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  • Obama Jokes About Romney, Second Term

    President Barack Obama unveiled his “secret agenda” for a second term last night, vowing to “win the war on Christmas” and replace the former ban on gays serving openly in the military with a policy called “It’s Raining Men.”...

    • Posted April 29, 2012
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  • Nigerian Stock Exchange Analysis: Top 10 Stocks of April

    Fortunes are being made on the stock exchange by shrewd investors, especially those with a long term holding strategy.Why? Depressed stock prices are also guided by the law of economics – that is the business cycle- what...

    • Posted April 29, 2012
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  • Aminu Waziri Tambuwal: The People’s Champion?

    The Fuel Subsidy probe has been a great avenue for Nigerian analysts and pundits to assess the political gem that is Tambuwal. Since 1960, Nigerians haven’t had that many leaders that stand out for good as opposed...

    • Posted April 29, 2012
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  • Nigeria fuel subsidy report increases chances of reform – Fitch

    The fact that corruption in Nigeria’s oil subsidy programme has been officially uncovered is encouraging, both politically and economically, Fitch Ratings says. Politically it shows the government can clean up the system if there is political will....

    • Posted April 27, 2012
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  • Nigeria sells N90b in bonds

    Nigeria sold N90 billion ($572.70 million) worth of debt paper maturing in 2014, 2017 and 2022 at its regular auction on Wednesday, with mixed returns on the bonds, the Debt Management Office (DMO), said yesterday. DMO, said...

    • Posted April 27, 2012
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  • Honourables to Probe NCC’s N 6.1 billion SIM Registration Exercise

    The House of Representatives is set to embark on a probe of the N 6.1 billion SIM card registration project as they have indicated there is no recognizable value for money from its execution. A motion moved...

    • Posted April 27, 2012
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  • MasterCard to Send Lucky Fans to Munich for Championship League Finals

    In support of the Cashless Nigeria initiative, eight hundred lucky MasterCard cardholders, with their partners, will win tickets to a UEFA Champions League Final 2012 Fan Viewing Experience, hosted by MasterCard on 19 May 2012 in Lagos....

    • Posted April 27, 2012
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  • Skye Bank raises US$100 mln in bonds

    Skye Bank has raised $100 million in debt from a multilateral institution at a floating coupon rate of 6.3 percent for seven-years to boost its capital, its chief executive Kehinde Durosinmi-Etti said on Thursday. “It will add...

    • Posted April 27, 2012
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  • Government Agencies are Deadbeats, Refuse to Pay Their Power Bills – Nnaji

    Minister of Power, Barth Nnaji has lashed out on government agencies in the country for negligence to a seemingly basic responsibility – failure to pay their power bills. In an interview with international news agency, Reuters, the...

    • Posted April 27, 2012
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  • Government Recommends Consolidation for Aviation Industry

    Owing to the high costs of operation attributable to companies in the aviation industry, the Minister of Aviation, Stella Oduah has advised airline companies to take a serious look at mergers and acquisitions. Speaking via her special...

    • Posted April 27, 2012
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  • Inflation Rises to 12.1% in the Month of March

    The consumer price index rose to 12.1% in March according to data released by the National Bureau of Statistics yesterday. This figure represents an increase of 0.2% over the figure in February. According to the Statistical organization,...

    • Posted April 26, 2012
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  • CBN shifts Plagiarism Blame from Sanusi to Speechwriters

    The Central Bank Governor, Mallam Lamido Sanusi has responded to the allegations of plagiarism leveled against him by a US-based professor, Victor Dike. The Governor spoke through Ugochukwu Okoroafor, the Corporate Communications Director of the apex bank....

    • Posted April 26, 2012
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  • Bayo Ogunlesi’s Global Investment Partners Acquire Edinburgh Airport for $1.3 billion

    Global Investment Partners, a US buy-out firm, has acquired the Edinburgh Airport for $1.3 billion. The company won the bid against competition from other leading firms including 3i, Carlyle and United States teachers’ pension fund, TIAA–Cref. In...

    • Posted April 26, 2012
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  • Dangote, Police Found Culpable For Deadly Multiple Accident – Coroner

    The Lagos state Coroner, has confirmed that the Dangote Sugar refinery truck was the cause of the accident that killed over 40 people on the Otedola bridge estate, along the Lagos Ibadan expressway in 2010. Also found...

    • Posted April 26, 2012
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