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  • Sustainable Devt, Key to Africa’s Socio-economic Challenges

    United Nations (UN) Deputy Secretary-General, Asha-Rose Migiro, has stressed that sustainable development is key to addressing Africa’s economic, social and environmental challenges. She noted that the continent has the capacity to transit to a green economy without...

    • Posted November 24, 2011
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  • Nigcomsat-1R Satellite To Be Launched In December

    NigComSat -1R is set for launch on December 19, 2011. This is a replacement satellite to NigComSat-1, which was lost in orbit on November 10, 2008. The Chief Executive Officer of Nigerian Communications Satellite Limited (NigComSat), Timasaniyu...

    • Posted November 24, 2011
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  • Stock Market Watch: Market Sheds 12 Points in Daily Trading

    The stock market succumbed to the bears today as it received a clobbering causing it to shed 12 points at the end of trading. The banking sector recorded a few winners but there were exactly twice as...

    • Posted November 23, 2011
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  • Earnings Watch: Lasaco Assurance Net Income Grows 114% in 3Q Results

    Lasaco Assurance Plc released its 3Q, 2011 results on the Nigerian Stock Exchange today. The company’s management must be pleased with its performance, having increased Net Income by 114% to N 352 Million from N 164 Million...

    • Posted November 23, 2011
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  • Earnings Watch: Fidson’s 3Q Numbers, Revenue Leapfrogs Over 500%

    Fidson Healthcare is having a bumper year as its revenue has appreciated over 500%. The company, which produces Fast Moving Consumer Goods such as Fluffy Tissue, and Healthcare products such as Astymin (a malaria treatment drug), released...

    • Posted November 23, 2011
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  • Fuel Subsidy And Government PR Gaffes

    Fuel subsidy promotion has been handled poorly. It has led to more PR gaffes than any other burning issues in the country. Also, the federal government has conducted itself for all the wrong reasons with interviews and...

    • Posted November 23, 2011
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  • Sterling Oil Exploration And Energy Production Company Fined For Oil Spillage

    Sterling Oil Exploration and Energy Production Company (SEEPCO) has been fined the sum of N68 million by The National Oil Spill Detection and Response Agency (NOSDRA) Limited, for defaulting in reporting the oil spillage from its facility....

    • Posted November 23, 2011
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  • Judicial Independence In The Murky Waters Of Politics

    Judicial independence is essential to a society’s survival.  Independence of the judiciary these days seem more theoretical than practical as executive rascals and commercial interests undermine the credibility of the judicial process.  The adopted principles for an...

    • Posted November 23, 2011
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  • Beyond State Creation

    State creation has stayed as a hot-button issue in our national polity. It would appear we all need a state of our own so the federation revenues can meander into our account. But that is not. It...

    • Posted November 23, 2011
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  • UBA Grants Scholarship To Secondary School Students

    United Bank for Africa Plc grants scholarship to three Nigerian secondary school students to the tune of N2.25 million in order to enhance the quality of education in Nigeria through writing, as well as reiterate its commitment...

    • Posted November 23, 2011
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