All posts by Afolabi Ogunde
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FG Clarifies Negotiations With Boko Haram
The Federal Government has come out to clarify its statement on its discussions with terrorist sect, Boko Haram. The need for clarification arose when Boko Haram spokesman Abu Qaqa vehemently denied that it was in any form...
- Posted August 27, 2012
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Civil Rights Groups Lambasts FG Over Lucrative Contracts to Former Militants
A Kaduna based civil rights activist Mallam Shehu Sani has berated the Federal Government over huge contracts awarded by the NNPC to former militants who terrorized the Niger Delta for several years. Last week, the Wall Street...
- Posted August 25, 2012
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Analysis: Sweeping Apple win, but Samsung set for bounce-back
(Reuters) – Defeat in a bitter patent wrangle with Apple Inc, its smartphone rival and biggest customer, will dent Samsung Electronics Co’s $21 billion cash-pile, but could actually help cement its leadership in the global smartphone market....
- Posted August 25, 2012
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All Eyes on Microsofts New Logo
Computer software and hardware giant Microsoft has changed its logo for the first time in 25 years. This news comes a few days after Apple overtook the company as the most valuable company in America by stock...
- Posted August 24, 2012
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Private Equity Firm KKR Said To Consider Investing In Africa
KKR & Co. (KKR), the private equity firm started by Henry Kravis and George Roberts, is hiring a dealmaker to look for investments in Africa as it tries to tap the region’s growth, said two people with knowledge of the...
- Posted August 24, 2012
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Oil Falls A Second Day On European Crisis, U.S. Jobless Claims
Oil fell for a second day amid concern European leaders aren’t making progress on resolving the region’s debt crisis and as reports signaled a weakening economy in the U.S., the world’s biggest crude user. Futures slid as...
- Posted August 24, 2012
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Indomie announces Judges for 2012 Independence Day Award
Dufil Prima Plc, makers of Indomie Instant Noodles, has announced the names of the panel of judges for the fifth edition of its corporate social responsibility initiative, “Indomie Independence Day Award for the Heroes of Nigeria.” According...
- Posted August 24, 2012
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Sokoto Eager to Commence Oil Exploitation
Sokoto State Governor, Alhaji Aliyu Wamakko, said on Thursday that the state would soon make a presentation to the Federal Government on how to exploit the crude oil deposits discovered in commercial quantity in the state. The...
- Posted August 24, 2012
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Fuel Scarcity Averted as NUPENG Withdraws Strike Threat
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has agreed to call off its impending strike following a seven hour discussion with the Federal Government yesterday. The meeting which commenced at 2pm had in attendance, Secretary to...
- Posted August 24, 2012
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Subsidy Scam: Oil Marketers Begin Refund of Unmerited Funds to FG
The National Economic Council (NEC) revealed yesterday that some of the oil marketers indicted by the Federal Government on the subsidy scam have begun to refund the unmerited funds to the National Treasury. The FG had indicted...
- Posted August 24, 2012