | 0 comments

By Esosa Aihie Farms, food producers and suppliers across the globe are adapting quickly and innovating to keep coronavirus stay at home whilst street markets are closed and labourers restricted from travelling to work in the fields. The crisis has exposed the world’s reliance on international trade and on the huge number of seasonal workers who travel across borders to farms to help harvest ripened produce. It has also had a massive impact on complex supply, transport and distribution chains that usually bring food from farms to...

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THE COCKROACH THEORY

Posted by on 12:09 pm in Business, Featured, Leadership, lifestyle | 0 comments

By Esosa Aihie A beautiful speech by Sundar Pichai; an IIT-MIT Alumnus, now Google boss. “The cockroach management theory for self development” At a restaurant, a cockroach suddenly flew from somewhere and sat on a lady. She started screaming out of fear. With a panic stricken face and trembling voice, she started jumping, with both hands desperately trying to get rid of the cockroach.  Her reaction was contagious, as everyone in her group also got panicky. The lady finally managed to push the cockroach away, but it landed on...

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COVID-19 NEWS: BONNY LIGHT TSUNAMI LOADING

Posted by on 9:39 pm in Blog, Business, Featured, Leadership, lifestyle, Markets | 0 comments

By Patrick O. Okigbo III If you are a state governor in Nigeria and you are not already working round the clock, night and day, you are playing with fire.  Red-hot, napalm FIRE! Here is your reality.  Bonny Light (Nigeria’s crude oil) is trading at about $11. This is half the cost of producing the barrel. Even at that price, Nigeria is not able to sell her crude oil.  She has tens of millions of barrels of crude oil in scores of vessels cruising the seas, like a gala seller in Lagos traffic, looking for...

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How to make sense of the coronavirus chaos

Posted by on 9:43 pm in Business, Featured, Leadership | 0 comments

By Esosa Aihie We are beset on all sides, hourly, daily by COVID-19 data, hypotheses, speculation, & conspiracy theories. We live in a world in which news, often pops up on social media without any useful context or consideration, which we have to provide context. Learning how to do that is becoming one of the most crucial skills we need to make sense of what we read.  A good way to make sense is to distinguish between three categories of information: A) what we know is true, B) what we think is true, inferences drawn from strong...

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COVID-19 – Calls for Greater Resilience in Africa

Posted by on 5:52 pm in Business, Featured, Leadership | 0 comments

By Esosa Aihie Africa may need an emergency economic stimulus of $100 billion—including an estimated $44 billion waiver for interest payments in 2020. In 2020, the pandemic could cost between $37 billion & $79 billion in output losses, while impact on household welfare is expected to reach 7%.  Likely to create severe food security crisis & a contraction of between 2.6% & 7%. Decline in food imports (as much as 25% or as little as 13%) as a result of higher transaction costs & reduced domestic demand. Health risks due to...

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