All posts by BusinessNews Staff

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  FSDH Group Records N3.05bn Profit

  First Securities Discount House (FSDH) Limited, has announced a profit after tax of N3.050 billion for the year ended December 31, 2010, indicating a 15.9 per cent increase over N2.63 billion earned in the corresponding period of...

  • Posted April 28, 2011
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  UN Uses Social Media to Feed Hungry Children

  The United Nations World Food Programme (WFP) has created a social media platform through which people can share their favourite meals by making donations to the agency. This is in an effort to encourage individuals to help...

  • Posted April 28, 2011
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  UNDP Warns on High Quake in Supercities

  The United Nations Development Programme (UNDP) has warned that more than half of the world’s supercities, with populations of 2-15 million, are at future risk of being affected by nearby magnitude seven or greater earthquakes. The warning...

  • Posted April 28, 2011
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  Stakeholders Task Jonathan on ICT Deployment in Governance

  Stakeholders in the Information and Communications Technology (ICT) sector have urged the President Goodluck Jonathan, to embrace ICT in tackling the issues bedevilling the nation. Describing ICT as a panacea to some of the nation’s problems, the...

  • Posted April 28, 2011
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  Naira Appreciates as Pressure Eases at WDAS

  The naira, Nigeria’s local currency appreciated at the Central Bank of Nigeria’s (CBN) Wholesale Dutch Auction system (WDAS) Wednesday following the successful outcome of the final stage of the general election held in most states on Tuesday....

  • Posted April 28, 2011
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  CBN Dep Gov Laments Nigeria’s Poverty Level

  Deputy Governor, Operations of Central Bank of Nigeria (CBN), Mr. Tunde Lemo, has warned that if the level of poverty ravaging Nigeria today was not tackled, the country would become a failed state. Lemo gave this warning...

  • Posted April 28, 2011
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  Samsung launches Galaxy S sequel

  Samsung Electronics Co, the world’s No.2 handset maker, launched a new version of its flagship smartphone Galaxy S in South Korea ahead of its global debut in May, targeting global sales of over 10 million this year....

  • Posted April 28, 2011
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  Sony faces global legal action over breach; shares fall

  Sony Corp could face legal action across the globe after it belatedly disclosed a security breach of its popular PlayStation Network, infuriating gamers and sending the firm’s shares down 5 percent in Tokyo on Thursday.   Sony...

  • Posted April 28, 2011
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  Labour-trade union feud still pending in court

  The feud between the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) over the two factions of the Association of Senior Staff of Banks, Insurance and other Financial Institutions (ASSBIFI) is still pending at the...

  • Posted April 28, 2011
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  Stockbroking firms decry N1billion capital base

  While much is yet to be heard of the proposed minimum capital base of N1 billion for stockbroking firms, some market operators said they believe that the Securities and Exchange Commission (SEC) has ‘soft pedalled’ on the...

  • Posted April 28, 2011
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