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Societe Generale rogue trader, Kerviel, loses appeal

Former Societe Generale trader, Jerome Kerviel, has lost his appeal in Paris against a three-year prison sentence, with an additional two years suspended, for forgery and breach of trust, according to...

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Godliness is virtuous

John Jimoh., 9, Osunlaja Street, Ijebu-Ode, Ogun State +23481548229: Azuka Onwuka’s Nigeria exports religion, India exports cars, The PUNCH, October 23, 2012, is a well-researched article coming from...

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Senator told Boko Haram to threaten Adoke – SSS

The State Security Service on Wednesday told an Abuja Federal High Court that Senator Aliyu Ndume asked a self-confessed spokesman of the violent Islamic sect, Boko Haram, Ali Kodunga (a.ka...

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Bakassi: Court dismisses move to void GTA

An Abuja Federal High Court on Wednesday dismissed a suit in which the indigenes of Bakassi asked for an order to compel the Federal Government to repossess the Bakassi Peninsula and nullify the Green...

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Lagosians trek as okada ban, fuel scarcity bite harder

With the restriction of okada on some routes and the worsening fuel scarcity in Lagos State, many Lagosians who were stranded trekked to their destinations on Wednesday. Also, motorists were held up...

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Teacher arrested for flogging pupil to death

The police in Anambra State on Wednesday arrested Mrs. Njideka Imoka, the teacher that allegedly flogged a pupil, Chidimma Ukachukwu, to death at St. John of God Secondary School, Awka. The police also...

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NA transfers soldiers accused of causing man’s death

Cost of the soldiers accused of causing the death of a 61-year-old man, Mr. Adewale Olupitan-Hassan, in Lagos have been transferred to different parts of the country, a coroner’s inquest was told on...

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Policemen attempted to rob us –Bureau de change operators

Some bureau de change operators on Allen Avenue, Ikeja, Lagos State, have accused some policemen of attempting to rob them. The traders, who spoke with our correspondent on Wednesday, said the...

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Two win Indomie Super millionaire promo

Two residents of the Federal Capital Territory, Blessing Thompson with identification number (IND005702903) and Sunday Onaji (IDN035399518) have emerged millionaires at the ongoing Indomie Super...

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FRSC issues alert on Abuja-Gwagwalada Road, asks motorists to take Kuje exit

Federal Road Safety Corps on Thursday morning warned travellers on Abuja-Gwagwalada Road to expect some delay as a result of the unruly behaviour of some truck drivers. In a post on Facebook at...

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‘Trade fairs, catalyst for industrialisation, trade, investment’

Kwara State Commissioner for Commerce and Cooperatives, Alhaji Mohammed Raji,  has described trade fairs as catalysts for  industrialisation, trade and investment prospects. Speaking at the...

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NACCIMA to address dearth of technical personnel

Worried by the declining vocational studies and technical education with the attendant dearth of technical personnel needed in key productive sectors of the economy, the Nigerian Association of...

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Americans to face rising prices, taxes in 2013

Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country’s already slow-moving economy,...

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PEARL commences collation, selection process

The Research and Collation Committee of PEARL Awards Nigeria has commenced the collation and computation of data for the selection of winners for this year’s annual Performance, Earnings and Return...

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Gold bounces from seven-week low

Gold rose on Thursday, after a drop to seven-week lows the previous day, with a rising euro and prospects of further monetary stimulus lending support to prices, Reuters reported. Spot gold was up 0.8...

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Forex: CBN supplied $7.05bn in Q2

The Central Bank of Nigeria supplied a total of $7.05bn in foreign exchange in the second quarter of 2012, compared to $6.82bn offered in the first quarter, representing a decline of 3.37 per cent. The...

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Wall Street gains slightly, led by P&G

Wall Street rose modestly on Thursday after the Standard & Poor 500’s worst five-day stretch since May, but economic figures and corporate results were not strong enough to inspire heavy buying....

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Zynga shores up 2012 view after shares jump

Zynga Inc raised the lower end of its 2012 earnings outlook after quarterly revenue beat Wall Street’s rock-bottom expectations, driving its shares 13 per cent higher. Reuters reported that as pressure...

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European stocks rise as Unilever, Sanofi beat estimates

European stocks climbed for a second day as companies including Unilever and Sanofi posted results that exceeded analysts’ estimates, Bloomberg has reported. Unilever gained 2.6 per cent, its biggest...

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Dangote Sugar posts N15.36bn profit

Dangote Sugar Refinery Plc has announced a gross profit of N15.56bn for the third quarter of this year. The result, according to a statement by the company, shows an increase of N5.19bn on the amount...

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