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Concerns over women’s pension rights raised with MPs

SEOUL: Concerns have been highlighted to MPs about the rights of many women to a new “simpler” flat-rate state pension, the British Broadcasting Corporation reported on Wednesday. Under government...

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Centrica profit heats up

Profit soared at British Gas parent Centrica due to a combination of organic growth, acquisitions and cost saving. Profit soared at British Gas parent Centrica due to a combination of organic growth,...

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Clearwire to tap Sprint money, continues Dish talks

BANGALORE: Clearwire Corporation said on Wednesday that it would draw on $80m in financing from Sprint Nextel Corp, which is seeking to buy it, but vowed to continue talks with rival bidder, Dish...

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NDIC pays failed bank depositors N90bn

The Managing Director, Nigeria Deposit Insurance Corporation, Alhaji Umar Ibrahim, said in Kaduna on Wednesday that the corporation had paid depositors of 48 failed banks in the country a total of...

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Yero signs 2013 budget of N179.05bn

Governor Ramallan Yero of Kaduna State on Wednesday assented to the 2013 budget of  N179,053,904,185. A breakdown of the budget showed that N104.5bn was earmarked for capital expenditure with the...

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NEITI designs audit template on fiscal allocations, disbursements

The Nigeria Extractive Industries Transparency Initiative has designed an audit template on fiscal allocation and statutory disbursements for the oil, gas and mining sectors. This, it said, would...

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Wellness Resort holds special night

Clear Essence California Spa and Wellness Resort, Lagos  will on Thursday (today) treat guests to an evening of merriment and  music. The event tagged, ‘Wine & Dance’ is predicated on the legendary...

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Report scores Nigeria low on budget transparency

EFFORTS of Federal Government at improving the nation’s image before the international business community and credit rating agencies have suffered a major setback as the International Budget...

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First Bank introduces youth empowerment programme

First Bank of Nigeria Limited has commenced a programme titled, ‘First Bank Youth Excel Series’ designed to empower youths. The Group Managing Director, First Bank, Mr. Bisi Onasanya, said during the...

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GTBank rewards customers in e-savers promo

Guaranty Trust Bank Plc has commenced a loyalty reward scheme for customers of its card-based interest bearing undergraduate account called GTCea8 e-savers account. A member, Communications and...

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Windows phone OS market share jumps in UK

New smartphone sales data from Kantar Worldpanel ComTech shows Windows gaining popularity with consumers, growing its user base in the United Kingdom by almost 700,000 in the past year – an increase of...

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Market infractions: NSE fines three stockbroking firms

The Nigerian Stock Exchange has wielded the big stick on three dealing member firms for varying levels of market infractions. A statement posted on the NSE website on Thursday explained that the firms...

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China accuses US of systematic hacking

The Chinese government has accused the United States of a torrent of hacking attempts, blaming hackers in the United States for nearly two-thirds of all cyber-terrorism made against the country. Wall...

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‘Sturdier US economy can withstand budget cuts’

As economic policy goes, experts say, the automatic spending cuts that kick in Friday are – to use a technical term – bone-headed. Associated Press reported that fortunately, the self-inflicted wound...

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Etisalat deploys USSD messaging solution for Nigeria, others

Middle-East, African and Asian telecoms operator Etisalat Group has deployed a low-cost USSD messaging solution that will allow its subscribers using basic mobile phones have access to email, social...

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I had no plan to own a company – Ogunduyile

Chief Executive Officer, Kenol Engineering Company Limited, Mr. Olu Ogunduyile, tells BOSEDE OLUSOLA-OBASA the stories of the company at 25 and his personal life What is the meaning of Kenol? It is a...

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BP spill probe did not address cost overruns

BP Plc’s investigation of its 2010 Gulf of Mexico well rupture and oil spill did not address cost overruns, the executive who ran the probe has testified, Reuters reported. Plaintiffs argue that...

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Italy election punches hole in ECB’s euro defenses

A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last year and vulnerable to a market attack, Reuters reported. Last...

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NCAA seeks land for airlines to build hangars

Aviation industry regulator, the Nigerian Civil Aviation Authority, has urged the Federal Airports Authority of Nigeria to provide land for domestic airlines to construct aircraft maintenance hangar....

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We lack regulations to enforce PPP contracts – ICRC boss

Acting Director-General, Infrastructure Concession Regulatory Commission, Dr. Ghaji Bello, spoke with IFEANYI ONUBA on issues relating to Public Private Partnership projects in the country  You were...

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