The difference between a manager and a leader is that a manager “counts the beans,” whereas a leader makes them. In other words, a leader inspires by example. For instance, in the early days of Peninsula when we only had about twelve employees, although I’d never worked in sales before, I went on the road and sold our business services. This taught me a great deal. Firstly, our services were useful for small business. Even if we didn’t sell the service, the concept was always welcomed by the business owners, and they learned something. Most importantly, my experience gave me…

Nigeria's solar companies are seeing a surge in demand for mini-grids and equipment as businesses in Africa's biggest oil producer look for alternative power sources after the cost of diesel soared locally due to rising global oil prices. Supply constraints could, however, hamper their ability to capitalize on the trend, with some saying they have begun to turn away customers because they are unable to meet demand. Nigeria, Africa's largest economy with a population of more than 200 million people, has installed electricity capacity of 12,500 megawatts but the national grid only provides 4,000 MW at peak, leaving businesses and…

Imagine this: you step into the elevator and instinctively reach for your smart phone, only to discover that you've mistakenly left it at your desk. A sense of panic sets in as you wonder what to do. What will you think about when you can't have your "thoughts" fed to you? We live in an age of information, when there is always a new browser window to open, pop-up to click, post to like and headline to react to. According to Pew Research, 31% of adults are online nearly constantly. This has led to as many as 75% of adults…

The Manufacturing sector contracted for the second time in April, according to figures obtained from Central Bank of Nigeria. Reports released by the CBN said, the Deputy Governor, Financial Systems Stability Directorate, CBN, Aishah Ahmad, stated that, “Continued interventions especially in growth enhancing sectors is, thus, critical to sustain momentum in economic activity and stimulate aggregate demand, especially in view of the manufacturing purchasing manager’s index which contracted for the second consecutive month at 48.9 index points in April 2022 from 49.10 index points in the previous month,” she said. A member of the MPC, Robert Asogwa, said available high-frequency…