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  • Nigerian Breweries acquires Life Breweries from Heineken N.V.

    Nigerian Breweries Plc Monday said that it has acquired majority equity interests in Sona Systems Associates Business Management Limited, (Sona Systems) and Life Breweries Company Limited from Heineken N.V. This transaction follows Heineken’s acquisition of controlling interests...

    • Posted October 4, 2011
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  • Freelance Business & Finance Writer Needed

    If you enjoy writing, are curious about understanding companies, markets and current events, and want to participate in the internet startup experience, this is a dream opportunity. We’re looking for a few freelance contributors that can help...

    • Posted October 3, 2011
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  • BusinessNews Needs a Business News Reporter

    BusinessNews  is seeking a smart, dynamic business reporter to cover Nigeria.  A minimum of three years of daily reporting experience is required. Candidates with business reporting experience are preferred. Reporter must be able to juggle breaking news...

    • Posted October 3, 2011
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  • Global Economy – Recession Fears Plummet Commodities

    Commodities recorded their biggest drop since year-end 2008 as a result of dull macro-economic data released from US, China and Euro-zone late last week.  According to Bloomberg, a measurement of Chinese manufacturing has shrank for the third...

    • Posted October 3, 2011
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  • Nigeria Stock Exchange: Return of the Bulls

    After a dismal outing the first 9 months of the year, it now appears a series of fortunate events have conspired to return the Nigerian stock market to a more positive trend. In the last three trading...

    • Posted October 3, 2011
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  • Wema Bank Plc Appoints Abubakar Lawal and Ramesh Hatharaman as Directors

    Wema Bank Plc has appointed two directors. they are Mr Abubakar Lawal and Mr Ramesh Naraindas Hatharaman. It also elevated 100 employees and sacked others  due to non-performance. The new appointments, according to a statement from the bank,...

    • Posted October 3, 2011
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  • Nigeria Railway Corporation says Cost of Cement to Reduce

    The Nigeria Railway Corporation (NRC) on Sunday announced that the cost of cement would soon drop due to the haulage of cement by rail from the Lafarge Cement Factory, Ewekoro in Ogun to other parts of the...

    • Posted October 3, 2011
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  • AMCON Waives Right to Appoint Directors in Nationalised Banks

    The Asset Management Corporation of Nigeria (AMCON) has waived its right to appoint directors into the boards of several banks it has significant equity stakes. AMCON has significant equity stakes in post-combination First City Monument Bank Plc, Union...

    • Posted October 3, 2011
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  • 51st Independence: A Nation Groans Despite Huge Promise

    Our nation celebrates again with growing certainty amidst violence at various flashpoints in the country. The president did not stop short to tell everyone who wants to know that while we remain where we are, is as...

    • Posted October 1, 2011
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