Business
Business School Gets N400m Lifeline For Research
The Lagos Business School (LBS), has received the sum of N400 million from the Gamaliel and Susan Onosode Foundation (GAMSU), toward the enhancement of the institute’s research activities.
LBS said in a statement in Lagos that the donation was the second and last tranche of GAMSU’s disbursement in fulfillment of its pledge to the school.
It said the donation was given by the Onosode family on behalf of GAMSU, a not-for-profit and non-political organisation.
The Tide source reports that Onosode, a technocrat, administrator and a former presidential candidate of the All Nigeria People’s Party of Nigeria and Pro-Chancellor, University of Lagos, died on September 29 , 2015.
The objective of GAMSU is to foster the success of the Nigerian child through innovative and flexible learning opportunities while providing the enabling environment, the statement, said.
“This donation is towards the building of the International Management Research Centre (IMRC), which will be used for the school’s research activities.
“To honour the family for its benevolence, the IMRC building will be named after the late Gamaliel Onosode as “The Gamaliel Onosode Management Research Centre.”
Dr Enase Okonedo, LBS Dean, said the donation would foster the school’s objective of conducting relevant research that would impact on corporations and the society in general.
Okonedo expressed gratitude to the Onosode family for the gesture and described Gamaliel Onosode as an exemplar in the practice of management.
“He embodied the values we promote here at the school and we are indeed grateful to his family for making this contribution in honour of their father.”
In his remarks, Mr Ese Gamaliel Onosode said, the donation which was pledged in 2016 was to assist LBS in its commitment toward improving the quality of management in Africa.
Onosode said they were confident that a management research centre in honour of Gamaliel Onosode, would advance the quality of education of potential leaders in the country.
The Tide recalls that LBS had in 2016 received a N500 million commitment from Mr Ese Gamaliel Onosode and Mr Spencerý Onosode on behalf of the Onosode family to support the school’s research activities.
The first installment of N100 million was received in May 2016.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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