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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
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  • N5,000 Note to Become Legal Tender in 2013

    The Central Bank of Nigeria will introduce a N5,000 banknote into the country’s monetary system as early as the first quarter of next year. Also the CBN disclosed that it will transform the N5, N10 and N20...

    • Posted August 24, 2012
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  • Naira Weakens To Lowest In Week On Dollar Demand

    Nigeria’s naira depreciated to the lowest in more than a week as dollar demand increased after the end of public holidays before a central bank auction. The currency of Africa’s biggest oil producer declined 0.3 percent to 158.23...

    • Posted August 23, 2012
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  • AfDB establishes $11m Research centres for students

    The Resident Representative of African Development Bank, Dr. Dore Ousmane, said on Wednesday that the bank had established $11m Information Technology-based research centres to enhance science and technology education for students. Ousmane made this known in an...

    • Posted August 23, 2012
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  • Delta Claims 2012 Budget Implementation at 50%

    Delta State Government says it has implemented its 2012 budget by about 50 per cent. The state Commissioner for Economic Planning, Mr. Kenneth Okpara, said this on Wednesday at the commencement of the state’s 2013 budget preview...

    • Posted August 23, 2012
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  • Interswitch CEO Clinches CNBC Business Leaders’ award

    The All African Business Leaders Awards (AABLA) has awarded the Managing Director of Interswitch, Mitchell Elegbe, the 2012 West Africa Business Leader of the Year. The AABLA, an initiative of CNBC Africa serves as a platform to discover...

    • Posted August 23, 2012
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  • House of the Week: Stylishly finished N3.5m Three-Bedroom Luxury Serviced Apartment to rent in Ikeja G.R.A, Lagos

    This 3 bedroom apartment comes with all rooms en-suite, with swimming pool in a large compound, Generator. Ikeja G.R.A. is an integral part of IKEJA – a suburb of the city of Lagos State and the State...

    • Posted August 23, 2012
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  • Ondo Grants N1 billion to Entrepreneurs

    The Ondo State Commissioner for Commerce and Industry, Tayo Akinjomo says the state government has so far disbursed the sum of N1 billion to Small and Medium scale Entrepreneurs. He told the News Agency of Nigeria (NAN) in Akure...

    • Posted August 23, 2012
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