All posts by Afolabi Ogunde

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  Lawan Never Took any ‘bribe’ from Otedola | Informed IG of Police promptly on Bribery Attempt

  Farouk Lawan released a statement on Sunday through which he denied accepting any bribe money from Femi Otedola to influence the subsidy report. The Chairman of the subsidy probe committee never denied taking $ 500,000 from oil...

  • Posted June 12, 2012
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  Nigerian Stock Exchange Watch: Dangote Cement (+3.42%) and Nigerian Breweries (+4.17%) Lift Bourse from Slump

  The stock market snapped out of a 9 day consecutive slump due to impressive performance recorded by two of the Exchange’s most capitalized companies, Dangote Cement and Nigerian Breweries. The banking sub-sector was relatively quiet, Access (3.65%)...

  • Posted June 11, 2012
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  Naira Strengthens First Time In Three Days On Currency Sale Bets

  The naira appreciated the first time in three days on speculation central bank will increase dollar sales to support the currency. The currency of Africa’s biggest oil producer strengthened 0.1 percent to 162.87 per dollar as of 1:29 p.m. in...

  • Posted June 11, 2012
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  Dana Crash: Agege Residents Resettled in Dehumanizing Refugee Camps

  The owners and tenants of the houses that were burnt or touched by the  fire that gutted the aircraft are entitled to have them rebuilt or replaced by Dana Airline and the Federal Government. I have confirmed...

  • Posted June 11, 2012
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  Oil Gains Most In Five Months On Spain Bailout, China

  Oil rose the most in more than five months in New York on speculation fuel demand will increase after Spain requested a European bailout to shore up its banks and China’s imports of crude climbed to a record. Futures advanced...

  • Posted June 11, 2012
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  Minister seeks investment in science, technology

  Minister of Science and Technology, Prof. Ita Ewa, has said that the ministry would continue to emphasise the need for investment in science and technology to drive the transformation agenda of President Goodluck Jonathan. Delivering a keynote address...

  • Posted June 11, 2012
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  Airtel signs global deal with Opera Browser

  BHARTI Airtel, a leading integrated telecommunications company with operations in 20 countries across Asia and Africa, announced that it has signed a global arrangement with Opera Software to offer a customised and co-branded version of Opera Mini...

  • Posted June 11, 2012
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  Jonathan Commissions 5 million ton Cement Line at Dangote’s Obajana today

  The President is expected to commission the third production line at Dangote Cement’s Obajana plant today. The line has a production capacity of 5.25 million tons. The Obajana cement plant which is the biggest in Africa will...

  • Posted June 11, 2012
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  Dana Crash Victims’ Families May Sue FG for Negligence – Femi Falana

  Renowned human rights campaigner and lawyer, Mr. Femi Falana recently disclosed that victims of the Dana Air Crash are entitled to receive more than $ 100,000. The clarification was made by him over the weekend after several...

  • Posted June 11, 2012
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  $3.4 Million Bribery Scandal: Lawan Says ‘It Wasn’t Me’

  Subsidy probe lead investigator Farouk Lawan has categorically denied allegations that he collected a $ 600,000 bribe from an oil baron close to the presidency. The denial came late Sunday evening, after allegations implicating the Chairman of...

  • Posted June 11, 2012
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