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  Fuel Subsidy Removal: Some Marketers Already Selling Petrol At N 150

  Thousands of Lagosians rushed to filling stations after information that the Federal Government had removed fuel subsidy trickled through media channels. Whilst some of them were lucky enough to find filling stations still open and selling at...

  • Posted January 1, 2012
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  It Is Official: Fuel Subsidy Removed, Read Full Press Release

  PPPRA Announces Formal Removal of Subsidy on Premium Motor Spirit (PMS)  Following extensive consultation with stakeholders across the nation, the Petroleum Products Pricing Regulatory Agency (PPPRA) wishes to inform all stakeholders of the commencement of formal removal...

  • Posted January 1, 2012
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  Stock Market Recap: 2011 Was Year of the Bear

  STOCK MARKET RECAP: 2011, year of the Bear The Nigerian Stock Exchange in 2011 was the year of the bear. Undoubtedly the stock market held much potential at the onset of the year, with a lot hinging...

  • Posted January 1, 2012
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  Nigeria might talk to Boko Haram via “back channels”

  Nigerian security services are considering making contact with moderate members of shadowy Islamist sect Boko Haram via “back channels,” even though explicit talks are officially ruled out, the national security adviser said on Friday. Speaking a day...

  • Posted December 30, 2011
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  Stock Market Watch: N 8.7 Billion traded in last session of 2012

  The Nigerian Stock Market closed the last trading day of the year slightly down, shedding only 21 points. The All Share Index closed the year at 20,730.63. The banking sub-sector appreciated by 0.75%, as top-tiers UBA, GTBank...

  • Posted December 30, 2011
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• UBA to form Holding Company, Get Shareholders Approval

  Shareholders of United Bank for Africa (UBA) Plc, Thursday  approved  its plan to restructure into a financial services holding company(holdco). The approval, which was given by the shareholders at a court- ordered meeting   in Lagos, will enable...

  • Posted December 30, 2011
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  Google Recruiter Reveals The Biggest Mistake Job Candidates Make

  Michael Junge is a recruiter on staff at Google, focusing on hiring executive level talent for the company. But he’s also written a new book for a broader readership, about mastering the job search process in the...

  • Posted December 30, 2011
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  REVEALED: Actual cost of petrol is N39.50 per litre – Coalition

  AGAINST claims by the Federal Government that it was subsidizing fuel with over N1.3 trillion, it has been revealed  that Nigerians were already over-paying for fuel, as the actual cost of a litre of petrol ought to...

  • Posted December 30, 2011
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  Oil Subsidy: Does President Jonathan Deserve To Continue To Rule?

  The most fundamental question, which the discourse and widespread concerns within the poor strata of the Nigerian society over the issue of removal or non-removal of oil subsidy raises, is whether or not President Jonathan deserves to...

  • Posted December 30, 2011
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  FG to create 2m jobs in 2012 through Cluster Concept – Prof. Ita Ewa

  The Minister of Science and Technology, Prof. Ita Ewa yesterday said that about  two million jobs will be delivered to Nigerians through the ministry’s Cluster Concept. This is aimed at fast-tracking development of rural communities in Nigeria. Ewa, who...

  • Posted December 30, 2011
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  Ghana cuts fuel subsidies following increase in crude oil prices

  Ghana has cut fuel subsidies following an increase in crude oil prices and the depreciation of the Ghana cedi currency, the head of Ghana’s National Petroleum Authority (NPA) said in a statement yesterday. Ghana, which joined the club of...

  • Posted December 30, 2011
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  CBN Bans GSM Companies From Mobile Money Advertisement

  The Central Bank of Nigeria, CBN, has banned GSM telecommunication companies from advertising on behalf of any mobile money scheme operators. The ban was communicated via a circular to all mobile scheme operators, signed by Mr. Gaus...

  • Posted December 30, 2011
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  Stock Market Watch: Dangote Carries the Index to the Green

  Dangote Cement gained the full 500 points allowed and carried the market on its back to close in the green after today’s trading. The All Share Index was up 0.76% to close at 20,773.98. The Food and...

  • Posted December 29, 2011
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  Buy Dubai

  A leading property developer in Dubai, Damac Properties, is developing an ultra-modern luxury high-rise (90 floors) residential tower in the Dubai marina. The project is located next to the Marina Walk and facing the Palm Jumeirah and...

  • Posted December 29, 2011
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