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Unilever to spend $5.4bn on India economic revival

Unilever, the Anglo-Dutch maker of Dove shampoo and Lipton tea, plans to spend as much as 292 billion rupees ($5.4 bn) to increase its control over Indian unit Hindustan Unilever Ltd. Bloomberg...

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India reduces petrol prices

New Delhi: Petrol prices have been slashed by Rs.3 per litre from midnight, state-owned Indian Oil Corporation announced Tuesday. “Indian Oil Corporation Ltd. has decided to reduce the retail selling...

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NIMASA blockades NLNG terminals

The Nigerian Maritime Administration and Safety Agency on Friday blocked access to the Nigeria Liquefied Natural Gas Company in Bonny, Rivers State over the latter’s alleged refusal to pay the...

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Royal Dutch Shell chief executive to retire

Royal Dutch Shell has announced that its chief executive, Peter Voser, will step down in the first half of 2014. Voser, 54, said he wanted to spend more time with his family and that he was leaving for...

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Call for quick passage of PIB intensifies

As the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke leads Nigeria’s contingent to Offshore Technology Conference 2013 in Houston, Texas, United States this month, deliberations on quick...

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ECB cuts eurozone interest rate

The European Central Bank has cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone’s economic health. According to a British Broadcasting Corporation report, the...

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Two-year Somalia famine killed 260,000 people — Report

Nearly 260,000 people died during the famine that hit Somalia from 2010 to 2012, a study shows. Half of them were children under the age of five, says the report by the UN food agency and the US-funded...

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Notore, ContourGlobal partner on 500MW power plant

Notore Power Limited (Notore Power), an indigenous independent power producer, has signed a Joint Development Agreement with ContourGlobal to develop, construct, finance and operate a gas-fired power...

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Repositioning Nigerian economy for growth (3)

Last week, we agreed that there was the need for government to reclaim its abandoned economic responsibilities, particularly reviving some critical public enterprises which are the drivers of economic...

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‘FG loses N3.2bn to illegal charter airlines’

The Federal Government is losing at least N3.2bn annually in taxes revenue to the activities of illegal chartered airlines in the country, investigation by SUNDAY PUNCH has shown. Airline industry...

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Understanding WordPress pages, posts and categories

As chapters and pages help you navigate a book quite easily, so are pages, posts and categories to a WordPress-powered blog or website. In fact, pages, posts and categories are the building blocks. So,...

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Experts advise govt on cocoa cultivation

The Managing Director, Cocoa Products Limited, Ile Oluji, Mr. Akin Olusuyi, has urged the Federal Government and governments of cocoa producing states to show greater commitment to production of the...

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Etiquette in education

Looking back at my days in school, I remember how we were encouraged to reach for the stars and believe in our dreams. We loved to read and participate in extra-curricular activities, which...

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FG now sensitive to borrowing –Okonjo-Iweala

The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Friday put the country’s debt to Gross Domestic Product ratio at 19 per cent, saying with this figure, the Federal Government is now allergic to...

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How mobile technology can help Nigerian entrepreneurs

With growing unemployment rates and government’s increasing inability to provide jobs, one song on everyone’s lips is entrepreneurship. Politicians, government officials, captains of industries and...

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You’ve to believe in yourself to succeed — Dada

The Chief Executive Officer, Tonan Travels and Tours Limited, Mrs. Eniola Dada, speaks on why she relocated from Canada to set up a small business outfit in Nigeria, in this interview with IFEANYI...

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Govt has no business buying phones for farmers –Kareem

Tajudeen Kareem is the Managing Director/Chief Executive Officer, Microfone Telecoms, a network for people in rural communities. He tells OLALEKAN ADETAYO why the network is pro-poor and why government...

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Govt has no business buying phones for farmers –Kareem

Tajudeen Kareem is the Managing Director/Chief Executive Officer, Microfone Telecoms, a network for people in rural communities. He tells OLALEKAN ADETAYO why the network is pro-poor and why government...

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Insurance companies pay N23.5bn to flood, fire victims

Insurance companies have paid a total sum of N23.5bn as claims in four major flood and fire disasters recorded in some parts of the country in the last four years. SUNDAY PUNCH learnt on Friday that...

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Sharp considers chairman’s retirement, to scrap posts

Japan’s Sharp Corporation is considering having its chairman, Mikio Katayama, retire and also scrapping advisory posts as part of efforts to speed up a business revival under its president, Takashi...

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