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Showing posts from March 24, 2012

Pure water’ sellers enjoy boom in sales

Pure water’ sellers enjoy boom in sales On March 24, 2012 · In News 10:00 am Email 1 Umuahia – There is  a noticeable increase in the number of sachet water hawkers in Umuahia as the demand for cold water increases because of the intense heat in the area. The hawkers and dealers in the commodity, popularly called ‘pure water’ are enjoying huge patronage.  . The hawkers, mainly mothers and school-age children, have become ubiquitous as they move from street to street. Mrs Agnes Ibe,   25, who hawks the commodity in the city, said that she was making “’a lot of money” from her daily sales. Ibe, a mother of three, said that she made an average of N2,000 daily on sales. “The business is profitable and this has helped me in paying my children’s school fees for this term,” she said, adding that her son usually joined her in the business after school. Some residents said t...

University split over Korean-US World Bank candidate

University split over Korean-US World Bank candidate On March 24, 2012 · In News 1:12 pm Email 0 HANOVER, New Hampshire  (AFP) – Dartmouth College students, returning from spring break, were divided over President Obama’s decision to nominate their president to lead the World Bank. Jim Yong Kim, a Korean-American who became the first Asian-American to lead a prestigious Ivy League university, began his tenure at Dartmouth in 2009 as something of a rock star, a reflection of his success in tackling global health problems. His glitter however dimmed earlier this year when a senior alleged that a Dartmouth fraternity required pledges to eat vomit-filled omelets and swim in a kiddie pool of bodily fluids. Critics accused Kim of doing little to prevent such behavior. ...

Africa backs Okonjo-Iweala for World Bank Presidency

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Africa backs Okonjo-Iweala for World Bank Presidency  News     Friday, March 23, 2012 South Africa has called a news conference for today to announce an African candidate for the World Bank presidency, widely expected to be Nigerian Finance Minister Ngozi Okonjo-Iweala, sources familiar with the discussions said, yesterday. South Africa chairs one of the three African seats on the 25-member World Bank board, and Okonjo-Iweala's candidacy was being proposed after consultations between South African President Jacob Zuma and Nigerian President Goodluck Jonathan, the sources said. 2011 Budget Breakdown : Minister of Finance, Dr Ngozi Okonjo-Iweala addressing Pressmen on the 2012 budget with Director General of Budget, Bright Okogun. Photo: Gbemiga Olamikan. advertisement A statement from South Africa's Treasury said the Finance Ministers of Angola, Nigeria and South Africa would hold a news con...