Nigeria
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A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
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NEW YORK, April 4- If you read just one book this spring to understand how the world is changing, it should be Mohsin Hamid's new novel, "How to Get Filthy Rich in Rising Asia." Asia's rise is a story of the eastward tilt of global gross domestic product, but behind those numbers are billions of individual lives that are being radically transformed.
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April 4- China's influence in Africa goes so deep that African leaders are starting to shape their own agendas after China's. In welcoming Xi Jinping, China's new president, to South Africa last month for a BRICS conference, Zuma gushed, "We view China's success as a source of hope and inspiration."
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Rebecca Martin of the U.S. Centers for Disease Control and Prevention. "We have a chance now, with the fewest cases in the fewest places," she said, joining officials from the World Health Organization, Gates Foundation and Rotary International to discuss the strategy that will be finalized later this month.
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*Changes expected in dysfunctional Vatican administration. VATICAN CITY, April 2- Pope Francis, who has said he wants the Catholic Church to be a model of austerity and honesty, could restructure or even close the Vatican's scandal-ridden bank as part of a broad review of its troubled bureaucracy, Vatican sources say.
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*Naval planner says suitable system to cost $700 million. ASHDOD, Israel, April 1- Israel's huge new offshore gas resource offers its enemies an obvious target and gives its navy, long overshadowed by other branches of the Israeli armed forces, a big job that will require extra spending.
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A dramatic shift in how energy is being produced and consumed around the world could lead to far-reaching changes in the geopolitical order.
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LONDON, March 28- OPEC crude oil output is on course to reach its lowest since October 2011 this month as unrest in Libya, pipeline leaks in Nigeria and Iraqi export disruptions weigh on supplies, a Reuters survey found on Thursday.
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GENEVA, March 28- Commodity trading houses are expanding aggressively in Africa as they look to add volume and take on assets that promise to benefit from a continent achieving some of the highest economic growth in the world.
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ABUJA, March 27- Two Nigerian government agencies told a parliamentary hearing on Thursday that Royal Dutch Shell. The National Oil Spill Detection and Response Agency told the national assembly Shell should pay $5 billion as a fine for environmental damage caused from a 40,000 barrel spill on Dec. 20, 2011 at the Bonga offshore rig.
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ABUJA, March 27- Nigeria has offered to sell a major power station to the Chinese engineering firm that has upgraded the plant, the privatisation agency said, as it aims to end power shortages that are the biggest brake on economic growth.
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LONDON, March 27- West African crude oil differentials stayed firm on Thursday despite higher supply, with Angolan and Nigerian cargoes for May loading selling steadily.
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LAGOS, March 27- Julius Berger Nigeria. said on Wednesday its full-year pre-tax profit rose 24.27 percent to 12.34 billion naira last year, compared with 9.93 billion naira in the same period of 2011.. The construction giant said it also grew its turnover by 18.97 percent to 201.56 billion naira, from 169.41 billion naira a year ago.
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LAGOS, March 27- The Nigerian unit of beverage maker Cadbury said on Wednesday it grew its full year pre-tax profit by 9.10 percent to 5.51 billion naira in 2012, compared with 5.05 billion naira last year. Cadbury said its turnover however declined to 33.55 billion naira from 34.11 billion naira during the same period last year.
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LAGOS, March 27- Lafarge's Nigerian unit, Wapco, said on Wednesday its full-year pretax profit more than doubled to 21.26 billion naira, compared with 10.34 billion a year ago. In a filing with the Nigerian Stock Exchange, it also said it would pay a 1.20 naira per share dividend to shareholders.
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HONG KONG/ ABUJA, March 27- Brazilian oil company Petrobras is to auction off its stakes in Nigerian oil fields to raise cash for domestic projects, a deal that may fetch up to $5 billion, sources close to the deal said.
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*Acquisitions in Nigeria and Ghana start to pay off. LAGOS, March 27- Pan-African lender Ecobank Transnational said on Wednesday its full-year pretax profit rose 25 percent in 2012 to its highest ever of $348 million, compared with $277 million the previous year.
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HONG KONG/ ABUJA, March 27- Brazil's state oil company Petrobras has launched an auction to sell its interest in Nigerian oil fields, in a sale that may fetch up to $5 billion, as the company seeks to raise cash and embarks on a capital spending plan, people close to the matter told Reuters.
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LAGOS, March 27- Pan-African lender Ecobank Transnational said its full-year pretax profit rose 25 percent in 2012 to its highest ever level of $348 million, compared with $277 million the previous year, the bank said on Wednesday.
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State-owned China Machinery Engineering Corporation completed the second phase of the Omotosho power plant in southwest Nigeria last month, taking total output from 375 megawatts to 500 MW.
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NAIROBI, March 27- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. KENYA- The Supreme Court starts hearing a petition filed by. KENYA- The central bank sells 182- Treasury bills.