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  • Aviation Fuel: FG Plans Local Refining to Check Price Hike

    To make scheduled domestic airline operation profitable, the Federal Government has said that it would ensure the refining of aviation fuel (Jet A1) locally in order to bring down the prices. In the last four months,  the...

    • Posted April 29, 2011
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  • Microsoft Windows sales slip, shares drift lower

    Microsoft Corp reported a dip in quarterly sales of its core Windows operating system, mirroring a recent downturn in personal computers and sending its shares down slightly.   The world’s largest software company met Wall Street profit...

    • Posted April 29, 2011
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  • ZTE to sue Huawei for patent infringement over 4G technology

    ZTE Corp, China’s No.2 telecommunications equipment maker, said on Friday that it is suing larger Chinese rival Huawei Technologies in China for patent infringement over its fourth-generation telecoms technology.   The announcement of ZTE’s legal action comes...

    • Posted April 29, 2011
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  • Smartphone boom lifts phone market in first quarter

    Strong demand for smartphones gave a further boost to overall cellphone market volumes in January-March, and making iPhone supplier Apple a rare winner on the market, research firms said on Friday.   IDC saw January-March market growth...

    • Posted April 29, 2011
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  • BRAND MATTERS: Free brand trial and consumer engagement

    One of the several strategies adopted by companies to entrench their brands in the minds of consumers is free trial. This is a key marketing effort intended to engage consumers and deepen their experience of the brand....

    • Posted April 29, 2011
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  • Demand for dollar drops after elections

    The amount of dollar sold at the Wholesale Dutch Auction System (WDAS) dropped by over 37 per cent on Wednesday, as pressure eased in the aftermath of the elections. Dollar demand, which peaked at $586.4 million at...

    • Posted April 29, 2011
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  • Stock Exchange interim head completes term

    The interim administrator of the Nigerian Stock Exchange (NSE), Emmanuel Ikazoboh, counts his successes as his tenure ends today, while he hopes to continue as an Exchange council member. When Oscar Onyema, the new chief executive officer...

    • Posted April 29, 2011
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  • GTB, First Bank customers lament service breakdown

    Customers of First Bank and GTB yesterday had hard times transacting business at the banks as their networks broke down. Normal services were not resumed until after midday, leading to frayed tempers in the banking halls across...

    • Posted April 29, 2011
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  • Central Bank sets new cash withdrawal limits

    To discourage the use of raw cash in economic transactions in the country, the Central Bank of Nigeria (CBN) has taken steps to promote the use of electronic payment systems. The CBN yesterday in a circular to...

    • Posted April 29, 2011
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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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