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  • Kenya Slashes Petrol, Diesel and Kerosene Prices

    At a time when sub-Saharan Africa countries are witnessing increases in gas prices, often by outrageous increments, the Kenyan government has announced the reduction of petrol prices in the country. Citing a stronger currency that is offsetting...

    • Posted January 15, 2012
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  • Labour, FG Talks End in Stalemate Saturday, Resume Today

    Talks between the Federal Government and Labour have ended in a stalemate as both sides have refused to shift grounds on their current positions. The Government has refused to revert back to the N 65 pump price...

    • Posted January 15, 2012
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  • More Than A Rumor: Ipad 3 expected to go on sale in March

    Apple Inc. (AAPL)’s next iPad, expected to go on sale in March, will sport a high-definition screen, run a faster processor and work with next-generation wireless networks, according to three people familiar with the product. The company’s manufacturing...

    • Posted January 14, 2012
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  • Subsidy: The Real Cabal Staying the President’s Hand against the People’s Decision

    The thing about a democracy is you have to respect the will of the people. Goodluck has to respect the will of the people, but even before he gets that far, he has the will of his...

    • Posted January 14, 2012
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  • Oil Minister Alison-Madueke Issued the January 1st Fuel Subsidy Kill Order

    As the first two weeks of a very charged up year have elapsed, Nigerians are still angry over the government’s abrupt and insensitive decision to remove fuel subsidy. Recent revelations will see Nigerians focusing their anger on...

    • Posted January 14, 2012
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  • Eurozone Crisis: S&P Announces Mass Downgrades

    Full announcement: ——– In our view, the policy initiatives taken by European policymakers in recent weeks may be insufficient to fully address ongoing systemic stresses in the eurozone. We are lowering our long-term ratings on nine eurozone...

    • Posted January 14, 2012
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  • SUBSIDY OR NO SUBSIDY (SEASON 2)

    And the drama goes on. Honestly, this show is as good as the best television series ever. Everyday something new happens and we simply do not know how it is all going to end. Starring Goodluck, Ngozi...

    • Posted January 13, 2012
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  • Obama seeks to Raise Debt Ceiling by $ 1.2 trillion to $ 16.4 trillion

    President Obama formally notified Congress on Thursday of his intent to raise the nation’s debt ceiling by $1.2 trillion, two weeks after he had postponed the request to give lawmakers more time to consider the action. Congress will...

    • Posted January 13, 2012
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  • Several Container Ships Stuck Waiting Outside Ports May divert Cargo

    Due to the closure of the sea ports, Maersk Line, an arm of Danish shipping group AP Moller has been unable to deliver containers laden with food and consumer goods to the Apapa Ports. The company is...

    • Posted January 13, 2012
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  • Nigerian Economy Loses N 100 Billion Everyday Strike Continues – Sanusi

    According to the Governor of the Central Bank, Nigeria loses N 100 billion daily to the labour strike. The calculations are estimates based on the projected Gross Domestic Product (GDP) for the year and are divided by...

    • Posted January 13, 2012
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  • Labour, FG to reach Consensus on Saturday, Work may Begin Monday

    Indicators point to Labour and government reaching a consensus on their next scheduled meeting for the fuel subsidy regime on Saturday, leading to a lifting of the strike and workers beginning work on Monday. Speaking to journalists...

    • Posted January 13, 2012
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  • International Airlines Depart at Midnight as Airports Remain Closed

    The attendant effects that the ongoing labour strike has on airline operators in the country are myriad. National Union of Air Transport Employees (NUATE), and Air Transport Services Senior Staff Association of Nigeria (ATSSAN) have ensured that...

    • Posted January 13, 2012
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  • Malaria Vaccine Almost Here

    Medical practitioners across Africa working on a vaccination for the deadly malaria disease have continued to make good progress.Dr. Patricia Njuguna, a researcher based in Kenya has developed a vaccine named RTS, S which has been termed...

    • Posted January 12, 2012
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  • South South States to get Made in Nigeria Solar Panels

    Locally manufactured panels are being deployed in several southern states as part of a pilot programme to develop alternative energy and rural electrification in Nigeria. The panels are developed by National Agency for Science and Engineering Infrastructure...

    • Posted January 12, 2012
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