Recent Posts

Banks to capture customers’ finger prints next year

Wow!!! This is a welcome development. Lets hope this work out o. The Governor of the Central Bank of Nigeria (CBN), Malam Lamido Sanusi, said the bank would begin capturing of biometric data of bank customers to ensure better services. Sanusi disclosed this on Tuesday in Abuja at the signing …

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World’s deadliest spiders in supermarket fruit

A TERRIFIED family fled their home after finding dozens of the world’s deadliest spiders on their Sainsbury’s bananas.  Pest experts identified the creepycrawlies as lethal Brazilian Wandering spiders — and ordered Consi Taylor, 29, husband Richard and their two young children to abandon their house in Hampton, south-west London. Consi …

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Bigs names investors should follow by apply their strategies

Read why you should follow those bigs names. And learn from them how you can be a  better investor as they are by apply their strategies. There are plenty of these power players on Twitter, but there are a few big name investors and company execs that are absolute must-follows.  …

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Truck Driver Was on Facebook at Time of Fatal Crash, Cops Say

Police Officer Allegedly Killed by Distracted Truck Driver The trucker who crashed his semi into parked emergency vehicles on an Arizona highway was looking at photos of scantily clad women on Facebook at the time of the crash, according to investigators who examined dashcam video of the incident. Arizona Department of Public Safety officer …

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US losses to China as sanction hits harder

Washington sanctions on Iran have undermined the very goals that it would like to achieve. Rather than engaging Tehran, the sanctions are reinforcing the hardliners; isolating a moderate sections of Iran’s community, including the business community and the middle class; dividing old U.S. allies and strengthening China’s clout in the …

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Why Warren Buffett won’t buy Twitter

  According to Jake Mann who wrote why the No 1 investor Warren Buffett won’t buy Twitter. A column written by him on Market Watch. It’s widely assumed that Warren Buffett doesn’t invest in technology stocks, but in recent years, this belief has contrasted with reality. After accounting for 0% of his equity portfolio …

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Spying on Merkel is one thing, spying on the people is another

After a brief relief provided by congressional Republicans during the debt ceiling debate, US President Barack Obama has again found himself handling a snowballing international outcry over US global surveillance operations. Media outlets last week alleged that the US monitored German Chancellor Angela Merkel’s mobile telephone, basing their claims on …

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Portuguese parliament backs austerity budget

Portugal’s lawmakers have given outline approval to a budget bill for 2014 that slashes spending on state pensions, public sector wages, healthcare and education. As it was presented, protesters in the public gallery chanted “Government – out!” before being removed by police. Portugal’s lawmakers have given outline approval to a …

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Beware expensive mistakes in acquiring companies

Who would you go to for advice if you were preparing to do a big business deal? Many Westerners, even with bread-and-butter issues such as buying houses and planning their retirement, would engage a financial adviser. But for many Chinese, it seems, the go-to person, even with multimillion dollar transactions, …

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Google showed off its next-generation smartphone, the Nexus 5

Google showed off its next-generation smartphone, the Nexus 5, as well as the latest update to its Android OS, which is called KitKat, on Thursday. The Nexus 5 is available Thursday on Google Play and starts begins at $349 for an unlocked device without a contract. The 32GB model is priced …

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Balance sheet shows US $16 trillion in the hole

Anyone who ran a company with a balance sheet that looked like the U.S. probably wouldn’t have a company anymore. The picture painted by the federal balance for fiscal year 2012 shows a nation with a negative net worth of more than $16 trillion, according to the Treasury Department’s year-end …

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Tensions with allies rise, but U.S. sees improved China ties: Analysis

With ties between Washington and many close allies strained because of eavesdropping revelations and differences over U.S. policies in the Middle East, the Obama administration can take some comfort from an improvement in ties with China. A year after China’s President Xi Jinping took over the helm of the country’s …

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TRANSFORMING THE AFRICAN CONTINENT WITH NGOZI OKONJO-IWEALA

http://www.youtube.com/watch?v=foEbWCSY0UI Over the last decade, the continent was home to six of the world’s ten fastest growing economies, and the outlook for the region remains bright at a time when the rest of the world is facing major political and economic challenges. At the WEF Summit in Addis Ababa, ABN …

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China Oct. Non-Manufacturing PMI Rises to 56.3 From 55.4

China’s non-manufacturing Purchasing Managers’ Index (CPMINMAN) rose at a faster pace in October, the National Bureau of Statistics and China Federation of Logistics and Purchasing said today in Beijing. The reading of 56.3 compares with 55.4 in September. A number above 50 indicates expansion. HSBC Holdings Plc and Markit Economics will release …

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Samsung edges Apple in tablet-satisfaction survey

Samsung tablets have edged out iPads for the first time in JD Power’s biannual customer-satisfaction survey, although some observers say the results don’t quite add up. Samsung topped JD Power’s rankings with a score of 835 out of 1,000, narrowly beating out Apple’s 833. Amazon was third in customer satisfaction …

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Europe must bring the single market to the digital world

Winston Churchill said, “If you do not take change by the hand, it will grab you by the throat.” Digital change is ready to take the European telecoms sector by the throat, and that should be a worry for the whole economy. Many companies are heavily indebted or prime takeover …

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