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Aug 21
Senior Management Programme Ends with Glowing Testimonies from GT Bank and FBN Staff


The 63rd edition of Lagos Business School's Senior Management Programme (SMP 63) recently came to an end.

The Academic Director of the programme, Dr Kemi Ogunyemi noted that SMP is designed to build personal skills and increase the effectiveness and strategic thinking capabilities of executives with seven or more year's cognate experience in various organisations.

The programme had Thirty Two (32) participants in attendance drawn from various industries. Many of the participants were impressed with the quality of knowledge they received and had wonderful things to say about the programme.   

Olufunso Tooki, Head, Organisational Development, Guaranty Trust Bank said "bringing together participants from diverse sectors of the economy to brainstorm on solutions to workplace challenges has proven to be very powerful in driving and learning. Without a doubt, my colleagues and I are leaving the programme with a wider outlook and deeper insight. We are determined to make a difference after this and we will".

Emmanuel Ocheme, Senior Associate, FBN Capital noted that attending the SMP programme is the highlight of his educational journey. "For me, the best thing that has happened to me in my educational effort is attending the SMP programme at LBS. The programme provides immediate actionable skills, tools and strategies to improve self and work performance. I am glad to belong to the LBS Alumni network which provides a platform for continuous learning and improvement" he said.

Aug 18
LBS in Partnership with Research ICT Africa (RIA) to conduct Research Study on Broadband Access in Nigeria

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Lagos Business School (LBS) in partnership with Research ICT Africa (RIA), South Africa is conducting a research study aimed at enhancing broadband access in Nigeria.

Increased broadband penetration is instrumental to the economic development of Nigeria. Despite the increase in broadband penetration, there is little empirical research on the performance of fixed or mobile broadband in the country. The objective of this research study is to address the knowledge gap in broadband access in Nigeria. Measuring broadband performance will help ensure consumer needs and expectations are met by the providers and that service levels remain reliable.  

The study will be conducted using the MySpeedTest App to assess broadband speed, latency, and data usage.

Researchers, to understand the reasons for the poor quality of broadband service, and to make technical and policy recommendations on how to improve broadband speed and latency will use aggregated tests results.

The Research ICT Africa Network conducts research on ICT policy and regulation that facilitates evidence-based and informed policy making for improved access, use and application of ICT for social development and economic growth.

Interested persons can click here to participate.

Aug 17
LBS and Other Experts Address the Management Skills Gap in Africa


The Global Business School Network in partnership with the Center for Global Enterprise recently brought together a group of experts and academics to speak on management skills gap in Africa.

Lagos Business School is a member of the Global Business School Network (GBSN), a nonprofit organisation that partners with business schools, industry, foundations and aid agencies to improve access to quality, locally relevant management education for the developing world. GBSN has over Seventy (70) member schools which demonstrate a commitment to improving access to quality, locally relevant business education.

Founder & CEO of the Global Business School Network, Guy Pfeffermann noted the high unemployment rate in Africa which is evident by the existence of two organisations: National Association of Unemployed Graduates in Nigeria and the Unemployed Graduates Association of Ghana. He stated that the high unemployment rate in Sub-Sahara Africa is as a result of the disconnect between higher education programs and employer expectations as employers are in search of soft skills, socio-emotional skills and practical work experience. "Employers are looking especially for "soft skills" and practical work experience. "Socio-emotional" skills are especially important. Specifically, five skills are most likely to increase chances of success in finding employment: social skills, communications and higher-order thinking skills, all supported by the interpersonal skills of self-control and positive self-concept".

He further noted the need for educational institutions to adopt the experiential learning experience approach as experiential learning is of paramount importance in bridging the gap between Schools and employers." Experiential learning is key to bridging the gap, an insight that is driving a number of GBSN initiatives including the upcoming Action-based Curriculum Training (ACT) program pilot. Experiential learning encompasses internships, teaching cases and other learner-centered pedagogies, student consulting projects, as well as design thinking. CGE is also exploring ways to make learning experiential and accessible outside of the traditional academic environment" he said.

Sharing the Lagos Business School history and approach, Dr David-West presented the educator perspective on efforts to address the management skills gap in Nigeria. She emphasized the importance and relevance of institutions owning sufficient physical and human resources. In addition, she provided background on some LBS successes such as pedagogy; that focused on the development of analytical and problem-solving skills, guided by ethical principles with emphasis on soft skills, emotional intelligence and an entrepreneurial mindset. Whilst acknowledging the reach of low-touch online learning methods, she stressed the importance of blending face-to-face with online techniques, especially for longer degree and executive Programmes.

"The paucity of infrastructure and other basic resources makes doing business in Africa somewhat different and in need of skills beyond the technical and analytical. African managers need high levels of socio-emotional capabilities that heighten their street sense and ability to execute." David-West concluded.

Aug 16
LBS Alumnus Appointed Chairman of the Global Council of the Global Banking Education Standards Board

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Lagos Business School is pleased to announce that one of its alumni, Olusegun Aina, Chief Executive Programme (CEP 8) was recently appointed as the Pioneer Chairman of the Global Council of the Global Banking Education Standards Board.

Aina emerged the Chairman after the election conducted at the joint meeting of the global council and task force of GBEStB coordinated by Chartered Institute of Bankers of Nigeria (CIBN) national secretariat, which held recently.

The GBEStB is a voluntary, industry-led initiative founded with the aims and objectives to develop clear internationally-agreed standards for the education of Professional Bankers worldwide, develop and publish global education standards for banking institutes and similar bodies, and facilitating and sharing of global best practices in banking education between banking institutes regulators and other stakeholders.

Aina's election as Chairman is in line with the Institutes vision, mandate and strategic plan to be a global reference point for professionalism and ethics in the banking and finance industry.

He holds a BSc in Accounting from the University of Lagos and an MSc in Banking and Finance from the University of Ibadan. He is a member of different professional bodies including the Chartered Institute of Bankers, London and Nigeria; Nigeria Institute of Management (NIM) and Institute of Directors (IOD). He is also an alumnus of INSEAD, France and IMD, Switzerland.

Aina is the former President of Chartered Institute of Bankers of Nigeria. He is also the Chairman of Vatebra Limited a leading Nigerian FinTech with outreaches outside of Nigeria. ​

Aug 10
Insurance Managerial Leadership in Sales and Marketing ends with Glowing Testimonies


"I am so impressed by the course content and the facilitators. The classes were very interesting and practical; I could relate with the case studies vis a vis where I work. The environment is very welcoming and serene. The coordination was fantastic as our needs were met and we were made very comfortable" Akomolafe Oludayo of Boff & CO. Insurance Brokers Ltd.

"An engaging programme that is rich in content and delivered by facilitators who displayed excellent mastery of the subject-matter of the course" Adewale Adeneye, Ensure Insurance Plc.

"Every time I am here I see clearly and appreciate why business schools are different from the conventional universities. The programmes are practical and extremely relevant to workplace issues. The case studies and syndicate groupings are excellent. I recommend every organisation to avail its cherished staff the opportunity here at LBS" Popoola Babatunde of Gras Savoye Insurance Brokers Nig. Ltd.

These were some of the testimonies received from the just concluded Insurance Managerial Leadership in Sales and Marketing Programme organised by Lagos Business School.

The intensive two days programme was attended by thirty-five (35) delegates from various insurance companies in Nigeria. According to the Academic Director of the programme; Dr Ogechi Adeola, the objective of the programme was to tackle the challenge of effective sales and marketing in the present economic conditions. Adeola stated that the challenges can be overcome through a framework that enables managers conduct team assessment, tackle issues surrounding sales force effectiveness and development of high impact strategies to accomplish goals and enhance performance.

Aug 09
Harvard Kennedy School of Government and Massachusetts Institute of Technology (MIT) Students Visit LBS


Lagos Business School hosted students from Harvard Kennedy School of Government (HKS) and Massachusetts Institute of Technology (MIT) today, August 9, 2017.

The visit to the School was part of the activities of the Public Sector and Innovation Field Trip organised in partnership with the Lagos State Government.

Toyosi Akerele-Ogunsiji, Vice President International Student Affairs, Harvard Kennedy School of Government stated that the idea behind the public sector leadership and innovation field visit to Nigeria is to show some of the brightest and best students from HKS and MIT  the beauty, talent and accomplishments of Nigeria and Nigerians.

Akerele-Ogunsiji, further noted that the students had to come to Lagos Business School because the School is a case study of success and excellence in the educational system in Nigeria. "We brought students from Harvard Kennedy School of Government and MIT because we wanted them to see our version of the Harvard Business School here in Nigeria. There is no way you will talk about the success of Nigeria's education and educational excellence in Lagos without mentioning Lagos business school. LBS is the stable success story and case study for such a narrative" she said.

The students were welcomed by the Dean of Lagos Business School, Dr Enase Okonedo. She gave the students a brief insight into the history and operations of Lagos Business School. "Our focus has always been on the professional development of managers. In the last few years, we have started attracting people from across Africa, and other parts of the world. Lagos Business School focuses on certain issues which a lot of institutions across Africa are not addressing. Issues such as creativity, being able to think outside of the box; adaptability and problem solving" Okonedo said.

The students who visited were impressed by the world class standards of LBS. Hikaru Ouchi, Japanese Diplomat and Student of HKS said "My visit to LBS has been really eye opening; I have not visited any kind of school in Africa like this. The fact that LBS  provides management education to people in Nigeria and across Africa is really inspiring, as I feel it will have a great impact on the development of Nigeria and Africa as a whole" she said.

Kinga Tshering, Former Member of Parliament, Kingdom of Bhutan said "I have been really impressed by LBS. The standards here are truly world class. It is one of the most impressive institutions I have seen not only in Nigeria but in Africa. It can be compared to any institution in the world"

The visit ended with a cocktail networking session.

Aug 08
LBS Announces New Addition to Faculty

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Lagos Business School is pleased to announce that it has added another seasoned expert, Dr Edwin Agwu to its faculty base.

Agwu, will be joining the Sustainability and Strategy department. He holds an NCE from Federal College of Education Okene; a BSc. in Science/Education, from the University of Lagos; an MBA from Adekunle Ajasin University; MSc. in International Strategic Management from Staffordshire University, Business School; and a PhD in Strategic Management from the University of Wales Business School.

He is an astute banker, versatile researcher, a seasoned lecturer, management/training consultant, and accomplished education/business manager; with twelve years banking and finance experience and more than fifteen years of lecturing experiences in various academic institutions in the United Kingdom and Nigeria.

Agwu is an active researcher with publications in several international journals and conference proceedings. He has published extensively on very diverse topics related to the domains of business strategy, marketing, management and technology.

He is also a member of several professional bodies including the British Academy of Management, Chartered Management Institute, Institute for Learning, Associate Member Nigerian Institute of Management.

LBS faculty is made up of highly qualified academics and professionals in the industry working either full-time or part-time. They are dedicated to contributing to and shaping the practice of management, and they bring to the classroom knowledge and practical guidance acquired through a unique combination of research, professional experience and consulting work done in Nigeria as well as global companies. Together, they ensure high levels of effectiveness for all participants and clients.

Aug 08
LBS Facilitates Utility Pricing and Regulation Programme for the Lagos Metropolitan Area Transport Authority (LAMATA)

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Lagos Business School recently conducted a Utility Pricing and Regulation Programme for the staff of the Lagos Metropolitan Area Transport Authority (LAMATA).

This programme was facilitated in response to the need for credible and fair sustainable regulatory arrangements of utility infrastructure in the country. Ikechukwu Kelikume, Programme Academic Director, stated that the programme equipped participants with a comprehensive understanding of the key elements involved in Utility Regulation and Management. He further noted that the programme enhanced the participants' ability to effectively perform regulatory functions at the interface of government, the private sector, the public, and other interest groups which are key factors that influence the implementation of reforms and the sustainability of regulatory arrangements.

Participants in attendance were satisfied with the knowledge they gleaned from the programme. Uthman Obafemi Shitta-Bey said "This was a very useful and informative programme, which will no doubt enhance LAMATA's institutional capacity on regulatory issues".

Seun Sonoiki, Legal Counsel, LAMATA said she is very eager to positively impact her organisation with the knowledge she has gained. "I have enjoyed the programme and gained more knowledge particularly in the regulatory roles of my organisation.  I am very eager to impact positively on my organisation with what I have learnt.  The programme has been extremely useful; I hope to be back for more impactful sessions in the near future.  I commend the Lagos Business School (LBS) for all its efforts".

The Utility Pricing and Regulation Programme was a customs programme facilitated by the customs department of Lagos Business School. LBS Custom Programmes offer personalised, high impact solutions in various aspects of management. They are designed to transform minds, influence people and create knowledgeable leaders who will in turn transform their organisations.

The custom programmes at Lagos Business School create lasting value for executives and their organisations through a unique blend of scholarly research, practical approaches and experiential learning.​

Aug 07
Professor Ogbechie Appointed President of the Governing Council of Bank Directors Association of Nigeria (BDAN)

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Lagos Business School (LBS) is happy to announce that Professor Chris Ogbechie, Management Board Member, LBS, was recently appointed as the President of the Governing Council of Bank Directors Association of Nigeria (BDAN).

BDAN is a non-profit organisation aimed at promoting honourable practice within the Banking Industry. The association promotes sustainable banking best practices within banks and financial institutions in Nigeria, and collaborates with regulatory agencies and other stakeholders to ensure the public interest.

Steve Omojafor, Former President, Governing Council of Bank Directors Association of Nigeria, congratulated Ogbechie on assuming the new position as President of the Association and stated that the Association elected a worthy leader who is sure to promote growth and drive the objectives.

Chris Ogbechie is Professor of Strategic Management at Lagos Business School. He holds a first class-honours degree in mechanical engineering from Manchester University, an MBA from Manchester Business School and a PhD in Business Administration from Brunel Business School in the UK. He is the founding Director of the First bank sustainability Centre, Lagos Business School and Chairman, Board of Directors, Diamond Bank Plc.

He has a wide range of experience in marketing, strategy and corporate governance; this was derived from his work as Head of Marketing/Sales at Nestle Nigeria and his consulting work with Nigerian, Ghanaian and Kenyan firms over the years.  He has also produced several publications in financial services, marketing, strategic planning, corporate social responsibility and corporate governance.

Aug 07
FBN Merchant Bank Staff Commend the Leadership and People Management Programme


Effective leadership is an important factor for making an organisation successful. Effective leaders engage employees, push forward growth strategies, and drive innovation. Lagos Business School recently conducted a Leadership and People Management Programme for the staff of FBN Merchant Bank.

According to the Academic Director of the Programme Dr Akin Oparison, Faculty, Human Resources Management and Organisational Behaviour, the objective of the three-day programme was to develop a robust portfolio of leaders who are ready to engage employees, push forward growth strategies, drive innovation and work strategically with customers. Oparison stated that "to become an effective leader in a chosen discipline, you will need to develop a full understanding of the required behaviour".

The FBN Merchant Bank Leadership and People Management Programme deployed various concepts, tools, skills and methods to achieve the desired objective and afforded the participants an opportunity to develop a full understanding of the required behavioural traits of an effective leader such as: Self-Control; Integrity; Overcoming the Tyranny of Self; Valuing People and Serving them; Understanding Unspoken Promises and Delivering on them amongst others.

The programme which was run for the different managerial level staff of the organization had positive testimonials across-the-board.  One of the participants had this to say "this is a life time change course, very practical and relevant across all managerial levels, this should be driven bank wide to achieve the desired 'climate'". Others testimonials include that of Odujoko Adenike, who said: "The session has been value-adding, I am empowered and encouraged to begin my journey to a BLUE 4".

After a successful completion of the programme, the Managing Director and CEO, FBN Merchant Bank, Mr Kayode Akinkugbe stated "we spent some time searching for the right institution to partner with in delivering this training for our employees and I am pleased that our faith in Lagos Business School was well placed". 

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