The International Finance Corporation, the World Bank’s private sector lending arm, has toughened rules for employee engagement with client companies after a controversy over the way two executives in West Africa jumped to groups that had received investments from the body, Financial Times has reported.

A former IFC Vice-President for Latin America, sub-Sahara Africa and Western Europe, Mr. Thierry Tano..

Let’s look back into your past between the ages of 5-10. Do you remember being in school and playing games with your classmates? How was it? Fun right. Little worries and you were just focused enjoying yourself and completing the task in a simplistic manner even though you didn’t realise it.

Disengaged employees cost organisations millions and their uncooperative, negative attitudes, fault-finding, complaining, increased tardiness, gossiping, and backstabbing will have a ripple effect on those around them. Therefore organisations should work towards achieving a childlike synergy within teams when employees are collaborating.

Our advice for boosting morale – Team building activities and games. The greatest advantage is this will cost the organisation nothing apart from time (for the teams to develop themselves) ..

What's the difference; you may be asking yourself?

Talent acquisition is of the upmost importance in organizations today. A lot of time, energy and money is spent with this goal in mind. Hundreds of thousands and in some cases millions are being spent on targeting top candidates. Organizations also have recruitment managers compiling metics to ensure ROI. However they can save time and money by focusing on the efficiency in the hiring process; screening and on-boarding.

Organizations are also struggling to retain talent after hiring. Studies show that 22 percent of turnover in the U.S. occurs in the first 45 days of employment. New hires expect to hit the ground running but there is often a disconnect between the expectations and the reality. So they are likely to loose those talented ind..

International oil companies (IOCs) defiance costs Nigeria $74m daily as gas flaring goes on:

<span 1.6em;"="">IOCs, the major perpetrators of gas flaring in the country, and other oil producing companies, have continued to ignore the $3.5 per standard cubic feet (scf) penalty put in place by the government to discourage flaring from which the country loses about $74 million daily. Government on its part has not been able to enforce the regulation because of threats of shutdowns by operators. 

The Ministry of Petroleum Resources introduced the $3.5 gas flare penalty fee in 2011, and the directive was communicated to operators on August 15, 2011, which saw the gas penalty being raised from N10 to $3.5 per scf. 



A top official of the Department of Petroleum Resources (DPR), the ag..

Regardless of your current title or position in your company you may have to make a presentation. You must be well prepared to have impact and make a good impression.

You may have heard this before but it has to be said again and again…Do not read from a script and reply only on notes. When giving presentations it is about the audience and communicating with them.

We absorb information approximately in the following ways:

• 1% through taste


• 1 ½ % through touch


• 3 ½ % through smell


• 11% through hearing


• 83% through sight

Therefore we can presume the audience retain more when they hear and see it. When you take the role of a presenter you will need to spend time thinking about how to convey the right emo..

As Nigeria celebrated its 53rd Independence anniversary in October, the continued closure of the public universities attracts criticism from students who spoke with JAYNE AUGOYE and TEMITAYO FAMUTIMI

These are trying times –Ogunjobi

These are trying times for the nation, I must confess. Nigeria has not faced greater threats and total paralysis in major sectors than this period in its history. The nation’s   journey in the past 53 years was a chequered one replete with many gains and losses in its social, political and economic advancement. Nonetheless, as a Nigerian student trapped in this crisis, the Independence Day should offer the present administration the opportunity to correct the anomalies in the education al system and other key sectors in the economy.?•Oluwafemi Ogunjobi, 400 le..

Have you been asked to write a reference letter? Most of us will be asked at some point; it might be a former employee or student, or even a family friend. And it may be for a job, a scholarship, a grant, or some other opportunity. Regardless of the purpose are are some key points you will want to make when writing your letter of recommendation.

But what is a reference letter? A reference letter is usually written to testify to a person’s skills, character and/or achievements. It is also known as a “recommendation letter”.

When asked to write a reference letter you should ask yourself the following questions:

• Do you know the candidate? The candidate should be someone you know reasonably well. For example, you cannot comment on the ability of a person who you never worked with and only met you on..
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Affirmations are statements that you say out loud to yourself on a regular basis. The goal is to re-program your subconscious mind with positive thoughts so that you can reach your maximum potential. They can also be a great tool for boosting your self-belief and to help you relax when you are stressed out.

Have you ever met someone and asked them 'why are you so happy?' or 'why are you not angry at that person?' They seem odd right. Affirmations are very popular in religions, which is one of the reasons why people feel those with inner peace or who are very positive appear to be deeply religious or very self-assured but they not that different from the average person. The difference is they have trained themselves to think and act differently in order to overcome obstacles.

There may be one or several reasons why ..

Recently we stumbled on terms to describe job seekers and we decided to do more investigation into matter to make others aware so they can have the upper hand when recruiting or searching for a job.

A passive job seeker is someone who is not actively looking for work but are open to new opportunities. They are already in the game!

Job seekers who are currently employed are at an advantage, due both to their own resourcefulness as well as existing stereotypes of them already being qualified. Passive candidates are likely to be headhunted, poached or currently employees may recommend them for vacancy. They are often likely to be comfortable in their current jobs so a new opportunity would have to be very attractive. And more often than not that they would want to find a new job before leaving their current position.

Pas..