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May 18
LBS Strengthens, Announces New Hires
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Lagos Business School is pleased to announce the addition of two seasoned experts to its faculty base: Dr. Oghenovo Obrimah and Marvel Ogah.

Dr Oghenovo Obrimah joins the Accounting, Finance and Economics department. Obrimah holds a Ph.D. in Business & Management, with a concentration in Finance and sub-specialisation in Economics from the RH Smith School of Business of the University of Maryland, College Park USA. He graduated with First Class Honors in Mathematics from the University of Ibadan, Nigeria in 1995. He was awarded a Pre-doctoral Fellowship in Economics at Yale University from 1999 to 2000, and has worked with PricewaterhouseCoopers LLC and First City Merchant Bank PLC.

Obrimah's research has been published in reputable journals such as the Journal of Economics and Business, the Quarterly Review of Economics and Finance, the African Development Review, and Annals of Financial Economics. His research interests span Venture Capital, IPOs, Public or Private Equity Markets, Financial Intermediation, Market Structure or Equilibrium, Fundamental Asset Pricing, and Monetary Policy. 

Marvel Ogah joins the Operations department. Ogah holds a bachelor's degree in Chemistry from the University of Nigeria, Nsukka, an MBA in operations management from the Ambrose Alli University, and a PGD in Chemical Engineering from University of Lagos.

Prior to his transition from the industry to academia, Ogah has held various leadership positions within multinational environments (Colodense Nigeria Plc, SC Johnson Nigeria, and Hello Products Limited). He has over 18 years' experience of working and leading manufacturing operations teams towards capability building, operations strategy, business process improvement, process efficiency sustainability and lean enterprise.

May 15
Lagos Business School maintains Financial Times Ranking as Top Business School

Lagos Business School has once again been ranked as a top global school by the Financial Times (FT).  This is LBS' eleventh consecutive appearance in the annual ranking of top business and management education providers in the world done by FT.

According to the FT's Executive Education 2017 ranking published today in London, LBS is ranked among the most prestigious business schools globally in two categories: open enrollment and customs executive education. The Lagos Business School is one of only four schools in Africa that made the prestigious list.

Dean of LBS, Dr Enase Okonedo in her remarks, reiterated the commitment of the School to providing global standard business and management education. "The FT ranking is further recognition of our continuous efforts at providing world class business and management education with local relevance to Nigeria and Africa. Our business school's determination for excellence has also recently been recognized by our accreditation by the Association to Advance Collegiate Schools of Business (AACSB) and the association of MBA's (AMBA)."

Dr. Okonedo also added that as part of plans to extend the benefit of LBS education to other Africans, the school had been admitting more non-Nigerian nationals to its programmes, and would also be extending its executive education to other African countries. 

The Financial Times of London publishes annually a list of the best management programmes from business schools around the world, based on the quality of learning, staff and student diversity, growth in business and international reach.  

Other schools that made this year's ranking apart from Lagos Business School are the Harvard Business School, USA, the IESE Business School, Spain, and IMD in Switzerland. Others in Africa include the Gordon Institute of Business Science (GIBS), USB Executive Development and Graduate School of Business, all in South Africa. 

May 12
LBS Congratulates Three Institutions on AACSB Accreditation

Lagos Business School (LBS) felicitates with Mississippi College, Southern Taiwan University of Science and Technology, and the University of Central Oklahoma on their recent accreditation by the Association to Advance Collegiate Schools of Business (AACSB). 

As they join LBS in the elite league of less than 5% of business schools globally accredited by AACSB, it attests to their excellence in impact, innovation and engagement in business education.

LBS was accredited by the AACSB in December 2016. AACSB is the leading global accreditation body for business schools offering undergraduate, masters and doctorate degrees in business and accounting. Founded in 1916, AACSB has its headquarters at Tampa, Florida, United States of America; it is the largest business education network, linking students, academia and businesses to advance the cause of business education around the world.

The accreditation process is designed to validate business schools that are committed to global standards of excellence in strategic management and innovation, student experience, and quality of both teaching and non-teaching staff.
May 09
LBS Welcomes Exchange Participants from Kenya and Advanced Management Programme - AMP 30

Lagos Business School hosted a welcome cocktail, yesterday, for exchange participants from, Strathmore Business School in Nairobi, Kenya, as well as participants from the 30th edition of the Advanced Management Programme (AMP 30). 

In line with the student exchange partnership between Lagos Business School (LBS) and Strathmore Business School (SBS); Owner Manager’s Programme participants from SBS will be joining the 24th edition of the Owner Manager Programme (OMP 24) class for a week of intensive learning.

The exchange participants expressed high expectations of their programme and stay at LBS. Catherine Masitsa, CEO and Founder, Samantha’s Bridal  notes that LBS is a quality provider of executive education. “I am here from Strathmore Business School in NairobiI believe LBS has really established itself as a leader in executive education. LBS has a lot of references, and I hope me being here will give me the skills and knowledge needed to allow me run a better and more profitable business” she said.

For Njeri Mwangi, CEO, Reliable Concrete Networks, being her first time in Nigeria, she hopes her stay at LBS will give her the opportunity to make valuable contacts that will enable her improve her network. “This is my first time in Nigeria. I am here to create very good contacts, to learn and to have fun” she said.

Participants from the AMP 30 class also expressed high expectations of their programme. Charles Ejekam, Managing Director, Rexter Express, hopes the programme will broaden his knowledge and enable him become a better leader. “I want to sharpen my Skills and learn new things. I believe this programme will enable me to become a better leader and give me the opportunity to add more value to the economy” he said.
LBS has student exchange agreements with various business schools worldwide. They include; IPADE Business School, IESEG School of Management, University of Stellenbosch Business School, Indian Institute of Management Ahmedabad, Graduate School of Business, University of Cape Town, IESE Business School and Bocconi University.
May 05
LBS to Host Technovation 2017 Pitch for Mobile Apps Developed by Girls

Lagos Business School (LBS) in partnership with Iridescent will be hosting the maiden edition of the Nigerian Technovation Regional Pitch event.

The Technovation programme which was set up in Silicon Valley by Iriscident, challenges young girls worldwide to build a mobile app that will address community problems. So far, over 10,000 girls from 78 countries have participated and over 1700 mobile apps have been built.

The Nigerian maiden regional pitch event will feature keynotes addresses by special technology guest speakers from across different sectors of the technology industry.  There will be more than thirty five (35) teams competing, out of which six (6) selected teams will be given the opportunity to represent Nigeria in August at California, USA.

May 03
Dr Ohu Joins NIRA Executive Board

Lagos Business School (LBS) member of ​​​faculty, Dr Eugene Ohu, has been elected a Director of the Executive Board of the Nigeria Internet Registration Association (NIRA). NIRA is the registry and manager for .ng Internet Domain Names.  The election took place during the 9th Annual General Meeting of NIRA on Friday, April 28, 2017.

NIRA is a self-regulatory body that manages the country code Top Level Domain (ccTLD) .ng name space, accredits registrars and maintains a database of names registered in the .ng name space.  NIRA's formation in 2005 was coordinated on behalf of the Federal Government of Nigeria by the National Information Technology Development Agency (NITDA). 

Dr Ohu brings to the NIRA board, a wealth of experience in the technology space, both local and international.  He has been a member of NIRA from its inception.  He was a part of the technical team that berthed the management of the .ng ccTLD in Nigeria, and his company Netorb Media Ltd was one of the pioneer registrars of the .ng domain name. Dr Ohu, who sits on NIRA's board with nine other stakeholders within Nigeria's Internet community, has always brought these experiences to bear in his class engagements at LBS with executives and MBA students.

More about NIRA:

Apr 12
LBS Hosts Google 2017 Women Techmakers Summit

Lagos Business School hosted the 2017 Women Techmakers Summit on Saturday, April 8, 2017. This global event which has been held across 52 countries worldwide, is organised by Google in honour of The International Women's Day to drive visibility, community and resources for women in Technology.  

The theme of the event "Tell your Story" allowed women who have excelled in their various careers and businesses share the stories of their journey to success. In her keynote address, Juliet Ehimuan-Chiazor, Country Manager, Google, encouraged young ladies present, to work hard and believe in themselves. "If you want to be taken seriously you need to be able to do the work. You can be your best champion. It is not about the result, it is the process. Every situation presents an opportunity to grow, it may not be palatable but it is necessary" she said.

In a plenary session, the Dean of Lagos Business School, Dr Enase Okonedo, acknowledged that the scope of business has changed as women are now more actively involved in business activities. She highlighted in her response to the prominence of women in business that, "Africa has a lot of entrepreneurs, I am happy to say that 40% of entrepreneurs in Africa are women. I am proud to say we have about 45% women currently enrolled on our full time MBA programme. These women are desirous of using their business degree to go on and help other businesses grow".

Other notable speakers present at the event included: Kemi Adetiba; Mich Atagana, Head Communications and Public Affairs, Google; Ommo Clark, CEO, iBez; Adia Sowho, Director, Etisalat; Afua Osei, Founder, She Leads Africa; Chika Uwazie, CEO, Talentbase; Ire Aderinokun, Technical Lead, Big Cabal Media (Google Developer Expert) and Teju Ajani, Google. 

Apr 12
LBS Partners AFC for Strategic Business Development Programme

Africa Finance Corporation (AFC) is partnering with Lagos Business School (LBS), a leading provider of executive education in Africa, to deliver an intensive Strategic Business Development Programme for Analysts, Associates, and Senior Associates. The Strategic Business Development Programme (SBDP) is borne out of the need to invest in employees, preparing them for enhanced management responsibilities. The objective of the programme is to introduce participants to core business principles and skills in general management functions, supporting them in taking their performance to a higher level. The SBDP will deliver relevant subject issues and powerful tools that they can apply in the workplace.

The programme comprises seven key modules/themes: Fundamentals of Business Leadership (Introduction); Personal Mastery and Leadership; Strategic Management in the Financial Sector and Risk Management; Fundamentals of Finance & Basic Accounting; New Product Development; Customer Relationship Management and an Action Learning Project.

With a minimum of four sessions per module, the SBDP will run as follows: Module 1 - 6:  Six days of intensive and interactive sessions (staggered over   3Fridays & 3Saturdays. Module 7: Action Learning Assignment Project.

The programme will be delivered by a team of experts with relevant academic and industry experience and will offer an immersion into the knowledge and competencies for effective leadership. Through case studies, lectures, classroom discussions, working sessions and peer group learning, participants will learn how to leverage leadership skills to deliver value to their organisation's internal and external constituencies. A strong emphasis will be laid on the applicability of concepts, practices, tools and frameworks to the Nigerian business environment, particularly the financial sector.

Apr 12
Lagos Business School Co-Curates the Nigerian Transformational Map with the World Economic Forum

"We are trying to make Nigeria a better society and we are contributing to a better economy. In the report we highlighted five key issues that are contributing to the challenges we are facing  in Nigeria, if they are tackled and addressed, with good leadership and the help of the government, Nigeria should be one of the top economies in the world" Franklin Ngwu, Faculty, Strategy, Lagos Business School.

Nigeria, the giant of Africa, is undeniably one of the largest economies on the continent. In order to identify the factors that shape this great nation, the World Economic Forum (WEF) approached faculty members of Lagos Business School to co-curate the Nigerian Transformational Map.

These faculty members are: Dr Franklin Ngwu, Faculty Strategy; Dr Yinka David- West, Faculty, Management Information systems and Dr Ndidi Nnolie Edozien, Faculty, Strategy.

The Nigerian Transformational Map highlights five key issues challenging the growth of the Nigerian economy. The issues highlighted include: Infrastructural development; Youth Unemployment; Internal Insecurity; Good Governance and Human Capital. Ngwu notes that if these problems mentioned in the transformational map are tackled with the help of the government, Nigeria will be one of the economies in the world to be reckoned with. "We are trying to make Nigeria a better society and we are contributing to a better economy. These are they key issues that are contributing to the challenges we are facing  in Nigeria, if they are tackled and addressed  with good leadership and the help of the government, Nigeria should be one of the top economies in the world"  Franklin Ngwu, Faculty, Strategy.

Speaking on the significance of the report to Lagos Business School, Ngwu notes that it puts LBS on a global map and it affirms the aims of LBS to keep contributing to a better society.

The Transformational Map agenda was introduced in 2015 by the World Economic Forum. Transformational maps allow people to delve into the similarities between global, industry and regional issues worldwide, which allows for a better understanding of the different forces that shape the world.                  

Apr 04
LBS Welcomes OMP 24

The 24th edition of the Owner Managers Programme (OMP 24), started on Monday, April 3, 2017. The class is made of high profile business owners and executives from different sectors of the Nigerian economy.

Participants expressed high expectations of the programme. Timothy Adeleye, CEO, Optiweb Communications Limited, hopes he learns best practices that will enable him take his business to the next level. "I want to learn the best practices that will enable me take my business to the next level. I am looking forward to opportunities to learn entry points into other markets beyond Nigeria and Africa for my business" he said.

For David Olurin, Director, Tulcan Energy Resources Limited, he hopes the programme will allow him the opportunity to glean knowledge that will enable him become a better executive. "I hope the programme will enable me be a better executive. I also want to gain knowledge of what it takes to expand a company and build big conglomerates" he said.

The Owner Managers Programme (OMP) is designed for owners / managing directors of small and medium scale organisations. The programme is designed to provide business owners with skills and capacity for development of long term strategic plans, to transform their businesses and drive profitability.

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