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Oando Posts N224.03b Turnover In Third Quarter 10th NOV 2006

Oando Plc, the integrated energy solutions provider with operations geographically spread across West Africa has announced a turnover of N224.03 billion for its unaudited results for the third quarter ended 30 September 2006...
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Global Risks ‘Hitting’ Business
10th NOV 2006

Almost half of the world’s countries do not have stable enough conditions for business to flourish in, a report says. Firms regularly face disruption—and often outright hostility— from governments, according to International Business Consultancy Control Risks...
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Top Stories

Abuja Le Meridien Acquired...
Flamboyant businessman Jimoh Ibrahim who acquired federal government owned NICON Insurance has paid N6.5 billion ($50 million) for Abuja Le Meridien...
10th NOV 2006

Halliburton Closes Deal to Sell Nigeria-Based Lift Boats...
Halliburton West Africa Limited and Halliburton Energy Services Nigeria Limited finalized the previously announced agreement to sell certain non-core assets to Hercules Offshore, Inc...
10th NOV 2006

LCCI Tackles Unemployment, Sets Up Employment Bureau...
Apparently worried by the growing unemployment and under employment rates in the economy, the Lagos Chamber of Commerce and Industry (LCCI) has set up an Employment Bureau at the Trade Fair Complex, Badagry Expressway...
10th NOV 2006

Customs Appoints Standard Chartered Bank As
Revenue Collector...
The Nigeria Customs Service (NCS) has appointed Standard Chartered Bank Nigeria (SCBN), the Nigerian subsidiary of Standard Chartered as one of the collectors of Customs revenue on behalf of the Federal Government of Nigeria...
9th NOV 2006

IBN Chief Urges Caution In Local Content Implementation...
Insurance Brokers of Nigeria (IBN)'s Chief Executive, Mr. Prosper Okpue, has asked insurers to be cautious over hasty implementation of the Federal Government local content policy in the oil and gas sector...
9th NOV 2006

Govt Begins e-Governance Training For 30,000 Workers...
The Federal Government on Wednesday commenced the training of about 30, 000 of its workers on electronic governance system, e-Governance.
9th NOV 2006

Columnist Weekly

IDEAS, NOT
MONEY,
GENERATE
CAPITAL FOR
POVERTY
ALLEVIATION.

Follow the thoughts of one of Africa’s greatest brains who was voted history's greatest scientist (#1) of African descent — and the 35th greatest African of all time — in a survey for the September 2004 issue of the London-based New African magazine. He won the 1989 Gordon Bell Prize, the Nobel Prize of supercomputing and in 2000 was extolled by Bill Clinton as “one of the great minds of the Information Age.”

Africa: Out-of-the-Box Thinking in an
In-the-Box World
- By Philip Emeagwali

I once believed that capital was another word for money, the accumulated wealth of a country or its people. Surely, I thought, wealth is determined by the money or property in one’s possession. Then I saw a Deutsche Bank advertisement in the Wall Street Journal that proclaimed: “Ideas are capital. The rest is just money.”
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Comment

PHCN & Online Electricity Payment System
By Chyke 9 OCT 2006

This is a great achievement for the country. My only concern here is the motivation for this implementation...
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