Don’t despise your small beginning

Your starting point The human mind was created with the power to literally achieve anything it conceives. So, everyone—including you—has great potentials to achieve more than the world’s greatest in different fields of endeavour. Like diamonds in the dirt, many people are yet to discover themselves while others are waiting for adequate resources and the … Continue reading Don’t despise your small beginning

United Airlines records huge financial losses

United Airlines' revenues plunged nearly 80 percent in the third quarter compared to last year's levels, but it signaled preparations for a potential rebound in air travel in its earnings report Wednesday. The Chicago-based carrier reported a loss of $1.8 billion on revenues of $2.5 billion, a drop of 78 percent from last year amid … Continue reading United Airlines records huge financial losses

Malaysian airlines in serious financial trouble

Malaysia Airlines is making plans to shut down if lessors do not accept its restructuring bid. The deadline for accepting the restructuring plan is Sunday, which means we could know the fate of the airline soon. The airline’s sole owner has also said it will no longer fund the struggling airline if the plan does … Continue reading Malaysian airlines in serious financial trouble

FAAN: Recurring monthly losses, a sign of an uncertain future after COVID-19

The Federal Airports Authority of Nigeria (FAAN) said it lost N17.5billion of aeronautic charges in 23 weeks and incurred N1.4 billion loss of non-aeronautical charges between April and June, 2020. Its Managing Director, Capt. Hamisu Yadudu, who disclosed this in a virtual interaction said the agency’s Internally Generated Revenue (IGR) dipped by over 90 per … Continue reading FAAN: Recurring monthly losses, a sign of an uncertain future after COVID-19

Top earners in the Nigerian banking industry

Nigeria’s seven topmost banks signposted resilient performance in the first half of this year with top-line earnings rising to N1.77 trillion despite the COVID-19 lockdowns that disrupted activities for the most part of the period. All the seven largest banks recorded increased top-line, but the underlying profitability of the sector declined by almost two basis … Continue reading Top earners in the Nigerian banking industry

Elon Musk named 7th richest man in the world

Elon Musk is now worth more than Warren Buffett, making the Tesla CEO the seventh-richest person on the planet, according to Bloomberg's Billionaire Index. Musk, who also runs SpaceX and the Boring Company, is now worth $70 billion, still pretty far behind the No. 1 on the list, Amazon CEO Jeff Bezos, and his $189 billion. … Continue reading Elon Musk named 7th richest man in the world

Value Creation for Business

ABSTRACT The importance of organizational process management and corporate culture is best understood in volatile business environments where some companies strive to maintain a level of competitiveness and ensure its survival—notwithstanding the legality of their approaches. To maintain competitive advantage in the fiercely contested confectionary and food beverages manufacturing sector, there is need for managers … Continue reading Value Creation for Business

Grandpa lets dog decide which furniture he should buy

Oh man, this little old man is my new favorite person. You know how they say that pets are basically your children? Well, this man is a walking example of that. Aleecia Dahl’s grandfather needed new furniture, so the family took him on a shopping trip to find new couches and chairs. Before the family … Continue reading Grandpa lets dog decide which furniture he should buy

COVID-19: Expect permanent behavioral changes in business and social interactions

Trump predicted earlier this month that the economy would take off like a “rocket ship once we get back to business.” But experts say the recovery will be far slower. “It’ll be a very gradual process regardless of what a governor says or the president says,” said Dr. Robert Blendon, a Harvard professor of health … Continue reading COVID-19: Expect permanent behavioral changes in business and social interactions

COVID-19: Virgin Australia to lay off more than 16,000 workers

Australia’s second biggest airline, Virgin Australia (VAH.AX), has become the first large corporate coronavirus casualty, announcing it will enter voluntary administration on Tuesday morning. The decision follows crisis talks held on Monday evening after the airline failed to secure a desired $1.4 billion lifeline from the federal government. In a statement to the ASX on Tuesday … Continue reading COVID-19: Virgin Australia to lay off more than 16,000 workers