Fuel prices push Ghana inflation higher

Higher fuel prices pushed inflation in Ghana higher in February for the second month in a row, according to data on Wednesday that heightened speculation over a possible monetary tightening. Annual inflation rose to 9.16 per cent from 9.08 per cent in January, the second monthly rise after 19 months of falls. It was expected after the government implemented a…

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Zimbabwe to take controlling stake in mines

Zimbabwe will effectively nationalise half of the country's key resources sector by setting up a sovereign wealth fund to own 51 percent stake of mining companies, a government minister said on Wednesday. Saviour Kasukuwere, minister of youth empowerment and indigenisation, said the government in the resource-rich country will publish guidelines on mine ownership regulations on Friday and the rules take…

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Electricity supply improves in Nigeria

The Federal Government has said it is making steady progress towards achieving the target of the Roadmap it set last year for the power sector. Minister of Finance, Olusegun Aganga, who presided over the meeting of the Presidential Action Committee (PAC) on Power on behalf of President Goodluck Jonathan, told reporters in Abuja that government effort so far resulted in…

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Spurs ‘living the dream’

9 March 2011 Harry Redknapp admits Tottenham are in Champions League dreamland after his side reached the quarter-finals with a tense 1-0 aggregate win over AC Milan. Redknapp's team survived a barrage of pressure from Milan at White Hart Lane on Wednesday to secure a 0-0 draw in the last 16 second leg clash and that was enough to eliminate…

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Jewel Obi glitters

10 March 2011 Inter Milan youngster Joel Obi has stepped up to the plate at a time Nigerian fans are desperate for new heroes following the fiasco that was last years World Cup. You will most probably have to go far back to 2004 when Obafemi Martins made a goal-scoring debut in London to match Obis own Super Eagles bow…

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Reds, City face tricky away matches

10 March 2011 The UEFA Europa League Round of 16 begins this evening, with eight first leg matches spread across the continent. Liverpool, after their impressive 3-1 destruction of Manchester United in the Premier League, head into their away match against Portugals Braga without captain Steven Gerrard, defender Daniel Agger and utility player Fabio Aurelio. However, striker Any Carroll is…

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‘Corruption in Nigeria is in the corridors of power’

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Anti-Corruption Revolution (ANCOR), a non-governmental organisation, has declared that it will be difficult for the Federal Government and its agencies to curb corruption in the country, considering the involvement of high profile Nigerians in corrupt practices. The National Publicity Secretary of the group, Amitolu Shittu who decried the high rate of corruption in the country, said the menace of corruption…

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Party factional leader joins Obasanjo’s camp

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Former Chairman of the People's Democratic Party (PDP) and loyalist of the Ogun State Governor, Gbenga Daniel, Joju Fadairo yesterday declared that he has decided to join Olusegun Obasanjo's faction of the party in the state. The former Nigerian president's faction of the party had produced Tunji Olurin as the PDP's governorship candidate for Ogun State. Mr Olurin's status was…

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Mimiko flags off N4.8 billion road

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Ondo State governor, Olusegun Mimiko, yesterday flagged off the Ikare-Akoko-Ajowa road which cost the state N4.8 billion. Mr. Mimiko also commissioned the largest market in Ondo State, the Ikare Regional Market, built at a cost of N210 million. The two key projects were part of activities marking his administration's second anniversary as his spate of project commissioning took him to…

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Phil Collins announces retirement

Chinaydu out with new single Ruggedman's rap protégé, Chinaydu of the ‘9ice the Ingrate' fame has released a new single, ‘Falling'. The rapper who is the first artist on Rugged Records, yet again featured label boss Ruggedman in ‘Falling' released yesterday on Notjustok.com. The track borrows a satirical opening from the multiple award-winning title track by American singer, Alicia Keys.…

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