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Nowhere to Grow for Addison Lee

My first reaction, to the news that the John Griffin led management of Addison Lee has sold the company to a private equity, was a heart warming one. Addison Lee’s story, every time I come across it, always warms my heart. I first came across them in 2007 and by 2009 when they supplied all […]

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Institutional Trust and National Prosperity

In September 2001, I joined fellow students of the University of Lagos in a protest rally. A protest against the increase in the pump price of petrol. I’ve never joined a protest rally before and I never did after then. And I remember saying to some people that all President Obasanjo had to do was […]

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Poor people, poor country, rich resources!

The above juxtaposition is the story of Nigeria in four words. Numbers don’t lie. It can be spun or explained away but they don’t lie. They never did, they never will. The National Bureau of Statistics has the poverty figure at 68% of the population. The United Nations latest figure records a similar figure. To […]

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Tesco’s revival turns the screw on ‘big four’ supermarket rivals – Management – Scotsman.com

Tesco’s revival turns the screw on ‘big four’ supermarket rivals – Management – Scotsman.com.

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Innovation starting to pay off for Tesco

A few months ago, I wrote on the change in strategy for UK’s largest retailer, Tesco. The change was two pronged – stlye and architecture on the one hand, better use of innovative tools on the other. Better put, they wanted to look a bit more like Waitrose while still remaining cheap; and also make […]

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Nigeria: The Need for Governance by Institution

Where three or more Nigerians are gathered, the problems bedevelling us as a country will always be a topic of conversation/discussion. Every topic is a trigger for such conversations. Example: the sight of the full moon will trigger a conversation on electricity or [for the rockets scientists among us]why Nigeria does not have a space […]

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