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Boeing 787 Dreamliner: NTSB releases battery fire details

A detailed description of a battery fire on board a Boeing 787 Dreamliner has been released by a US regulator but no cause has been specified. BBC reports that the National Transportation Safety Board...

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Japan growth figures lift recovery hopes

Japan’s economy stopped contracting in the final quarter of 2012, figures have shown, raising hopes of a recovery. Gross domestic product grew at an annual pace of 0.2 per cent in the quarter, the...

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FSA probes use of private detectives by insurers

LONDON: The FSA has launched an investigation into how insurers use private investigators when examining claims, www.insurancetimes.co.uk reported on Tuesday. The regulator said it had started the...

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Market capitalisation rises by N147bn

Trading activities on the Nigerian Stock Exchange closed positive on the second trading day of the week as indicators recorded significant appreciation.  The market capitalisation of the listed...

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27 prison inmates trained in baking, textile technology

The Legal Aid Council, Kano State Office, and Northern Nigeria Flour Mills have sponsored skills training for 27 inmates of the Kano Prison, preparatory to their release. The Kano State Coordinator of...

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Oil deposits washed up along North Yorkshire coast

NORTH YORKSHIRE: A clean-up operation is being carried out along a 15-mile stretch of coastline after deposits of oil were washed up on beaches, the British Broadcasting Corporation reported on...

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Sudan, South Sudan to restart oil deliveries

Addis Ababa: Sudan and South Sudan have agreed to restart oil production within two weeks, an official of South Sudan said on Tuesday. According to the News Agency of Nigeria, the deal, which could see...

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Agent smuggles fake bomb through airport security

An undercover agent with a fake explosive device in his pants was able to pass through two United States security checkpoints at Newark’s Liberty airport. The incident, reported by the New York Post,...

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KLM to promote sustainable flights

KLM Royal Dutch Airlines has said it will operate its first series of bio-fuel powered intercontinental flights in partnership with Schiphol Group, Delta Air Lines and the Port Authority of New York...

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Investors’ appetite’ll drive market activities –Analysts

Activities in the equities section of the Nigerian capital market are expected to close on the upside this  week, capital market analysts have said. The analysts said that barring unforeseen...

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IAG considers Vueling options after snub

International Airlines Group said it was considering its options over its proposed takeover of Vueling after the Spanish budget airline recommended shareholders reject IAG’s offer. According to a...

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Scottish jobs outlook best in six years

NEW YORK: The jobs outlook in Scotland has returned to pre-recession levels and is continuing to catch up with the rest of the United Kingdom, according to a business survey, the British Broadcasting...

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SEC nominee to tackle questions on NFL work

Mary Jo White will likely face questions about her work for big Wall Street clients when senators on Tuesday consider her nomination to head the United States Securities and Exchange Commission, but...

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House sales: Rics survey suggests cautious optimism

SCOTLAND: The number of houses sold in Scotland increased last month, according to a survey of chartered surveyors, the British Broadcasting Corporation reported on Tuesday. The Royal Institution of...

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Auto fair’ll focus on spare parts –BKG

BKG Exhibitions Nigerian Limited has said the eighth Lagos Motor Fair will focus on the development of auto spare parts. A statement by the firm on Tuesday quoted the Chairman of the event’s organising...

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Group trains farmers on agri-business

No fewer than 43 farmers were trained on modern farming system and strategies for the  attainment of world best practices for maximum yield during a one-week seminar organised by the Agbekoya Farmers...

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DLM emerges best investment bank

Dunn Loren Merrifield emerged the best investment bank in Nigeria at the 2012 African Governance and Corporate Leadership Awards organised by the Institute for Government Research and Leadership...

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Kreston International admits Peak Professional

Kreston International, a global network of independent accounting firms, has admitted Nigerian accounting firm, Peak Professional Services, into its network. According to a statement, the move is in...

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Minister wants maximum use of new Benin airport

The Minister of Aviation, Mrs. Stella Oduah, has called on stakeholders in the aviation to collaborate for effective use of the remodelled Benin Airport. She said aside the general policy of the...

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Customs in Edo seize contraband worth N200m

The Eastern zone of Nigeria Customs Service on Tuesday said it had seized contraband worth over N200m. The Deputy Comptroller of Customs (Anti Smuggling unit), Mr. Hassan Shallangwa, disclosed this at...

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