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  • Visa Introduces ‘Visa IntelliLink Spend Management’

      There is good news for organisations that appreciate technology and would love to monitor and control their corporate spending patterns.   Visa Incorporated, a global payment services company has unveiled their latest technology, a web-based reporting...

    • Posted October 17, 2012
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  • Global Crisis Presents Plane Acquisition Opportunities for Nigerian Carriers

    There are indications that Malev Hungarian Airlines have offered its airplanes for sale to Arik Air, because of the present crisis in the global airline industry. Investigations tell that, Arik Air has refused the offer because the...

    • Posted October 17, 2012
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  • Union Bank Recruits 1,000 New Employees, Promotes 636

      Union Bank of Nigeria Plc, as part of efforts to boost up the spirits of its employees and better the performance of the bank, it has employed about 1,000 staff and promoted another 636.   The...

    • Posted October 17, 2012
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  • Enjoy Safe and Convenient Third Party Transfers with GTBank

    The Nigerian social media space has been buzzing over the effectiveness and efficiency of GTBank’s Third Party Transfers. However Businessnews has confirmed that GTBank’s internet banking application for transfers and other transactions is one of the best...

    • Posted October 16, 2012
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  • Veteran producer, Amaka Igwe announces launch of QTV

    Q, Nigeria’s latest entertainment channel is set to commence airing on DStv. The new channel is set to provide viewers with exciting movies, thrilling dramas, inspiring documentaries, general interest programmes and much more. Founded by multi-award winning...

    • Posted October 16, 2012
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  • Abdusalami Abubakar’s firm wins bid for power companies

    Integrated Energy Distribution and Marketing Company, a firm owned by former Head of State, Abdusalami Abubakar on Tuesday emerged the core investor of the Eko, Ikeja, Ibadan and Yola electricity distribution companies. Meanwhile, the Federal Government raked...

    • Posted October 16, 2012
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  • Ottoabasi Abasiekong: Politics And State (13)

    The much expected Venezuelan Presidential Elections has come and gone returning the vigorous incumbent Leader Hugo  Chavez back to power for another term of 6 years. He defeated the energetic and promising Henriques Capriles Pradonski who showed...

    • Posted October 16, 2012
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  • “It is prudent and reasonable” – Okonjo-Iweala’s statement on Finance Ministry Budget

    Since the presentation of the 2013 Budget draft to the National Assembly by President Goodluck Jonathan, we have received a lot of positive feedback from Nigerians in different parts of the country. In particular, the fact that...

    • Posted October 16, 2012
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  • BetaSMS Executive, Jennifer Chikezie, Talks Advertising on Mobile Apps

    Businessnews sat down with BetaSMS’s Chief Marketing Officer, Jennifer Chikezie, for a quick chat on how the telecommunications auxillary service provider is changing the game with its new Mobile Applications.   Questions 1: There are site that...

    • Posted October 16, 2012
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  • Oil Benchmark – House of Reps vs Okojo Iweala: Who Holds the Superior Arguement?

    The Appropriation Bill President Goodluck Jonathan submitted to the National Assembly last Wednesday quoted $75 as the Benchmark, while the house has insisted on $80 oil benchmark.   The executive have warned that anything above $75 would...

    • Posted October 16, 2012
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  • UBA Reports Gross Earnings of N168 billion After 9 Months

      UBA Plc, Nigeria’s fifth largest bank by market capitalization reported its third quarter earnings to the Nigerian Stock Exchange yesterday. The company reported: Profit before Tax was N44.86billion, compared with N9.42billion (an increase of 376.22%) Profit after...

    • Posted October 16, 2012
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  • Skye Bank Reports Gross Earnings of N94 billion after 9 Months

      Skye Bank with foreign subsidiaries in Sierra Leone, The Gambia, and Guinea, announced its unaudited third quarter results. Following the release of results, Group Managing Director/Chief Executive Officer (GMD/CEO) of Skye Bank Plc, Mr. Kehinde Durosinmi-Etti,...

    • Posted October 16, 2012
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  • JP Morgan Makes Cash Investment in Nigerian Online Retailer Jumia

      Africa’s fastest growing online retailer Jumia has, alongside South African online fashion retailer Zando, announced that U.S.-based J. P. Morgan Asset Management has injected funds into their operations.     J. P. Morgan Asset Management, a...

    • Posted October 16, 2012
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  • Oil Benchmark: “Adopt $80 or Resign” – Lawmakers to Okonjo Iweala

      Nigeria’s lawmakers, despite having no valid economic principles on which to base the call for the hike in the oil benchmark in the 2013 budget, have asked the Finance Minister and by extension the Presidency not...

    • Posted October 16, 2012
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