Nigerian employee Tolulope Fayokun, who was fired from Johnson & Johnson, a US pharmaceutical corporation, for working on "African time," has successfully sued the business for racial discrimination. According to the Reading Tribunal's decision, Fayokun was wrongfully "racially profiled" and will get compensation. The hearing was informed that Fayokun, a dual-nationality British Nigerian, began her career at the firm in 2017 and was originally commended by her supervisors for her outstanding leadership abilities. Alessandra Toro, director of strategic insights and analytics at Johnson & Johnson, told Fayokun at her appearance before an employment tribunal that she had "Nigerian traits." It was said that Toro and Fayokun had a cordial friendship at first, exchanging presents and talking about private issues. According to reports, Toro claimed to Fayokun that she worked on "African time," implying that she missed deadlines for some tasks at certain times. She claimed that after researching Nigerian workplaces,…

In exchange for $12.5 billion, Adebayo Ogunlesi, the chairman and CEO of Global Infrastructure Partners (GIP) and a former Credit Suisse executive, will join BlackRock's board and global executive committee. This is BlackRock's power move, propelling the company to become the biggest independent infrastructure manager globally. BlackRock will purchase GIP for a total consideration of $3 billion in cash and around 12 million shares of BlackRock's common stock, according to the announcement released on Friday.     The integrated infrastructure platform will be run by the GIP management team, which is headed by Bayo Ogunlesi and four of its founding partners. According to the release, "They will bring with them a proven track record of creating and managing high-performing private markets firms, as well as skilled investment and operationally oriented business improvement teams.   worldwide investment options for customers, and we are quite enthusiastic about the prospects that lay ahead…

A valuable asset to Nigeria is Adeola At 70, Tinubu praises GTB founder On Wednesday, President Bola Tinubu celebrated the 70th birthday of Mr. Fola Adeola, a prominent businessman and lifelong friend. As he praised the patriotism of the Guaranty Trust Bank Founder in "promoting initiatives for the economic advancement of Nigeria," he called him "a great asset to the nation." President Tinubu's congratulations are in a statement headlined "President Tinubu celebrates top business leader, Fola Adeola, at 70," which was signed by his Special Adviser on Media and Publicity, Ajuri Ngelale. Adeola completed his HND in accounting at Yaba College of Technology. In addition, he holds degrees from the Lagos Business School, Harvard Business School, London School of Accountancy, and the International Institute for Management Development.     Adeola served as the Divisional Head and Deputy General Manager of the Financial Services Division of the Continental Merchant Bank Limited…