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Glo honoured for innovative products

Globacom has been named the most innovative company of the year at the City People awards. A statement by the firm on Thursday said Globacom was adjudged to be the most inventive telecoms company by a...

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Africans demand justice, accountability over land deals

People who feel wronged by large scale land deals in Africa are taking a variety of steps to seek justice, according to new research that examines the accountability of public authorities that preside...

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MultiChoice activates new resource centres

MultiChoice Nigeria, a provider of premium pay entertainment, has added 43 new resource centres to existing 201 locations to bring the number of its educational resource centres to 244 in 24 states...

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Samsung unveils first Ultra-High Definition TV

Samsung Electronics West Africa has announced its first Ultra High Definition TV, with a ‘floating’ design, which, according to the company, will revolutionise home cinema all over the world. Housed...

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GTB attributes success to customers’ loyalty

Chief Executive Officer, Guaranty Trust Bank Plc, Mr. Segun Agbaje, has attributed the bank’s success in 2012 financial year to customers’ loyalty. The bank’s results for the just released 2012...

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IT parks: Nigeria’s info-tech industry under global focus

Nigeria’s    Information Technology industry has come under global focus with the initiative to construct IT parks, STANLEY OPARA writes For a very long time, Nigeria has remained largely a consuming...

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Fed should focus on jobs —Yellen

The Federal Reserve should focus its energies on bringing down an elevated United States unemployment rate even if inflation “slightly” exceeds the central bank’s target, Fed Vice Chair Janet Yellen...

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Etisalat reopens access to Skype website

The United Arab Emirates’ top telecoms operator, Etisalat, has stopped blocking the website of Skype, the world’s number one Internet-based phone call provider, although the move could put further...

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Fears of off-balance-sheet risks hit China

China’s banks are feeding unwanted assets into the country’s “shadow banking system” on an unprecedented scale, reinforcing suspicions that bank balance sheets reflect only a fraction of the actual...

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Nakumatt Seeks $50m for expansion

Nakumatt Holdings Limited, the biggest retail chain in East Africa by outlets, is seeking to raise as much as $50m to open new stores over the next four years, Managing Director, Mr. Atul Shah said....

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Wema gets SEC, NSE approval to raise N35bn

Wema Bank Plc has received approval from the Nigerian Stock Exchange and the Securities and Exchange Commission to raise N35bn through special placing. The bank had earlier announced plans to issue...

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Russia Q1 GDP grew less than expected — Minister

Russia’s economy expanded by a less-than-expected one per cent in the first quarter of 2013, which is likely to force a cut in the growth forecast for the full year, Economy Minister Andrei Belousov...

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Experts move to tackle e-Waste problem

Representatives of Central American governments, private companies, universities and non-governmental organisations have set a 20-point agenda aimed at advancing the handling of waste from electrical...

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Sony unveils waterproof Xperia Z phone

Sony Mobile Communications, a frontline mobile device maker, has said its flagship Android smartphone, Xperia Z, recently introduced into the Nigerian market, is waterproof. The multi-faceted phone was...

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N88bn spent on rice, sugar importation in three months

Importation of rice and raw cane sugar into the country gulped a whopping sum of N88.15bn in the last quarter of 2012, the National Bureau of Statistics stated in its fourth quarter 2012 trade...

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Malawi sees inflation dropping to 18%

Malawi expects inflation to slow to an average of 18 per cent this year, helped by a bumper crop and strong tobacco prices, its finance minister said, as the destitute southern African country...

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Samsung infringed key part of Apple patent –Judge

Samsung Electronics Company Limited infringed a key portion of an Apple Inc patent by including a text-selection feature in its smartphones and tablets, an International Trade Commission judge said in...

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Workers’ pension calculation threatens PHCN privatisation

Fresh facts have emerged that the Federal Government and workers of the Power Holding Company of Nigeria have yet to agree on the actuarial calculation of the pension entitlements of the aggrieved...

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Nigerians crave quality solutions –Slot Systems

Slot Systems Limited, dealers in communications products, has said Nigerians always crave for quality solutions because of their strong desire for effective communication. The Executive Director, Slot...

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Airtel awaits MNP, connects subscribers on WhatsApp

As part of its preparations for Mobile Number Portability, telecoms services provider, Airtel Nigeria, has introduced WhatsApp data application packages to its subscribers. This follows a...

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